Halliburton (NYSE:HAL) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Halliburton (NYSE:HAL) had its target price boosted by JPMorgan Chase & Co. from $30.00 to $35.00 in a report released on Thursday, MarketBeat.com reports. The firm presently has an “overweight” rating on the oilfield services company’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 3.02% from the company’s current price.

A number of other equities research analysts have also commented on HAL. Barclays upped their price target on Halliburton from $25.00 to $30.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 16th. Bank of America upped their target price on Halliburton from $24.00 to $26.00 and gave the company a “buy” rating in a report on Tuesday, October 14th. Weiss Ratings reissued a “hold (c-)” rating on shares of Halliburton in a research report on Monday, December 29th. Zephirin Group boosted their price target on shares of Halliburton from $27.00 to $28.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $36.00 price objective on shares of Halliburton in a research report on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $34.35.

Halliburton Price Performance

Shares of HAL stock opened at $33.97 on Thursday. The business has a fifty day simple moving average of $28.97 and a 200 day simple moving average of $25.29. The company has a market cap of $28.59 billion, a P/E ratio of 22.50 and a beta of 0.78. The company has a quick ratio of 1.43, a current ratio of 2.04 and a debt-to-equity ratio of 0.68. Halliburton has a twelve month low of $18.72 and a twelve month high of $35.55.

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

Insider Activity at Halliburton

In other Halliburton news, insider Mark Richard sold 160,000 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $27.77, for a total transaction of $4,443,200.00. Following the transaction, the insider directly owned 452,374 shares in the company, valued at approximately $12,562,425.98. This trade represents a 26.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Lawrence J. Pope sold 100,000 shares of Halliburton stock in a transaction on Monday, January 5th. The stock was sold at an average price of $32.25, for a total transaction of $3,225,000.00. Following the transaction, the executive vice president directly owned 419,800 shares in the company, valued at $13,538,550. This represents a 19.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 268,854 shares of company stock valued at $7,915,138 over the last 90 days. Insiders own 0.56% of the company’s stock.

Institutional Trading of Halliburton

Several institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its holdings in Halliburton by 81.7% during the fourth quarter. Farther Finance Advisors LLC now owns 14,129 shares of the oilfield services company’s stock worth $399,000 after purchasing an additional 6,351 shares during the last quarter. Bridgewater Advisors Inc. bought a new position in shares of Halliburton during the 4th quarter worth approximately $203,000. Sage Mountain Advisors LLC boosted its stake in shares of Halliburton by 9.3% in the 4th quarter. Sage Mountain Advisors LLC now owns 13,979 shares of the oilfield services company’s stock worth $395,000 after buying an additional 1,185 shares during the last quarter. Guidance Capital Inc. increased its position in shares of Halliburton by 2.2% during the fourth quarter. Guidance Capital Inc. now owns 23,191 shares of the oilfield services company’s stock valued at $655,000 after acquiring an additional 493 shares during the last quarter. Finally, BSW Wealth Partners purchased a new stake in shares of Halliburton during the fourth quarter valued at approximately $277,000. Hedge funds and other institutional investors own 85.23% of the company’s stock.

Trending Headlines about Halliburton

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

About Halliburton

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.