<div id="readability-page-1"><p>State of Tennessee Department of Treasury cut its stake in shares of  Halliburton (NYSE:HAL - Free Report) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor  owned 614,526 shares of the oilfield services company's stock after selling 22,552 shares during the period. State of Tennessee Department of Treasury owned about 0.07% of Halliburton worth $16,709,000 at the end of the most recent quarter.</p><ul><li>5 Reasons Why Halliburton Is a Good Buy in 2025</li></ul><p>Several other hedge funds have also bought and sold shares of HAL. Norges Bank purchased a new position in shares of  Halliburton during the 4th quarter valued at about $299,986,000.  Franklin Resources Inc. raised its stake in  Halliburton by 244.5% during the 3rd quarter. Franklin Resources Inc. now owns 4,513,560 shares of the oilfield services company's stock worth $138,025,000 after acquiring an additional 3,203,224 shares during the period.  Amundi lifted its holdings in  Halliburton by 22.2% during the fourth quarter. Amundi now owns 13,068,025 shares of the oilfield services company's stock valued at $353,242,000 after purchasing an additional 2,378,043 shares in the last quarter.  Barrow Hanley Mewhinney &amp; Strauss LLC boosted its position in shares of  Halliburton by 15.6% in the fourth quarter. Barrow Hanley Mewhinney &amp; Strauss LLC now owns 16,093,680 shares of the oilfield services company's stock worth $437,587,000 after purchasing an additional 2,171,722 shares during the period.  Finally, Pacer Advisors Inc. increased its stake in shares of  Halliburton by 10.4% in the fourth quarter. Pacer Advisors Inc. now owns 18,530,937 shares of the oilfield services company's stock worth $503,856,000 after purchasing an additional 1,748,763 shares in the last quarter. Institutional investors own  85.23% of the company's stock. </p><h2>Halliburton Price Performance</h2><p>Shares of Halliburton stock opened at $20.72 on Wednesday. The stock has a 50 day moving average price of $24.07 and a 200-day moving average price of $26.98. Halliburton has a one year low of $18.72 and a one year high of $39.37. The stock has a market cap of $17.86 billion, a price-to-earnings ratio of 7.32, a price-to-earnings-growth ratio of 3.79 and a beta of 1.45. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.54 and a current ratio of 2.05. </p><ul><li>SLB: Pioneering the Shift from Oil Services to Tech Solutions</li></ul><p>Halliburton (NYSE:HAL - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The oilfield services company reported $0.60 earnings per share for the quarter, meeting analysts' consensus estimates of $0.60. The business had revenue of $5.42 billion for the quarter, compared to analysts' expectations of $5.28 billion. Halliburton had a net margin of 10.90% and a return on equity of 26.03%.  Equities analysts expect that  Halliburton will post 2.64 EPS for the current year. </p><h2>Halliburton Announces Dividend</h2><p>The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 3.28%. The ex-dividend date  was Wednesday, March 5th. Halliburton's payout ratio is currently 24.03%. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Is Halliburton Stock a Good Buy at Current Levels?</li></ul><p>Several brokerages recently weighed in on HAL. Barclays dropped their target price on shares of Halliburton from $30.00 to $29.00 and set an &#34;equal weight&#34; rating for the company in a report on Monday, March 31st. JPMorgan Chase &amp; Co. dropped their price objective on Halliburton from $35.00 to $33.00 and set an &#34;overweight&#34; rating for the company in a research note on Thursday, January 2nd. Susquehanna decreased their target price on Halliburton from $35.00 to $32.00 and set a &#34;positive&#34; rating on the stock in a research note on Monday, April 14th. Benchmark dropped their price target on Halliburton from $40.00 to $35.00 and set a &#34;buy&#34; rating for the company in a research note on Thursday, January 23rd. Finally, Raymond James cut shares of Halliburton from a &#34;strong-buy&#34; rating to a &#34;market perform&#34; rating in a research report on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating and fourteen have issued  a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $36.95.</p><p><b>Check Out Our Latest Report on HAL</b></p><h2>Insider Buying and Selling at Halliburton</h2><p>In other news, Director Margaret Katherine Banks sold 3,900 shares of the business's stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $24.04, for a total transaction of $93,756.00. Following the completion of the sale, the director now directly owns 10,551 shares of the company's stock, valued at approximately $253,646.04. The trade was a 26.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this link. Also, CFO Eric Carre sold 141,206 shares of the firm's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $26.13, for a total transaction of $3,689,712.78. Following the completion of the transaction, the chief financial officer now directly owns 127,101 shares in the company, valued at $3,321,149.13. This represents a 52.63 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 206,782 shares of company stock worth $5,321,170 over the last 90 days. Company insiders own  0.61% of the company's stock. </p><h2>About Halliburton</h2> (Free Report)<p>Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Halliburton</li><li>What is a Special Dividend?</li><li>How to Invest in Micro-Cap Stocks Like a Pro</li><li>How to find penny stocks to invest and trade </li><li>Investors Sell Microsoft Stock on OpenAI News—Time to Buy? </li><li>3 Healthcare Dividend Stocks to Buy</li><li>Take-Two Interactive: A Defensive Play Set to Explode</li></ul><p><strong>Want to see what other hedge funds are holding HAL?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Halliburton (NYSE:HAL - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhBTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhBTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Halliburton Right Now?</h2><p>Before you consider Halliburton, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Halliburton wasn't on the list.</p><p>While Halliburton currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>The State of Tennessee Department of Treasury reduced its stake in Halliburton (NYSE:HAL) by 3.5% in Q4, now holding 614,526 shares valued at approximately $16.7 million. Other institutional investors, including Norges Bank and Franklin Resources, have also adjusted their positions in Halliburton. The company reported earnings of $0.60 per share, meeting expectations, and announced a quarterly dividend of $0.17. Analysts have mixed ratings on Halliburton, with a consensus rating of "Moderate Buy" and a target price of $36.95.</p>

State of Tennessee Department of Treasury Trims Stake in Halliburton (NYSE:HAL)