Halliburton Company $HAL Shares Bought by Kentucky Retirement Systems

Posted by Stanley Muller on Jul 31st, 2026

Kentucky Retirement Systems lifted its position in shares of Halliburton Company (NYSE:HAL – Free Report) by 30.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 70,031 shares of the oilfield services company’s stock after acquiring an additional 16,207 shares during the period. Kentucky Retirement Systems’ holdings in Halliburton were worth $2,731,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of HAL. Nvest Wealth Strategies Inc. acquired a new position in Halliburton during the 4th quarter valued at about $25,000. Zions Bancorporation National Association UT increased its stake in shares of 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 purchasing an additional 650 shares during the period. Hoey Investments Inc. acquired a new stake in shares of Halliburton in the first quarter valued at approximately $39,000. Kelleher Financial Advisors bought a new stake in shares of Halliburton during the third quarter valued at approximately $25,000. Finally, Raleigh Capital Management Inc. raised its holdings in shares of Halliburton by 6,364.7% during the first quarter. Raleigh Capital Management Inc. now owns 1,099 shares of the oilfield services company’s stock valued at $43,000 after buying an additional 1,082 shares during the last quarter. Institutional investors and hedge funds own 85.23% of the company’s stock.

Insider Activity

In related news, insider Michael Casey Maxwell sold 20,348 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $41.89, for a total transaction of $852,377.72. Following the completion of the transaction, the insider 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 filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Van H. Beckwith sold 198,349 shares of Halliburton stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $41.29, for a total value of $8,189,830.21. Following the transaction, the executive vice president directly owned 146,186 shares in the company, valued at approximately $6,036,019.94. The trade was a 57.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 243,475 shares of company stock worth $9,931,490. 0.57% of the stock is owned by company insiders.

Halliburton Trading Up 1.5%

Shares of NYSE:HAL opened at $31.66 on Friday. The company has a 50 day moving average of $36.06 and a 200-day moving average of $36.49. The company has a current ratio of 2.02, a quick ratio of 1.50 and a debt-to-equity ratio of 0.64. The firm has a market cap of $26.37 billion, a P/E ratio of 16.57, a P/E/G ratio of 1.95 and a beta of 0.71. Halliburton Company has a twelve month low of $20.39 and a twelve month high of $43.59.

Halliburton (NYSE:HAL – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The oilfield services company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. Halliburton had a net margin of 7.16% and a return on equity of 18.71%. The business had revenue of $5.71 billion for the quarter, compared to analyst estimates of $5.50 billion. During the same quarter last year, the business earned $0.55 earnings per share. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. As a group, analysts anticipate that Halliburton Company will post 2.35 earnings per share for the current fiscal year.

Halliburton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 3rd were given a dividend of $0.17 per share. The ex-dividend date was Wednesday, June 3rd. This represents a $0.68 annualized dividend and a dividend yield of 2.1%. Halliburton’s dividend payout ratio (DPR) is 35.60%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on HAL shares. Wall Street Zen downgraded Halliburton from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Citigroup raised their target price on Halliburton from $47.00 to $52.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. JPMorgan Chase & Co. lifted their target price on Halliburton from $40.00 to $42.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Griffin Securities upgraded Halliburton from a “neutral” rating to a “buy” rating and set a $47.00 price target for the company in a research report on Wednesday, April 22nd. Finally, Barclays decreased their price target on Halliburton from $55.00 to $53.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Eighteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $43.10.

Read Our Latest Stock Report on HAL

Key Stories Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

Positive Sentiment: Halliburton signed a non-binding memorandum of understanding with Beetaloo Energy to help advance a proposed gas-to-power project linked to an artificial-intelligence data center in Australia’s Northern Territory. The potential work could involve Halliburton supporting gas development and a natural-gas power plant, creating exposure to rising energy demand from data centers. Reuters article
Positive Sentiment: The Beetaloo agreement expands Halliburton’s potential role beyond traditional oilfield services into gas infrastructure supporting AI-related electricity demand. However, the agreement is preliminary and does not yet represent a firm contract or meaningful near-term revenue contribution. Beetaloo Energy MOU article
Neutral Sentiment: Positive results from oilfield-equipment peer NOV and strong production at Expand Energy suggest some resilience across the broader energy-services and production markets. Nevertheless, these companies’ results have limited direct impact on Halliburton’s earnings. NOV earnings article
Negative Sentiment: UBS said Halliburton’s softer third-quarter guidance is weighing on the stock. The cautious outlook raises concerns about near-term earnings momentum despite Halliburton’s recent quarterly earnings and revenue beat, leaving investors focused on weaker operating conditions and the timing of any recovery. Halliburton soft Q3 guidance article

Halliburton 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.