Hotchkis & Wiley Capital Management LLC has sold 3,310,123 shares of
Halliburton Company ($HAL), while
Trexquant Investment LP and
CW Advisors LLC took positions in the company. Large investments were also made by
AlphaQuest LLC,
Credit Agricole S A and
Gamco Investors INC. ET AL. However, entities like
American Century Companies Inc.,
Wellington Management Group LLP and
Korea Investment CORP decreased their holdings. Despite a recent downturn, several financial firms such as
BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased their stock holdings and
Campbell & CO Investment Adviser LLC invested over $2.91 million in the company. The company’s overall performance has been under scrutiny due to a likely decrease in Q2 profits, lower margins and wall street's divided opinion. Nevertheless,
Melius Research has initiated coverage on $HAL, and there are suggestions of high upside potential despite a softening market. In anticipation of its Q2 earnings report, Halliburton announced a quarterly dividend of $0.17 per share. Lastly, future prospects include a partnership with
Chevron to launch a closed-loop fracturing system and an alliance with
Petronas for oil exploration.
Halliburton Company HAL News Analytics from Tue, 21 Jan 2025 08:00:00 GMT to Sun, 31 Aug 2025 00:25:11 GMT -
Rating 0
- Innovation -5
- Information 7
- Rumor -6
