Zacks Research Decreases Earnings Estimates for Halliburton

Halliburton (NYSE:HAL - Free Report) - Zacks Research dropped their Q3 2025 earnings estimates for Halliburton in a research note issued to investors on Tuesday, June 3rd. Zacks Research analyst R. Department now anticipates that the oilfield services company will post earnings of $0.61 per share for the quarter, down from their prior estimate of $0.62. The consensus estimate for Halliburton's current full-year earnings is $2.64 per share. Zacks Research also issued estimates for Halliburton's FY2025 earnings at $2.38 EPS, Q2 2026 earnings at $0.68 EPS, Q4 2026 earnings at $0.59 EPS, FY2026 earnings at $2.44 EPS and FY2027 earnings at $2.88 EPS.

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

HAL has been the topic of a number of other reports. UBS Group reduced their target price on shares of Halliburton from $23.00 to $22.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. Hsbc Global Res raised shares of Halliburton to a "hold" rating in a research note on Wednesday, April 23rd. Wells Fargo & Company raised their target price on shares of Halliburton from $27.00 to $28.00 and gave the stock an "overweight" rating in a research report on Thursday. Barclays cut their price target on Halliburton from $29.00 to $26.00 and set an "equal weight" rating for the company in a report on Wednesday, April 23rd. Finally, Citigroup decreased their price objective on Halliburton from $33.00 to $31.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Eight equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $33.58.

Halliburton Price Performance

Shares of NYSE:HAL traded up $0.55 on Thursday, hitting $20.50. The company had a trading volume of 9,104,330 shares, compared to its average volume of 10,947,123. 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 company has a market cap of $17.62 billion, a PE ratio of 7.24, a PEG ratio of 3.79 and a beta of 1.19. Halliburton has a 52-week low of $18.72 and a 52-week high of $37.08. The business has a 50 day moving average of $20.78 and a 200 day moving average of $25.04.

Institutional Investors Weigh In On Halliburton

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HAL. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Halliburton by 35.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 96,490 shares of the oilfield services company's stock worth $2,588,000 after acquiring an additional 25,284 shares in the last quarter. Massachusetts Wealth Management boosted its stake in shares of Halliburton by 180.9% during the 4th quarter. Massachusetts Wealth Management now owns 43,675 shares of the oilfield services company's stock valued at $1,188,000 after buying an additional 28,125 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of Halliburton during the fourth quarter worth approximately $728,000. Spectrum Asset Management Inc. NB CA bought a new stake in Halliburton in the fourth quarter valued at about $644,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in Halliburton by 3.7% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,257,250 shares of the oilfield services company's stock valued at $61,375,000 after buying an additional 80,567 shares in the last quarter. Hedge funds and other institutional investors own 85.23% of the company's stock.

Insiders Place Their Bets

In other news, CFO Eric Carre sold 51,179 shares of the business's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $25.00, for a total transaction 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 approximately $3,177,525. The trade was a 28.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.56% of the stock is currently owned by insiders.

Halliburton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 4th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 3.32%. The ex-dividend date is Wednesday, June 4th. Halliburton's dividend payout ratio (DPR) is presently 28.45%.

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.