Halliburton Q1 EPS Forecast Reduced by Capital One Financial

Key Points

• Capital One Financial has reduced its Q1 2026 EPS forecast for Halliburton from $0.45 to $0.44 per share, while the consensus estimate for the full-year earnings stands at $2.64 per share.
• Halliburton's latest earnings report showed a 5.5% decline in revenue year-over-year, despite reporting an EPS of $0.55 which matched analysts' expectations.
• Analysts have mixed opinions on Halliburton, with Goldman Sachs raising its price target to $25 and a majority rating the stock as a "Moderate Buy" with a consensus target price of $30.26.

Halliburton Company (NYSE:HAL - Free Report) - Research analysts at Capital One Financial dropped their Q1 2026 EPS estimates for shares of Halliburton in a report issued on Monday, October 20th. Capital One Financial analyst D. Becker now expects that the oilfield services company will post earnings per share of $0.44 for the quarter, down from their prior estimate of $0.45. The consensus estimate for Halliburton's current full-year earnings is $2.64 per share. Capital One Financial also issued estimates for Halliburton's Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.48 EPS, Q4 2026 earnings at $0.51 EPS, FY2026 earnings at $1.90 EPS, Q1 2027 earnings at $0.50 EPS, Q2 2027 earnings at $0.58 EPS and FY2027 earnings at $2.36 EPS.

Halliburton (NYSE:HAL - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The oilfield services company reported $0.55 EPS for the quarter, hitting analysts' consensus estimates of $0.55. Halliburton had a return on equity of 21.45% and a net margin of 8.37%.The company had revenue of $5.51 billion for the quarter, compared to the consensus estimate of $5.43 billion. During the same period in the previous year, the business earned $0.80 earnings per share. Halliburton's quarterly revenue was down 5.5% compared to the same quarter last year.

Several other analysts also recently issued reports on HAL. The Goldman Sachs Group upped their price target on shares of Halliburton from $23.00 to $25.00 and gave the company a "buy" rating in a report on Tuesday, October 7th. Weiss Ratings reissued a "hold (c-)" rating on shares of Halliburton in a research report on Wednesday, October 8th. Royal Bank Of Canada boosted their price target on Halliburton from $24.00 to $26.00 and gave the stock a "sector perform" rating in a report on Thursday, October 9th. Melius started coverage on Halliburton in a research report on Wednesday, August 20th. They set a "buy" rating and a $41.00 price objective for the company. Finally, Melius Research began coverage on shares of Halliburton in a report on Wednesday, August 20th. They issued a "buy" rating and a $41.00 target price on the stock. Fourteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Halliburton presently has a consensus rating of "Moderate Buy" and a consensus target price of $30.26.

Halliburton Price Performance

Halliburton stock opened at $22.63 on Tuesday. The company has a quick ratio of 1.47, a current ratio of 2.00 and a debt-to-equity ratio of 0.68. The firm's 50-day simple moving average is $22.68 and its 200 day simple moving average is $21.67. Halliburton has a 52 week low of $18.72 and a 52 week high of $32.57. The firm has a market capitalization of $19.30 billion, a PE ratio of 10.58 and a beta of 1.02.

Halliburton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 3rd were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Wednesday, September 3rd. Halliburton's dividend payout ratio (DPR) is 31.78%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HAL. GAMMA Investing LLC raised its holdings in shares of Halliburton by 33.6% in the 1st quarter. GAMMA Investing LLC now owns 11,619 shares of the oilfield services company's stock worth $295,000 after purchasing an additional 2,925 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in Halliburton by 33.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 159,533 shares of the oilfield services company's stock worth $4,047,000 after buying an additional 40,109 shares during the period. Kingswood Wealth Advisors LLC acquired a new stake in shares of Halliburton in the first quarter worth $286,000. State of Alaska Department of Revenue raised its stake in shares of Halliburton by 1.5% in the 1st quarter. State of Alaska Department of Revenue now owns 101,694 shares of the oilfield services company's stock valued at $2,579,000 after acquiring an additional 1,535 shares during the period. Finally, Intact Investment Management Inc. acquired a new position in shares of Halliburton during the 1st quarter valued at $68,000. Institutional investors and hedge funds own 85.23% of the company's stock.

Halliburton Company Profile

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.

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