Y Intercept Hong Kong Ltd Cuts Position in Halliburton Company $HAL

Y Intercept Hong Kong Ltd lowered its stake in shares of Halliburton Company (NYSE:HAL) by 66.0% during the third quarter, Holdings Channel.com reports. The firm owned 205,696 shares of the oilfield services company’s stock after selling 399,818 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Halliburton were worth $5,060,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Deseret Mutual Benefit Administrators lifted its position in Halliburton by 61.7% during the third quarter. Deseret Mutual Benefit Administrators now owns 1,957 shares of the oilfield services company’s stock valued at $48,000 after acquiring an additional 747 shares during the last quarter. UniSuper Management Pty Ltd boosted its position in shares of Halliburton by 7.7% in the 3rd quarter. UniSuper Management Pty Ltd now owns 118,967 shares of the oilfield services company’s stock worth $2,927,000 after purchasing an additional 8,531 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in Halliburton by 22.2% during the 3rd quarter. Parkside Financial Bank & Trust now owns 2,369 shares of the oilfield services company’s stock worth $58,000 after buying an additional 431 shares during the last quarter. Anchor Capital Advisors LLC increased its position in Halliburton by 4.8% during the 3rd quarter. Anchor Capital Advisors LLC now owns 826,896 shares of the oilfield services company’s stock valued at $20,342,000 after buying an additional 37,779 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC raised its stake in Halliburton by 6.9% in the third quarter. Avidian Wealth Enterprises LLC now owns 18,210 shares of the oilfield services company’s stock valued at $448,000 after buying an additional 1,175 shares during the last quarter. Hedge funds and other institutional investors own 85.23% of the company’s stock.

Halliburton Stock Up 0.8%

Halliburton stock opened at $33.97 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.04 and a quick ratio of 1.43. The stock has a market capitalization of $28.59 billion, a PE ratio of 22.50 and a beta of 0.78. The business has a 50 day simple moving average of $28.97 and a 200-day simple moving average of $25.31. Halliburton Company has a 12 month low of $18.72 and a 12 month high of $35.55.

Halliburton (NYSE:HAL) last issued its quarterly earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.54 by $0.15. The company had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.39 billion. Halliburton had a net margin of 5.78% and a return on equity of 19.77%. The firm’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.73 EPS. On average, 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, December 24th. Shareholders of record on Wednesday, December 3rd were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.0%. Halliburton’s dividend payout ratio is presently 45.03%.

Halliburton News Summary

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 beat and operational momentum — HAL topped EPS and revenue expectations, with improved margins and management emphasizing capital returns (buybacks/dividends) that support per-share value. MarketBeat: Halliburton Beat Expectations
• Positive Sentiment: Analyst upgrades and price-target raises — multiple firms (TD Cowen, Susquehanna, RBC, BMO, JPMorgan, Evercore, Stifel, Capital One) raised targets or ratings after results, signaling consensus sentiment lift and providing upward price catalysts. Benzinga: Analysts Increase Forecasts
• Positive Sentiment: New strategic initiatives — a $35M Halliburton–A*STAR lab in Singapore targets faster tech-enabled growth in Asia, supporting international revenue diversification and longer-term service/product improvements. SBR: Halliburton, A*STAR $35m lab
• Positive Sentiment: Venezuela opportunity — company comments and hiring activity point to a potential quick re-entry if cleared politically, which could materially expand international revenue. WSJ: Halliburton Prepares to Re-Enter Venezuela
• Neutral Sentiment: Options activity and new highs — large call buying and a 12-month high reflect elevated speculative and institutional interest, but they can amplify short-term volatility. AmericanBankingNews: Investors Buy Calls
• Neutral Sentiment: Macro/sector noise — broader energy-market swings and geopolitics (plus periodic headlines) create background volatility that can mask company fundamentals in the near term. SeeItMarket: Energy Stocks Steady Amid Macro Chaos
• Negative Sentiment: Profit nuance — while EPS beat, net income edged down year-over-year (reported net income decline), highlighting some margin or one-time items that temper the beat. Yahoo: Q4 net income falls 4.2%
• Negative Sentiment: Analyst downgrade — Zephirin Group cut HAL from Buy to Hold and trimmed its target to $28, flagging downside risk and reminding investors not all analysts are convinced upside is sustained. MarketScreener: Zephirin Downgrades HAL

Insider Activity

In other news, insider Mark Richard sold 160,000 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $27.77, for a total transaction of $4,443,200.00. Following the completion of the sale, the insider owned 452,374 shares of the company’s stock, valued at $12,562,425.98. This represents a 26.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Van H. Beckwith sold 8,854 shares of the firm’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $27.89, for a total transaction of $246,938.06. Following the completion of the transaction, the executive vice president directly owned 333,528 shares in the company, valued at approximately $9,302,095.92. This represents a 2.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 268,854 shares of company stock worth $7,915,138 over the last quarter. 0.56% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently weighed in on HAL. Rothschild Redb upgraded Halliburton to a “strong-buy” rating in a research note on Monday, November 3rd. Citigroup increased their price target on Halliburton from $33.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday. Bank of America upped their target price on Halliburton from $24.00 to $26.00 and gave the stock a “buy” rating in a research note on Tuesday, October 14th. Morgan Stanley reiterated an “overweight” rating and set a $35.00 price target on shares of Halliburton in a research report on Wednesday. Finally, Rothschild & Co Redburn initiated coverage on shares of Halliburton in a research note on Monday, November 3rd. They set a “buy” rating and a $35.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Halliburton has a consensus rating of “Moderate Buy” and an average price target of $34.57.

Halliburton Company Profile

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.