Diversified Trust Co Invests $632,000 in Halliburton Company $HAL

26 Jun 2026, 08:15 by Michael Walen · The Markets Daily

Diversified Trust Co bought a new stake in shares of Halliburton Company (NYSE:HAL – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 16,213 shares of the oilfield services company’s stock, valued at approximately $632,000.

A number of other institutional investors have also recently added to or reduced their stakes in HAL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Halliburton by 7.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,754 shares of the oilfield services company’s stock worth $2,353,000 after acquiring an additional 6,507 shares in the last quarter. Woodline Partners LP lifted its holdings in Halliburton by 39.0% during the first quarter. Woodline Partners LP now owns 73,341 shares of the oilfield services company’s stock valued at $1,861,000 after purchasing an additional 20,583 shares in the last quarter. Focus Partners Wealth grew its position in shares of Halliburton by 25.0% in the first quarter. Focus Partners Wealth now owns 52,045 shares of the oilfield services company’s stock valued at $1,320,000 after purchasing an additional 10,408 shares during the period. Intech Investment Management LLC increased its stake in shares of Halliburton by 309.1% during the first quarter. Intech Investment Management LLC now owns 68,946 shares of the oilfield services company’s stock worth $1,749,000 after purchasing an additional 52,092 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of Halliburton during the 1st quarter worth about $895,000. Institutional investors and hedge funds own 85.23% of the company’s stock.

Halliburton Stock Up 2.1%

HAL stock opened at $34.62 on Friday. The company has a current ratio of 2.08, a quick ratio of 1.54 and a debt-to-equity ratio of 0.65. The firm has a 50-day moving average of $39.41 and a two-hundred day moving average of $35.65. Halliburton Company has a 12 month low of $20.09 and a 12 month high of $43.59. The company has a market cap of $28.92 billion, a price-to-earnings ratio of 19.02, a PEG ratio of 1.47 and a beta of 0.69.

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

Halliburton Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on HAL shares. Capital One Financial lifted their price objective on Halliburton from $41.00 to $50.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. Evercore raised their target price on Halliburton from $42.00 to $46.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Halliburton in a research note on Friday, April 10th. HSBC boosted their price target on Halliburton from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Finally, Citigroup increased their price objective on Halliburton from $47.00 to $52.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Eighteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $43.27.

Read Our Latest Stock Analysis on Halliburton

Insider Buying and Selling

In other Halliburton news, EVP Van H. Beckwith sold 198,349 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $41.29, for a total value of $8,189,830.21. Following the completion of the sale, the executive vice president directly owned 146,186 shares of the company’s stock, valued at $6,036,019.94. This trade represents a 57.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Tobi M. Young sold 6,125 shares of Halliburton stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $41.72, for a total value of $255,535.00. Following the transaction, the director owned 15,250 shares in the company, valued at approximately $636,230. This represents a 28.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 258,255 shares of company stock worth $10,550,535 over the last quarter. Corporate insiders own 0.57% of the company’s stock.

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.