Q1 EPS Estimates for Halliburton Cut by Griffin Securities

Key Points

• Griffin Securities reduced their Q1 2026 earnings per share (EPS) estimate for Halliburton to $0.48, down from $0.49, amidst a forecast of overall full-year earnings of $2.64 per share.
• Shares of Halliburton are currently trading at $21.82, showing a decline of 2.5%, and the company has a market capitalization of $18.60 billion.
• The quarterly dividend paid recently was $0.17, indicating an annualized dividend yield of 3.1%, with a payout ratio of 31.78%.

Halliburton Company (NYSE:HAL - Free Report) - Research analysts at Griffin Securities dropped their Q1 2026 earnings per share (EPS) estimates for Halliburton in a report issued on Wednesday, October 15th. Griffin Securities analyst K. Simpson now anticipates that the oilfield services company will post earnings per share of $0.48 for the quarter, down from their previous forecast of $0.49. The consensus estimate for Halliburton's current full-year earnings is $2.64 per share. Griffin Securities also issued estimates for Halliburton's Q2 2026 earnings at $0.47 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.55 EPS and FY2026 earnings at $2.00 EPS.

Halliburton (NYSE:HAL - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The oilfield services company reported $0.55 earnings per share (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 firm had revenue of $5.51 billion for the quarter, compared to analyst estimates of $5.43 billion. During the same quarter in the prior year, the company earned $0.80 EPS. Halliburton's revenue was down 5.5% on a year-over-year basis.

HAL has been the subject of a number of other research reports. UBS Group lifted their price objective on shares of Halliburton from $21.00 to $23.00 and gave the company a "neutral" rating in a report on Monday, October 6th. Piper Sandler cut shares of Halliburton from an "overweight" rating to a "neutral" rating and set a $25.00 price target for the company. in a research report on Monday, July 28th. Wells Fargo & Company dropped their price target on shares of Halliburton from $28.00 to $26.00 and set an "overweight" rating for the company in a research note on Wednesday, July 23rd. The Goldman Sachs Group upped their price objective on Halliburton from $23.00 to $25.00 and gave the stock a "buy" rating in a research report on Tuesday, October 7th. Finally, Melius started coverage on Halliburton in a report on Wednesday, August 20th. They issued a "buy" rating and a $41.00 target price for the company. Thirteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $30.61.

Halliburton Stock Down 2.5%

Shares of NYSE:HAL opened at $21.82 on Friday. The firm has a market capitalization of $18.60 billion, a PE ratio of 10.20 and a beta of 1.02. Halliburton has a 1 year low of $18.72 and a 1 year high of $32.57. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.00 and a quick ratio of 1.47. The firm's 50-day moving average is $22.61 and its two-hundred day moving average is $21.71.

Hedge Funds Weigh In On Halliburton

A number of institutional investors and hedge funds have recently modified their holdings of HAL. Vanguard Group Inc. lifted its holdings in Halliburton by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 105,363,599 shares of the oilfield services company's stock worth $2,147,310,000 after buying an additional 1,617,696 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Halliburton by 1.2% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 30,287,989 shares of the oilfield services company's stock worth $617,269,000 after acquiring an additional 346,218 shares in the last quarter. Geode Capital Management LLC lifted its stake in Halliburton by 0.4% during the second quarter. Geode Capital Management LLC now owns 22,342,963 shares of the oilfield services company's stock worth $453,461,000 after purchasing an additional 92,549 shares during the last quarter. Invesco Ltd. lifted its stake in Halliburton by 10.1% during the second quarter. Invesco Ltd. now owns 11,903,833 shares of the oilfield services company's stock worth $242,600,000 after purchasing an additional 1,089,928 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its holdings in Halliburton by 23.1% in the third quarter. Pacer Advisors Inc. now owns 10,154,605 shares of the oilfield services company's stock valued at $249,803,000 after purchasing an additional 1,906,724 shares in the last quarter. Institutional investors and hedge funds own 85.23% of the company's stock.

Halliburton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders 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 3.1%. The ex-dividend date was Wednesday, September 3rd. Halliburton's dividend payout ratio (DPR) is presently 31.78%.

About Halliburton

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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