Vanguard Personalized Indexing Management LLC Grows Stock Holdings in Halliburton Company $HAL

Vanguard Personalized Indexing Management LLC boosted its stake in shares of Halliburton Company (NYSE:HAL) by 9.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 192,063 shares of the oilfield services company’s stock after purchasing an additional 16,849 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Halliburton were worth $4,725,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cullen Frost Bankers Inc. purchased a new stake in shares of Halliburton during the 3rd quarter worth approximately $25,000. Newbridge Financial Services Group Inc. purchased a new stake in Halliburton during the second quarter worth $25,000. Root Financial Partners LLC purchased a new stake in Halliburton during the third quarter worth $32,000. Rakuten Securities Inc. grew its holdings in Halliburton by 547.3% in the second quarter. Rakuten Securities Inc. now owns 1,586 shares of the oilfield services company’s stock valued at $32,000 after purchasing an additional 1,341 shares during the last quarter. Finally, Cape Investment Advisory Inc. increased its position in shares of Halliburton by 111.9% in the second quarter. Cape Investment Advisory Inc. now owns 1,704 shares of the oilfield services company’s stock valued at $35,000 after buying an additional 900 shares in the last quarter. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Halliburton

In other Halliburton news, insider Mark Richard sold 160,000 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $27.77, for a total transaction of $4,443,200.00. Following the transaction, the insider owned 452,374 shares in the company, valued at $12,562,425.98. The trade was a 26.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Van H. Beckwith sold 54,348 shares of the firm’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $34.96, for a total value of $1,900,006.08. Following the sale, the executive vice president owned 344,535 shares in the company, valued at approximately $12,044,943.60. The trade was a 13.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 497,002 shares of company stock valued at $15,889,138 over the last quarter. Company insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on HAL shares. Royal Bank Of Canada increased their price objective on shares of Halliburton from $36.00 to $38.00 and gave the company an “outperform” rating in a research note on Thursday, January 22nd. Barclays raised their price objective on shares of Halliburton from $25.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 16th. Piper Sandler upped their target price on Halliburton from $29.00 to $30.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Bank of America upped their price objective on Halliburton from $24.00 to $26.00 and gave the company a “buy” rating in a research report on Tuesday, October 14th. Finally, Stifel Nicolaus set a $36.00 target price on shares of Halliburton in a report on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Halliburton has an average rating of “Moderate Buy” and a consensus price target of $34.57.

Halliburton Stock Down 2.5%

Shares of HAL opened at $33.39 on Thursday. Halliburton Company has a fifty-two week low of $18.72 and a fifty-two week high of $35.55. The company’s fifty day moving average is $29.41 and its two-hundred day moving average is $25.55. The firm has a market cap of $28.10 billion, a PE ratio of 22.11, a price-to-earnings-growth ratio of 2.05 and a beta of 0.78. The company has a quick ratio of 1.51, a current ratio of 2.04 and a debt-to-equity ratio of 0.68.

Halliburton (NYSE:HAL) last posted its quarterly earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.14. The firm had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.39 billion. Halliburton had a return on equity of 19.77% and a net margin of 5.78%.The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.73 earnings per share. Analysts forecast that Halliburton Company will post 2.64 earnings per share for the current year.

Halliburton Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 3rd were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Wednesday, December 3rd. Halliburton’s payout ratio is 45.03%.

Key Halliburton News

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 results topped expectations (EPS $0.69 vs. $0.55 consensus; revenue $5.66B vs. $5.39B), reinforcing the recovery narrative and giving analysts reason to raise targets. Read More.
• Positive Sentiment: Multiple analyst upgrades and higher price targets (examples cited include TD Cowen, Capital One, UBS and a separate $39 target) are supporting near‑term upside and investor sentiment. Read More.
• Positive Sentiment: Strategic R&D push — Halliburton and A*STAR launched Singapore’s S$35M NEX Lab to accelerate well‑completion tech and low‑carbon innovations, which may improve long‑term differentiation and service demand. Read More.
• Neutral Sentiment: Short‑term momentum: HAL gained roughly 4.2% over the past week, reflecting the earnings beat and upgrades, but past momentum is not a guarantee of continuation. Read More.
• Neutral Sentiment: Valuation/context pieces (comparisons to peers like CLB and notes on large institutional ownership) offer useful framing for longer‑term investors but are not immediate catalysts. Read More.
• Negative Sentiment: Material insider selling by senior executives could create near‑term selling pressure or signal management liquidity needs: CEO Jeffrey Miller reportedly sold 171,200 shares; EVP Van Beckwith sold 54,348 shares; Director Margaret K. Banks sold 2,600 shares. Investors watch large executive sales even when fundamentals are positive. Read More. Read More. Read More.
• Negative Sentiment: Short interest rose ~23.6% in January to ~32.5M shares (about 3.9% of shares outstanding; ~1.8 days to cover). That uptick reflects increased bearish positioning and can add downward pressure to the share price while also raising volatility risk.

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.