Zacks Research Has Negative View of Halliburton Q3 Earnings

Key Points

• Zacks Research has lowered its Q3 2025 earnings per share estimate for Halliburton from $0.61 to $0.49, impacting investor sentiment.
• Several firms, including Barclays and Royal Bank of Canada, have decreased their target prices for Halliburton's stock, with Barclays dropping it from $26.00 to $22.00.
• Halliburton recently reported a 5.5% year-over-year decline in quarterly revenue, despite meeting the earnings consensus of $0.55 per share.

Halliburton Company (NYSE:HAL - Free Report) - Equities researchers at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for Halliburton in a note issued to investors on Tuesday, August 12th. Zacks Research analyst R. Department now anticipates that the oilfield services company will earn $0.49 per share for the quarter, down from their previous estimate of $0.61. The consensus estimate for Halliburton's current full-year earnings is $2.64 per share. Zacks Research also issued estimates for Halliburton's Q4 2025 earnings at $0.49 EPS, FY2025 earnings at $2.13 EPS, Q1 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.53 EPS, Q4 2026 earnings at $0.56 EPS, Q1 2027 earnings at $0.55 EPS and Q2 2027 earnings at $0.56 EPS.

A number of other research firms have also weighed in on HAL. Barclays dropped their target price on Halliburton from $26.00 to $22.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 23rd. Royal Bank Of Canada dropped their target price on Halliburton from $28.00 to $24.00 and set a "sector perform" rating on the stock in a report on Wednesday, July 23rd. UBS Group dropped their target price on Halliburton from $21.00 to $20.00 and set a "neutral" rating on the stock in a report on Wednesday, July 23rd. Citigroup dropped their target price on Halliburton from $33.00 to $31.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Finally, Piper Sandler lowered Halliburton from an "overweight" rating to a "neutral" rating and set a $25.00 target price on the stock. in a report on Monday, July 28th. Eight research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $31.00.

Halliburton Stock Up 2.3%

Shares of NYSE:HAL opened at $20.98 on Wednesday. Halliburton has a 52-week low of $18.72 and a 52-week high of $32.57. 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 business's 50 day simple moving average is $21.61 and its two-hundred day simple moving average is $22.64. The firm has a market cap of $17.88 billion, a P/E ratio of 9.80, a PEG ratio of 3.55 and a beta of 1.12.

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 (EPS) for the quarter, hitting the consensus estimate of $0.55. The business had revenue of $5.51 billion for the quarter, compared to analyst estimates of $5.43 billion. Halliburton had a return on equity of 21.45% and a net margin of 8.37%. The company's quarterly revenue was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.80 earnings per share.

Institutional Trading of Halliburton

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Mascagni Wealth Management Inc. purchased a new position in shares of Halliburton in the 4th quarter worth about $28,000. Stone House Investment Management LLC bought a new stake in shares of Halliburton in the 1st quarter valued at about $30,000. Hexagon Capital Partners LLC raised its position in 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 purchasing an additional 656 shares during the last quarter. Zions Bancorporation National Association UT bought a new position in Halliburton during the 1st quarter valued at approximately $37,000. Finally, CVA Family Office LLC raised its position in Halliburton by 94.8% during the 2nd quarter. CVA Family Office LLC now owns 1,882 shares of the oilfield services company's stock valued at $38,000 after purchasing an additional 916 shares during the last quarter. 85.23% of the stock is currently owned by institutional investors.

Halliburton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 4th were paid a $0.17 dividend. The ex-dividend date was Wednesday, June 4th. This represents a $0.68 annualized dividend and a dividend yield of 3.2%. Halliburton's payout ratio is presently 31.78%.

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.

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