Halliburton Company stock is trading -10.48% below its average target price of $47.42 after marking a 1.3% during today's morning session. Analysts are giving the large-cap Oil & Gas Equipment & Services company an average rating of buy and target prices ranging from $32.0 to $56.0 per share.
The stock has an average amount of shares sold short at 3.3%, and a short ratio of 3.11. The company's insiders own 0.38% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 86.8% of Halliburton Company's shares being owned by this investor type.
Institutions Invested in Halliburton Company
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Capital World Investors | 13% | 114,407,642 | $4,856,604,490 |
| 2023-06-30 | Vanguard Group Inc | 11% | 99,160,795 | $4,209,375,823 |
| 2023-06-30 | Blackrock Inc. | 8% | 74,085,146 | $3,144,914,504 |
| 2023-06-30 | State Street Corporation | 6% | 57,197,214 | $2,428,021,777 |
| 2023-06-30 | Boston Partners | 3% | 25,748,754 | $1,093,034,626 |
| 2023-06-30 | Sanders Capital, LLC | 3% | 22,711,767 | $964,114,526 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 19,079,068 | $809,906,451 |
| 2023-06-30 | Morgan Stanley | 2% | 18,893,967 | $802,048,913 |
| 2023-06-30 | FMR, LLC | 2% | 18,020,973 | $764,990,317 |
| 2023-06-30 | Barrow, Hanley Mewhinney & Strauss, LLC | 2% | 13,558,702 | $575,566,910 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Halliburton Company.
