Robeco Institutional Asset Management B.V. Increases Stock Position in Halliburton Company $HAL

Key Points

• Robeco Institutional Asset Management B.V. increased its Halliburton stake by 10.3% in Q4 to 1,068,409 shares (about $30.2M), while hedge funds and other institutional investors now own roughly 85% of the stock.
• Halliburton beat Q4 expectations with $0.69 EPS (vs. $0.55) and $5.66B revenue, and recent positive catalysts — including a multibillion‑dollar YPF contract in Argentina and several analyst price‑target upgrades — support a "Moderate Buy" consensus (average target ~$36.71).

Robeco Institutional Asset Management B.V. increased its position in shares of Halliburton Company (NYSE:HAL - Free Report) by 10.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,068,409 shares of the oilfield services company's stock after buying an additional 99,496 shares during the period. Robeco Institutional Asset Management B.V. owned 0.13% of Halliburton worth $30,193,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in HAL. Capital Research Global Investors boosted its holdings in Halliburton by 81.8% during the third quarter. Capital Research Global Investors now owns 91,030,451 shares of the oilfield services company's stock worth $2,239,349,000 after buying an additional 40,969,139 shares in the last quarter. Strive Asset Management LLC purchased a new stake in Halliburton during the third quarter worth $418,738,000. Holocene Advisors LP purchased a new stake in Halliburton during the third quarter worth $147,315,000. AQR Capital Management LLC boosted its holdings in Halliburton by 85.5% during the second quarter. AQR Capital Management LLC now owns 8,610,870 shares of the oilfield services company's stock worth $175,490,000 after buying an additional 3,969,759 shares in the last quarter. Finally, Caisse de depot et placement du Quebec boosted its holdings in Halliburton by 163.8% during the third quarter. Caisse de depot et placement du Quebec now owns 4,992,111 shares of the oilfield services company's stock worth $122,806,000 after buying an additional 3,100,037 shares in the last quarter. 85.23% of the stock is owned by hedge funds and other institutional investors.

Halliburton Price Performance

Shares of NYSE HAL opened at $38.51 on Tuesday. The firm has a 50-day simple moving average of $36.04 and a 200-day simple moving average of $30.75. The stock has a market capitalization of $32.16 billion, a price-to-earnings ratio of 25.50, a price-to-earnings-growth ratio of 2.30 and a beta of 0.68. The company has a quick ratio of 1.51, a current ratio of 2.04 and a debt-to-equity ratio of 0.68. Halliburton Company has a 52 week low of $19.22 and a 52 week high of $41.18.

Halliburton (NYSE:HAL - Get Free Report) last issued its earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.14. The business 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 quarterly revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.73 earnings per share. On average, equities analysts predict 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, March 25th. Stockholders of record on Wednesday, March 4th were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Wednesday, March 4th. Halliburton's dividend payout ratio is 45.03%.

Insiders Place Their Bets

In other news, EVP Van H. Beckwith sold 19,618 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $33.82, for a total value of $663,480.76. Following the completion of the sale, the executive vice president directly owned 344,535 shares in the company, valued at $11,652,173.70. This represents a 5.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Timothy Mckeon sold 3,846 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $34.37, for a total transaction of $132,187.02. Following the completion of the sale, the vice president owned 81,631 shares of the company's stock, valued at $2,805,657.47. This trade represents a 4.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 415,508 shares of company stock valued at $15,291,882. Corporate insiders own 0.57% of the company's stock.

Trending Headlines about Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Major contract — Halliburton won a multibillion‑dollar, long‑term, exclusive bundled unconventional completions contract from YPF to develop Vaca Muerta, increasing its South American footprint, expected backlog and recurring service revenue. YPF Awards Halliburton Multibillion-dollar Long-term Unconventional Completions Contract in Argentina
• Positive Sentiment: Analyst upgrade — Susquehanna’s Charles Minervino raised his price target on HAL from $40 to $45 and kept a Positive rating, signaling higher analyst conviction and providing support for more inflows from institutional investors. Susquehanna Raises Price Target on Halliburton (HAL)
• Neutral Sentiment: Industry/peer coverage — Recent writeups comparing Halliburton with competitors provide context on market share and cost structure but contain no new company-level catalysts; useful for relative valuation checks. Reviewing Halliburton (HAL) and Its Competitors
• Neutral Sentiment: Peer analysis — A comparative piece pairing Halliburton with Western Energy Services offers detail on service mix differences; noteworthy for long-term competitive positioning but not an immediate catalyst. Analyzing Western Energy Services OTCMKTS: WEEEF and Halliburton NYSE: HAL
• Neutral Sentiment: Smaller rival moves — C3 Oilfield Services named industry veteran Trey Clark CEO; could modestly affect competitive dynamics in North America but is not a direct hit to HAL’s large-scale international contracts. C3 Oilfield Services Adds Industry Veteran Trey Clark as Chief Executive Officer

Analyst Ratings Changes

A number of brokerages recently issued reports on HAL. Rothschild & Co Redburn increased their price target on shares of Halliburton from $35.00 to $40.00 and gave the stock a "buy" rating in a report on Wednesday, February 18th. Susquehanna upped their price objective on shares of Halliburton from $40.00 to $45.00 and gave the stock a "positive" rating in a research report on Tuesday, April 7th. Morgan Stanley restated an "overweight" rating and set a $35.00 price objective on shares of Halliburton in a research report on Wednesday, January 21st. UBS Group upped their price objective on shares of Halliburton from $35.00 to $39.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 7th. Finally, TD Cowen upped their price objective on shares of Halliburton from $39.00 to $40.00 and gave the stock a "buy" rating in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Halliburton presently has a consensus rating of "Moderate Buy" and an average target price of $36.71.

Halliburton Company 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.

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