New York State Common Retirement Fund Buys 186,105 Shares of Halliburton Company $HAL

Core Viewpoint - The New York State Common Retirement Fund has increased its investment in Halliburton Company by 12.8% in the third quarter, indicating growing institutional interest in the oilfield services company [2]. Institutional Investment - The New York State Common Retirement Fund now holds 1,645,526 shares of Halliburton, valued at $40,480,000, after acquiring an additional 186,105 shares [2]. - Vanguard Group Inc. raised its stake in Halliburton by 1.6%, owning 105,363,599 shares valued at $2,147,310,000 after purchasing 1,617,696 shares [3]. - Charles Schwab Investment Management Inc. increased its holdings by 1.2%, now owning 30,287,989 shares worth $617,269,000 after buying 346,218 shares [3]. - Geode Capital Management LLC lifted its stake by 0.4%, owning 22,342,963 shares valued at $453,461,000 after acquiring 92,549 shares [3]. - Invesco Ltd. boosted its holdings by 10.1%, now owning 11,903,833 shares worth $242,600,000 after purchasing 1,089,928 shares [3]. - Pacer Advisors Inc. increased its stake by 23.1%, owning 10,154,605 shares valued at $249,803,000 after buying 1,906,724 shares [3]. - Institutional investors and hedge funds collectively own 85.23% of Halliburton's stock [3]. Analyst Ratings - TD Cowen raised its price target for Halliburton from $39.00 to $40.00, maintaining a "buy" rating [4]. - Citigroup increased its target price from $33.00 to $38.00, also giving a "buy" rating [4]. - Susquehanna raised its price target from $36.00 to $40.00, assigning a "positive" rating [4]. - Zacks Research upgraded Halliburton from a "strong sell" to a "hold" rating [4]. - Redburn Partners set a price objective of $35.00 [4]. - The consensus rating for Halliburton is "Moderate Buy" with an average price target of $34.76 [4]. Financial Performance - Halliburton reported earnings per share (EPS) of $0.69 for the last quarter, exceeding the consensus estimate of $0.55 by $0.14 [6]. - The company generated revenue of $5.66 billion, surpassing analyst estimates of $5.39 billion, with a year-over-year revenue increase of 0.8% [6]. - Halliburton's return on equity was 19.77%, and its net margin was 5.78% [6]. Stock Performance - Halliburton shares opened at $33.52, with a market capitalization of $28.21 billion [5]. - The company has a current ratio of 2.04, a quick ratio of 1.51, and a debt-to-equity ratio of 0.68 [5]. - The stock has a 1-year low of $18.72 and a high of $35.55, with a price-to-earnings ratio of 22.20 and a PEG ratio of 1.99 [5]. Dividend Information - Halliburton announced a quarterly dividend of $0.17 per share, representing an annualized dividend of $0.68 and a yield of 2.0% [7]. - The dividend payout ratio is currently 45.03% [7].