Q1 EPS Estimates for Halliburton Cut by Griffin Securities

Halliburton (NYSE:HAL) – Griffin Securities reduced their Q1 2025 earnings per share (EPS) estimates for Halliburton in a research note issued on Monday, January 27th. Griffin Securities analyst K. Simpson now forecasts that the oilfield services company will post earnings of $0.59 per share for the quarter, down from their prior estimate of $0.69. Griffin Securities currently has a “Neutral” rating on the stock. The consensus estimate for Halliburton’s current full-year earnings is $2.94 per share. Griffin Securities also issued estimates for Halliburton’s Q2 2025 earnings at $0.60 EPS, Q3 2025 earnings at $0.63 EPS and Q4 2025 earnings at $0.68 EPS.

HAL has been the topic of several other research reports. Bank of America cut their target price on Halliburton from $40.00 to $38.00 and set a “buy” rating on the stock in a research report on Monday, October 14th. Piper Sandler began coverage on shares of Halliburton in a report on Thursday, December 19th. They issued an “overweight” rating and a $36.00 target price for the company. Benchmark reduced their price target on shares of Halliburton from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Royal Bank of Canada restated a “sector perform” rating and issued a $34.00 price objective on shares of Halliburton in a research note on Thursday, January 23rd. Finally, Jefferies Financial Group reduced their target price on Halliburton from $43.00 to $41.00 and set a “buy” rating for the company in a report on Friday, January 3rd. Seven equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $37.42.

Halliburton Stock Down 2.0 %

Halliburton stock opened at $26.70 on Wednesday. The stock has a market cap of $23.45 billion, a PE ratio of 9.43, a P/E/G ratio of 3.58 and a beta of 1.91. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 1.62. The stock’s fifty day moving average is $28.75 and its two-hundred day moving average is $29.91. Halliburton has a 1-year low of $25.51 and a 1-year high of $41.56.

Halliburton (NYSE:HAL) last announced its quarterly earnings data on Thursday, November 7th. The oilfield services company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.02). The firm had revenue of $5.70 billion during the quarter, compared to analysts’ expectations of $5.83 billion. Halliburton had a net margin of 10.90% and a return on equity of 26.03%. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.79 earnings per share.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Sei Investments Co. lifted its holdings in shares of Halliburton by 34.6% during the 2nd quarter. Sei Investments Co. now owns 201,100 shares of the oilfield services company’s stock worth $6,793,000 after acquiring an additional 51,679 shares during the period. Mackenzie Financial Corp lifted its position in Halliburton by 105.2% during the 2nd quarter. Mackenzie Financial Corp now owns 186,961 shares of the oilfield services company’s stock worth $6,316,000 after acquiring an additional 95,864 shares in the last quarter. Creative Planning increased its stake in Halliburton by 5.8% during the 2nd quarter. Creative Planning now owns 155,159 shares of the oilfield services company’s stock worth $5,241,000 after buying an additional 8,507 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Halliburton by 21.9% in the second quarter. NewEdge Advisors LLC now owns 73,725 shares of the oilfield services company’s stock worth $2,490,000 after acquiring an additional 13,241 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Halliburton by 16.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 41,739 shares of the oilfield services company’s stock valued at $1,410,000 after acquiring an additional 5,860 shares during the last quarter. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Halliburton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Wednesday, December 4th were issued a dividend of $0.17 per share. The ex-dividend date was Wednesday, December 4th. This represents a $0.68 annualized dividend and a yield of 2.55%. Halliburton’s dividend payout ratio is presently 24.03%.

About Halliburton

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.