BlackRock Amends Halliburton Stake, Files SC 13G/A on Dec 31, 2023 Holdings
Ticker: HAL · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 45012
| Field | Detail |
|---|---|
| Company | Halliburton CO (HAL) |
| Form Type | SC 13G/A |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
Related Tickers: HAL
TL;DR
**BlackRock updated its Halliburton holdings, a routine disclosure for a major institutional investor.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 25, 2024, disclosing its ownership of Halliburton Company's Common Stock as of December 31, 2023. This amendment, number 14, indicates a change in BlackRock's beneficial ownership, which is a routine update for large institutional investors. For investors, this filing confirms BlackRock's continued significant, albeit passive, stake in Halliburton, suggesting ongoing institutional confidence in the oilfield services company.
Why It Matters
This filing shows that BlackRock, a major institutional investor, continues to hold a significant position in Halliburton, which can be seen as a vote of confidence in the company's long-term prospects.
Risk Assessment
Risk Level: low — This is a routine amendment by a large institutional investor, indicating no immediate significant risk or change in company fundamentals.
Analyst Insight
An investor should view this as a routine disclosure from a major institutional holder, confirming BlackRock's continued passive investment in Halliburton. It doesn't signal any immediate buy or sell action but reinforces the company's institutional backing.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Halliburton Company (company) — the issuer of the securities being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 14)'.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as stated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
Which company's securities are being reported in this filing?
The securities being reported belong to HALLIBURTON COMPANY, as specified under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HALLIBURTON CO' and 'HALLIBURTON COMPANY (Name of Issuer)'.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as explicitly stated in the filing.
What is the CUSIP Number for the securities mentioned?
The CUSIP Number for the Common Stock of Halliburton Company is 406216101, as listed in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding HALLIBURTON CO (HAL).