Halliburton (NYSE:HAL) CEO Sells $6,338,200.00 in Stock

Halliburton Company (NYSE:HAL - Get Free Report) CEO Jeffrey Allen Miller sold 158,455 shares of Halliburton stock in a transaction dated 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 directly owned 1,013,027 shares in the company, valued at approximately $40,521,080. The trade was a 13.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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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 stock was sold at an average price of $34.96, for a total transaction of $5,985,152.00.

Halliburton Price Performance

Shares of NYSE HAL opened at $38.12 on Friday. Halliburton Company has a twelve month low of $18.72 and a twelve 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 50-day moving average of $35.42 and a two-hundred day moving average of $29.91. The company has a market capitalization of $31.84 billion, a price-to-earnings ratio of 25.25, a PEG ratio of 2.32 and a beta of 0.68.

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• Halliburton Beat Expectations Again—Now the Rebound Trade Gets Real

Halliburton (NYSE:HAL - Get Free Report) last announced its quarterly earnings data on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $5.39 billion. During the same quarter in the previous year, the company posted $0.73 EPS. The business's revenue was up .8% compared to the same quarter last year. As a group, analysts expect that Halliburton Company will post 2.64 earnings per share for the current fiscal year.

Halliburton Announces Dividend

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

Institutional Trading of Halliburton

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Several large investors have recently added to or reduced their stakes in the company. Vermillion Wealth Management Inc. lifted its holdings in shares of Halliburton by 24.8% in the fourth quarter. Vermillion Wealth Management Inc. now owns 1,456 shares of the oilfield services company's stock valued at $41,000 after purchasing an additional 289 shares in the last quarter. Coldstream Capital Management Inc. raised its position in Halliburton by 1.5% during the fourth quarter. Coldstream Capital Management Inc. now owns 23,312 shares of the oilfield services company's stock valued at $659,000 after buying an additional 349 shares during the period. Harbour Investments Inc. lifted its stake in Halliburton by 7.3% in the 4th quarter. Harbour Investments Inc. now owns 5,320 shares of the oilfield services company's stock worth $150,000 after acquiring an additional 361 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in Halliburton by 3.7% in the 4th quarter. Kingsview Wealth Management LLC now owns 10,363 shares of the oilfield services company's stock worth $293,000 after acquiring an additional 365 shares in the last quarter. Finally, Clearstead Trust LLC boosted its position in Halliburton by 7.4% during the 3rd quarter. Clearstead Trust LLC now owns 5,370 shares of the oilfield services company's stock worth $132,000 after acquiring an additional 370 shares during the period. 85.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HAL has been the subject of several research reports. Barclays raised their price objective on Halliburton from $25.00 to $30.00 and gave the stock an "equal weight" rating in a research note on Tuesday, December 16th. Piper Sandler boosted their target price on Halliburton from $30.00 to $34.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 28th. JPMorgan Chase & Co. upped their target price on Halliburton from $35.00 to $40.00 and gave the company an "overweight" rating in a report on Friday, March 27th. Royal Bank Of Canada increased their price target on Halliburton from $36.00 to $38.00 and gave the company an "outperform" rating in a research report on Thursday, January 22nd. Finally, Argus lifted their price target on Halliburton from $31.00 to $39.00 and gave the stock a "buy" rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $36.05.

Check Out Our Latest Report on Halliburton

Key Stories Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Acquisition of Sekal AS accelerates Halliburton’s push into automated drilling — Sekal’s DrillTronics software will be combined with Halliburton’s LOGIX geosteering/automation platform to cut drilling costs, improve consistency and speed digital well construction, supporting longer‑term margin and service differentiation. Halliburton Strengthens Automation With Strategic Sekal Buyout
• Neutral Sentiment: Visibility from recent fundamentals: Halliburton beat Q4 EPS and revenue expectations in January and maintains solid liquidity and leverage metrics — this underpins investor confidence but the impact depends on successful execution of automation rollouts and capital allocation. Halliburton Company Profile & Recent Results
• Negative Sentiment: Insider selling: CEO Jeffrey Allen Miller sold ~158,455 shares at about $40 on Mar. 27 (disclosed via SEC Form 4), a sizable reduction in his holdings that some investors may view as a near‑term negative signal. SEC Form 4 - CEO Share Sale
• Negative Sentiment: Near‑term price reaction has been choppy — HAL slid ~2.5% in the prior session as the market parsed the acquisition and valuation, showing short‑term sensitivity even as the strategic story is positive. Halliburton Stock Slides as Market Rises

Halliburton Company Profile

(Get Free Report)

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.

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