Zacks Research Has Negative View of Halliburton Q3 Earnings

Halliburton (NYSE:HAL) – Investment analysts at Zacks Research cut their Q3 2025 earnings estimates for Halliburton in a research report issued on Tuesday, June 3rd. Zacks Research analyst R. Department now expects that the oilfield services company will post earnings per share of $0.61 for the quarter, down from their previous forecast of $0.62. The consensus estimate for Halliburton’s current full-year earnings is $2.64 per share. Zacks Research also issued estimates for Halliburton’s FY2025 earnings at $2.38 EPS, Q2 2026 earnings at $0.68 EPS, Q4 2026 earnings at $0.59 EPS, FY2026 earnings at $2.44 EPS and FY2027 earnings at $2.88 EPS.

Several other research analysts have also recently issued reports on HAL. Stifel Nicolaus lowered their target price on shares of Halliburton from $37.00 to $32.00 and set a “buy” rating for the company in a report on Wednesday, April 23rd. Barclays dropped their target price on shares of Halliburton from $29.00 to $26.00 and set an “equal weight” rating for the company in a report on Wednesday, April 23rd. UBS Group lowered their price target on shares of Halliburton from $23.00 to $22.00 and set a “neutral” rating on the stock in a research report on Thursday, April 24th. The Goldman Sachs Group decreased their target price on shares of Halliburton from $27.00 to $24.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. Finally, Susquehanna decreased their price target on shares of Halliburton from $32.00 to $30.00 and set a “positive” rating on the stock in a report on Wednesday, April 23rd. Eight equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, Halliburton currently has a consensus rating of “Moderate Buy” and an average price target of $33.53.

Halliburton Trading Down 2.0%

Shares of HAL stock opened at $20.02 on Thursday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.54 and a current ratio of 2.05. Halliburton has a fifty-two week low of $18.72 and a fifty-two week high of $37.08. The stock has a market capitalization of $17.21 billion, a P/E ratio of 7.07, a price-to-earnings-growth ratio of 3.79 and a beta of 1.19. The company has a 50 day moving average price of $20.89 and a 200 day moving average price of $25.11.

Halliburton (NYSE:HAL) last issued its earnings results on Tuesday, April 22nd. The oilfield services company reported $0.60 EPS for the quarter, hitting analysts’ consensus estimates of $0.60. The company had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $5.28 billion. Halliburton had a net margin of 10.90% and a return on equity of 26.03%.

Hedge Funds Weigh In On Halliburton

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Mascagni Wealth Management Inc. bought a new position in Halliburton during the 4th quarter valued at about $28,000. Stone House Investment Management LLC acquired a new position in shares of Halliburton in the first quarter valued at approximately $30,000. Horrell Capital Management Inc. acquired a new position in shares of Halliburton in the fourth quarter valued at approximately $33,000. Sierra Ocean LLC bought a new stake in shares of Halliburton in the fourth quarter worth $36,000. Finally, Hexagon Capital Partners LLC lifted its position in shares of Halliburton by 87.4% in the first quarter. Hexagon Capital Partners LLC now owns 1,407 shares of the oilfield services company’s stock worth $36,000 after purchasing an additional 656 shares in the last quarter. 85.23% of the stock is owned by institutional investors.

Insider Activity at Halliburton

In other news, CFO Eric Carre sold 51,179 shares of the stock in a transaction on Friday, March 14th. The shares were sold at an average price of $25.00, for a total transaction of $1,279,475.00. Following the transaction, the chief financial officer now owns 127,101 shares in the company, valued at $3,177,525. This represents a 28.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Timothy Mckeon sold 10,497 shares of the firm’s stock in a transaction on Friday, March 7th. The shares were sold at an average price of $24.60, for a total transaction of $258,226.20. Following the completion of the transaction, the vice president now owns 77,784 shares in the company, valued at $1,913,486.40. The trade was a 11.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.56% of the company’s stock.

Halliburton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 4th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 3.40%. The ex-dividend date of this dividend is Wednesday, June 4th. Halliburton’s dividend payout ratio (DPR) is presently 28.45%.

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.