Why Halliburton (HAL) Stock Is Down Today

Halliburton (HAL) is down 3.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The clearest company-specific catalyst is hard to pin down, so the selloff appears tied to a mix of cautious sentiment around oilfield-services stocks and lingering concerns about Halliburton’s international exposure. This could be because investors are still weighing softer activity in parts of the Middle East and a recent analyst stance that was less bullish on Halliburton than on some peers.

Details:

Halliburton’s second-quarter 2026 revenue rose sequentially to $5.7 billion, but management also disclosed weaker activity across Kuwait, Iraq, and Qatar tied to ongoing geopolitical disruption in the Middle East.

In the same quarter, the Middle East/Asia segment declined sequentially, with lower activity in several product lines partially offsetting strength in Saudi Arabia, the UAE, and parts of Asia.

A recent analyst initiation rated Halliburton at Peer Perform, while favoring some other large oilfield-services names more strongly, which may have reinforced a more cautious near-term view.

Halliburton has continued to win business, including a July contract in southern Iraq, but the market may be focusing more on execution risk and regional volatility than on longer-term backlog potential.

Sources:

Halliburton, SEC, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$HAL Insider Trading Activity

$HAL insiders have traded $HAL stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.

Here’s a breakdown of recent trading of $HAL stock by insiders over the last 6 months:

JEFFREY ALLEN MILLER (Director, President & CEO) has made 0 purchases and 2 sales selling 282,938 shares for an estimated $10,695,105.
VAN H. BECKWITH (EVP, Secretary and CLO) has made 0 purchases and 2 sales selling 217,967 shares for an estimated $8,853,310.
JEFFREY SHANNON SLOCUM (Director, EVP and COO) has made 0 purchases and 3 sales selling 74,134 shares for an estimated $2,594,339.
ERIC CARRE (EVP & Chief Financial Officer) has made 0 purchases and 2 sales selling 49,555 shares for an estimated $1,818,419.
MICHAEL CASEY MAXWELL (President - Western Hemisphere) has made 0 purchases and 2 sales selling 20,348 shares for an estimated $852,445.
TIMOTHY MCKEON (Senior VP and Treasurer) sold 8,655 shares for an estimated $363,510
TOBI M. YOUNG has made 0 purchases and 2 sales selling 6,125 shares for an estimated $255,537.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$HAL Hedge Fund Activity

We have seen 637 institutional investors add shares of $HAL stock to their portfolio, and 566 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL RESEARCH GLOBAL INVESTORS removed 47,687,127 shares (-84.6%) from their portfolio in Q2 2026, for an estimated $1,618,977,961
QUBE RESEARCH & TECHNOLOGIES LTD added 11,127,397 shares (+inf%) to their portfolio in Q2 2026, for an estimated $377,775,128
VICTORY CAPITAL MANAGEMENT INC added 8,612,758 shares (+806.5%) to their portfolio in Q2 2026, for an estimated $292,403,134
DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN added 7,194,324 shares (+48388.0%) to their portfolio in Q2 2026, for an estimated $244,247,299
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 6,260,966 shares (+inf%) to their portfolio in Q2 2026, for an estimated $212,559,795
FMR LLC added 4,885,263 shares (+93.1%) to their portfolio in Q2 2026, for an estimated $165,854,678
AQR CAPITAL MANAGEMENT LLC added 4,799,264 shares (+67.9%) to their portfolio in Q2 2026, for an estimated $162,935,012

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$HAL Price Targets

Multiple analysts have issued price targets for $HAL recently. We have seen 11 analysts offer price targets for $HAL in the last 6 months, with a median target of $42.0.

Here are some recent targets:

Charles Minervino from Susquehanna set a target price of $42.0 on 07/08/2026
Josh Silverstein from UBS set a target price of $40.0 on 07/02/2026
Scott Gruber from Citigroup set a target price of $52.0 on 06/03/2026
David Anderson from Barclays set a target price of $55.0 on 05/08/2026
Stephen Gengaro from Stifel set a target price of $43.0 on 04/22/2026
Joe Laetsch from Morgan Stanley set a target price of $42.0 on 04/22/2026
Keith Mackey from RBC Capital set a target price of $44.0 on 04/22/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.