Insider Selling: SLB (NYSE:SLB) Director Sells 4,000 Shares of Stock

SLB Limited (NYSE:SLB) Director La Chevardiere Patrick De sold 4,000 shares of the company’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $50.29, for a total transaction of $201,160.00. Following the completion of the sale, the director directly owned 19,525 shares in the company, valued at approximately $981,912.25. This represents a 17.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

SLB Stock Up 2.0%

SLB stock traded up $1.00 during trading on Tuesday, reaching $50.70. 17,292,779 shares of the stock were exchanged, compared to its average volume of 24,034,508. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.36. The firm’s 50 day moving average is $40.42 and its 200 day moving average is $36.80. The firm has a market cap of $75.74 billion, a P/E ratio of 21.39 and a beta of 0.72. SLB Limited has a twelve month low of $31.11 and a twelve month high of $51.67.

SLB (NYSE:SLB) last released its earnings results on Friday, January 23rd. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.04. SLB had a return on equity of 17.45% and a net margin of 9.45%.The company had revenue of $9.75 billion during the quarter, compared to analyst estimates of $9.54 billion. During the same period in the prior year, the company posted $0.92 earnings per share. SLB’s quarterly revenue was up 5.0% on a year-over-year basis. As a group, research analysts forecast that SLB Limited will post 3.38 EPS for the current year.

SLB Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Wednesday, February 11th will be given a dividend of $0.295 per share. The ex-dividend date is Wednesday, February 11th. This is an increase from SLB’s previous quarterly dividend of $0.29. This represents a $1.18 dividend on an annualized basis and a yield of 2.3%. SLB’s dividend payout ratio (DPR) is 49.79%.

More SLB News

Here are the key news stories impacting SLB this week:

• Positive Sentiment: Argus upgraded SLB to “strong-buy”, boosting market confidence in the shares. Read Argus Upgrade
• Positive Sentiment: JPMorgan raised its price target to $54 and kept an “overweight” rating — a near-term catalyst that suggests more upside potential. Read JPMorgan Note
• Positive Sentiment: RBC Capital raised its target to $54 and reiterated an “outperform” view, reinforcing institutional demand. Read RBC Note Full Article
• Positive Sentiment: Susquehanna bumped its target to $58 (“positive”), the most bullish call among recent raises and a notable driver of upside expectations. Read Susquehanna Note Full Article
• Positive Sentiment: Bank of America raised its target to $55 and gave a “buy” rating; BMO made a similar move to $55 with an “outperform” — more analyst support that can attract flows. Read BofA/BMO Notes Full Article
• Neutral Sentiment: Analysis pieces are probing whether SLB’s current valuation properly reflects its role in energy transition services — helpful context for investor framing but not an immediate catalyst. Is SLB Pricing Reflect Its Role?
• Neutral Sentiment: Zacks published a look at SLB’s international revenue trends, useful for longer-term fundamental assessment but less likely to move the stock intraday. Interpreting International Revenue Trends
• Negative Sentiment: Upstream reports SLB and Aker Carbon Capture posted a loss on a carbon-capture project — a near-term operational/financial hit for the joint venture that could weigh on investor sentiment for energy-transition activities. SLB/Aker CC Loss

Wall Street Analyst Weigh In

SLB has been the subject of several research reports. Susquehanna increased their target price on SLB from $52.00 to $58.00 and gave the stock a “positive” rating in a research report on Monday. TD Cowen boosted their price target on SLB from $56.00 to $57.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Morgan Stanley reissued an “overweight” rating and issued a $50.00 target price on shares of SLB in a report on Wednesday, January 21st. Royal Bank Of Canada raised their target price on SLB from $51.00 to $54.00 and gave the stock an “outperform” rating in a report on Monday. Finally, Argus raised SLB to a “strong-buy” rating in a report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, SLB currently has an average rating of “Buy” and a consensus target price of $51.92.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SLB. Vanguard Group Inc. boosted its position in shares of SLB by 23.3% during the 3rd quarter. Vanguard Group Inc. now owns 185,374,879 shares of the oil and gas company’s stock worth $6,371,335,000 after purchasing an additional 35,057,313 shares during the period. State Street Corp lifted its holdings in SLB by 7.0% in the third quarter. State Street Corp now owns 83,617,999 shares of the oil and gas company’s stock valued at $2,898,037,000 after acquiring an additional 5,466,786 shares during the period. Franklin Resources Inc. raised its holdings in SLB by 30.4% during the second quarter. Franklin Resources Inc. now owns 20,233,749 shares of the oil and gas company’s stock worth $683,901,000 after purchasing an additional 4,719,852 shares during the last quarter. Norges Bank purchased a new position in shares of SLB during the 2nd quarter worth approximately $618,697,000. Finally, Dimensional Fund Advisors LP raised its position in shares of SLB by 25.2% in the third quarter. Dimensional Fund Advisors LP now owns 15,366,347 shares of the oil and gas company’s stock valued at $528,217,000 after buying an additional 3,094,764 shares during the last quarter. 81.99% of the stock is currently owned by hedge funds and other institutional investors.

About SLB

SLB (NYSE: SLB), historically known as Schlumberger, is a leading global provider of technology, integrated project management and information solutions for the energy industry. Founded by Conrad and Marcel Schlumberger in 1926, the company develops and supplies products and services used across the exploration, drilling, completion and production phases of oil and gas development. Its offerings are intended to help operators characterize reservoirs, drill and complete wells, optimize production and manage field operations throughout the asset lifecycle.

SLB’s product and service portfolio spans reservoir characterization and well testing, wireline and logging services, directional drilling and drilling tools, well construction and completion technologies, production systems, and subsea equipment.