Geode Capital Management LLC Has $627.43 Million Stock Position in Halliburton Company $HAL

Posted by Brenda Bartman on May 31st, 2026

Geode Capital Management LLC lowered its stake in Halliburton Company (NYSE:HAL – Free Report) by 0.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 22,288,010 shares of the oilfield services company’s stock after selling 149,190 shares during the period. Geode Capital Management LLC’s holdings in Halliburton were worth $627,428,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in HAL. Cullen Frost Bankers Inc. acquired a new stake in Halliburton in the third quarter valued at approximately $25,000. Nvest Wealth Strategies Inc. acquired a new stake in Halliburton in the fourth quarter valued at approximately $25,000. Kelleher Financial Advisors acquired a new stake in Halliburton in the third quarter valued at approximately $25,000. Newbridge Financial Services Group Inc. acquired a new stake in Halliburton in the second quarter valued at approximately $25,000. Finally, Strive Asset Management LLC acquired a new stake in Halliburton in the third quarter valued at approximately $31,000. Institutional investors and hedge funds own 85.23% of the company’s stock.

Analyst Ratings Changes

HAL has been the topic of a number of research analyst reports. TD Cowen raised their target price on shares of Halliburton from $40.00 to $48.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. UBS Group lifted their price target on shares of Halliburton from $35.00 to $39.00 and gave the stock a “neutral” rating in a report on Tuesday, April 7th. The Goldman Sachs Group lifted their price target on shares of Halliburton from $40.00 to $44.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Halliburton in a report on Friday, April 10th. Finally, Barclays upgraded shares of Halliburton from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $37.00 to $55.00 in a report on Thursday, May 7th. Eighteen equities research 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’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $43.05.

Check Out Our Latest Stock Analysis on HAL

Halliburton Price Performance

Shares of NYSE:HAL opened at $38.76 on Friday. The firm has a market cap of $32.38 billion, a PE ratio of 21.29, a price-to-earnings-growth ratio of 1.68 and a beta of 0.73. The firm’s fifty day moving average is $39.50 and its 200-day moving average is $34.10. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.54 and a current ratio of 2.08. Halliburton Company has a 52 week low of $19.44 and a 52 week high of $43.59.

Halliburton (NYSE:HAL – Get Free Report) last issued its quarterly 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 company had revenue of $5.40 billion for the quarter, compared to analyst estimates of $5.37 billion. Halliburton had a net margin of 6.95% and a return on equity of 19.04%. Halliburton’s revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.60 earnings per share. Sell-side analysts predict that Halliburton Company will post 2.34 earnings per share for the current year.

Halliburton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 24th. Investors of record on Wednesday, June 3rd will be issued a $0.17 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $0.68 annualized dividend and a yield of 1.8%. Halliburton’s payout ratio is presently 37.36%.

Insiders Place Their Bets

In related news, CEO Jeffrey Allen Miller sold 158,455 shares of the business’s stock in a transaction on Friday, March 27th. The shares were sold at an average price of $40.00, for a total value of $6,338,200.00. Following the transaction, the chief executive officer owned 1,013,027 shares in the company, valued at $40,521,080. The trade was a 13.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Tobi M. Young sold 6,125 shares of the business’s 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 completion of the transaction, the director owned 15,250 shares in the company, valued at approximately $636,230. The trade was a 28.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 420,837 shares of company stock valued at $16,979,135 over the last quarter. Company insiders own 0.57% of the company’s stock.

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.