Atb Cap Markets Reduces Earnings Estimates for Halliburton

Halliburton (NYSE:HAL) – Atb Cap Markets cut their Q1 2025 EPS estimates for Halliburton in a research note issued to investors on Tuesday, December 10th. Atb Cap Markets analyst W. Syed now forecasts that the oilfield services company will post earnings per share of $0.67 for the quarter, down from their prior forecast of $0.68. The consensus estimate for Halliburton’s current full-year earnings is $3.00 per share. Atb Cap Markets also issued estimates for Halliburton’s Q2 2025 earnings at $0.70 EPS, Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $0.75 EPS, FY2025 earnings at $2.85 EPS, Q1 2026 earnings at $0.70 EPS, Q2 2026 earnings at $0.76 EPS, Q3 2026 earnings at $0.82 EPS, FY2026 earnings at $3.06 EPS and FY2027 earnings at $3.27 EPS.

Halliburton (NYSE:HAL) last posted its earnings results on Thursday, November 7th. The oilfield services company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.75 by ($0.02). The company had revenue of $5.70 billion during the quarter, compared to analyst estimates of $5.83 billion. Halliburton had a net margin of 11.04% and a return on equity of 28.33%. The firm’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same quarter last year, the business posted $0.79 EPS.

A number of other equities analysts have also recently commented on the company. Wells Fargo & Company lowered their target price on Halliburton from $46.00 to $39.00 and set an “overweight” rating for the company in a report on Wednesday, September 25th. Benchmark reissued a “buy” rating and issued a $40.00 price objective on shares of Halliburton in a research note on Friday, November 8th. Barclays cut their target price on shares of Halliburton from $47.00 to $43.00 and set an “overweight” rating on the stock in a research note on Friday, November 8th. BMO Capital Markets decreased their price target on shares of Halliburton from $40.00 to $38.00 and set a “market perform” rating for the company in a research report on Thursday, October 10th. Finally, The Goldman Sachs Group cut their price objective on Halliburton from $47.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Five analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $40.58.

Halliburton Trading Down 1.1 %

HAL opened at $28.88 on Thursday. The company has a quick ratio of 1.62, a current ratio of 2.21 and a debt-to-equity ratio of 0.74. The firm has a market cap of $25.37 billion, a P/E ratio of 10.01, a P/E/G ratio of 3.56 and a beta of 1.90. Halliburton has a 52 week low of $27.26 and a 52 week high of $41.56. The business has a fifty day simple moving average of $29.84 and a 200-day simple moving average of $31.42.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Diversified Trust Co purchased a new stake in shares of Halliburton in the 2nd quarter valued at about $217,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Halliburton by 27.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 89,112 shares of the oilfield services company’s stock valued at $3,010,000 after acquiring an additional 19,454 shares during the period. ORG Partners LLC boosted its holdings in shares of Halliburton by 2,536.8% in the second quarter. ORG Partners LLC now owns 3,797 shares of the oilfield services company’s stock valued at $127,000 after acquiring an additional 3,653 shares during the period. Welch Group LLC grew its position in shares of Halliburton by 149.2% during the second quarter. Welch Group LLC now owns 12,839 shares of the oilfield services company’s stock worth $434,000 after acquiring an additional 7,686 shares during the last quarter. Finally, Fiduciary Financial Group LLC acquired a new position in shares of Halliburton in the 2nd quarter valued at $314,000. Institutional investors and hedge funds own 85.23% of the company’s stock.

Halliburton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Wednesday, December 4th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 2.35%. The ex-dividend date is Wednesday, December 4th. Halliburton’s payout ratio is 23.69%.

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.