Halliburton (NYSE:HAL) CEO Jeffrey Allen Miller Sells 158,455 Shares

Halliburton Company (NYSE:HAL) CEO Jeffrey Allen Miller sold 158,455 shares of the stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $40.00, for a total value of $6,338,200.00. Following the transaction, the chief executive officer owned 1,013,027 shares in the company, valued at approximately $40,521,080. This trade represents a 13.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Jeffrey Allen Miller also recently made the following trade(s):

• On Friday, January 23rd, Jeffrey Allen Miller sold 171,200 shares of Halliburton stock. The shares were sold at an average price of $34.96, for a total value of $5,985,152.00.

Halliburton Stock Performance

HAL stock traded up $0.66 during trading hours on Thursday, hitting $38.66. 3,251,153 shares of the stock were exchanged, compared to its average volume of 15,809,036. Halliburton Company has a 12 month low of $18.72 and a 12 month high of $41.18. The company has a current ratio of 2.04, a quick ratio of 1.51 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $32.38 billion, a P/E ratio of 25.67, a P/E/G ratio of 2.38 and a beta of 0.73. The company has a 50-day simple moving average of $35.33 and a two-hundred day simple moving average of $29.85.

Halliburton (NYSE:HAL) last announced its earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.14. Halliburton had a net margin of 5.78% and a return on equity of 19.77%. The company had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.39 billion. During the same quarter in the previous year, the business posted $0.73 earnings per share. Halliburton’s quarterly revenue was up .8% on a year-over-year basis. On average, analysts forecast that Halliburton Company will post 2.64 earnings per share for the current fiscal year.

Halliburton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Wednesday, March 4th. Halliburton’s dividend payout ratio is presently 45.03%.

Key Stories Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Halliburton bought Sekal AS to expand its drilling automation capabilities, integrating Sekal’s DrillTronics with Halliburton’s LOGIX platform — a move that can strengthen margins, improve well construction efficiency and deepen HAL’s digital services offering. Halliburton Buys Sekal As Investors Weigh Automation And Valuation Upside
• Positive Sentiment: Multiple trade press reports frame the Sekal deal as a deliberate push to “turbocharge” drilling automation and safety, reinforcing Halliburton’s product differentiation in a competitive oilfield services market. Halliburton Buys Sekal To Turbocharge Drilling Automation
• Neutral Sentiment: Coverage noting Halliburton’s role in oilfield lifecycle and index/fund positioning highlights steady institutional exposure but is unlikely to drive immediate price moves. Halliburton Anchors Oilfield Lifecycle Services In S&P 500 Fund
• Neutral Sentiment: Analyst and comparison pieces contrast HAL with peers and review fundamentals; these contextual pieces inform medium-term sentiment but don’t present new, market-moving data. Halliburton (HAL) vs. Its Competitors Financial Contrast
• Negative Sentiment: The stock slid after the Sekal announcement, with traders signaling concern over near-term costs, integration risk and whether the deal justifies current valuation after a run toward 12‑month highs. Short‑term selling pressure followed the headlines. Halliburton (HAL) Stock Slides as Market Rises
• Negative Sentiment: Short reports and market summaries explicitly link today’s downward move to the Sekal purchase and investor questions about deal pricing and timing. Halliburton Down After Buying Sekal from Sumitomo

Institutional Investors Weigh In On Halliburton

Several institutional investors and hedge funds have recently added to or reduced their stakes in HAL. Contravisory Investment Management Inc. bought a new position in Halliburton in the 4th quarter valued at approximately $1,054,000. Bank of New York Mellon Corp increased its holdings in shares of Halliburton by 1.7% during the third quarter. Bank of New York Mellon Corp now owns 5,929,285 shares of the oilfield services company’s stock worth $145,860,000 after buying an additional 96,394 shares in the last quarter. Ritholtz Wealth Management acquired a new position in shares of Halliburton during the third quarter worth $1,775,000. Tejara Capital Ltd lifted its stake in shares of Halliburton by 98.8% in the 3rd quarter. Tejara Capital Ltd now owns 134,365 shares of the oilfield services company’s stock valued at $3,305,000 after acquiring an additional 66,765 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its holdings in shares of Halliburton by 12.8% during the 3rd quarter. New York State Common Retirement Fund now owns 1,645,526 shares of the oilfield services company’s stock valued at $40,480,000 after acquiring an additional 186,105 shares in the last quarter. 85.23% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on HAL. Rothschild & Co Redburn boosted their price target on Halliburton from $35.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Royal Bank Of Canada lifted their price objective on Halliburton from $36.00 to $38.00 and gave the company an “outperform” rating in a report on Thursday, January 22nd. Wall Street Zen downgraded Halliburton from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 28th. Weiss Ratings reissued a “hold (c-)” rating on shares of Halliburton in a report on Monday, December 29th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $39.00 price target on shares of Halliburton in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $36.05.

Halliburton Company Profile

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.