Pin Oak Investment Advisors Inc. Acquires New Position in Halliburton Company $HAL

Pin Oak Investment Advisors Inc. acquired a new position in shares of Halliburton Company (NYSE:HAL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 24,718 shares of the oilfield services company’s stock, valued at approximately $839,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. purchased a new position in Halliburton in the second quarter valued at about $26,000. Kilter Group LLC purchased a new stake in shares of Halliburton during the 2nd quarter worth approximately $26,000. Silvant Capital Management LLC purchased a new stake in shares of Halliburton during the 2nd quarter worth approximately $28,000. Matrix Trust Co acquired a new stake in shares of Halliburton in the 2nd quarter worth approximately $29,000. Finally, Zions Bancorporation National Association UT grew its holdings in shares of Halliburton by 196.4% in the 4th quarter. Zions Bancorporation National Association UT now owns 981 shares of the oilfield services company’s stock worth $28,000 after acquiring an additional 650 shares during the period. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Halliburton

In other Halliburton news, CFO Eric Carre sold 24,778 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $35.89, for a total transaction of $889,282.42. Following the sale, the chief financial officer directly owned 148,520 shares of the company’s stock, valued at $5,330,382.80. This trade represents a 14.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jeffrey Shannon Slocum sold 52,572 shares of Halliburton stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $35.09, for a total transaction of $1,844,751.48. Following the sale, the chief operating officer owned 118,730 shares of the company’s stock, valued at approximately $4,166,235.70. This trade represents a 30.69% decrease in their ownership of the stock. 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. 0.57% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

HAL has been the subject of several research reports. BMO Capital Markets set a $37.00 price objective on Halliburton in a report on Wednesday, July 22nd. TD Cowen lowered their target price on Halliburton from $48.00 to $47.00 and set a “buy” rating on the stock in a report on Wednesday, July 22nd. Rothschild & Co Redburn raised their price target on Halliburton from $40.00 to $49.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Capital One Financial lifted their price target on Halliburton from $41.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. Finally, Wall Street Zen raised shares of Halliburton from a “hold” rating to a “buy” rating in a research note on Sunday, August 23rd. Eighteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $43.10.

Trending Headlines about Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Halliburton is reportedly in talks to supply equipment and services for the possible redevelopment of Venezuelan oil fields as U.S. companies discuss multibillion-dollar investments in the country’s energy sector. A successful agreement could create new equipment, drilling and production-service revenue opportunities. Chevron, Other U.S. Firms Near Deal to Invest Billions in Venezuelan Oil Fields
• Positive Sentiment: Halliburton recently won an integrated contract from BP for the first appraisal campaign at the Bumerangue field offshore Brazil. The project includes drilling, evaluation, automation and remote operations, supporting expectations for continued deepwater activity and international revenue growth. Why Halliburton (HAL) Stock Is Up Today
• Positive Sentiment: Call-option activity was unusually strong, with investors buying 25,477 calls—approximately 45% above average volume—indicating increased short-term bullish positioning, though options activity can also amplify volatility.
• Neutral Sentiment: Halliburton is hiring a senior offshore-leasing official from the Trump administration, a move that could strengthen government and regulatory expertise but does not immediately change earnings expectations. Trump’s Head of Offshore Leasing Leaving for Oilfield Services Firm Halliburton
• Negative Sentiment: Reported insider trading was one-sided over the past six months, with multiple executives and directors selling shares and no listed insider purchases. This may weigh on sentiment, although such sales can reflect compensation, diversification or scheduled transactions rather than a change in business outlook.

Halliburton Stock Performance

Halliburton stock opened at $36.19 on Friday. Halliburton Company has a fifty-two week low of $21.40 and a fifty-two week high of $43.59. The company has a market capitalization of $30.15 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 2.22 and a beta of 0.73. The stock has a fifty day moving average of $33.82 and a two-hundred day moving average of $36.54. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.50 and a current ratio of 2.02.

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 the consensus estimate of $0.54 by $0.01. The business had revenue of $5.71 billion for the quarter, compared to the consensus estimate of $5.50 billion. Halliburton had a return on equity of 18.71% and a net margin of 7.16%.The business’s revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.55 earnings per share. On average, analysts anticipate that Halliburton Company will post 2.34 EPS for the current fiscal year.

Halliburton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 2nd will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Wednesday, September 2nd. Halliburton’s dividend payout ratio is 35.60%.

About Halliburton

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.