Halliburton (NYSE:HAL) Coverage Initiated by Analysts at Wolfe Research

Posted by Stanley Muller on Jul 8th, 2026

Research analysts at Wolfe Research initiated coverage on shares of Halliburton (NYSE:HAL – Get Free Report) in a report released on Wednesday. The brokerage set a “peer perform” rating on the oilfield services company’s stock.

Other research analysts have also recently issued research reports about the company. BMO Capital Markets upped their price target on Halliburton from $42.00 to $45.00 and gave the company a “market perform” rating in a report on Wednesday, May 13th. Jefferies Financial Group restated a “buy” rating and issued a $47.00 target price on shares of Halliburton in a report on Sunday, April 26th. Griffin Securities raised Halliburton from a “neutral” rating to a “buy” rating and set a $47.00 target price on the stock in a research report on Wednesday, April 22nd. Wall Street Zen downgraded Halliburton from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 3rd. Finally, TD Cowen lifted their price target on Halliburton from $40.00 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Eighteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $43.18.

Check Out Our Latest Report on Halliburton

Halliburton Stock Performance

NYSE:HAL opened at $33.81 on Wednesday. The company has a 50-day moving average of $38.63 and a 200-day moving average of $35.94. The firm has a market cap of $28.25 billion, a price-to-earnings ratio of 18.58, a price-to-earnings-growth ratio of 1.43 and a beta of 0.71. The company has a current ratio of 2.08, a quick ratio of 1.54 and a debt-to-equity ratio of 0.65. Halliburton has a twelve month low of $20.17 and a twelve month high of $43.59.

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

Insider Transactions at Halliburton

In other Halliburton news, VP Timothy Mckeon sold 8,655 shares of the 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 completion of the sale, the vice president owned 72,976 shares in the company, valued at $3,064,992. This represents a 10.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Tobi M. Young sold 6,125 shares of Halliburton stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $41.72, for a total transaction of $255,535.00. Following the sale, the director directly owned 15,250 shares of the company’s stock, valued at $636,230. This trade represents a 28.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 258,255 shares of company stock worth $10,550,535. 0.57% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of HAL. Nvest Wealth Strategies Inc. bought a new stake in shares of Halliburton in the 4th quarter valued at approximately $25,000. Zions Bancorporation National Association UT lifted its stake in Halliburton by 196.4% in the fourth quarter. Zions Bancorporation National Association UT now owns 981 shares of the oilfield services company’s stock valued at $28,000 after acquiring an additional 650 shares during the last quarter. Hoey Investments Inc. acquired a new stake in Halliburton in the first quarter valued at approximately $39,000. Kelleher Financial Advisors bought a new stake in Halliburton in the third quarter worth approximately $25,000. Finally, Vestor Capital LLC acquired a new position in shares of Halliburton during the 1st quarter worth $41,000. 85.23% of the stock is owned by institutional investors and hedge funds.

Halliburton Company Profile

(Get 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.