MH & Associates Securities Management Corp ADV Makes New $3.36 Million Investment in Halliburton Company $HAL

MH & Associates Securities Management Corp ADV bought a new position in Halliburton Company (NYSE:HAL) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 118,893 shares of the oilfield services company’s stock, valued at approximately $3,360,000. Halliburton comprises about 2.7% of MH & Associates Securities Management Corp ADV’s holdings, making the stock its 12th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in HAL. Clearstead Trust LLC increased its holdings in Halliburton by 7.4% in the 3rd quarter. Clearstead Trust LLC now owns 5,370 shares of the oilfield services company’s stock valued at $132,000 after acquiring an additional 370 shares during the last quarter. Angeles Wealth Management LLC increased its holdings in Halliburton by 3.6% in the 3rd quarter. Angeles Wealth Management LLC now owns 11,320 shares of the oilfield services company’s stock valued at $278,000 after acquiring an additional 392 shares during the last quarter. Greenleaf Trust increased its holdings in Halliburton by 2.4% in the 4th quarter. Greenleaf Trust now owns 16,789 shares of the oilfield services company’s stock valued at $474,000 after acquiring an additional 399 shares during the last quarter. True Wealth Design LLC increased its holdings in Halliburton by 21.0% in the 4th quarter. True Wealth Design LLC now owns 2,434 shares of the oilfield services company’s stock valued at $69,000 after acquiring an additional 423 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its holdings in Halliburton by 22.2% in the 3rd quarter. Parkside Financial Bank & Trust now owns 2,369 shares of the oilfield services company’s stock valued at $58,000 after acquiring an additional 431 shares during the last quarter. 85.23% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on HAL shares. Susquehanna lifted their price target on shares of Halliburton from $40.00 to $45.00 and gave the company a “positive” rating in a report on Tuesday. Zephirin Group downgraded shares of Halliburton from a “buy” rating to a “hold” rating and reduced their price target for the company from $30.00 to $28.00 in a report on Friday, January 23rd. Rothschild & Co Redburn lifted their price objective on Halliburton from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Piper Sandler lifted their price objective on Halliburton from $30.00 to $34.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Finally, BMO Capital Markets lifted their price objective on Halliburton from $39.00 to $42.00 and gave the stock a “market perform” rating in a research note on Wednesday, March 25th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $36.43.

Insider Activity

In other news, EVP Van H. Beckwith sold 54,348 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $34.96, for a total transaction of $1,900,006.08. Following the transaction, the executive vice president owned 344,535 shares of the company’s stock, valued at approximately $12,044,943.60. The trade was a 13.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Margaret Katherine Banks sold 2,600 shares of the business’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $34.17, for a total value of $88,842.00. Following the transaction, the director directly owned 14,043 shares in the company, valued at approximately $479,849.31. This represents a 15.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 415,508 shares of company stock worth $15,291,882. Company insiders own 0.56% of the company’s stock.

Key Halliburton News

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Susquehanna raised its price target to $45 and maintained a “positive” rating, signaling meaningful upside vs. current levels and supporting investor sentiment. Susquehanna raises PT to $45
• Positive Sentiment: Halliburton announced a strategic alliance with PETRONAS Suriname and Valaris to align planning through project delivery on Suriname offshore assets — a tangible step to expand its offshore footprint and capture long?cycle project activity. Halliburton Strengthens Global Footprint With Strategic Alliance
• Positive Sentiment: Broad energy?sector momentum (oil stocks rallying on Middle East tensions and higher oil prices) provides a favorable industry tailwind that can lift oilfield services demand over time. Oil Stocks Are Hot
• Neutral Sentiment: UBS raised its price target to $39 but kept a “neutral” rating — a modest endorsement that implies limited near?term upside from current levels and contributes to mixed analyst signals. UBS raises PT to $39
• Neutral Sentiment: Industry notes and comparisons of Halliburton vs. peers (coverage in AmericanBankingNews) provide context but don’t change fundamentals immediately; useful for relative valuation and positioning. Contrasting Halliburton and The Competition
• Neutral Sentiment: Deep Isolation ARPA?E award and other energy tech headlines are sector?adjacent but not material to Halliburton’s core oilfield services earnings. Deep Isolation ARPA-E SCALEUP Award
• Negative Sentiment: Barclays trimmed its price target to $29 and kept an “equal weight” rating, implying meaningful downside from current levels — this downgrade likely pressured the stock and increased intraday selling. Barclays lowers PT to $29
• Negative Sentiment: Market coverage noted the stock moved lower today amid the mix of analyst actions and sector headlines, reflecting investor caution despite growth drivers. Halliburton Stock Sinks As Market Gains

Halliburton Stock Performance

Halliburton stock opened at $37.80 on Thursday. The company’s 50-day moving average price is $35.75 and its 200-day moving average price is $30.41. Halliburton Company has a twelve month low of $18.75 and a twelve month high of $41.18. The company has a quick ratio of 1.51, a current ratio of 2.04 and a debt-to-equity ratio of 0.68. The company has a market cap of $31.56 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 2.33 and a beta of 0.68.

Halliburton (NYSE:HAL) last posted its earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.14. The firm had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.39 billion. Halliburton had a net margin of 5.78% and a return on equity of 19.77%. The business’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.73 EPS. On average, equities research analysts forecast that Halliburton Company will post 2.64 EPS for the current fiscal year.

Halliburton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $0.68 annualized dividend and a dividend yield of 1.8%. Halliburton’s payout ratio is currently 45.03%.

Halliburton Company 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.