Halliburton (NYSE:HAL) Stock Price Expected to Rise, Barclays Analyst Says

Halliburton (NYSE:HAL – Get Free Report) had its target price boosted by equities researchers at Barclays from $29.00 to $37.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the oilfield services company’s stock. Barclays‘s price target indicates a potential downside of 6.67% from the company’s current price.

Several other brokerages have also commented on HAL. UBS Group lifted their target price on Halliburton from $35.00 to $39.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 7th. Royal Bank Of Canada lifted their target price on Halliburton from $38.00 to $43.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 14th. Stifel Nicolaus restated a “buy” rating and set a $43.00 price objective (up from $36.00) on shares of Halliburton in a research report on Wednesday. Citigroup boosted their price objective on Halliburton from $38.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Finally, Jefferies Financial Group restated a “buy” rating and set a $39.00 price objective on shares of Halliburton in a research report on Friday, February 6th. Seventeen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $40.73.

Read Our Latest Stock Analysis on Halliburton

Halliburton Price Performance

Shares of HAL opened at $39.65 on Wednesday. The firm has a market cap of $33.11 billion, a price-to-earnings ratio of 21.78, a PEG ratio of 1.73 and a beta of 0.68. The stock has a 50 day moving average of $36.61 and a 200-day moving average of $31.40. The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 0.65. Halliburton has a 52 week low of $19.22 and a 52 week high of $41.18.

Halliburton (NYSE:HAL – Get Free Report) last issued its earnings results on Tuesday, April 21st. The oilfield services company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.50 by $0.05. The company had revenue of $5.40 billion during the quarter, compared to analyst estimates of $5.37 billion. Halliburton had a return on equity of 19.04% and a net margin of 6.95%.The business’s revenue was down .3% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 EPS. As a group, analysts forecast that Halliburton will post 2.19 EPS for the current year.

Insider Buying and Selling

In other news, VP Timothy Mckeon sold 3,846 shares of the business’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $34.37, for a total value of $132,187.02. Following the sale, the vice president owned 81,631 shares of the company’s stock, valued at approximately $2,805,657.47. The trade was a 4.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Margaret Katherine Banks sold 2,600 shares of the business’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $34.17, for a total value of $88,842.00. Following the completion of the sale, the director directly owned 14,043 shares in the company, valued at $479,849.31. This represents a 15.62% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 189,960 shares of company stock worth $7,406,724. 0.57% of the stock is owned by corporate insiders.

Institutional Trading of Halliburton

A number of hedge funds and other institutional investors have recently modified their holdings of HAL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Halliburton by 7.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,754 shares of the oilfield services company’s stock worth $2,353,000 after buying an additional 6,507 shares in the last quarter. Woodline Partners LP raised its stake in shares of Halliburton by 39.0% in the 1st quarter. Woodline Partners LP now owns 73,341 shares of the oilfield services company’s stock worth $1,861,000 after buying an additional 20,583 shares in the last quarter. Focus Partners Wealth raised its stake in shares of Halliburton by 25.0% in the 1st quarter. Focus Partners Wealth now owns 52,045 shares of the oilfield services company’s stock worth $1,320,000 after buying an additional 10,408 shares in the last quarter. Intech Investment Management LLC raised its stake in shares of Halliburton by 309.1% in the 1st quarter. Intech Investment Management LLC now owns 68,946 shares of the oilfield services company’s stock worth $1,749,000 after buying an additional 52,092 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in shares of Halliburton in the 1st quarter worth $895,000. Institutional investors own 85.23% of the company’s stock.

Halliburton News Summary

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q1 results beat expectations — EPS topped consensus and margins improved on international strength, supporting the bullish narrative. Halliburton Q1 beats expectations
• Positive Sentiment: Multiple broker upgrades and price‑target raises (examples: TD Cowen, Citigroup, Argus, HSBC, RBC, Morgan Stanley, JPMorgan, Stifel, Griffin) are lifting investor sentiment and implied upside. Analyst upgrades after Q1
• Positive Sentiment: Management commentary: CEO says U.S. oil is in the “early innings” of a rebound and that a drilling ramp‑up is coming — reinforcing expectations for higher activity and service demand. CEO comments on rebound
• Positive Sentiment: Index/sector positioning: Halliburton is getting more spotlight in Russell 1000 energy reweighting, which can support demand from passive/ETF flows. Russell 1000 spotlight
• Neutral Sentiment: Longer‑term industry backdrop: reports project mid-single‑digit CAGR growth for oilfield services over the next decade — positive for structural demand but not an immediate catalyst. Oilfield services market forecast
• Neutral Sentiment: Analyst consensus remains around a “moderate buy” — broad support but not unanimous, so momentum depends on future execution and guidance. Consensus analyst recommendation
• Negative Sentiment: Company warned of higher costs tied to the Iran war, which could pressure margins and offset some upside from stronger activity. Higher costs from Iran war
• Negative Sentiment: Some cautionary notes and downgrades (e.g., Seeking Alpha analysis, a sell rating from Zephirin, Barclays’ equal‑weight) signal rising uncertainty and profit‑taking risk after the recent rally. Downgrade/uncertainty note