Halliburton (HAL) has observed notable fluctuations in its stock positions, with several investment bodies such as
Stephens Inc. AR,
First Trust Advisors LP, and
Tower Research Capital LLC TRC either raising or decreasing their stake in the oil giant.
Public Employees Retirement Association of Colorado and
Scotia Capital Inc. have also increased their holdings. It is noteworthy that institutional investors currently own 88% of
HAL. The retail investors should not overlook the company's reduction in stock post their earnings report. Furthermore, despite the broader market's gains,
HAL's stock experienced momentary dips. Nonetheless, it has managed to secure significant dividends, notably a US$0.17 and ex-dividends scheduled for June 5th. In terms of forthcoming business moves, Halliburton has invited Africa's companies to submit Expressions of Interest (EOI) and it has also released solid 2023 financial results with increased dividends. With Q4 earnings beating estimates, Halliburton's total return for investors has risen to be faster than its earnings growth over the last five years.
Halliburton Company HAL News Analytics from Fri, 27 Oct 2023 07:00:00 GMT to Sun, 09 Jun 2024 17:16:37 GMT -
Rating -1
- Innovation -5
- Information 6
- Rumor -4