Halliburton Company $HAL Stake Reduced by Robeco Institutional Asset Management B.V.

Posted by Francis Steltz on Oct 23rd, 2026

Robeco Institutional Asset Management B.V. lowered its holdings in Halliburton Company (NYSE:HAL – Free Report) by 40.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,221,474 shares of the oilfield services company’s stock after selling 1,479,569 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.27% of Halliburton worth $70,643,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Halliburton during the 2nd quarter worth about $2,812,327,000. State Street Corp grew its holdings in shares of Halliburton by 4.5% in the 2nd quarter. State Street Corp now owns 56,870,444 shares of the oilfield services company’s stock valued at $1,930,752,000 after acquiring an additional 2,463,137 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Halliburton by 4.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 9,502,988 shares of the oilfield services company’s stock valued at $370,556,000 after acquiring an additional 367,701 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Halliburton in the 2nd quarter valued at about $345,941,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Halliburton in the second quarter valued at about $337,486,000. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Halliburton

In related news, COO Jeffrey Slocum sold 52,572 shares of Halliburton stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $35.09, for a total transaction of $1,844,751.48. Following the completion of the transaction, the chief operating officer owned 118,730 shares in the company, valued at approximately $4,166,235.70. This trade represents a 30.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.57% of the company’s stock.

Wall Street Analyst Weigh In

HAL has been the topic of several analyst reports. UBS Group dropped their target price on Halliburton from $42.00 to $41.00 and set a “neutral” rating on the stock in a report on Thursday. Freedom Capital raised Halliburton from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 22nd. TD Cowen restated a “buy” rating on shares of Halliburton in a research note on Tuesday. Susquehanna decreased their price target on Halliburton from $45.00 to $42.00 and set a “positive” rating for the company in a research note on Wednesday, July 8th. Finally, Freedom Broker raised Halliburton from a “hold” rating to a “buy” rating and boosted their price target for the stock from $37.00 to $40.00 in a research report on Thursday. Eighteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $43.86.

Read Our Latest Analysis on Halliburton

Key Headlines Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

Positive Sentiment: Halliburton reported third-quarter adjusted EPS of $0.60 and revenue of $5.70 billion, exceeding analyst estimates of $0.58 and $5.58 billion, respectively. Revenue increased 1.8% year over year. HAL Q3 2026 Deep Dive: International Growth and Margin Expansion Shape Halliburton’s Outlook
Positive Sentiment: International and offshore operations continued to support results, while improving margins and a preliminary 2027 outlook provided investors with a longer-term growth narrative. J.P. Morgan maintained a Buy rating, citing international growth, margin expansion potential and valuation. Halliburton: Buy Rating Backed by Strong International Growth, Margin Expansion Outlook, and Attractive Valuation
Positive Sentiment: Analyst sentiment was mixed but included several constructive updates: RBC raised its price target to $46 and Freedom Broker upgraded Halliburton from Hold to Buy with a $40 target. These Analysts Revise Their Forecasts On Halliburton Following Q3 Results
Neutral Sentiment: Heavy call-option activity suggests some traders are positioning for a rebound, although options activity is speculative and does not necessarily indicate improving fundamentals. Stock Traders Buy High Volume of Call Options on Halliburton
Negative Sentiment: The earnings beat did not fully satisfy investors: third-quarter EBITDA missed expectations, and questions about cash-flow generation overshadowed the revenue and EPS results. Barclays also reduced its price target to $51. Halliburton’s Q3 EBITDA Miss Offset by Preliminary 2027 Outlook, RBC Says
Negative Sentiment: Investors remain focused on potential geopolitical and regional risks, including uncertainty involving Venezuela and possible Middle East disruptions, which could affect customer activity and Halliburton’s outlook. Halliburton Earnings: Headwinds Today, Venezuela Tomorrow, Middle East Eventually

Halliburton Stock Performance

Shares of HAL stock opened at $33.14 on Friday. The company has a fifty day moving average price of $34.23 and a two-hundred day moving average price of $36.02. Halliburton Company has a one year low of $24.92 and a one year high of $43.59. The stock has a market cap of $27.61 billion, a P/E ratio of 13.87, a P/E/G ratio of 1.98 and a beta of 0.83. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.02 and a quick ratio of 1.50.

Halliburton (NYSE:HAL – Get Free Report) last released its quarterly earnings data on Tuesday, October 20th. The oilfield services company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.02. The company had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.58 billion. Halliburton had a net margin of 8.90% and a return on equity of 18.36%. Halliburton’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.58 EPS. As a group, equities analysts predict that Halliburton Company will post 2.32 EPS for the current year.

Halliburton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 2nd were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 2.1%. The ex-dividend date was Wednesday, September 2nd. Halliburton’s dividend payout ratio (DPR) is 35.60%.

Halliburton Profile

(Free Report)

Halliburton Company (NYSE: HAL) is a global provider of products and services for the energy industry. The company supports the exploration, development, and production of oil and natural gas through technologies and services used throughout the life cycle of a well.

Halliburton operates through two primary business segments: Completion and Production, and Drilling and Evaluation. Its offerings include cementing, stimulation, well completion, production enhancement, drilling services, drilling fluids, well testing, wireline and perforating services, formation evaluation, and project management.