Griffin Securities Boosts Earnings Estimates for Halliburton

Halliburton Company (NYSE:HAL) – Equities research analysts at Griffin Securities increased their Q1 2026 EPS estimates for shares of Halliburton in a report released on Sunday, November 9th. Griffin Securities analyst K. Simpson now forecasts that the oilfield services company will post earnings of $0.49 per share for the quarter, up from their previous estimate of $0.48. The consensus estimate for Halliburton’s current full-year earnings is $2.64 per share. Griffin Securities also issued estimates for Halliburton’s Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.56 EPS, Q4 2026 earnings at $0.60 EPS and FY2026 earnings at $2.14 EPS.

Other equities research analysts have also recently issued reports about the stock. Zacks Research upgraded shares of Halliburton from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 23rd. HSBC set a $30.00 price objective on shares of Halliburton and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Bank of America boosted their target price on Halliburton from $24.00 to $26.00 and gave the company a “buy” rating in a research report on Tuesday, October 14th. Rothschild & Co Redburn began coverage on Halliburton in a research report on Monday, November 3rd. They set a “buy” rating and a $35.00 price target for the company. Finally, Redburn Partners set a $35.00 price objective on Halliburton in a report on Monday, November 3rd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $31.48.

Halliburton Stock Performance

NYSE HAL opened at $28.07 on Wednesday. The stock has a fifty day simple moving average of $24.33 and a 200-day simple moving average of $22.34. The company has a current ratio of 1.95, a quick ratio of 1.43 and a debt-to-equity ratio of 0.70. The stock has a market cap of $23.62 billion, a PE ratio of 18.59 and a beta of 1.03. Halliburton has a twelve month low of $18.72 and a twelve month high of $32.57.

Halliburton (NYSE:HAL) last issued its quarterly earnings data on Tuesday, October 21st. The oilfield services company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.08. Halliburton had a return on equity of 20.12% and a net margin of 5.91%.The company had revenue of $5.60 billion during the quarter, compared to analyst estimates of $5.39 billion. During the same period in the prior year, the business posted $0.73 earnings per share. The firm’s revenue for the quarter was down 1.7% compared to the same quarter last year.

Hedge Funds Weigh In On Halliburton

Hedge funds have recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC purchased a new position in shares of Halliburton during the second quarter worth approximately $287,000. V Square Quantitative Management LLC boosted its stake in Halliburton by 82.1% during the 2nd quarter. V Square Quantitative Management LLC now owns 48,900 shares of the oilfield services company’s stock worth $997,000 after purchasing an additional 22,045 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in Halliburton by 42.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 308,099 shares of the oilfield services company’s stock worth $7,816,000 after purchasing an additional 91,791 shares during the last quarter. Perpetual Ltd increased its stake in Halliburton by 29.7% in the second quarter. Perpetual Ltd now owns 1,081,928 shares of the oilfield services company’s stock valued at $22,050,000 after purchasing an additional 248,015 shares during the period. Finally, Jump Financial LLC raised its holdings in shares of Halliburton by 2,895.2% in the first quarter. Jump Financial LLC now owns 756,150 shares of the oilfield services company’s stock valued at $19,184,000 after buying an additional 730,905 shares during the last quarter. 85.23% of the stock is currently owned by hedge funds and other institutional investors.

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.