Jeffrey Allen Miller Sells 158,455 Shares of Halliburton (NYSE:HAL) Stock

Halliburton Company (NYSE:HAL) CEO Jeffrey Allen Miller sold 158,455 shares of the stock in a transaction dated Friday, March 27th. The shares were sold at an average price of $40.00, for a total value of $6,338,200.00. Following the completion of the transaction, the chief executive officer owned 1,013,027 shares of the company’s stock, valued at $40,521,080. This represents a 13.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Jeffrey Allen Miller also recently made the following trade(s):

• On Friday, January 23rd, Jeffrey Allen Miller sold 171,200 shares of Halliburton stock. The stock was sold at an average price of $34.96, for a total value of $5,985,152.00.

Halliburton Trading Up 1.7%

NYSE HAL traded up $0.66 during trading hours on Thursday, reaching $38.66. The company’s stock had a trading volume of 3,251,153 shares, compared to its average volume of 15,809,036. The firm has a fifty day simple moving average of $35.33 and a 200-day simple moving average of $29.85. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.04 and a quick ratio of 1.51. Halliburton Company has a 52 week low of $18.72 and a 52 week high of $41.18. The stock has a market cap of $32.38 billion, a P/E ratio of 25.67, a P/E/G ratio of 2.38 and a beta of 0.73.

Halliburton (NYSE:HAL) last announced its quarterly earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.14. The firm had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.39 billion. Halliburton had a net margin of 5.78% and a return on equity of 19.77%. The company’s revenue was up .8% on a year-over-year basis. During the same period in the prior year, the company posted $0.73 EPS. Equities analysts forecast that Halliburton Company will post 2.64 earnings per share for the current fiscal year.

Halliburton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $0.68 annualized dividend and a yield of 1.8%. Halliburton’s payout ratio is presently 45.03%.

Hedge Funds Weigh In On Halliburton

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vermillion Wealth Management Inc. increased its stake in shares of Halliburton by 24.8% in the 4th quarter. Vermillion Wealth Management Inc. now owns 1,456 shares of the oilfield services company’s stock valued at $41,000 after acquiring an additional 289 shares in the last quarter. Coldstream Capital Management Inc. boosted its stake in Halliburton by 1.5% during the fourth quarter. Coldstream Capital Management Inc. now owns 23,312 shares of the oilfield services company’s stock worth $659,000 after acquiring an additional 349 shares in the last quarter. Harbour Investments Inc. grew its holdings in Halliburton by 7.3% in the fourth quarter. Harbour Investments Inc. now owns 5,320 shares of the oilfield services company’s stock worth $150,000 after purchasing an additional 361 shares during the period. Kingsview Wealth Management LLC increased its stake in Halliburton by 3.7% in the fourth quarter. Kingsview Wealth Management LLC now owns 10,363 shares of the oilfield services company’s stock valued at $293,000 after purchasing an additional 365 shares in the last quarter. Finally, Clearstead Trust LLC raised its holdings in shares of Halliburton by 7.4% during the third quarter. Clearstead Trust LLC now owns 5,370 shares of the oilfield services company’s stock valued at $132,000 after purchasing an additional 370 shares during the period. 85.23% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

HAL has been the subject of a number of analyst reports. BMO Capital Markets raised their price objective on Halliburton from $39.00 to $42.00 and gave the stock a “market perform” rating in a research report on Wednesday, March 25th. Weiss Ratings reissued a “hold (c-)” rating on shares of Halliburton in a research report on Monday, December 29th. Rothschild & Co Redburn boosted their price target on shares of Halliburton from $35.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. TD Cowen upped their price objective on shares of Halliburton from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Finally, Wall Street Zen cut shares of Halliburton from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 28th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $36.05.

More Halliburton News

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Halliburton bought Sekal AS to expand its drilling automation capabilities, integrating Sekal’s DrillTronics with Halliburton’s LOGIX platform — a move that can strengthen margins, improve well construction efficiency and deepen HAL’s digital services offering. Halliburton Buys Sekal As Investors Weigh Automation And Valuation Upside
• Positive Sentiment: Multiple trade press reports frame the Sekal deal as a deliberate push to “turbocharge” drilling automation and safety, reinforcing Halliburton’s product differentiation in a competitive oilfield services market. Halliburton Buys Sekal To Turbocharge Drilling Automation
• Neutral Sentiment: Coverage noting Halliburton’s role in oilfield lifecycle and index/fund positioning highlights steady institutional exposure but is unlikely to drive immediate price moves. Halliburton Anchors Oilfield Lifecycle Services In S&P 500 Fund
• Neutral Sentiment: Analyst and comparison pieces contrast HAL with peers and review fundamentals; these contextual pieces inform medium-term sentiment but don’t present new, market-moving data. Halliburton (HAL) vs. Its Competitors Financial Contrast
• Negative Sentiment: The stock slid after the Sekal announcement, with traders signaling concern over near-term costs, integration risk and whether the deal justifies current valuation after a run toward 12‑month highs. Short‑term selling pressure followed the headlines. Halliburton (HAL) Stock Slides as Market Rises
• Negative Sentiment: Short reports and market summaries explicitly link today’s downward move to the Sekal purchase and investor questions about deal pricing and timing. Halliburton Down After Buying Sekal from Sumitomo

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.