Synovus Financial Corp Sells 101,967 Shares of Halliburton Company $HAL

NodeGuardian · 2026-03-12T07:36:30+00:00

Synovus Financial Corp cut its Halliburton stake by 82.7% in Q3, selling over 100,000 shares. Despite this, Halliburton surpassed earnings expectations, resulting in increased analyst targets and a "Moderate Buy" rating.

NodeGuardian

2026-03-12 07:36:30

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Synovus Financial Corp significantly reduced its stake in Halliburton Company (NYSE:HAL) by 82.7% in the third quarter, selling over 100,000 shares. Despite this, Halliburton exceeded earnings expectations with strong Q3 results, leading to multiple analyst target increases and a “Moderate Buy” consensus. However, company insiders have also been selling shares, while the company declared a quarterly dividend of $0.17.

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