Evolve Private Wealth LLC Invests $721,000 in Halliburton Company $HAL

Posted by Stanley Muller on Aug 25th, 2026

Evolve Private Wealth LLC bought a new stake in Halliburton Company (NYSE:HAL – Free Report) during the second quarter, Holdings Channel reports. The institutional investor bought 21,228 shares of the oilfield services company’s stock, valued at approximately $721,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Halliburton by 7.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,754 shares of the oilfield services company’s stock valued at $2,353,000 after purchasing an additional 6,507 shares during the period. Woodline Partners LP raised its holdings in shares of Halliburton by 39.0% in the first quarter. Woodline Partners LP now owns 73,341 shares of the oilfield services company’s stock valued at $1,861,000 after buying an additional 20,583 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of Halliburton by 25.0% during the first quarter. Focus Partners Wealth now owns 52,045 shares of the oilfield services company’s stock worth $1,320,000 after buying an additional 10,408 shares during the period. Intech Investment Management LLC boosted its stake in shares of Halliburton by 309.1% during the first quarter. Intech Investment Management LLC now owns 68,946 shares of the oilfield services company’s stock worth $1,749,000 after buying an additional 52,092 shares during the period. Finally, Acadian Asset Management LLC purchased a new position in shares of Halliburton during the first quarter worth about $895,000. Hedge funds and other institutional investors own 85.23% of the company’s stock.

Halliburton Stock Performance

NYSE:HAL opened at $34.63 on Tuesday. The company has a quick ratio of 1.50, a current ratio of 2.02 and a debt-to-equity ratio of 0.64. Halliburton Company has a fifty-two week low of $21.40 and a fifty-two week high of $43.59. The stock has a market cap of $28.85 billion, a PE ratio of 18.13, a price-to-earnings-growth ratio of 2.21 and a beta of 0.73. The firm’s fifty day simple moving average is $33.88 and its 200-day simple moving average is $36.54.

Halliburton (NYSE:HAL – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The oilfield services company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.54 by $0.01. Halliburton had a net margin of 7.16% and a return on equity of 18.71%. The firm had revenue of $5.71 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. Analysts expect that Halliburton Company will post 2.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

HAL has been the topic of several recent research reports. Argus dropped their price target on Halliburton from $45.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, July 23rd. Morgan Stanley decreased their price objective on Halliburton from $41.00 to $40.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Evercore reiterated an “outperform” rating and issued a $43.00 target price on shares of Halliburton in a research note on Wednesday, July 22nd. Wolfe Research began coverage on Halliburton in a report on Wednesday, July 8th. They issued a “peer perform” rating on the stock. Finally, Piper Sandler upgraded Halliburton from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $40.00 to $43.00 in a research note on Tuesday, July 14th. Eighteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Halliburton presently has a consensus rating of “Moderate Buy” and an average target price of $43.10.

Check Out Our Latest Report on HAL

Insider Transactions at Halliburton

In other Halliburton news, CFO Eric Carre sold 24,778 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $35.89, for a total transaction of $889,282.42. Following the sale, the chief financial officer directly owned 148,520 shares of the company’s stock, valued at $5,330,382.80. This trade represents a 14.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jeffrey Shannon 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 sale, the chief operating officer owned 118,730 shares of the company’s stock, valued at approximately $4,166,235.70. This trade represents a 30.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.57% of the company’s stock.

About Halliburton

(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.