Citizens & Northern Corp Lowers Stock Holdings in Halliburton Company $HAL

Citizens & Northern Corp reduced its position in Halliburton Company (NYSE:HAL) by 70.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,222 shares of the oilfield services company’s stock after selling 19,656 shares during the period. Citizens & Northern Corp’s holdings in Halliburton were worth $232,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nvest Wealth Strategies Inc. purchased a new stake in Halliburton in the 4th quarter worth approximately $25,000. Kelleher Financial Advisors purchased a new stake in shares of Halliburton during the 3rd quarter valued at $25,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Halliburton during the 3rd quarter valued at $25,000. GoalVest Advisory LLC purchased a new stake in shares of Halliburton during the 4th quarter valued at $35,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in shares of Halliburton during the 2nd quarter valued at $25,000. 85.23% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Timothy Mckeon sold 3,846 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $34.37, for a total transaction of $132,187.02. Following the completion of the sale, the vice president directly owned 81,631 shares of the company’s stock, valued at approximately $2,805,657.47. This represents a 4.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Margaret Katherine Banks sold 2,600 shares of the company’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $34.17, for a total transaction of $88,842.00. Following the sale, the director directly owned 14,043 shares of the company’s stock, valued at approximately $479,849.31. This trade represents a 15.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 189,960 shares of company stock worth $7,406,724 in the last quarter. Insiders own 0.57% of the company’s stock.

Halliburton Stock Up 1.4%

Shares of Halliburton stock opened at $39.65 on Friday. The company has a fifty day moving average price of $36.61 and a 200 day moving average price 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 Company has a twelve month low of $19.22 and a twelve month high of $41.18. The stock has a market cap of $33.11 billion, a price-to-earnings ratio of 21.78, a price-to-earnings-growth ratio of 1.73 and a beta of 0.68.

Halliburton (NYSE:HAL) last announced its quarterly earnings results on Tuesday, April 21st. The oilfield services company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. Halliburton had a net margin of 6.95% and a return on equity of 19.04%. The firm had revenue of $5.40 billion during the quarter, compared to analysts’ expectations of $5.37 billion. During the same period in the prior year, the company earned $0.60 EPS. The firm’s revenue was down .3% on a year-over-year basis. Equities research analysts forecast that Halliburton Company will post 2.19 earnings per share for the current fiscal year.

Halliburton Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, March 4th. Halliburton’s dividend payout ratio is 37.36%.

Analyst Ratings Changes

Several analysts have recently issued reports on HAL shares. Weiss Ratings reissued a “hold (c)” rating on shares of Halliburton in a research note on Friday, April 10th. BMO Capital Markets boosted their price objective on shares of Halliburton from $39.00 to $42.00 and gave the company a “market perform” rating in a research note on Wednesday, March 25th. Royal Bank Of Canada boosted their price objective on shares of Halliburton from $43.00 to $44.00 and gave the company an “outperform” rating in a research note on Wednesday. Zephirin Group boosted their price objective on shares of Halliburton from $30.00 to $31.00 and gave the company a “sell” rating in a research note on Wednesday. Finally, Griffin Securities raised shares of Halliburton from a “neutral” rating to a “buy” rating and set a $47.00 price objective for the company in a research note on Wednesday. Seventeen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Halliburton currently has a consensus rating of “Moderate Buy” and an average target price of $40.73.

Halliburton News Roundup

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

Halliburton Company Profile

Halliburton is one of the world’s largest providers of products and services to the energy industry, offering a broad portfolio that supports the lifecycle of oil and gas reservoirs from exploration and drilling through production and abandonment. Founded in 1919 by Erle P. Halliburton as an oil-well cementing company, the firm is headquartered in Houston, Texas and has developed into an integrated oilfield services company serving upstream operators globally.

The company’s activities encompass drilling and evaluation, well construction and completion, production enhancement and well intervention.