Mediolanum International Funds Ltd Grows Stock Holdings in SLB Limited $SLB

Mediolanum International Funds Ltd lifted its holdings in SLB Limited (NYSE:SLB) by 4.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,192,756 shares of the oil and gas company’s stock after acquiring an additional 46,933 shares during the quarter. Mediolanum International Funds Ltd owned 0.08% of SLB worth $41,878,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SLB. Howard Capital Management Inc. raised its stake in shares of SLB by 3.2% during the 3rd quarter. Howard Capital Management Inc. now owns 9,165 shares of the oil and gas company’s stock valued at $315,000 after buying an additional 288 shares during the last quarter. Hedges Asset Management LLC boosted its stake in shares of SLB by 0.9% in the third quarter. Hedges Asset Management LLC now owns 35,000 shares of the oil and gas company’s stock worth $1,203,000 after buying an additional 300 shares during the last quarter. Legacy Wealth Asset Management LLC grew its holdings in SLB by 2.2% during the second quarter. Legacy Wealth Asset Management LLC now owns 14,382 shares of the oil and gas company’s stock worth $486,000 after acquiring an additional 308 shares during the period. LRI Investments LLC raised its position in SLB by 21.7% during the third quarter. LRI Investments LLC now owns 1,785 shares of the oil and gas company’s stock valued at $61,000 after acquiring an additional 318 shares in the last quarter. Finally, NewSquare Capital LLC lifted its holdings in SLB by 51.4% in the second quarter. NewSquare Capital LLC now owns 1,004 shares of the oil and gas company’s stock valued at $34,000 after acquiring an additional 341 shares during the period. 81.99% of the stock is currently owned by institutional investors and hedge funds.

SLB Stock Down 0.1%

SLB stock opened at $48.38 on Friday. SLB Limited has a 52 week low of $31.11 and a 52 week high of $51.67. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.36. The firm has a 50-day simple moving average of $41.48 and a 200-day simple moving average of $37.15. The stock has a market capitalization of $72.34 billion, a P/E ratio of 20.41, a P/E/G ratio of 3.30 and a beta of 0.72.

SLB (NYSE:SLB) last posted its quarterly earnings data on Friday, January 23rd. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $9.54 billion. During the same period in the previous year, the firm posted $0.92 EPS. SLB’s revenue was up 5.0% compared to the same quarter last year. Equities analysts forecast that SLB Limited will post 3.38 earnings per share for the current fiscal year.

SLB Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Wednesday, February 11th will be paid a $0.295 dividend. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $1.18 annualized dividend and a yield of 2.4%. This is an increase from SLB’s previous quarterly dividend of $0.29. SLB’s dividend payout ratio is currently 48.10%.

SLB News Roundup

Here are the key news stories impacting SLB this week:

• Positive Sentiment: SLB won two contracts from Petroleum Development Oman for operations in Block‑6 — a revenue and backlog positive, reinforcing international E&P service demand. SLB wins two contracts from PDO for Oman’s Block-6
• Positive Sentiment: Argus upgraded SLB, which can support near‑term buying interest and lift price targets or sentiment among momentum traders. SLB (NYSE:SLB) Upgraded at Argus
• Positive Sentiment: Analyst coverage remains broadly constructive: one roundup shows a consensus around a “Moderate Buy” and discussion of Wall Street expectations — that analyst sentiment and price targets can provide support. SLB Limited (NYSE:SLB) Given Consensus Recommendation of “Moderate Buy” by Analysts Are Wall Street Analysts Predicting SLB N.V. Stock Will Climb or Sink?
• Neutral Sentiment: SLB is a “trending” stock on Zacks (high investor interest), which can boost volume and volatility but doesn’t by itself change fundamentals. SLB Limited (SLB) Is a Trending Stock
• Negative Sentiment: Insider selling reported: a transaction totaling $921,541.50 was disclosed — investors often view sizable insider sales as a near‑term negative signal. Insider Selling: SLB (NYSE:SLB) Insider Sells $921,541.50 in Stock
• Negative Sentiment: Additional insider sale: SLB’s CAO sold $659,419.60 of stock, which may add selling pressure or raise governance questions for some investors. Insider Selling: SLB (NYSE:SLB) CAO Sells $659,419.60 in Stock
• Negative Sentiment: Stephane Biguet disclosed a sale of 61,017 shares — another insider disposition that investors may interpret as a negative near‑term signal even if for personal/liquidity reasons. Stephane Biguet Sells 61,017 Shares of SLB (NYSE:SLB) Stock
• Negative Sentiment: Freedom Capital cut SLB to “Strong Sell” — a boutique downgrade that can pressure sentiment among retail and technical traders even if larger sell‑side shops remain neutral/positive. SLB (NYSE:SLB) Cut to Strong Sell at Freedom Capital

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SLB. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SLB in a research note on Wednesday, October 8th. Freedom Capital downgraded shares of SLB from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 27th. Barclays lifted their price objective on shares of SLB from $47.00 to $49.00 and gave the company an “overweight” rating in a report on Monday, January 26th. BMO Capital Markets upped their price objective on shares of SLB from $53.00 to $55.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Finally, UBS Group restated a “buy” rating on shares of SLB in a research report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $51.92.

Insider Buying and Selling

In other news, CAO Howard Guild sold 13,268 shares of the firm’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $49.70, for a total value of $659,419.60. Following the transaction, the chief accounting officer directly owned 22,407 shares of the company’s stock, valued at approximately $1,113,627.90. This trade represents a 37.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Peter John Coleman sold 5,500 shares of the business’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $35.82, for a total transaction of $197,010.00. Following the transaction, the director owned 18,671 shares in the company, valued at $668,795.22. The trade was a 22.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 260,849 shares of company stock worth $11,668,003 in the last ninety days. Company insiders own 0.22% of the company’s stock.

SLB Company Profile

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.