Bank of New York Mellon Corp has reduced its
stock holdings in
Halliburton Company (HAL), while Assetmark Inc. has sold off HAL shares. In contrast, several other firms, including Anchor Capital Advisors, Freestone Capital Holdings, State of Michigan Retirement System, and iA Global Asset Management have increased their positions. HAL has been a topic of various earnings play talks, and some even anticipate a potential rally for HAL.
The company has received a rating upgrade from Rothschild Redb and Rothschild & Co Redburn. However, the stock is also noted to potentially fall amid lower expectations for Q2 profits and other downward pressures. On a positive note, HAL has experienced an earnings beat after preventing cost savings, although the company forecasts a steep full-year revenue decline due to softer demand.
Halliburton is also observed to be simultaneously initiated or increased by numerous portfolios such as Machina Capital, Allianz Asset Management, Michael Burry, OVERSEA CHINESE BANKING Corp Ltd, Scion Asset Management, AustralianSuper Pty Ltd, and Aberdeen Group plc among others.
Halliburton Company HAL News Analytics from Tue, 04 Mar 2025 08:00:00 GMT to Sat, 08 Nov 2025 09:02:49 GMT -
Rating 6
- Innovation -2
- Information 7
- Rumor -3