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Janet L. Weiss, a director at Halliburton Co (NYSE:HAL), recently acquired 8,550 shares of the company’s common stock. The transaction, which took place on May 29, 2025, was executed at a price of $19.785 per share, resulting in a total investment of $169,161. The purchase comes as the stock trades near its 52-week low of $18.72, with InvestingPro analysis indicating the stock is currently undervalued. The company maintains a healthy 3.39% dividend yield and has consistently paid dividends for 55 consecutive years. Following this purchase, Weiss holds a total of 18,768.867 shares directly.
Additionally, Weiss has 6,092 restricted stock units, which are set to vest in one year on the first anniversary of the award. These units will convert to common stock either upon vesting or, if deferred, after she ceases to be a director.
In other recent news, Halliburton Company announced a dual listing of its common stock on the NYSE Texas, while maintaining its primary listing on the New York Stock Exchange. This strategic move aims to broaden Halliburton’s investor base and strengthen its ties to the Texas business community. Additionally, Halliburton declared a second-quarter dividend for 2025, set at $0.17 per share, payable on June 25, 2025, to shareholders recorded by June 4, 2025. Shareholders also approved all director nominees, ratified KPMG LLP as independent auditors, and gave advisory approval of executive compensation during the recent Annual Meeting of Shareholders.
In analyst updates, Stifel revised Halliburton’s stock price target to $32 from $37, maintaining a Buy rating despite disappointing first-quarter earnings and uninspiring second-quarter guidance. Barclays (LON:BARC) also adjusted its outlook, cutting the price target from $29 to $26, while maintaining an Equalweight rating, citing margin pressures and a cautious earnings season. Both firms highlighted concerns about Halliburton’s financial performance amid fluctuating oil prices and geopolitical uncertainties. Despite these challenges, Halliburton remains committed to improving its drilling and exploration margins in the latter half of 2025.
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