Rep. Gilbert Ray Cisneros, Jr. Buys Halliburton Company (NYSE:HAL) Stock

Key Points

• Rep. Gilbert Ray Cisneros, Jr. purchased between $1,001 and $15,000 in Halliburton Company (NYSE:HAL) stock on August 5th, as disclosed in a filing made on September 12th.
• Halliburton's stock price rose by 2.9% to $22.42 during mid-day trading, with a market capitalization of $19.12 billion and a P/E ratio of 10.48.
• Halliburton declared a quarterly dividend of $0.17 per share, representing an annualized dividend of $0.68 and a yield of 3.0%.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Halliburton Company (NYSE:HAL). In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Halliburton stock on August 5th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 9/2/2025.
• Sold $1,001 - $15,000 in shares of Chart Industries NYSE: GTLS on 9/2/2025.
• Purchased $1,001 - $15,000 in shares of Avient NYSE: AVNT on 9/2/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 8/27/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of Intapp NASDAQ: INTA on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of APi Group NYSE: APG on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of Waters NYSE: WAT on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 8/26/2025.
• Sold $1,001 - $15,000 in shares of Fortive NYSE: FTV on 8/26/2025.

Halliburton Stock Up 2.9%

NYSE:HAL traded up $0.63 during mid-day trading on Tuesday, hitting $22.42. 12,889,566 shares of the company's stock traded hands, compared to its average volume of 13,385,280. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.47 and a current ratio of 2.00. The company has a market capitalization of $19.12 billion, a P/E ratio of 10.48 and a beta of 1.10. The company has a fifty day moving average of $21.87 and a 200 day moving average of $21.89. Halliburton Company has a twelve month low of $18.72 and a twelve month high of $32.57.

Halliburton (NYSE:HAL - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The oilfield services company reported $0.55 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.55. The firm had revenue of $5.51 billion for the quarter, compared to the consensus estimate of $5.43 billion. Halliburton had a net margin of 8.37% and a return on equity of 21.45%. The company's revenue for the quarter was down 5.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.80 earnings per share. On average, analysts forecast that Halliburton Company will post 2.64 EPS for the current year.

Halliburton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 3rd will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.0%. Halliburton's dividend payout ratio is presently 31.78%.

Institutional Investors Weigh In On Halliburton

Several large investors have recently added to or reduced their stakes in HAL. SBI Securities Co. Ltd. increased its position in Halliburton by 7.3% during the second quarter. SBI Securities Co. Ltd. now owns 7,374 shares of the oilfield services company's stock worth $150,000 after buying an additional 504 shares during the period. Cerro Pacific Wealth Advisors LLC lifted its holdings in shares of Halliburton by 4.3% in the second quarter. Cerro Pacific Wealth Advisors LLC now owns 13,590 shares of the oilfield services company's stock valued at $277,000 after purchasing an additional 559 shares in the last quarter. International Assets Investment Management LLC increased its position in Halliburton by 2.6% during the 2nd quarter. International Assets Investment Management LLC now owns 22,307 shares of the oilfield services company's stock worth $455,000 after purchasing an additional 566 shares in the last quarter. Mediolanum International Funds Ltd boosted its holdings in shares of Halliburton by 0.8% during the first quarter. Mediolanum International Funds Ltd now owns 72,381 shares of the oilfield services company's stock worth $1,815,000 after purchasing an additional 584 shares during the last quarter. Finally, Hills Bank & Trust Co increased its stake in shares of Halliburton by 1.6% during the 1st quarter. Hills Bank & Trust Co now owns 38,733 shares of the oilfield services company's stock valued at $983,000 after acquiring an additional 595 shares during the last quarter. 85.23% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on HAL shares. Royal Bank Of Canada dropped their price target on shares of Halliburton from $28.00 to $24.00 and set a "sector perform" rating on the stock in a research report on Wednesday, July 23rd. Wells Fargo & Company reduced their price target on Halliburton from $28.00 to $26.00 and set an "overweight" rating for the company in a report on Wednesday, July 23rd. UBS Group boosted their price objective on Halliburton from $20.00 to $21.00 and gave the company a "neutral" rating in a research report on Wednesday, August 20th. Stifel Nicolaus dropped their price target on shares of Halliburton from $31.00 to $29.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. Finally, Susquehanna decreased their price objective on shares of Halliburton from $30.00 to $27.00 and set a "positive" rating on the stock in a report on Wednesday, July 23rd. Fourteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $32.05.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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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