Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Halliburton Company (NYSE:HAL)

Key Points

• Representative Gilbert Ray Cisneros, Jr. purchased between $1,001 and $15,000 in shares of Halliburton Company (NYSE:HAL) on September 5th, as disclosed in a filing on October 10th.
• Halliburton's stock is currently trading at $22.43, down 0.3% during a recent trading session, with a market capitalization of $19.13 billion.
• The company reported earnings of $0.55 per share for the last quarter, matching consensus estimates, while quarterly revenue decreased by 5.5% compared to the previous year.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Halliburton Company (NYSE:HAL). In a filing disclosed on October 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Halliburton stock on September 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 StandardAero NYSE: SARO on 10/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 10/1/2025.
• Purchased $1,001 - $15,000 in shares of Waters NYSE: WAT on 9/30/2025.
• Sold $15,001 - $50,000 in shares of Fortive NYSE: FTV on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of APi Group NYSE: APG on 9/30/2025.
• Sold $1,001 - $15,000 in shares of GoDaddy NYSE: GDDY on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi Heavy Industries OTCMKTS: MHVYF on 9/30/2025.

Halliburton Stock Down 0.3%

Halliburton stock traded down $0.07 during trading hours on Tuesday, hitting $22.43. The stock had a trading volume of 9,992,473 shares, compared to its average volume of 13,412,134. The stock's 50-day moving average price is $22.55 and its 200-day moving average price is $21.72. The stock has a market capitalization of $19.13 billion, a P/E ratio of 10.48 and a beta of 1.02. Halliburton Company has a 12-month low of $18.72 and a 12-month high of $32.57. The company has a quick ratio of 1.47, a current ratio of 2.00 and a debt-to-equity ratio of 0.68.

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

Halliburton Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts have commented on HAL shares. Stifel Nicolaus reduced their target price on Halliburton from $31.00 to $29.00 and set a "buy" rating for the company in a report on Wednesday, July 23rd. Piper Sandler cut Halliburton from an "overweight" rating to a "neutral" rating and set a $25.00 price objective on the stock. in a research report on Monday, July 28th. Melius Research assumed coverage on Halliburton in a research report on Wednesday, August 20th. They issued a "buy" rating and a $41.00 target price for the company. Melius started coverage on shares of Halliburton in a research note on Wednesday, August 20th. They set a "buy" rating and a $41.00 target price on the stock. Finally, Barclays reduced their price target on shares of Halliburton from $22.00 to $20.00 and set an "equal weight" rating for the company in a research note on Tuesday. Thirteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $30.61.

Institutional Investors Weigh In On Halliburton

A number of large investors have recently made changes to their positions in the company. Newbridge Financial Services Group Inc. purchased a new position in shares of Halliburton in the second quarter worth approximately $25,000. Stone House Investment Management LLC bought a new position in Halliburton in the first quarter worth approximately $30,000. Rakuten Securities Inc. boosted its stake in shares of Halliburton by 547.3% during the 2nd quarter. Rakuten Securities Inc. now owns 1,586 shares of the oilfield services company's stock worth $32,000 after acquiring an additional 1,341 shares during the last quarter. Cape Investment Advisory Inc. grew its position in shares of Halliburton by 111.9% during the 2nd quarter. Cape Investment Advisory Inc. now owns 1,704 shares of the oilfield services company's stock valued at $35,000 after acquiring an additional 900 shares during the period. Finally, Hexagon Capital Partners LLC grew its position in shares of Halliburton by 87.4% during the 1st 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 period. 85.23% of the stock is currently owned by institutional investors.

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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