State Street Corp Updates Passive Stake in Halliburton Co

TL;DR

**State Street still holds Halliburton shares, signaling institutional confidence.**

AI Summary

State Street Corp, a major financial institution, filed an amended SC 13G/A on January 29, 2024, indicating its ownership of Halliburton Co's common stock as of December 31, 2023. This filing is an update to their previous disclosures, confirming their continued significant, but passive, investment in the oilfield services giant. This matters to investors because it shows a large institutional holder maintains its position, suggesting confidence in Halliburton's long-term prospects, even if the exact percentage of ownership isn't detailed in this snippet.

Why It Matters

This filing confirms a major institutional investor, State Street Corp, continues to hold a significant, passive stake in Halliburton, signaling ongoing institutional confidence in the company.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate risks or changes in company operations.

Analyst Insight

Investors should note that a major institutional player like State Street Corp continues to hold Halliburton stock, which can be a positive signal, but this filing alone doesn't provide details on the percentage of ownership or any change from previous filings, so further investigation into State Street's specific holdings is warranted.

Key Numbers

• 406216101 — CUSIP Number (Identifies Halliburton Co's common stock)
• 12/31/2023 — Date of Event (The snapshot date for the reported ownership)

Key Players & Entities

• State Street Corp (company) — the reporting person and institutional investor
• Halliburton Co (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• January 29, 2024 (date) — the filing date of the SC 13G/A
• 406216101 (number) — the CUSIP number for Halliburton Co common stock

Forward-Looking Statements

• State Street Corp will maintain a significant, passive stake in Halliburton Co throughout 2024. (State Street Corp) — medium confidence, target: 12/31/2024

FAQ

From the Filing

0000093751-24-000316.txt : 20240129 0000093751-24-000316.hdr.sgml : 20240129 20240129105444 ACCESSION NUMBER: 0000093751-24-000316 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240129 DATE AS OF CHANGE: 20240129 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HALLIBURTON CO CENTRAL INDEX KEY: 0000045012 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 752677995 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38236 FILM NUMBER: 24571402 BUSINESS ADDRESS: STREET 1: 3000 NORTH SAM HOUSTON PARKWAY EAST STREET 2: 3000 NORTH SAM HOUSTON PARKWAY EAST CITY: HOUSTON STATE: TX ZIP: 77032 BUSINESS PHONE: 2818712699 MAIL ADDRESS: STREET 1: 3000 NORTH SAM HOUSTON PARKWAY EAST STREET 2: 3000 NORTH SAM HOUSTON PARKWAY EAST CITY: HOUSTON STATE: TX ZIP: 77032 FORMER COMPANY: FORMER CONFORMED NAME: HALLIBURTON OIL WELL CEMENTING CO DATE OF NAME CHANGE: 19660911 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STATE STREET CORP CENTRAL INDEX KEY: 0000093751 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 042456637 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1 CONGRESS STREET STREET 2: SUITE 1 CITY: BOSTON STATE: MA ZIP: 02114 BUSINESS PHONE: 617 786-3000 MAIL ADDRESS: STREET 1: 1 CONGRESS STREET STREET 2: SUITE 1 CITY: BOSTON STATE: MA ZIP: 02114 FORMER COMPANY: FORMER CONFORMED NAME: STATE STREET Corp DATE OF NAME CHANGE: 20090218 FORMER COMPANY: FORMER CONFORMED NAME: STATE STREET CORP DATE OF NAME CHANGE: 19970424 FORMER COMPANY: FORMER CONFORMED NAME: STATE STREET BOSTON FINANCIAL CORP DATE OF NAME CHANGE: 19780525 SC 13G/A 1 Halliburton_Co.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 AMENDED FILING HALLIBURTON CO (NAME OF ISSUER) COMMON STOCK (TITLE OF CLASS OF SECURITIES) 406216101 (CUSIP NUMBER) 12/31/2023 (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT) CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE IS FILED: (X) RULE 13D-1 (B) ( ) RULE 13D-1 (C) ( ) RULE 13D-1 (D) *THE REMAINDER OF THIS COVER PAGE SHALL BE FILLED OUT FOR A REPORTING PERSON`S INITIAL FILING ON THIS FORM WITH RESPECT TO THE SUBJECT CLASS OF SECURITIES, AND FOR ANY SUBSEQUENT AMENDMENT CONTAINING INFORMATION WHICH WOULD ALTER THE DISCLOSURES PROVIDED IN A PRIOR COVER PAGE. THE INFORMATION REQUIRED IN THE REMAINDER OF THIS COVER PAGE SHALL NOT BE DEEMED TO BE "FILED" FOR THE PURPOSE OF SECTION 18 OF THE SECURITIES EXCHANGE ACT OF 1934 ("ACT") OR OTHERWISE SUBJECT TO THE LIABILITIES OF THAT SECTION OF THE ACT BUT SHALL BE SUBJECT TO ALL OTHER PROVISIONS OF THE ACT (HOWEVER, SEE THE NOTES). CUSIP NO:406216101 13G Page 2 of 5 Pages 1. NAME OF REPORTING PERSON: STATE STREET CORPORATION I.R.S. IDENTIFICATION NO. OF THE ABOVE PERSON: 04-2456637 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP NOT APPLICABLE 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION BOSTON, MASSACHUSETTS 5. SOLE VOTING POWER 0 SHARES 6. SHARED VOTING POWER 38,556,304 7. SOLE DISPOSITIVE POWER 0 SHARES 8. SHARED DISPOSITIVE POWER 55,082,867 9. AGGREGATED AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 55,117,076 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES NOT APPLICABLE 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.16% 12. TYPE OF REPORTING PERSON HC CUSIP NO: 406216101 13G Page 3 of 5 Pages ITEM 1. (A) NAME OF ISSUER HALLIBURTON CO (B) ADDRESS OF ISSUER`S PRINCIPAL EXECUTIVE OFFICES 3000 NORTH SAM HOUSTON PARKWAY EAST HOUSTON TX 77032 UNITED STATES ITEM 2. (A) NAME OF PERSON FILING STATE STREET CORPORATION (B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE STATE STREET FINANCIAL CENTER 1 CONGRESS STREET