Halliburton Company $HAL Stake Boosted by Corient Private Wealth LLC

27 Jun 2026, 03:35 by Doug Wharley · The Cerbat Gem

Corient Private Wealth LLC increased its stake in Halliburton Company (NYSE:HAL – Free Report) by 13.0% during the 4th quarter, HoldingsChannel reports. The firm owned 142,423 shares of the oilfield services company’s stock after acquiring an additional 16,380 shares during the period. Corient Private Wealth LLC’s holdings in Halliburton were worth $4,026,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Nvest Wealth Strategies Inc. bought a new position in Halliburton during the 4th quarter worth $25,000. Zions Bancorporation National Association UT lifted its stake 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 valued at $28,000 after buying an additional 650 shares during the last quarter. Kelleher Financial Advisors bought a new stake in Halliburton in the third quarter valued at $25,000. DV Equities LLC acquired a new position in shares of Halliburton during the fourth quarter valued at $33,000. Finally, MV Capital Management Inc. acquired a new position in shares of Halliburton during the fourth quarter valued at $33,000. Institutional investors and hedge funds own 85.23% of the company’s stock.

Halliburton Trading Down 1.7%

Shares of NYSE:HAL opened at $34.09 on Friday. The firm has a fifty day moving average of $39.34 and a two-hundred day moving average of $35.64. The firm has a market capitalization of $28.47 billion, a P/E ratio of 18.73, a price-to-earnings-growth ratio of 1.50 and a beta of 0.69. Halliburton Company has a 12-month low of $20.09 and a 12-month high of $43.59. The company has a quick ratio of 1.54, a current ratio of 2.08 and a debt-to-equity ratio of 0.65.

Halliburton (NYSE:HAL – Get Free Report) last issued its earnings results on Tuesday, April 21st. The oilfield services company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. Halliburton had a return on equity of 19.04% and a net margin of 6.95%.The firm had revenue of $5.40 billion for the quarter, compared to the consensus estimate of $5.37 billion. During the same quarter in the previous year, the company posted $0.60 earnings per share. The business’s quarterly revenue was down .3% compared to the same quarter last year. On average, equities analysts expect that Halliburton Company will post 2.34 EPS for the current fiscal year.

Halliburton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 3rd were issued a $0.17 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $0.68 dividend on an annualized basis and a yield of 2.0%. Halliburton’s dividend payout ratio is currently 37.36%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. The Goldman Sachs Group increased their price objective on shares of Halliburton from $40.00 to $44.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Royal Bank Of Canada boosted their target price on shares of Halliburton from $43.00 to $44.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. BMO Capital Markets upped their target price on shares of Halliburton from $42.00 to $45.00 and gave the stock a “market perform” rating in a research report on Wednesday, May 13th. Zephirin Group raised their price target on shares of Halliburton from $30.00 to $31.00 and gave the company a “sell” rating in a research note on Wednesday, April 22nd. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $47.00 price target on shares of Halliburton in a report on Sunday, April 26th. Eighteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $43.27.

View Our Latest Stock Report on HAL

Insider Activity

In related news, insider Michael Casey Maxwell sold 20,348 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $41.89, for a total transaction of $852,377.72. Following the transaction, the insider owned 93,763 shares of the company’s stock, valued at approximately $3,927,732.07. This trade represents a 17.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Eric Carre sold 24,778 shares of Halliburton stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $35.89, for a total transaction of $889,282.42. Following the completion of the sale, the chief financial officer owned 148,520 shares of the company’s stock, valued at $5,330,382.80. This trade represents a 14.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 258,255 shares of company stock valued at $10,550,535. 0.57% of the stock is currently owned by company insiders.

Halliburton Profile

(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.