Halliburton Co. (NYSE: HAL) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

Halliburton Co. is listed on the NYSE as a member of the Energy sector and is a part of the Oil & Gas Equipment & Services industry. The current market capitalization of Halliburton Co. is $30.62B. A total of 7.7 million shares were traded on the day, compared to an average of 8.11M shares.

In the most recent transaction, Beckwith Van H. sold 10,000 shares of HAL for 36.75 per share on Jul 18 ’24. After the transaction, the EVP, Secretary and CLO now owns 273,908 company shares. In a previous transaction on May 20 ’24, Sharp Jill D. sold 6,933 shares at 38.00 per share. HAL shares that SVP Internal Assurance Svcs. owns now total 33,251.

Among the insiders who sold shares, Geer Charles Jr. disposed of 3,000 shares on May 20 ’24 at a per-share price of $38.00. This resulted in the SVP & Chief Accounting Officer holding 97,084 shares of HAL after the transaction. In another insider transaction, Slocum Jeffrey Shannon sold 38,941 shares at $36.92 per share on May 07 ’24. Company shares held by the President – Eastern Hemisphere now total 130,783.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Halliburton Co. pays an annual dividend of $0.66, resulting in a dividend yield of 1.90%, and it has a price to earnings (P/E) ratio of 11.52. HAL’s most recent ex-dividend date was 6/5/2024 when it declared a $0.17 quarterly dividend that was paid in cash on 6/26/2024. Previously, the company paid the dividend on 3/27/2024 with an ex-dividend date of 3/5/2024. The HAL stock dividend was $0.17 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, HAL has a high of $43.85 and a low of $32.60.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. HAL’s latest balance sheet shows that the firm has $3.04B in Cash & Short Term Investments as of fiscal 2021. There were $10.21B in debt and $4.31B in liabilities at the time. Its Book Value Per Share was $11.33, while its Total Shareholder’s Equity was $6.73B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HAL is Buy with a score of 4.73.

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