Margaret Katherine Banks Sells 2,600 Shares of Halliburton (NYSE:HAL) Stock

Halliburton Company (NYSE:HAL) Director Margaret Katherine Banks sold 2,600 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $34.17, for a total value of $88,842.00. Following the transaction, the director directly owned 14,043 shares in the company, valued at approximately $479,849.31. This trade represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Halliburton Trading Down 2.5%

Shares of Halliburton stock opened at $33.39 on Thursday. The stock has a market capitalization of $28.10 billion, a PE ratio of 22.11, a price-to-earnings-growth ratio of 2.05 and a beta of 0.78. Halliburton Company has a 52 week low of $18.72 and a 52 week high of $35.55. The stock has a 50 day moving average price of $29.41 and a two-hundred day moving average price of $25.55. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.51 and a current ratio of 2.04.

Halliburton (NYSE:HAL) last issued its earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.14. The company had revenue of $5.66 billion for the quarter, compared to analysts’ expectations of $5.39 billion. Halliburton had a return on equity of 19.77% and a net margin of 5.78%.Halliburton’s quarterly revenue was up .8% compared to the same quarter last year. During the same period last year, the business earned $0.73 EPS. As a group, equities analysts anticipate that Halliburton Company will post 2.64 earnings per share for the current fiscal year.

Halliburton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Wednesday, December 3rd were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Wednesday, December 3rd. Halliburton’s dividend payout ratio is currently 45.03%.

Institutional Investors Weigh In On Halliburton

Several large investors have recently modified their holdings of HAL. Vanguard Group Inc. grew its holdings in Halliburton by 1.6% during the second quarter. Vanguard Group Inc. now owns 105,363,599 shares of the oilfield services company’s stock valued at $2,147,310,000 after purchasing an additional 1,617,696 shares during the period. Capital Research Global Investors lifted its position in shares of Halliburton by 81.8% during the 3rd quarter. Capital Research Global Investors now owns 91,030,451 shares of the oilfield services company’s stock valued at $2,239,349,000 after buying an additional 40,969,139 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Halliburton by 1.2% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 30,287,989 shares of the oilfield services company’s stock worth $617,269,000 after acquiring an additional 346,218 shares during the period. Sanders Capital LLC increased its holdings in Halliburton by 9.4% in the 3rd quarter. Sanders Capital LLC now owns 26,004,682 shares of the oilfield services company’s stock worth $639,715,000 after acquiring an additional 2,238,983 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in Halliburton by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 22,342,963 shares of the oilfield services company’s stock worth $453,461,000 after acquiring an additional 92,549 shares during the last quarter. Hedge funds and other institutional investors own 85.23% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on HAL shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Halliburton in a research note on Monday, December 29th. Redburn Partners set a $35.00 price objective on Halliburton in a research note on Monday, November 3rd. UBS Group upped their target price on shares of Halliburton from $32.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, January 23rd. Capital One Financial raised their price target on shares of Halliburton from $25.00 to $35.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. upped their price objective on shares of Halliburton from $30.00 to $35.00 and gave the stock an “overweight” rating in a research report on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.57.

Halliburton News Summary

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 results topped expectations (EPS $0.69 vs. $0.55 consensus; revenue $5.66B vs. $5.39B), reinforcing the recovery narrative and giving analysts reason to raise targets. Read More.
• Positive Sentiment: Multiple analyst upgrades and higher price targets (examples cited include TD Cowen, Capital One, UBS and a separate $39 target) are supporting near‑term upside and investor sentiment. Read More.
• Positive Sentiment: Strategic R&D push — Halliburton and A*STAR launched Singapore’s S$35M NEX Lab to accelerate well‑completion tech and low‑carbon innovations, which may improve long‑term differentiation and service demand. Read More.
• Neutral Sentiment: Short‑term momentum: HAL gained roughly 4.2% over the past week, reflecting the earnings beat and upgrades, but past momentum is not a guarantee of continuation. Read More.
• Neutral Sentiment: Valuation/context pieces (comparisons to peers like CLB and notes on large institutional ownership) offer useful framing for longer‑term investors but are not immediate catalysts. Read More.
• Negative Sentiment: Material insider selling by senior executives could create near‑term selling pressure or signal management liquidity needs: CEO Jeffrey Miller reportedly sold 171,200 shares; EVP Van Beckwith sold 54,348 shares; Director Margaret K. Banks sold 2,600 shares. Investors watch large executive sales even when fundamentals are positive. Read More. Read More. Read More.
• Negative Sentiment: Short interest rose ~23.6% in January to ~32.5M shares (about 3.9% of shares outstanding; ~1.8 days to cover). That uptick reflects increased bearish positioning and can add downward pressure to the share price while also raising volatility risk.

About Halliburton

Halliburton is one of the world’s largest providers of products and services to the energy industry, offering a broad portfolio that supports the lifecycle of oil and gas reservoirs from exploration and drilling through production and abandonment. Founded in 1919 by Erle P. Halliburton as an oil-well cementing company, the firm is headquartered in Houston, Texas and has developed into an integrated oilfield services company serving upstream operators globally.

The company’s activities encompass drilling and evaluation, well construction and completion, production enhancement and well intervention.