Griffin Securities Expects Weaker Earnings for Halliburton

Key Points

• Griffin Securities has reduced its Q3 2025 earnings per share (EPS) estimate for Halliburton from $0.59 to $0.49, adjusting other future earnings estimates as well.
• Multiple analysts have lowered their price targets for Halliburton stock, with Citigroup decreasing its target from $33.00 to $31.00 while maintaining a "buy" rating.
• Halliburton declared a quarterly dividend of $0.17, resulting in an annualized dividend yield of 3.03%, with a current payout ratio of 31.78%.

Halliburton Company (NYSE:HAL - Free Report) - Stock analysts at Griffin Securities lowered their Q3 2025 earnings per share (EPS) estimates for Halliburton in a research note issued to investors on Thursday, July 24th. Griffin Securities analyst K. Simpson now anticipates that the oilfield services company will post earnings per share of $0.49 for the quarter, down from their prior estimate of $0.59. The consensus estimate for Halliburton's current full-year earnings is $2.64 per share. Griffin Securities also issued estimates for Halliburton's Q4 2025 earnings at $0.47 EPS, FY2025 earnings at $2.10 EPS, Q1 2026 earnings at $0.49 EPS, Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.52 EPS and Q4 2026 earnings at $0.60 EPS.

Other research analysts have also issued research reports about the company. Susquehanna decreased their target price on Halliburton from $30.00 to $27.00 and set a "positive" rating for the company in a research report on Wednesday. Citigroup reduced their target price on Halliburton from $33.00 to $31.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Wells Fargo & Company dropped their target price on Halliburton from $28.00 to $26.00 and set an "overweight" rating for the company in a research report on Wednesday. Royal Bank Of Canada dropped their target price on Halliburton from $28.00 to $24.00 and set a "sector perform" rating for the company in a research report on Wednesday. Finally, Stifel Nicolaus dropped their target price on Halliburton from $31.00 to $29.00 and set a "buy" rating for the company in a research report on Wednesday. Seven analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $31.61.

Halliburton Price Performance

Shares of HAL traded up $0.05 during midday trading on Friday, reaching $22.47. The stock had a trading volume of 15,727,914 shares, compared to its average volume of 14,436,213. Halliburton has a 12-month low of $18.72 and a 12-month high of $34.97. The company has a current ratio of 2.00, a quick ratio of 1.46 and a debt-to-equity ratio of 0.68. The company's 50-day moving average is $21.22 and its 200 day moving average is $23.21. The company has a market capitalization of $19.31 billion, a price-to-earnings ratio of 10.50, a price-to-earnings-growth ratio of 3.79 and a beta of 1.13.

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 the consensus estimate of $0.55. Halliburton had a return on equity of 21.45% and a net margin of 8.37%. The business had revenue of $5.51 billion during the quarter, compared to analysts' expectations of $5.43 billion. During the same period in the previous year, the business earned $0.80 earnings per share. The firm's revenue was down 5.5% on a year-over-year basis.

Halliburton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 25th. Investors of record on Wednesday, June 4th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend was Wednesday, June 4th. Halliburton's dividend payout ratio is presently 31.78%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Mascagni Wealth Management Inc. acquired a new stake in shares of Halliburton during the 4th quarter worth approximately $28,000. Stone House Investment Management LLC purchased a new stake in shares of Halliburton during the 1st quarter worth $30,000. Hexagon Capital Partners LLC lifted its position in Halliburton by 87.4% in the first quarter. Hexagon Capital Partners LLC now owns 1,407 shares of the oilfield services company's stock valued at $36,000 after acquiring an additional 656 shares during the last quarter. Vermillion Wealth Management Inc. purchased a new stake in Halliburton in the fourth quarter valued at $39,000. Finally, Zions Bancorporation National Association UT purchased a new stake in Halliburton in the first quarter valued at $37,000. 85.23% of the stock is owned by hedge funds and other institutional investors.

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.