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Halliburton has seen significant investment from various firms in the fourth quarter, with stakes ranging from $28,000 to $39,000. Currently, 85.23% of the stock is owned by institutional investors. Analysts have recently cut price targets for Halliburton, with an average rating of "Moderate Buy" and a price target of $37.37, while the stock trades around $25.34. Insider activity includes notable sales by the CFO and a director, with insiders selling over 206,000 shares in the last three months.
Jefferies Financial Group has reduced its price target for Halliburton from $43 to $41, maintaining a "buy" rating, while analysts generally rate the stock as a "Moderate Buy" with a consensus target of $37.42. Recent insider sales included Director Margaret Katherine Banks selling 3,900 shares and VP Timothy Mckeon selling 10,497 shares, reflecting a decrease in their holdings. Halliburton's stock opened at $24.29, with a market cap of $21.08 billion and a dividend yield of 2.80%.
Halliburton has an average rating of "Moderate Buy" with a consensus price target of $37.42. Recent insider activity includes Director Margaret Katherine Banks selling 3,900 shares and CFO Eric Carre selling 141,206 shares, both resulting in significant decreases in their holdings. The company has a market cap of $21.70 billion, a PE ratio of 8.83, and recently announced a quarterly dividend of $0.17 per share, yielding 2.72%.
Halliburton Company is a leading provider of oil-related services, with net sales primarily from construction and production services (59.5%) and drilling and inspection services (40.5%). The company generates 71.6% of its revenue from services and 28.4% from products, with a geographical sales distribution of 45.6% in North America, 24.7% in the Middle East and Asia, 17.3% in Latin America, and 12.4% in other regions.
Venturi Wealth Management LLC increased its stake in Halliburton, now holding 1,618 shares valued at $47,000. Analysts have lowered Halliburton's price target, with Barclays setting it at $30, while the stock trades at $28.05, reflecting a 1.5% decline. Institutional investors own 85.23% of the company, which reported a quarterly EPS of $0.73, missing estimates.
Halliburton Company, a leading oilfield service provider, generates 59.5% of its sales from construction and production services and 40.5% from drilling and inspection services. Revenue sources include 71.6% from services and 28.4% from products, with North America accounting for 45.6% of sales, followed by the Middle East and Asia at 24.7%, Latin America at 17.3%, and others at 12.4%.
Halliburton Company, a leading provider of oil-related services, reports net sales primarily from construction and production services (59.5%) and drilling and inspection services (40.5%). Services account for 71.6% of sales, while products make up 28.4%. Geographically, North America leads with 45.6% of net sales, followed by the Middle East and Asia (24.7%), Latin America (17.3%), and other regions (12.4%).
Dimensional Fund Advisors LP increased its Halliburton stake by 20% in Q2, now holding over 10 million shares valued at $340.75 million. UBS Group downgraded Halliburton to a "neutral" rating with a target price of $34, while analysts maintain a "Moderate Buy" rating overall. The company reported a quarterly EPS of $0.73, missing estimates, with revenue down 1.8% year-over-year.
Halliburton Company, a leading provider of oil-related services, reports net sales primarily from construction and production services (59.5%) and drilling and inspection services (40.5%). The company generates 71.6% of its revenue from services and 28.4% from products, with North America accounting for 45.6% of net sales, followed by the Middle East and Asia (24.7%), Latin America (17.3%), and other regions (12.4%).
The North American fluid handling services market is projected to grow from $2.10 billion in 2023 to $3.5 billion by 2033, with a CAGR of 5.24%. Key drivers include the increasing demand for filtration and pumping services across industries such as oil & gas, chemicals, and pharmaceuticals, while challenges include high initial costs and a shortage of skilled labor.
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