HSBC Increases Halliburton (NYSE:HAL) Price Target to $46.00

Halliburton (NYSE:HAL – Get Free Report) had its price target raised by equities research analysts at HSBC from $40.00 to $46.00 in a research report issued on Wednesday,MarketScreener reports. The brokerage presently has a “buy” rating on the oilfield services company’s stock. HSBC’s price target suggests a potential upside of 16.03% from the company’s current price.

Several other research analysts have also recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Halliburton in a research report on Friday, April 10th. Piper Sandler upped their target price on Halliburton from $34.00 to $40.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Capital One Financial upped their target price on Halliburton from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Wednesday, April 8th. Argus upped their target price on Halliburton from $31.00 to $39.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Finally, The Goldman Sachs Group upped their target price on Halliburton from $40.00 to $44.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Seventeen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $40.73.

Read Our Latest Analysis on HAL

Halliburton Trading Up 1.4%

NYSE:HAL opened at $39.65 on Wednesday. The stock has a fifty day moving average price of $36.61 and a two-hundred day moving average price of $31.40. The stock has a market capitalization 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 company has a debt-to-equity ratio of 0.65, a quick ratio of 1.51 and a current ratio of 2.08. Halliburton has a 1 year low of $19.22 and a 1 year high of $41.18.

Halliburton (NYSE:HAL – Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The oilfield services company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.05. The firm had revenue of $5.40 billion during the quarter, compared to analysts’ expectations of $5.37 billion. Halliburton had a return on equity of 19.04% and a net margin of 6.95%.Halliburton’s revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.60 earnings per share. As a group, sell-side analysts anticipate that Halliburton will post 2.19 earnings per share for the current fiscal year.

Insider Buying and Selling at Halliburton

In related news, VP Timothy Mckeon sold 3,846 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $34.37, for a total transaction of $132,187.02. Following the sale, the vice president owned 81,631 shares of the company’s stock, valued at $2,805,657.47. This trade represents a 4.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Jeffrey Shannon Slocum sold 5,441 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $33.82, for a total value of $184,014.62. Following the sale, the chief operating officer directly owned 187,423 shares in the company, valued at approximately $6,338,645.86. The trade was a 2.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 189,960 shares of company stock valued at $7,406,724. 0.57% of the stock is owned by company insiders.

Institutional Trading of Halliburton

A number of large investors have recently made changes to their positions in the stock. Vermillion Wealth Management Inc. boosted its stake in shares of Halliburton by 24.8% during the fourth quarter. Vermillion Wealth Management Inc. now owns 1,456 shares of the oilfield services company’s stock valued at $41,000 after acquiring an additional 289 shares during the last quarter. Coldstream Capital Management Inc. boosted its stake in shares of Halliburton by 1.5% during the fourth quarter. Coldstream Capital Management Inc. now owns 23,312 shares of the oilfield services company’s stock valued at $659,000 after acquiring an additional 349 shares during the last quarter. Harbour Investments Inc. boosted its stake in shares of Halliburton by 7.3% during the fourth quarter. Harbour Investments Inc. now owns 5,320 shares of the oilfield services company’s stock valued at $150,000 after acquiring an additional 361 shares during the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of Halliburton by 3.7% during the fourth quarter. Kingsview Wealth Management LLC now owns 10,363 shares of the oilfield services company’s stock valued at $293,000 after acquiring an additional 365 shares during the last quarter. Finally, Clearstead Trust LLC boosted its stake in shares of Halliburton by 7.4% during the third quarter. Clearstead Trust LLC now owns 5,370 shares of the oilfield services company’s stock valued at $132,000 after acquiring an additional 370 shares during the last quarter. Institutional investors and hedge funds own 85.23% of the company’s stock.

Key Stories Impacting Halliburton

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