Halliburton (NYSE:HAL) Price Target Raised to $35.00 at JPMorgan Chase & Co.

Halliburton (NYSE:HAL) had its target price lifted by equities research analysts at JPMorgan Chase & Co. from $30.00 to $35.00 in a research note issued on Thursday,MarketScreener reports. The brokerage currently has an “overweight” rating on the oilfield services company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 6.68% from the stock’s previous close.

HAL has been the subject of a number of other reports. Barclays upped their target price on Halliburton from $25.00 to $30.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 16th. Piper Sandler increased their price objective on shares of Halliburton from $29.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Evercore ISI restated an “in-line” rating and issued a $35.00 target price (up from $28.00) on shares of Halliburton in a research report on Tuesday, January 6th. UBS Group increased their price target on shares of Halliburton from $24.00 to $32.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, Rothschild Redb upgraded shares of Halliburton to a “strong-buy” rating in a research report on Monday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Halliburton has an average rating of “Moderate Buy” and an average price target of $33.90.

Halliburton Price Performance

NYSE:HAL opened at $32.81 on Thursday. Halliburton has a 52 week low of $18.72 and a 52 week high of $33.80. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.43 and a current ratio of 1.95. The firm’s 50-day simple moving average is $28.71 and its 200 day simple moving average is $25.14. The firm has a market cap of $27.61 billion, a price-to-earnings ratio of 21.68 and a beta of 0.78.

Halliburton (NYSE:HAL) last announced its earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.15. Halliburton had a net margin of 5.91% and a return on equity of 20.12%. The firm had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.39 billion. During the same quarter in the prior year, the business posted $0.73 EPS. The business’s revenue was up .8% compared to the same quarter last year. As a group, sell-side analysts predict that Halliburton will post 2.64 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Mark Richard sold 160,000 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $27.77, for a total value of $4,443,200.00. Following the completion of the sale, the insider directly owned 452,374 shares of the company’s stock, valued at approximately $12,562,425.98. This represents a 26.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Van H. Beckwith sold 8,854 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $27.89, for a total value of $246,938.06. Following the completion of the transaction, the executive vice president owned 333,528 shares of the company’s stock, valued at $9,302,095.92. This trade represents a 2.59% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 268,854 shares of company stock worth $7,915,138. 0.56% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Halliburton

Several hedge funds and other institutional investors have recently modified their holdings of HAL. Cullen Frost Bankers Inc. bought a new position in Halliburton in the 3rd quarter valued at $25,000. Kelleher Financial Advisors bought a new stake in Halliburton during the third quarter valued at $25,000. Newbridge Financial Services Group Inc. purchased a new position in Halliburton during the second quarter worth about $25,000. Strive Asset Management LLC bought a new position in Halliburton in the 3rd quarter worth about $31,000. Finally, Root Financial Partners LLC purchased a new stake in shares of Halliburton in the 3rd quarter valued at about $32,000. 85.23% of the stock is currently owned by institutional investors.

Trending Headlines about Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 results beat expectations — adjusted EPS $0.69 vs. $0.54 estimate and revenue $5.66B (above estimates); international revenue strength and solid operating cash flow/free cash flow were highlighted. Reuters: Halliburton beats estimates
• Positive Sentiment: Analyst upgrades/target raises are lifting sentiment — Susquehanna raised its target to $40 (positive), and Stifel/Capital One bumped targets to the mid‑$30s, giving more upside to the consensus. Benzinga: Susquehanna raise MarketScreener: Stifel raise
• Positive Sentiment: Venezuela re‑entry is a potential near‑term catalyst — management said interest is high and the company posted job listings consistent with returning operations, which would materially expand international demand. Yahoo: Venezuela job posting Upstream: CEO comments
• Positive Sentiment: Capital returns and cash flow profile support shareholder value — company emphasized buybacks and a >2% dividend; analysts note buybacks materially reduced share count in 2025. Benzinga: cash flow & deals
• Positive Sentiment: Unusual options activity: heavy call buying (≈60k calls) indicates short‑term bullish positioning by traders. (Market flow item)
• Neutral Sentiment: Valuation/DCF rechecks are appearing after the run‑up — some analytical pieces reassess fair value given recent momentum; these provide mixed signals depending on assumptions. Yahoo: valuation check
• Neutral Sentiment: Management tone: strong 2025 execution but cautious phrasing on 2026 growth — investors should watch guidance/remarks from the call for forward momentum. TipRanks: earnings call takeaways
• Negative Sentiment: North America remains a drag — Q4 North America revenue fell and regional weakness could limit upside until U.S. activity recovers. Barron’s: North America drag
• Negative Sentiment: Insider selling and mixed year‑over‑year metrics noted by some data providers; monitor insider flows and quarterly cash trends for signs of sustainable recovery. QuiverQuant: financial snapshot & insider activity

About Halliburton

Halliburton is one of the world’s largest providers of products and services to the energy industry, offering a broad portfolio that supports the lifecycle of oil and gas reservoirs from exploration and drilling through production and abandonment. Founded in 1919 by Erle P. Halliburton as an oil-well cementing company, the firm is headquartered in Houston, Texas and has developed into an integrated oilfield services company serving upstream operators globally.

The company’s activities encompass drilling and evaluation, well construction and completion, production enhancement and well intervention.