Mitsubishi UFJ Trust & Banking Corp Sells 21,342 Shares of Halliburton Company $HAL

Mitsubishi UFJ Trust & Banking Corp trimmed its position in Halliburton Company (NYSE:HAL) by 3.5% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 580,414 shares of the oilfield services company’s stock after selling 21,342 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.07% of Halliburton worth $14,278,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new position in Halliburton in the second quarter valued at about $109,379,000. AQR Capital Management LLC boosted its stake in shares of Halliburton by 85.5% in the 2nd quarter. AQR Capital Management LLC now owns 8,610,870 shares of the oilfield services company’s stock valued at $175,490,000 after purchasing an additional 3,969,759 shares during the last quarter. Schroder Investment Management Group grew its position in shares of Halliburton by 762.7% during the 2nd quarter. Schroder Investment Management Group now owns 3,265,132 shares of the oilfield services company’s stock worth $66,543,000 after buying an additional 2,886,666 shares during the period. Pzena Investment Management LLC raised its stake in shares of Halliburton by 134.7% during the second quarter. Pzena Investment Management LLC now owns 3,734,069 shares of the oilfield services company’s stock worth $76,100,000 after buying an additional 2,142,939 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its holdings in Halliburton by 23.1% in the third quarter. Pacer Advisors Inc. now owns 10,154,605 shares of the oilfield services company’s stock valued at $249,803,000 after buying an additional 1,906,724 shares during the period. 85.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have commented on HAL. HSBC set a $30.00 target price on shares of Halliburton and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Barclays upped their price objective on Halliburton from $25.00 to $30.00 and gave the company an “equal weight” rating in a report on Tuesday, December 16th. BMO Capital Markets increased their target price on Halliburton from $36.00 to $39.00 and gave the company a “market perform” rating in a research note on Thursday, January 22nd. Hsbc Global Res raised Halliburton from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. Finally, Evercore ISI increased their price target on shares of Halliburton from $35.00 to $36.00 and gave the company an “in-line” rating in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $34.57.

Insiders Place Their Bets

In related 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 value of $4,443,200.00. Following the completion of the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Margaret Katherine Banks sold 2,600 shares of the stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $34.17, for a total value of $88,842.00. Following the transaction, the director owned 14,043 shares of the company’s stock, valued at approximately $479,849.31. This trade represents a 15.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 497,002 shares of company stock worth $15,889,138 in the last ninety days. 0.61% of the stock is owned by insiders.

Key Headlines Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 results topped expectations — EPS $0.69 vs. $0.55 consensus and revenue $5.66B vs. $5.39B; the beat supports the recovery narrative and underpins analyst upgrades. Halliburton Beat Expectations Again—Now the Rebound Trade Gets Real
• Positive Sentiment: Analyst price-targets and ratings moved higher (examples: TD Cowen, Capital One, UBS; a separate note raised HAL’s target to $39) — these upgrades help support near-term upside. Halliburton (NYSE:HAL) Price Target Raised to $39.00
• Positive Sentiment: Strategic R&D push — HAL and A*STAR launched Singapore’s S$35M NEX Lab to speed well‑completion innovation and low‑carbon tech development, supporting longer‑term differentiation and service demand. Halliburton & Its Partner Launch NEX Lab to Advance Energy Innovation
• Positive Sentiment: Venezuela opportunity — HAL is positioned for a quick restart if U.S. approvals and payment safeguards are secured, which could accelerate Latin America revenue growth. (Contingent on regulatory clearance.) Halliburton Prepares for Quick Comeback in Venezuela With US Approval
• Neutral Sentiment: Zacks notes momentum — HAL gained ~4.2% over the last week, reflecting the mix of beats and upgrades but not guaranteeing continuation. Halliburton (HAL) Is Up 4.24% in One Week: What You Should Know
• Neutral Sentiment: Valuation comparison pieces (HAL vs. CLB) and institutional ownership notes provide context for relative value and liquidity but are informational rather than immediate catalysts. HAL vs. CLB: Which Stock Is the Better Value Option?
• Negative Sentiment: Significant insider selling by senior management could cap upside or create near‑term selling pressure — CEO Jeffrey Miller sold 171,200 shares (filed with SEC), EVP Van Beckwith sold 54,348 shares, and Director Margaret K. Banks sold 2,600 shares. Investors often watch large executive sales even when company results are strong. CEO Form 4 EVP Form 4 Director Trade

Halliburton Trading Up 0.3%

NYSE:HAL opened at $34.27 on Wednesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.04 and a quick ratio of 1.51. The business’s 50-day simple moving average is $29.27 and its 200-day simple moving average is $25.50. Halliburton Company has a fifty-two week low of $18.72 and a fifty-two week high of $35.55. The stock has a market capitalization of $28.85 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 2.04 and a beta of 0.78.

Halliburton (NYSE:HAL) last posted 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 $0.55 by $0.14. Halliburton had a return on equity of 19.77% and a net margin of 5.78%.The business had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.39 billion. During the same period in the prior year, the business earned $0.73 EPS. Halliburton’s revenue for the quarter was up .8% compared to the same quarter last year. Sell-side analysts expect that Halliburton Company will post 2.64 earnings per share for the current fiscal year.

Halliburton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Wednesday, December 3rd were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Wednesday, December 3rd. Halliburton’s dividend payout ratio (DPR) is presently 45.03%.

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.