Zacks Research Equities Analysts Lower Earnings Estimates for Halliburton (NYSE:HAL)

Halliburton (NYSE:HAL) – Equities research analysts at Zacks Research reduced their Q1 2026 EPS estimates for shares of Halliburton in a research note issued to investors on Wednesday, October 9th. Zacks Research analyst R. Department now expects that the oilfield services company will post earnings of $0.83 per share for the quarter, down from their previous estimate of $0.90. The consensus estimate for Halliburton’s current full-year earnings is $3.13 per share. Zacks Research also issued estimates for Halliburton’s Q3 2026 earnings at $0.94 EPS and FY2026 earnings at $3.72 EPS.

HAL has been the subject of a number of other research reports. The Goldman Sachs Group cut their price target on shares of Halliburton from $47.00 to $40.00 and set a “buy” rating for the company in a research note on Thursday, August 29th. Wells Fargo & Company decreased their price target on Halliburton from $46.00 to $39.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 25th. JPMorgan Chase & Co. lowered their price target on Halliburton from $45.00 to $40.00 and set an “overweight” rating on the stock in a research report on Monday, July 22nd. Piper Sandler cut their price objective on Halliburton from $46.00 to $40.00 and set an “overweight” rating for the company in a report on Monday, July 22nd. Finally, Evercore ISI lowered their target price on shares of Halliburton from $52.00 to $48.00 and set an “outperform” rating on the stock in a report on Monday, July 22nd. Four analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $41.79.

Halliburton Stock Down 0.8 %

Shares of HAL stock opened at $30.58 on Monday. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.13 and a quick ratio of 1.54. The stock has a fifty day moving average price of $30.16 and a 200 day moving average price of $33.96. Halliburton has a one year low of $27.52 and a one year high of $43.85. The stock has a market cap of $27.07 billion, a P/E ratio of 10.58, a price-to-earnings-growth ratio of 1.04 and a beta of 1.88.

Halliburton (NYSE:HAL) last announced its quarterly earnings data on Friday, July 19th. The oilfield services company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. The company had revenue of $5.83 billion during the quarter, compared to the consensus estimate of $5.95 billion. Halliburton had a return on equity of 29.97% and a net margin of 11.61%. The company’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the company earned $0.77 EPS.

Halliburton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 4th were issued a $0.17 dividend. The ex-dividend date was Wednesday, September 4th. This represents a $0.68 annualized dividend and a yield of 2.22%. Halliburton’s dividend payout ratio is currently 23.53%.

Insider Buying and Selling at Halliburton

In other Halliburton news, EVP Van H. Beckwith sold 10,000 shares of the stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $36.75, for a total value of $367,500.00. Following the transaction, the executive vice president now owns 273,908 shares of the company’s stock, valued at approximately $10,066,119. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.61% of the company’s stock.

Institutional Trading of Halliburton

A number of large investors have recently made changes to their positions in the company. Creative Planning increased its holdings in shares of Halliburton by 11.9% in the third quarter. Creative Planning now owns 173,555 shares of the oilfield services company’s stock worth $5,042,000 after acquiring an additional 18,396 shares in the last quarter. Wesbanco Bank Inc. increased its stake in Halliburton by 20.0% during the 3rd quarter. Wesbanco Bank Inc. now owns 186,000 shares of the oilfield services company’s stock worth $5,403,000 after purchasing an additional 31,052 shares in the last quarter. Wedge Capital Management L L P NC raised its holdings in Halliburton by 0.3% during the 3rd quarter. Wedge Capital Management L L P NC now owns 716,360 shares of the oilfield services company’s stock worth $20,810,000 after buying an additional 2,276 shares during the period. ORG Wealth Partners LLC bought a new position in Halliburton in the third quarter valued at approximately $44,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Halliburton by 30.1% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 7,045 shares of the oilfield services company’s stock worth $205,000 after acquiring an additional 1,629 shares in the last quarter. Institutional investors own 85.23% of the company’s stock.

About Halliburton

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.