Cibc World Market Inc. Buys 599,738 Shares of Halliburton Company $HAL

Posted by Francis Steltz on Jun 6th, 2026

Cibc World Market Inc. grew its stake in Halliburton Company (NYSE:HAL – Free Report) by 250.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 839,242 shares of the oilfield services company’s stock after purchasing an additional 599,738 shares during the quarter. Cibc World Market Inc.’s holdings in Halliburton were worth $23,717,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Halliburton by 7.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,754 shares of the oilfield services company’s stock worth $2,353,000 after acquiring an additional 6,507 shares during the period. Woodline Partners LP increased its position in Halliburton by 39.0% during the first quarter. Woodline Partners LP now owns 73,341 shares of the oilfield services company’s stock worth $1,861,000 after acquiring an additional 20,583 shares during the period. Focus Partners Wealth increased its position in Halliburton by 25.0% during the first quarter. Focus Partners Wealth now owns 52,045 shares of the oilfield services company’s stock worth $1,320,000 after acquiring an additional 10,408 shares during the period. Intech Investment Management LLC increased its position in Halliburton by 309.1% during the first quarter. Intech Investment Management LLC now owns 68,946 shares of the oilfield services company’s stock worth $1,749,000 after acquiring an additional 52,092 shares during the period. Finally, Acadian Asset Management LLC bought a new position in Halliburton during the first quarter worth about $895,000. 85.23% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on HAL shares. Wall Street Zen lowered shares of Halliburton from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 3rd. UBS Group raised their price target on shares of Halliburton from $35.00 to $39.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 7th. Susquehanna raised their price target on shares of Halliburton from $40.00 to $45.00 and gave the stock a “positive” rating in a research report on Tuesday, April 7th. Capital One Financial raised their price target on shares of Halliburton from $41.00 to $50.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Finally, The Goldman Sachs Group raised their price target on shares of Halliburton from $40.00 to $44.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Eighteen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.27.

View Our Latest Stock Analysis on Halliburton

Insider Transactions at Halliburton

In other news, VP Timothy Mckeon sold 8,655 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $42.00, for a total value of $363,510.00. Following the transaction, the vice president owned 72,976 shares in the company, valued at approximately $3,064,992. The trade was a 10.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Van H. Beckwith sold 198,349 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $41.29, for a total transaction of $8,189,830.21. Following the completion of the transaction, the executive vice president owned 146,186 shares in the company, valued at $6,036,019.94. This trade represents a 57.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 416,991 shares of company stock worth $16,846,948. Company insiders own 0.57% of the company’s stock.

Halliburton Stock Down 5.1%

NYSE:HAL opened at $39.12 on Friday. The firm’s 50 day simple moving average is $39.77 and its 200 day simple moving average is $34.55. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.08 and a quick ratio of 1.54. Halliburton Company has a one year low of $20.09 and a one year high of $43.59. The company has a market cap of $32.68 billion, a PE ratio of 21.49, a P/E/G ratio of 1.78 and a beta of 0.69.

Halliburton (NYSE:HAL – Get Free Report) last posted its earnings results on Tuesday, April 21st. The oilfield services company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.50 by $0.05. Halliburton had a net margin of 6.95% and a return on equity of 19.04%. The business had revenue of $5.40 billion for the quarter, compared to the consensus estimate of $5.37 billion. During the same period last year, the company earned $0.60 EPS. The firm’s revenue was down .3% compared to the same quarter last year. On average, research analysts anticipate that Halliburton Company will post 2.34 earnings per share for the current year.

Halliburton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 3rd will be given a $0.17 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.7%. Halliburton’s payout ratio is 37.36%.

Halliburton Company Profile

(Free Report)

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.