Q1 EPS Estimates for Halliburton Cut by Atb Cap Markets

Halliburton (NYSE:HAL) – Equities researchers at Atb Cap Markets lowered 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 earn $0.67 per share for the quarter, down from their prior estimate 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 quarterly 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 firm had revenue of $5.70 billion for the quarter, compared to analysts’ expectations of $5.83 billion. Halliburton had a return on equity of 28.33% and a net margin of 11.04%. The firm’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same period last year, the business earned $0.79 earnings per share.

Several other research firms also recently commented on HAL. Wells Fargo & Company lowered their target price on shares of Halliburton from $46.00 to $39.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 25th. Royal Bank of Canada lowered Halliburton from an “outperform” rating to a “sector perform” rating and reduced their target price for the stock from $44.00 to $37.00 in a report on Friday, September 13th. Morgan Stanley dropped their price target on shares of Halliburton from $35.00 to $34.00 and set an “overweight” rating on the stock in a research report on Monday, November 18th. Benchmark reaffirmed a “buy” rating and set a $40.00 price objective on shares of Halliburton in a report on Friday, November 8th. Finally, Susquehanna lowered their target price on shares of Halliburton from $42.00 to $40.00 and set a “positive” rating on the stock in a research note on Friday, November 8th. Five investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $40.58.

Halliburton Price Performance

NYSE HAL opened at $28.68 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 stock has a market capitalization of $25.20 billion, a PE ratio of 9.99, a price-to-earnings-growth ratio of 3.61 and a beta of 1.90. Halliburton has a 12-month low of $27.26 and a 12-month high of $41.56. The company has a 50 day moving average price of $29.80 and a two-hundred day moving average price of $31.40.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Retirement Systems of Alabama increased its holdings in Halliburton by 0.3% in the 3rd quarter. Retirement Systems of Alabama now owns 195,873 shares of the oilfield services company’s stock valued at $5,690,000 after buying an additional 587 shares during the period. Franklin Resources Inc. boosted its position in shares of Halliburton by 244.5% during the 3rd quarter. Franklin Resources Inc. now owns 4,513,560 shares of the oilfield services company’s stock valued at $138,025,000 after acquiring an additional 3,203,224 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Halliburton in the third quarter valued at about $358,000. World Investment Advisors LLC raised its position in Halliburton by 49.5% in the third quarter. World Investment Advisors LLC now owns 9,161 shares of the oilfield services company’s stock worth $266,000 after purchasing an additional 3,032 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in Halliburton by 7.4% during the third quarter. Sanctuary Advisors LLC now owns 71,788 shares of the oilfield services company’s stock worth $2,293,000 after purchasing an additional 4,970 shares during the period. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Halliburton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 26th. Stockholders of record on Wednesday, December 4th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date is Wednesday, December 4th. Halliburton’s dividend payout ratio is presently 23.69%.

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.