Zacks Research Lifts Earnings Estimates for Halliburton

Halliburton Company (NYSE:HAL) – Analysts at Zacks Research increased their FY2025 EPS estimates for Halliburton in a research report issued to clients and investors on Tuesday, November 11th. Zacks Research analyst Team now forecasts that the oilfield services company will post earnings per share of $2.27 for the year, up from their prior estimate of $2.10. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Halliburton’s current full-year earnings is $2.64 per share. Zacks Research also issued estimates for Halliburton’s Q4 2025 earnings at $0.54 EPS, Q1 2026 earnings at $0.47 EPS, Q2 2026 earnings at $0.49 EPS, Q3 2026 earnings at $0.54 EPS, Q4 2026 earnings at $0.54 EPS, FY2026 earnings at $2.04 EPS and Q3 2027 earnings at $0.64 EPS.

Halliburton (NYSE:HAL) last posted its earnings results on Tuesday, October 21st. The oilfield services company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.08. The business had revenue of $5.60 billion during the quarter, compared to analysts’ expectations of $5.39 billion. Halliburton had a return on equity of 20.12% and a net margin of 5.91%.Halliburton’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.73 EPS.

Several other equities research analysts also recently commented on HAL. Stifel Nicolaus set a $32.00 target price on shares of Halliburton in a research report on Wednesday, October 22nd. Barclays increased their price target on shares of Halliburton from $20.00 to $25.00 and gave the stock an “equal weight” rating in a report on Thursday, October 23rd. Redburn Partners set a $35.00 price objective on shares of Halliburton in a research report on Monday, November 3rd. Rothschild Redb upgraded shares of Halliburton to a “strong-buy” rating in a research note on Monday, November 3rd. Finally, Wells Fargo & Company reduced their price objective on Halliburton from $28.00 to $26.00 and set an “overweight” rating for the company in a research report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Halliburton presently has a consensus rating of “Moderate Buy” and an average target price of $31.48.

Halliburton Stock Performance

Shares of Halliburton stock traded up $0.57 on Thursday, hitting $27.50. The stock had a trading volume of 1,365,064 shares, compared to its average volume of 13,442,856. Halliburton has a twelve month low of $18.72 and a twelve month high of $32.57. The business’s 50 day moving average is $24.44 and its two-hundred day moving average is $22.38. The stock has a market cap of $23.14 billion, a price-to-earnings ratio of 18.21 and a beta of 1.03. The company has a quick ratio of 1.43, a current ratio of 1.95 and a debt-to-equity ratio of 0.70.

Institutional Investors Weigh In On Halliburton

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Cullen Frost Bankers Inc. acquired a new stake in Halliburton in the third quarter valued at approximately $25,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Halliburton during the 2nd quarter valued at $25,000. Stone House Investment Management LLC acquired a new position in shares of Halliburton in the 1st quarter valued at $30,000. Root Financial Partners LLC bought a new stake in Halliburton in the 3rd quarter valued at $32,000. Finally, Rakuten Securities Inc. raised its holdings in shares of 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. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Halliburton Company Profile

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.