147,554 Shares in Halliburton Company $HAL Purchased by SEB Asset Management AB

SEB Asset Management AB purchased a new stake in Halliburton Company (NYSE:HAL) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 147,554 shares of the oilfield services company’s stock, valued at approximately $5,753,000.

A number of other hedge funds also recently modified their holdings of HAL. Nvest Wealth Strategies Inc. acquired a new stake in shares of Halliburton during the 4th quarter worth approximately $25,000. Kelleher Financial Advisors acquired a new position in shares of Halliburton in the third quarter valued at $25,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Halliburton in the second quarter valued at $25,000. Zions Bancorporation National Association UT lifted its position in Halliburton by 196.4% in the fourth quarter. Zions Bancorporation National Association UT now owns 981 shares of the oilfield services company’s stock worth $28,000 after purchasing an additional 650 shares during the period. Finally, Strive Asset Management LLC bought a new position in Halliburton in the third quarter worth $31,000. Institutional investors own 85.23% of the company’s stock.

Halliburton News Roundup

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Halliburton reported Q2 adjusted EPS of $0.55 on revenue of $5.71 billion, both ahead of expectations, with revenue up year over year and strong international demand helping results. Halliburton Announces Second Quarter 2026 Results
• Positive Sentiment: The company said international revenue hit a 10-year high and management highlighted margin expansion and confidence in continued growth, which supports the longer-term outlook. Halliburton Tops Estimates as International Demand Strengthens
• Positive Sentiment: Halliburton won a multi-year contract from Kuwait Oil Company to help develop the Ahmadi Innovation Valley, adding to its international project momentum. Kuwait Oil Company Awards Long-Term Agreement to Advance Technology Development Ahmadi Innovation Valley
• Positive Sentiment: TD Cowen lowered its price target slightly to $47 but kept a buy rating, signaling continued analyst confidence and implying meaningful upside from current levels. Benzinga report on TD Cowen target cut
• Neutral Sentiment: Several analysts trimmed forecasts after the Q2 report, but the cuts appear to reflect a more cautious near-term view rather than a change in the company’s underlying profitability or contract wins. Analysts Cut Their Forecasts On Halliburton Following Q2 Results
• Negative Sentiment: Investor sentiment was hurt by weaker Middle East activity and management’s warning that regional disruption is pressuring results, with some reports noting the market viewed the revenue outlook as tepid. Reuters report on second-quarter profit rise
• Negative Sentiment: Despite beating estimates, shares fell after the earnings release because the improvement was offset by concerns about Middle East operations and a softer short-term outlook for oilfield services demand. Barrons article on stock falling after earnings

Insider Activity

In other Halliburton news, insider Michael Casey Maxwell sold 20,348 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $41.89, for a total transaction of $852,377.72. Following the sale, the insider directly owned 93,763 shares of the company’s stock, valued at approximately $3,927,732.07. This represents a 17.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Van H. Beckwith sold 198,349 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $41.29, for a total transaction of $8,189,830.21. Following the sale, the executive vice president directly owned 146,186 shares of the company’s stock, valued at approximately $6,036,019.94. The trade was a 57.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 258,255 shares of company stock worth $10,550,535 over the last ninety days. Corporate insiders own 0.57% of the company’s stock.

Analyst Ratings Changes

HAL has been the topic of several analyst reports. Argus boosted their price target on shares of Halliburton from $39.00 to $45.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Jefferies Financial Group reaffirmed a “buy” rating and set a $47.00 price objective on shares of Halliburton in a report on Sunday, April 26th. Morgan Stanley decreased their target price on shares of Halliburton from $41.00 to $40.00 and set an “overweight” rating on the stock in a research report on Wednesday. TD Cowen lowered their target price on shares of Halliburton from $48.00 to $47.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Susquehanna dropped their price target on shares of Halliburton from $45.00 to $42.00 and set a “positive” rating for the company in a research report on Wednesday, July 8th. Eighteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $43.38.

Halliburton Stock Performance

Shares of NYSE:HAL opened at $33.00 on Thursday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.02 and a quick ratio of 1.54. The business’s fifty day moving average price is $37.28 and its two-hundred day moving average price is $36.45. Halliburton Company has a fifty-two week low of $20.39 and a fifty-two week high of $43.59. The stock has a market capitalization of $27.57 billion, a price-to-earnings ratio of 17.28, a price-to-earnings-growth ratio of 1.53 and a beta of 0.71.

Halliburton (NYSE:HAL) last issued its quarterly earnings data on Tuesday, July 21st. The oilfield services company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. Halliburton had a return on equity of 18.71% and a net margin of 7.16%.The company had revenue of $5.71 billion during the quarter, compared to analysts’ expectations of $5.50 billion. During the same period last year, the business earned $0.55 earnings per share. The business’s revenue was up 3.7% on a year-over-year basis. As a group, analysts predict that Halliburton Company will post 2.36 EPS for the current fiscal year.

Halliburton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 3rd were given a dividend of $0.17 per share. The ex-dividend date was Wednesday, June 3rd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.1%. Halliburton’s dividend payout ratio (DPR) is 37.36%.

Halliburton 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.