Janney Montgomery Scott LLC Has $6.98 Million Stock Position in Halliburton Company $HAL

Posted by Geri Gentry on Jul 4th, 2026

Janney Montgomery Scott LLC reduced its holdings in Halliburton Company (NYSE:HAL – Free Report) by 8.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 179,114 shares of the oilfield services company’s stock after selling 17,127 shares during the period. Janney Montgomery Scott LLC’s holdings in Halliburton were worth $6,984,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Contravisory Investment Management Inc. acquired a new stake in shares of Halliburton during the fourth quarter worth approximately $1,054,000. Impala Asset Management LLC acquired a new position in Halliburton in the 3rd quarter valued at approximately $2,091,000. QV Investors Inc. acquired a new position in Halliburton in the 4th quarter valued at approximately $3,195,000. Sanders Capital LLC lifted its position in Halliburton by 9.4% in the 3rd quarter. Sanders Capital LLC now owns 26,004,682 shares of the oilfield services company’s stock worth $639,715,000 after buying an additional 2,238,983 shares in the last quarter. Finally, ABN Amro Investment Solutions acquired a new stake in shares of Halliburton during the 4th quarter valued at $827,000. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Halliburton Stock Up 0.1%

HAL stock opened at $32.98 on Friday. The company has a current ratio of 2.08, a quick ratio of 1.54 and a debt-to-equity ratio of 0.65. Halliburton Company has a 1 year low of $20.17 and a 1 year high of $43.59. The company has a fifty day simple moving average of $38.90 and a 200 day simple moving average of $35.80. The firm has a market cap of $27.55 billion, a PE ratio of 18.12, a PEG ratio of 1.43 and a beta of 0.71.

Halliburton (NYSE:HAL – Get Free Report) last posted its earnings results on Tuesday, April 21st. The oilfield services company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.50 by $0.05. Halliburton had a net margin of 6.95% and a return on equity of 19.04%. The firm had revenue of $5.40 billion for the quarter, compared to the consensus estimate of $5.37 billion. During the same period in the prior year, the business posted $0.60 earnings per share. The business’s quarterly revenue was down .3% on a year-over-year basis. Sell-side analysts anticipate that Halliburton Company will post 2.34 EPS for the current fiscal year.

Halliburton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 3rd were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Wednesday, June 3rd. Halliburton’s dividend payout ratio is 37.36%.

Insider Activity at Halliburton

In related news, insider Michael Casey Maxwell sold 20,348 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $41.89, for a total value of $852,377.72. Following the completion of the sale, the insider directly owned 93,763 shares in the company, valued at approximately $3,927,732.07. The trade was a 17.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Timothy Mckeon sold 8,655 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $42.00, for a total value of $363,510.00. Following the sale, the vice president directly owned 72,976 shares of the company’s stock, valued at $3,064,992. The trade was a 10.60% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 258,255 shares of company stock worth $10,550,535 in the last 90 days. Insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades

HAL has been the topic of several research analyst reports. HSBC boosted their price target on shares of Halliburton from $40.00 to $46.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Barclays raised Halliburton from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $37.00 to $55.00 in a research report on Thursday, May 7th. Rothschild & Co Redburn boosted their target price on Halliburton from $40.00 to $49.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Morgan Stanley upped 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. Finally, Capital One Financial raised their price target on Halliburton from $41.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $43.32.

View Our Latest Report on HAL

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.