Halliburton (NYSE:HAL) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Halliburton (NYSE:HAL) had its price target raised by equities researchers at BMO Capital Markets from $36.00 to $39.00 in a research note issued on Thursday, MarketBeat.com reports. The brokerage currently has a “market perform” rating on the oilfield services company’s stock. BMO Capital Markets’ target price indicates a potential upside of 14.80% from the company’s previous close.

Several other equities analysts have also recently issued reports on the stock. Royal Bank Of Canada restated an “outperform” rating and issued a $36.00 price target on shares of Halliburton in a research report on Thursday, January 15th. Bank of America boosted their price objective on shares of Halliburton from $24.00 to $26.00 and gave the stock a “buy” rating in a research note on Tuesday, October 14th. Rothschild & Co Redburn assumed coverage on Halliburton in a research report on Monday, November 3rd. They set a “buy” rating and a $35.00 target price for the company. JPMorgan Chase & Co. lifted their target price on Halliburton from $30.00 to $35.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, UBS Group increased their price target on Halliburton from $24.00 to $32.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.35.

Halliburton Price Performance

Halliburton stock opened at $33.97 on Thursday. The stock has a 50-day moving average price of $28.97 and a two-hundred day moving average price of $25.29. Halliburton has a 12 month low of $18.72 and a 12 month high of $35.55. The company has a market capitalization of $28.59 billion, a PE ratio of 22.50 and a beta of 0.78. The company has a current ratio of 2.04, a quick ratio of 1.43 and a debt-to-equity ratio of 0.68.

Halliburton (NYSE:HAL) last released its quarterly earnings data on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.15. The company had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.39 billion. Halliburton had a return on equity of 19.77% and a net margin of 5.78%.The firm’s revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.73 earnings per share. Analysts expect that Halliburton will post 2.64 EPS for the current year.

Insider Buying and Selling

In related news, insider Mark Richard sold 160,000 shares of Halliburton stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $27.77, for a total value of $4,443,200.00. Following the completion of the sale, the insider owned 452,374 shares of the company’s stock, valued at approximately $12,562,425.98. This trade represents a 26.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Van H. Beckwith sold 8,854 shares of the company’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $27.89, for a total transaction of $246,938.06. Following the transaction, the executive vice president owned 333,528 shares in the company, valued at approximately $9,302,095.92. The trade was a 2.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 268,854 shares of company stock worth $7,915,138 in the last ninety days. Corporate insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Halliburton

Several large investors have recently added to or reduced their stakes in HAL. Kelleher Financial Advisors purchased a new stake in Halliburton in the 3rd quarter valued at $25,000. Cullen Frost Bankers Inc. bought a new stake in shares of Halliburton in the third quarter valued at $25,000. GoalVest Advisory LLC bought a new position in Halliburton during the fourth quarter worth about $35,000. Newbridge Financial Services Group Inc. bought a new stake in Halliburton during the 2nd quarter valued at $25,000. Finally, Strive Asset Management LLC purchased a new position in Halliburton during the 3rd quarter valued at about $31,000. Institutional investors own 85.23% of the company’s stock.

More Halliburton News

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 beat and operational momentum — HAL topped EPS and revenue expectations, with improved margins and management emphasizing capital returns (buybacks/dividends) that support per-share value. MarketBeat: Halliburton Beat Expectations
• Positive Sentiment: Analyst upgrades and price-target raises — multiple firms (TD Cowen, Susquehanna, RBC, BMO, JPMorgan, Evercore, Stifel, Capital One) raised targets or ratings after results, signaling consensus sentiment lift and providing upward price catalysts. Benzinga: Analysts Increase Forecasts
• Positive Sentiment: New strategic initiatives — a $35M Halliburton–A*STAR lab in Singapore targets faster tech-enabled growth in Asia, supporting international revenue diversification and longer-term service/product improvements. SBR: Halliburton, A*STAR $35m lab
• Positive Sentiment: Venezuela opportunity — company comments and hiring activity point to a potential quick re-entry if cleared politically, which could materially expand international revenue. WSJ: Halliburton Prepares to Re-Enter Venezuela
• Neutral Sentiment: Options activity and new highs — large call buying and a 12-month high reflect elevated speculative and institutional interest, but they can amplify short-term volatility. AmericanBankingNews: Investors Buy Calls
• Neutral Sentiment: Macro/sector noise — broader energy-market swings and geopolitics (plus periodic headlines) create background volatility that can mask company fundamentals in the near term. SeeItMarket: Energy Stocks Steady Amid Macro Chaos
• Negative Sentiment: Profit nuance — while EPS beat, net income edged down year-over-year (reported net income decline), highlighting some margin or one-time items that temper the beat. Yahoo: Q4 net income falls 4.2%
• Negative Sentiment: Analyst downgrade — Zephirin Group cut HAL from Buy to Hold and trimmed its target to $28, flagging downside risk and reminding investors not all analysts are convinced upside is sustained. MarketScreener: Zephirin Downgrades HAL

Halliburton Company Profile

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.