Quantitative Investment Management LLC Takes $2.30 Million Position in Halliburton Company $HAL

Posted by Francis Steltz on Sep 1st, 2026

Quantitative Investment Management LLC bought a new position in shares of Halliburton Company (NYSE:HAL – Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 67,716 shares of the oilfield services company’s stock, valued at approximately $2,298,000.

A number of other hedge funds also recently bought and sold shares of the business. Meeder Asset Management Inc. purchased a new stake in Halliburton in the 2nd quarter worth approximately $26,000. Kilter Group LLC purchased a new position in shares of Halliburton during the second quarter valued at approximately $26,000. Silvant Capital Management LLC purchased a new position in shares of Halliburton during the second quarter valued at approximately $28,000. Matrix Trust Co bought a new position in shares of Halliburton during the second quarter valued at approximately $29,000. Finally, Zions Bancorporation National Association UT raised its holdings in shares of Halliburton by 196.4% during the fourth quarter. Zions Bancorporation National Association UT now owns 981 shares of the oilfield services company’s stock valued at $28,000 after acquiring an additional 650 shares in the last quarter. Hedge funds and other institutional investors own 85.23% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HAL. Evercore reiterated an “outperform” rating and issued a $43.00 price target on shares of Halliburton in a report on Wednesday, July 22nd. Citigroup raised their target price on shares of Halliburton from $47.00 to $52.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Halliburton in a research note on Wednesday, July 8th. Capital One Financial boosted their price target on shares of Halliburton from $41.00 to $50.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. Finally, Piper Sandler upgraded Halliburton from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $40.00 to $43.00 in a report on Tuesday, July 14th. Eighteen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.10.

Read Our Latest Research Report on HAL

Insider Activity at Halliburton

In other news, CFO Eric Carre sold 24,778 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $35.89, for a total value of $889,282.42. Following the transaction, the chief financial officer directly owned 148,520 shares in the company, valued at $5,330,382.80. This trade represents a 14.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at 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 on Wednesday, August 19th. The stock was 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 directly owned 118,730 shares of the company’s stock, valued at $4,166,235.70. The trade was a 30.69% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.57% of the company’s stock.

Halliburton Stock Up 1.8%

NYSE:HAL opened at $36.82 on Tuesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.02 and a quick ratio of 1.50. The firm’s 50-day moving average price is $33.85 and its 200-day moving average price is $36.57. The company has a market capitalization of $30.68 billion, a PE ratio of 19.28, a P/E/G ratio of 2.27 and a beta of 0.73. Halliburton Company has a 1-year low of $21.40 and a 1-year high of $43.59.

Halliburton (NYSE:HAL – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The oilfield services company reported $0.55 EPS for the quarter, topping 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 business had revenue of $5.71 billion for the quarter, compared to analyst estimates of $5.50 billion. During the same quarter in the previous year, the firm posted $0.55 earnings per share. Halliburton’s quarterly revenue was up 3.7% on a year-over-year basis. On average, equities analysts predict that Halliburton Company will post 2.34 EPS for the current fiscal year.

Halliburton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 2nd will be given a dividend of $0.17 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $0.68 dividend on an annualized basis and a yield of 1.8%. Halliburton’s dividend payout ratio is 35.60%.

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.