PFA Pension Forsikringsaktieselskab Takes Position in Halliburton Company $HAL

Key Points

• PFA Pension bought a new position of 3,410,943 shares in Halliburton worth about $97.18 million, representing roughly 0.41% of the company at quarter‑end.
• Analysts are broadly positive — 17 Buys, 6 Holds, 1 Sell — giving Halliburton a consensus rating of "Moderate Buy" and a consensus price target of $41.09, with several firms recently raising targets.
• Halliburton slightly beat the quarter with $0.55 EPS vs. $0.50 expected and $5.40B revenue (down marginally year‑over‑year), pays a quarterly dividend of $0.17, but notable insider selling (including the CEO) could weigh on sentiment.

PFA Pension Forsikringsaktieselskab acquired a new stake in Halliburton Company (NYSE:HAL - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,410,943 shares of the oilfield services company's stock, valued at approximately $97,178,000. PFA Pension Forsikringsaktieselskab owned 0.41% of Halliburton at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of HAL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Halliburton by 7.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,754 shares of the oilfield services company's stock valued at $2,353,000 after acquiring an additional 6,507 shares during the period. Woodline Partners LP boosted its position in shares of Halliburton by 39.0% in the first quarter. Woodline Partners LP now owns 73,341 shares of the oilfield services company's stock valued at $1,861,000 after acquiring an additional 20,583 shares during the period. Focus Partners Wealth boosted its position in shares of Halliburton by 25.0% in the first quarter. Focus Partners Wealth now owns 52,045 shares of the oilfield services company's stock valued at $1,320,000 after acquiring an additional 10,408 shares during the period. Intech Investment Management LLC boosted its position in shares of Halliburton by 309.1% in the first quarter. Intech Investment Management LLC now owns 68,946 shares of the oilfield services company's stock valued at $1,749,000 after acquiring an additional 52,092 shares during the period. Finally, Acadian Asset Management LLC bought a new stake in shares of Halliburton in the first quarter valued at approximately $895,000. 85.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HAL. Stifel Nicolaus reissued a "buy" rating and issued a $43.00 price objective (up from $36.00) on shares of Halliburton in a research report on Wednesday, April 22nd. Barclays increased their price objective on Halliburton from $29.00 to $37.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 22nd. Evercore raised Halliburton from an "in-line" rating to an "outperform" rating and set a $42.00 price objective for the company in a research report on Friday, March 20th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Halliburton in a research report on Friday, April 10th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and issued a $47.00 target price on shares of Halliburton in a research report on Sunday, April 26th. Seventeen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Halliburton has an average rating of "Moderate Buy" and a consensus price target of $41.09.

Key Halliburton News

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Macro demand outlook — Oil‑service firms are positioning for a boom as global oil investment and producer activity pick up, which should lift equipment and services demand for Halliburton. Swashbuckling oil-services firms are preparing for a boom
• Positive Sentiment: Customer pull — Halliburton executives say smaller operators are "vacuuming up" idle equipment, implying increased utilization and potential revenue pickup for service providers. Halliburton executives: Smaller operators vacuuming up equipment slack
• Positive Sentiment: Analyst/TV support — Media and commentators (including Jim Cramer) are publicly positive on HAL as a cyclical play that has held up, which can support short‑term demand for the stock. Jim Cramer on Halliburton: “It’s Been a Good Stock Even in a Bad Oil Market”
• Neutral Sentiment: Recent results mixed — Last quarter HAL narrowly beat EPS and revenue estimates but showed modest year‑over‑year revenue decline; beats help sentiment but leave limited upside without stronger growth. MarketBeat HAL profile / recent earnings
• Neutral Sentiment: Energy-market divergence — Global gas tightness versus a US glut creates uneven activity across regions and basins; this mixed market backdrop could mute uniform upside for service companies. While Asia and Europe scramble for natural gas, the US glut has nowhere to go
• Negative Sentiment: Insider selling — VP Timothy McKeon sold 8,655 shares (under a Rule 10b5‑1 plan, which lowers interpretive weight), and director Tobi M. Young sold 6,125 shares (a ~28.7% cut to her holdings). Insider sales can sap sentiment even if some are pre‑arranged. McKeon Form 4 Young Form 4
• Negative Sentiment: Valuation/caution — Commentary that the recent rally "leaves little room for error" and other cautionary takes increase downside risk if growth disappoints or macro conditions shift. Halliburton: Recent Rally Leaves Little Room For Error

Halliburton Stock Down 1.4%

Shares of NYSE HAL opened at $41.69 on Friday. The stock has a market cap of $34.83 billion, a PE ratio of 22.91, a PEG ratio of 1.86 and a beta of 0.73. The business has a fifty day moving average of $37.28 and a two-hundred day moving average of $32.00. Halliburton Company has a 52-week low of $19.22 and a 52-week high of $42.46. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.54 and a current ratio of 2.08.

Halliburton (NYSE:HAL - Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The oilfield services company reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $0.05. Halliburton had a return on equity of 19.04% and a net margin of 6.95%.The business had revenue of $5.40 billion during the quarter, compared to analysts' expectations of $5.37 billion. During the same period in the previous year, the business posted $0.60 earnings per share. The firm's revenue for the quarter was down .3% compared to the same quarter last year. As a group, equities research analysts expect that Halliburton Company will post 2.31 earnings per share for the current fiscal year.

Halliburton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Wednesday, March 4th. Halliburton's dividend payout ratio (DPR) is presently 37.36%.

Insider Transactions at Halliburton

In other news, EVP Van H. Beckwith sold 19,618 shares of the business's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $33.82, for a total transaction of $663,480.76. Following the completion of the transaction, the executive vice president directly owned 344,535 shares in the company, valued at approximately $11,652,173.70. The trade was a 5.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jeffrey Allen Miller sold 158,455 shares of the business's stock in a transaction dated Friday, March 27th. The stock was sold at an average price of $40.00, for a total value of $6,338,200.00. Following the transaction, the chief executive officer owned 1,013,027 shares of the company's stock, valued at $40,521,080. The trade was a 13.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 202,140 shares of company stock valued at $7,936,927. 0.57% of the stock is currently owned by insiders.

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.

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