Halliburton (NYSE:HAL) Stock Price Expected to Rise, UBS Group Analyst Says

Key Points

• UBS raised its price target on Halliburton to $39 (from $35) while keeping a "neutral" rating, with the street consensus at a "Moderate Buy" and a $36.43 average target after several recent analyst target increases.
• Halliburton beat Q4 estimates, reporting $0.69 EPS versus $0.55 expected and $5.66B revenue versus $5.39B expected, while trading around $37.46 with a market cap near $31.3B.
• Company developments and risks: a strategic collaboration with PETRONAS Suriname and a proposed governance change could bolster long‑term pipeline and valuation, but sizable insider selling (~415,508 shares, $15.3M last quarter), analyst cautions about uneven upstream spending, and an expected double‑digit Q1 EPS decline pose near‑term downside risks.

Halliburton (NYSE:HAL - Get Free Report) had its target price upped by equities researchers at UBS Group from $35.00 to $39.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The brokerage currently has a "neutral" rating on the oilfield services company's stock. UBS Group's price target indicates a potential upside of 4.12% from the stock's previous close.

Several other equities analysts also recently issued reports on HAL. Jefferies Financial Group reaffirmed a "buy" rating and set a $39.00 price objective on shares of Halliburton in a report on Friday, February 6th. Stifel Nicolaus set a $36.00 price objective on shares of Halliburton in a research note on Thursday, January 22nd. Capital One Financial upped their price objective on shares of Halliburton from $25.00 to $35.00 and gave the company an "overweight" rating in a research note on Wednesday, January 21st. Rothschild & Co Redburn raised their target price on Halliburton from $35.00 to $40.00 and gave the stock a "buy" rating in a research note on Wednesday, February 18th. Finally, BMO Capital Markets lifted their price target on shares of Halliburton from $39.00 to $42.00 and gave the company a "market perform" rating in a research report on Wednesday, March 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Halliburton currently has a consensus rating of "Moderate Buy" and a consensus target price of $36.43.

Halliburton Stock Performance

HAL traded down $1.26 during midday trading on Tuesday, hitting $37.46. 1,821,622 shares of the company were exchanged, compared to its average volume of 15,681,564. The company's 50 day simple moving average is $35.67 and its 200 day simple moving average is $30.35. The firm has a market capitalization of $31.28 billion, a price-to-earnings ratio of 24.81, a price-to-earnings-growth ratio of 2.33 and a beta of 0.68. The company has a current ratio of 2.04, a quick ratio of 1.51 and a debt-to-equity ratio of 0.68. Halliburton has a 1-year low of $18.75 and a 1-year high of $41.18.

Halliburton (NYSE:HAL - Get Free Report) last posted its earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share 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 analyst estimates of $5.39 billion. Halliburton had a net margin of 5.78% and a return on equity of 19.77%. The business's quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.73 EPS. As a group, sell-side analysts predict that Halliburton will post 2.64 earnings per share for the current year.

Insider Activity at Halliburton

In other news, VP Timothy Mckeon sold 3,846 shares of the firm's stock in a transaction on Friday, March 6th. The shares were sold at an average price of $34.37, for a total value of $132,187.02. Following the sale, the vice president directly owned 81,631 shares in the company, valued at approximately $2,805,657.47. This trade represents a 4.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Van H. Beckwith sold 19,618 shares of the firm's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $33.82, for a total transaction of $663,480.76. Following the completion of the sale, the executive vice president owned 344,535 shares in the company, valued at $11,652,173.70. The trade was a 5.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 415,508 shares of company stock worth $15,291,882 over the last quarter. 0.61% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Halliburton

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

Halliburton News Summary

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Susquehanna raised its price target on HAL to $45 and kept a "positive" rating, implying meaningful upside from current levels and lending momentum to the stock. Susquehanna adjusts price target on Halliburton
• Positive Sentiment: Halliburton signed a strategic collaboration agreement with PETRONAS Suriname and Valaris to align planning through execution on Suriname offshore assets — this expands Halliburton’s offshore project pipeline and could boost long‑term revenue and margins if projects advance. Halliburton Strengthens Global Footprint With Strategic Alliance
• Positive Sentiment: Management is pursuing a charter amendment to remove a pass‑through voting provision for HESI, a governance change framed as increasing operational flexibility and possible valuation upside. Investors often reward clearer corporate control and deal agility. Halliburton Charter Vote Tests Governance Control And Valuation Upside
• Neutral Sentiment: Energy sector momentum remains a backdrop: many oil & gas stocks are outperforming amid geopolitical supply concerns, which supports investor appetite for HAL as an oilfield services play. This is a sector tailwind but not specific company revenue confirmation. Oil Stocks Are Hot. Here Are 9 Worth Getting To Know.
• Neutral Sentiment: Market snapshots showed energy stocks leaning lower at times last week, signaling intraday/short‑term volatility that could affect HAL despite company‑specific positives. Sector Update: Energy Stocks Lean Lower Pre-Bell
• Negative Sentiment: Analysts caution not all oil‑services companies benefit equally from the Middle East conflict; JPMorgan warns uneven upstream spending patterns could leave some service providers exposed, a risk for HAL if certain end‑markets soften. Not all oil stocks will benefit from Middle East conflict, JPMorgan says
• Negative Sentiment: Upcoming Q1 results carry risk: previews note analysts expect a double‑digit EPS decline for the quarter, so near‑term beat/miss outcomes can swing the stock. Investors should watch the report and guidance for evidence the new collaborations convert to revenue. Halliburton Earnings Preview: What to Expect

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.

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.