Halliburton FY2025 EPS Decreased by Capital One Financial

Halliburton (NYSE:HAL) – Investment analysts at Capital One Financial reduced their FY2025 EPS estimates for shares of Halliburton in a note issued to investors on Thursday, January 23rd. Capital One Financial analyst D. Becker now anticipates that the oilfield services company will earn $2.60 per share for the year, down from their prior estimate of $3.08. The consensus estimate for Halliburton’s current full-year earnings is $2.94 per share.

Halliburton (NYSE:HAL) last announced its quarterly earnings results on Thursday, November 7th. The oilfield services company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates 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 10.90% and a return on equity of 26.03%. The firm’s quarterly revenue was down 1.8% on a year-over-year basis. During the same quarter last year, the company posted $0.79 EPS.

A number of other analysts also recently weighed in on HAL. Raymond James downgraded shares of Halliburton from a “strong-buy” rating to a “market perform” rating in a report on Monday, January 6th. Morgan Stanley lowered their price objective on shares of Halliburton from $35.00 to $34.00 and set an “overweight” rating for the company in a research report on Monday, November 18th. Susquehanna decreased their price target on shares of Halliburton from $42.00 to $40.00 and set a “positive” rating for the company in a research report on Friday, November 8th. Wells Fargo & Company decreased their price target on shares of Halliburton from $39.00 to $34.00 and set an “overweight” rating for the company in a research report on Tuesday, December 17th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Halliburton from $35.00 to $33.00 and set an “overweight” rating for the company in a research report on Thursday, January 2nd. Seven analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $37.42.

Halliburton Stock Performance

Shares of Halliburton stock opened at $27.27 on Monday. The company has a 50 day moving average of $28.81 and a 200-day moving average of $29.95. Halliburton has a 1-year low of $25.51 and a 1-year high of $41.56. The company has a current ratio of 2.05, a quick ratio of 1.62 and a debt-to-equity ratio of 0.68. The company has a market cap of $23.95 billion, a PE ratio of 9.63, a price-to-earnings-growth ratio of 3.58 and a beta of 1.91.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Franklin Resources Inc. boosted its holdings in Halliburton by 244.5% in 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 purchasing an additional 3,203,224 shares during the period. Pacer Advisors Inc. boosted its holdings in Halliburton by 23.1% in the 3rd quarter. Pacer Advisors Inc. now owns 16,782,174 shares of the oilfield services company’s stock valued at $487,522,000 after purchasing an additional 3,150,986 shares during the period. Thompson Siegel & Walmsley LLC bought a new position in Halliburton in the 3rd quarter valued at $55,132,000. Thrivent Financial for Lutherans boosted its holdings in Halliburton by 22.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 5,520,383 shares of the oilfield services company’s stock valued at $160,367,000 after purchasing an additional 995,649 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in shares of Halliburton by 127.2% during the 2nd quarter. AQR Capital Management LLC now owns 1,557,130 shares of the oilfield services company’s stock worth $52,600,000 after acquiring an additional 871,789 shares during the last quarter. 85.23% of the stock is currently owned by hedge funds and other institutional investors.

Halliburton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Wednesday, December 4th were paid a $0.17 dividend. The ex-dividend date was Wednesday, December 4th. This represents a $0.68 dividend on an annualized basis and a yield of 2.49%. Halliburton’s dividend payout ratio is 24.03%.

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.