Halliburton Company (NYSE:HAL) Stock Has Average Price Target of $43.24

Posted by Brenda Bartman on Sep 26th, 2026

Shares of Halliburton Company (NYSE:HAL – Get Free Report) have received an average recommendation of “Moderate Buy” from the twenty-five analysts that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and eighteen have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $43.24.

HAL has been the topic of several recent research reports. Citigroup raised their price target on Halliburton from $47.00 to $52.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. UBS Group increased their target price on Halliburton from $39.00 to $42.00 and gave the company a “neutral” rating in a research note on Monday, September 14th. Piper Sandler upgraded Halliburton from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $40.00 to $43.00 in a report on Tuesday, July 14th. BMO Capital Markets set a $37.00 target price on Halliburton in a research report on Wednesday, July 22nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Halliburton in a research note on Wednesday, July 8th.

Read Our Latest Stock Analysis on HAL

Halliburton Trading Down 0.1%

Shares of NYSE HAL opened at $32.73 on Friday. The company’s 50 day simple moving average is $34.22 and its 200 day simple moving average is $36.60. Halliburton has a fifty-two week low of $21.46 and a fifty-two week high of $43.59. The firm has a market capitalization of $27.27 billion, a P/E ratio of 17.14, a P/E/G ratio of 1.89 and a beta of 0.76. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.02 and a quick ratio of 1.50.

Halliburton (NYSE:HAL – Get Free Report) last released its earnings results on Tuesday, July 21st. The oilfield services company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.01. The firm had revenue of $5.71 billion during the quarter, compared to analyst estimates of $5.50 billion. Halliburton had a net margin of 7.16% and a return on equity of 18.71%. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.55 EPS. On average, analysts predict that Halliburton will post 2.34 EPS for the current year.

Halliburton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 2nd were issued a dividend of $0.17 per share. The ex-dividend date was Wednesday, September 2nd. This represents a $0.68 dividend on an annualized basis and a yield of 2.1%. Halliburton’s payout ratio is currently 35.60%.

Insider Buying and Selling

In other Halliburton news, COO Jeffrey Slocum sold 52,572 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $35.09, for a total value of $1,844,751.48. Following the completion of the sale, the chief operating officer owned 118,730 shares of the company’s stock, valued at approximately $4,166,235.70. This represents a 30.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On Halliburton

Institutional investors and hedge funds have recently made changes to their positions in the company. Meeder Asset Management Inc. bought a new stake in shares of Halliburton in the second quarter worth about $26,000. Kilter Group LLC bought a new position in shares of Halliburton during the 2nd quarter valued at about $26,000. Silvant Capital Management LLC acquired a new position in shares of Halliburton in the 2nd quarter valued at approximately $28,000. Matrix Trust Co acquired a new position in shares of Halliburton in the 2nd quarter valued at approximately $29,000. Finally, Hoey Investments Inc. bought a new stake in Halliburton during the 1st quarter worth approximately $39,000. Institutional investors and hedge funds own 85.23% of the company’s stock.

Halliburton Company Profile

(Get Free Report)

Halliburton Company (NYSE: HAL) is a global provider of products and services for the energy industry. The company supports oil and natural gas exploration, development and production across the life cycle of a well, serving both independent and national oil companies.

Halliburton operates through two principal business segments: Completion and Production, which provides cementing, stimulation, intervention and completion services; and Drilling and Evaluation, which offers drilling services, formation evaluation, well construction, project management and related technologies.