Griffin Securities Weighs in on Halliburton Q1 Earnings

Halliburton (NYSE:HAL) – Research analysts at Griffin Securities dropped their Q1 2025 earnings per share (EPS) estimates for shares of Halliburton in a research note issued to investors on Monday, January 27th. Griffin Securities analyst K. Simpson now expects that the oilfield services company will post earnings per share of $0.59 for the quarter, down from their prior forecast of $0.69. Griffin Securities has a “Neutral” rating on the stock. The consensus estimate for Halliburton’s current full-year earnings is $2.94 per share. Griffin Securities also issued estimates for Halliburton’s Q2 2025 earnings at $0.60 EPS, Q3 2025 earnings at $0.63 EPS and Q4 2025 earnings at $0.68 EPS.

Halliburton (NYSE:HAL) last announced its earnings results on Thursday, November 7th. The oilfield services company reported $0.73 earnings per share for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.02). The business had revenue of $5.70 billion during the quarter, compared to analyst estimates of $5.83 billion. Halliburton had a net margin of 10.90% and a return on equity of 26.03%. The business’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.79 earnings per share.

Other analysts have also issued research reports about the stock. Jefferies Financial Group lowered their price target on shares of Halliburton from $43.00 to $41.00 and set a “buy” rating for the company in a report on Friday, January 3rd. Wells Fargo & Company lowered their target price on Halliburton from $39.00 to $34.00 and set an “overweight” rating for the company in a research note on Tuesday, December 17th. Benchmark cut their price target on Halliburton from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday, January 23rd. Piper Sandler initiated coverage on Halliburton in a research report on Thursday, December 19th. They issued an “overweight” rating and a $36.00 price objective for the company. Finally, Susquehanna cut their target price on shares of Halliburton from $42.00 to $40.00 and set a “positive” rating on the stock in a research report on Friday, November 8th. Seven investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, Halliburton currently has an average rating of “Moderate Buy” and an average price target of $37.42.

Halliburton Trading Up 0.5 %

HAL opened at $26.51 on Wednesday. Halliburton has a 1-year low of $25.51 and a 1-year high of $41.56. The firm has a 50-day moving average price of $28.58 and a two-hundred day moving average price of $29.83. The stock has a market capitalization of $23.28 billion, a PE ratio of 9.37, a PEG ratio of 3.58 and a beta of 1.91. The company has a current ratio of 2.05, a quick ratio of 1.62 and a debt-to-equity ratio of 0.68.

Halliburton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Wednesday, December 4th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend was Wednesday, December 4th. Halliburton’s payout ratio is presently 24.03%.

Hedge Funds Weigh In On Halliburton

Several institutional investors have recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in Halliburton by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 20,630,361 shares of the oilfield services company’s stock worth $597,234,000 after buying an additional 172,505 shares during the period. Pacer Advisors Inc. increased its position in shares of Halliburton by 10.4% during the fourth quarter. Pacer Advisors Inc. now owns 18,530,937 shares of the oilfield services company’s stock worth $503,856,000 after acquiring an additional 1,748,763 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Halliburton by 2.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,742,352 shares of the oilfield services company’s stock worth $166,815,000 after acquiring an additional 115,504 shares during the period. Thrivent Financial for Lutherans lifted its position in Halliburton by 22.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 5,520,383 shares of the oilfield services company’s stock valued at $160,367,000 after acquiring an additional 995,649 shares in the last quarter. Finally, Van ECK Associates Corp boosted its stake in Halliburton by 31.3% in the 4th quarter. Van ECK Associates Corp now owns 5,100,693 shares of the oilfield services company’s stock worth $138,688,000 after purchasing an additional 1,214,586 shares during the period. Institutional investors own 85.23% of the company’s stock.

Halliburton Company Profile

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.