15 Best Stocks To Invest In For Retirement

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5. Halliburton Company (NYSE:HAL)

Dividend Yield as of February 19: 2.54%

Number of Hedge Fund Holders: 49

Founded in 1919, Halliburton Company (NYSE:HAL) is headquartered in Houston, Texas. It is a leading American energy services company and the world’s second-largest oilfield service provider, specializing in fracking, drilling, and production optimization. Halliburton also offers well-stimulation, cementing, digital solutions, and reservoir management.

Halliburton Company (NYSE:HAL) raked in $22.9 billion in revenue for 2024. While international business grew 6%, led by an 8% growth in the Middle East and Asia, North America saw an 8% decline. The company generated $3.9 billion in cash from operations and $2.6 billion in free cash flow. Shareholders saw a 60% return on free cash flow, with $1 billion spent on stock buybacks and $600 million paid out in dividends.

On February 12, 2025, Halliburton Company (NYSE:HAL) announced a $0.17 per share quarterly dividend. The dividend is set to be paid on March 26, to shareholders on record as of March 5. It is one of the best stocks to buy for a retirement portfolio.

According to Insider Monkey’s fourth quarter database, 49 hedge funds were long Halliburton Company (NYSE:HAL), up from 38 funds in the earlier quarter. Israel Englander’s Millennium Management is the leading stakeholder of the company, with 6.64 million shares valued at $180.7 million.

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