South Dakota Investment Council Has $21.40 Million Position in Halliburton Company $HAL

Posted by Brian Himes on Jul 30th, 2026

South Dakota Investment Council lessened its holdings in Halliburton Company (NYSE:HAL – Free Report) by 20.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 548,909 shares of the oilfield services company’s stock after selling 138,068 shares during the period. South Dakota Investment Council’s holdings in Halliburton were worth $21,402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. Opal Capital LLC bought a new position in shares of Halliburton during the 1st quarter worth about $1,246,000. Amundi increased its stake in Halliburton by 28.2% in the first quarter. Amundi now owns 6,633,231 shares of the oilfield services company’s stock valued at $258,630,000 after acquiring an additional 1,457,773 shares during the period. EverSource Wealth Advisors LLC increased its stake in Halliburton by 22.4% in the first quarter. EverSource Wealth Advisors LLC now owns 57,789 shares of the oilfield services company’s stock valued at $2,253,000 after acquiring an additional 10,593 shares during the period. Empire Financial Management Company LLC raised its position in Halliburton by 2.7% in the first quarter. Empire Financial Management Company LLC now owns 80,705 shares of the oilfield services company’s stock worth $3,147,000 after purchasing an additional 2,101 shares in the last quarter. Finally, Readystate Asset Management LP acquired a new position in Halliburton in the first quarter worth about $7,317,000. Institutional investors and hedge funds own 85.23% of the company’s stock.

Insiders Place Their Bets

In other news, insider Michael Casey Maxwell sold 20,348 shares of Halliburton stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $41.89, for a total transaction of $852,377.72. Following the transaction, the insider directly owned 93,763 shares of the company’s stock, valued at $3,927,732.07. This trade represents a 17.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 on Friday, May 15th. The shares were 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 directly owned 146,186 shares of the company’s stock, 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. Over the last three months, insiders have sold 243,475 shares of company stock worth $9,931,490. Company insiders own 0.57% of the company’s stock.

Halliburton Stock Down 0.1%

NYSE:HAL opened at $31.19 on Thursday. The stock’s fifty day moving average price is $36.27 and its two-hundred day moving average price is $36.49. The company has a market cap of $25.98 billion, a price-to-earnings ratio of 16.33, a P/E/G ratio of 1.95 and a beta of 0.71. Halliburton Company has a 52-week low of $20.39 and a 52-week high of $43.59. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.50 and a current ratio of 2.02.

Halliburton (NYSE:HAL – Get Free Report) last issued its earnings results on Tuesday, July 21st. The oilfield services company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.54 by $0.01. The company had revenue of $5.71 billion during the quarter, compared to analysts’ expectations of $5.50 billion. Halliburton had a net margin of 7.16% and a return on equity of 18.71%. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS. On average, analysts anticipate that Halliburton Company will post 2.35 EPS for the current year.

Halliburton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 3rd were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, June 3rd. Halliburton’s dividend payout ratio is presently 35.60%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on HAL shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Halliburton in a report on Wednesday, July 8th. Royal Bank Of Canada increased their target price on Halliburton from $43.00 to $44.00 and gave the stock an “outperform” rating in a report on Wednesday, April 22nd. JPMorgan Chase & Co. raised their target price on Halliburton from $40.00 to $42.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Piper Sandler raised Halliburton from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $40.00 to $43.00 in a research note on Tuesday, July 14th. Finally, Evercore reiterated an “outperform” rating and issued a $43.00 price target on shares of Halliburton in a research report on Wednesday, July 22nd. Eighteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $43.10.

Get Our Latest Analysis on Halliburton

About Halliburton

(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.