Annex Advisory Services LLC Makes New $3.18 Million Investment in Halliburton Company $HAL

Key Points

• Annex Advisory Services LLC bought a new position of 112,574 shares in Halliburton (NYSE:HAL) valued at approximately $3.18 million in Q4 per its 13F filing, while institutional investors own about 85.23% of the company.
• Halliburton secured an exclusive, multi‑year multibillion‑dollar contract with YPF to deploy its ZEUS electric fracturing and OCTIV Auto Frac services in Argentina’s Vaca Muerta, marking the first international use of these technologies and boosting backlog and technology leadership.
• Despite analyst price‑target upgrades, consensus previews point to an expected Q1 earnings decline and recent insider selling plus a session sell‑off, indicating potential near‑term volatility even as the longer‑term thesis improves.

Annex Advisory Services LLC purchased a new position in shares of Halliburton Company (NYSE:HAL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 112,574 shares of the oilfield services company's stock, valued at approximately $3,181,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Code Waechter LLC bought a new position in Halliburton during the 4th quarter worth approximately $228,000. Farther Finance Advisors LLC increased its stake in shares of Halliburton by 81.7% in the 4th quarter. Farther Finance Advisors LLC now owns 14,129 shares of the oilfield services company's stock valued at $399,000 after acquiring an additional 6,351 shares in the last quarter. Bridgewater Advisors Inc. bought a new stake in shares of Halliburton in the 4th quarter valued at $203,000. Sage Mountain Advisors LLC increased its stake in shares of Halliburton by 9.3% in the 4th quarter. Sage Mountain Advisors LLC now owns 13,979 shares of the oilfield services company's stock valued at $395,000 after acquiring an additional 1,185 shares in the last quarter. Finally, Guidance Capital Inc. increased its stake in shares of Halliburton by 2.2% in the 4th quarter. Guidance Capital Inc. now owns 23,191 shares of the oilfield services company's stock valued at $655,000 after acquiring an additional 493 shares in the last quarter. Institutional investors own 85.23% of the company's stock.

Halliburton News Summary

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Halliburton won an exclusive, multi‑year multibillion‑dollar contract from YPF to provide bundled completions and deploy its ZEUS electric fracturing and OCTIV Auto Frac services in Argentina’s Vaca Muerta — a clear revenue backlog and technology‑leadership positive for mid/long‑term growth. Halliburton Lands Strategic Vaca Muerta Contract With YPF
• Positive Sentiment: The deal includes the first international deployment of HAL’s ZEUS electric fracturing and OCTIV Auto Frac digital services, highlighting electrification, automation and emissions‑intensity improvements that can lower operating costs and make HAL more competitive on large unconventional programs. How Halliburton’s Vaca Muerta Electric Fracturing Deal with YPF Will Impact Halliburton (HAL) Investors
• Positive Sentiment: Analyst bullishness has increased — RBC lifted its price target to $43 (maintaining an outperform view) and Susquehanna raised its target to $45 — signaling conviction that backlog, technology and margin leverage justify higher valuation. RBC raises price target on Halliburton to $43 from $38
• Neutral Sentiment: Consensus previews point to an expected Q1 earnings decline, which raises the risk of a near‑term miss even as backlog improves — this is likely a key driver of short‑term volatility rather than long‑term thesis change. Earnings Preview: Halliburton (HAL) Q1 Earnings Expected to Decline
• Negative Sentiment: Shares sold off during the session amid the mixed news flow and earnings concerns — short‑term weakness appears driven by near‑term outlook and profit‑taking despite the sizable contract win. Halliburton (HAL) Stock Sinks As Market Gains: Here's Why

Halliburton Price Performance

HAL opened at $37.56 on Thursday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.04 and a quick ratio of 1.51. The company has a market capitalization of $31.36 billion, a price-to-earnings ratio of 24.87, a P/E/G ratio of 1.65 and a beta of 0.68. The firm's fifty day moving average price is $36.17 and its two-hundred day moving average price is $30.88. Halliburton Company has a 1 year low of $19.22 and a 1 year high of $41.18.

Halliburton (NYSE:HAL - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.39 billion. Halliburton had a net margin of 5.78% and a return on equity of 19.77%. The business's revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 EPS. As a group, analysts anticipate that Halliburton Company will post 2.64 earnings per share for the current fiscal year.

Halliburton Announces Dividend

The company also recently disclosed 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. This represents a $0.68 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, March 4th. Halliburton's payout ratio is currently 45.03%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Citigroup lifted their price objective on shares of Halliburton from $38.00 to $45.00 and gave the company a "buy" rating in a research note on Wednesday. Rothschild & Co Redburn lifted their price objective on shares of Halliburton from $35.00 to $40.00 and gave the company a "buy" rating in a research note on Wednesday, February 18th. TD Cowen lifted 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. UBS Group lifted their price objective on shares of Halliburton from $35.00 to $39.00 and gave the company a "neutral" rating in a research note on Tuesday, April 7th. Finally, Royal Bank Of Canada lifted their price target on shares of Halliburton from $38.00 to $43.00 and gave the company an "outperform" rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $37.81.

Insider Activity

In other Halliburton news, COO Jeffrey Shannon Slocum sold 5,441 shares of Halliburton stock in a transaction on Monday, March 16th. The shares were sold at an average price of $33.82, for a total transaction of $184,014.62. Following the transaction, the chief operating officer directly owned 187,423 shares of the company's stock, valued at $6,338,645.86. The trade was a 2.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Van H. Beckwith sold 54,348 shares of Halliburton stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $34.96, for a total transaction of $1,900,006.08. Following the transaction, the executive vice president directly owned 344,535 shares in the company, valued at $12,044,943.60. This represents a 13.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 415,508 shares of company stock worth $15,291,882. Company insiders own 0.57% of the company's stock.

Halliburton Profile

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.

Want to see what other hedge funds are holding HAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Halliburton Company (NYSE:HAL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.