Griffin Securities Cuts Earnings Estimates for Halliburton

Halliburton (NYSE:HAL - Free Report) - Equities research analysts at Griffin Securities cut their Q2 2025 earnings per share estimates for shares of Halliburton in a report released on Sunday, April 27th. Griffin Securities analyst K. Simpson now anticipates that the oilfield services company will earn $0.56 per share for the quarter, down from their prior estimate of $0.60. The consensus estimate for Halliburton's current full-year earnings is $2.64 per share. Griffin Securities also issued estimates for Halliburton's Q3 2025 earnings at $0.59 EPS, Q4 2025 earnings at $0.59 EPS, FY2025 earnings at $2.35 EPS, Q1 2026 earnings at $0.57 EPS, Q2 2026 earnings at $0.58 EPS, Q3 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.67 EPS and FY2026 earnings at $2.45 EPS.

Halliburton (NYSE:HAL - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The oilfield services company reported $0.60 earnings per share for the quarter, hitting analysts' consensus estimates of $0.60. Halliburton had a return on equity of 26.03% and a net margin of 10.90%. The business had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $5.28 billion.

A number of other research analysts also recently weighed in on the company. Barclays dropped their price target on Halliburton from $29.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 23rd. UBS Group decreased their price objective on Halliburton from $23.00 to $22.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. Raymond James lowered Halliburton from a "strong-buy" rating to a "market perform" rating in a report on Monday, January 6th. Jefferies Financial Group decreased their price objective on Halliburton from $43.00 to $41.00 and set a "buy" rating for the company in a report on Friday, January 3rd. Finally, JPMorgan Chase & Co. reduced their target price on Halliburton from $35.00 to $33.00 and set an "overweight" rating for the company in a report on Thursday, January 2nd. Eight equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $34.68.

Halliburton Stock Up 0.4 %

HAL stock traded up $0.09 during trading on Tuesday, reaching $19.91. 20,488,383 shares of the stock were exchanged, compared to its average volume of 10,061,398. The firm's 50 day moving average is $23.36 and its 200 day moving average is $26.59. Halliburton has a twelve month low of $18.72 and a twelve month high of $38.35. The company has a current ratio of 2.05, a quick ratio of 1.54 and a debt-to-equity ratio of 0.68. The firm has a market cap of $17.16 billion, a P/E ratio of 7.03, a price-to-earnings-growth ratio of 3.79 and a beta of 1.45.

Halliburton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 5th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date was Wednesday, March 5th. Halliburton's dividend payout ratio is currently 28.45%.

Insider Activity at Halliburton

In other news, Director Margaret Katherine Banks sold 3,900 shares of the business's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $24.04, for a total transaction of $93,756.00. Following the completion of the transaction, the director now owns 10,551 shares of the company's stock, valued at approximately $253,646.04. The trade was a 26.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Eric Carre sold 51,179 shares of the business's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $25.00, for a total value of $1,279,475.00. Following the transaction, the chief financial officer now directly owns 127,101 shares of the company's stock, valued at $3,177,525. The trade was a 28.71 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 206,782 shares of company stock worth $5,321,170. Company insiders own 0.61% of the company's stock.

Institutional Trading of Halliburton

Several hedge funds and other institutional investors have recently bought and sold shares of the company. MQS Management LLC purchased a new stake in Halliburton in the first quarter worth approximately $846,000. CWM LLC lifted its position in Halliburton by 137.5% in the first quarter. CWM LLC now owns 83,929 shares of the oilfield services company's stock valued at $2,129,000 after purchasing an additional 48,592 shares during the last quarter. New York State Common Retirement Fund raised its holdings in shares of Halliburton by 2.0% during the first quarter. New York State Common Retirement Fund now owns 1,404,541 shares of the oilfield services company's stock valued at $35,633,000 after acquiring an additional 27,280 shares in the last quarter. Ballentine Partners LLC lifted its position in Halliburton by 7.9% during the first quarter. Ballentine Partners LLC now owns 20,694 shares of the oilfield services company's stock valued at $525,000 after buying an additional 1,523 shares during the period. Finally, Xponance Inc. grew its position in shares of Halliburton by 1.7% in the 1st quarter. Xponance Inc. now owns 122,109 shares of the oilfield services company's stock worth $3,098,000 after buying an additional 2,066 shares during the period. Hedge funds and other institutional investors 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.