Capital One Financial Predicts NOV’s Q3 Earnings (NYSE:NOV)

NOV Inc. (NYSE:NOV) – Investment analysts at Capital One Financial lowered their Q3 2025 EPS estimates for shares of NOV in a research note issued on Thursday, November 21st. Capital One Financial analyst D. Becker now expects that the oil and gas exploration company will post earnings of $0.38 per share for the quarter, down from their prior forecast of $0.40. The consensus estimate for NOV’s current full-year earnings is $1.59 per share. Capital One Financial also issued estimates for NOV’s FY2025 earnings at $1.46 EPS, Q1 2026 earnings at $0.36 EPS, Q2 2026 earnings at $0.42 EPS, Q3 2026 earnings at $0.44 EPS and FY2026 earnings at $1.71 EPS.

A number of other research analysts have also recently commented on NOV. Citigroup cut NOV from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $21.00 to $18.00 in a report on Monday, November 11th. Morgan Stanley lowered their target price on shares of NOV from $25.00 to $23.00 and set an “overweight” rating on the stock in a report on Monday, September 16th. Wells Fargo & Company cut their target price on shares of NOV from $16.00 to $15.00 and set an “underweight” rating for the company in a research note on Monday, November 4th. JPMorgan Chase & Co. decreased their price target on shares of NOV from $23.00 to $22.00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. Finally, TD Cowen cut their price objective on NOV from $28.00 to $22.00 and set a “buy” rating for the company in a research report on Monday, October 28th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $21.64.

NOV Price Performance

NYSE NOV opened at $16.61 on Monday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.65 and a current ratio of 2.57. NOV has a fifty-two week low of $14.98 and a fifty-two week high of $21.23. The business’s fifty day moving average is $16.05 and its 200 day moving average is $17.42. The company has a market capitalization of $6.46 billion, a PE ratio of 6.13, a price-to-earnings-growth ratio of 0.95 and a beta of 1.66.

Institutional Trading of NOV

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NOV. Rothschild Investment LLC purchased a new stake in shares of NOV during the second quarter valued at $28,000. Quarry LP purchased a new stake in NOV in the 3rd quarter valued at about $36,000. American National Bank & Trust bought a new position in NOV in the 3rd quarter worth about $39,000. International Assets Investment Management LLC increased its position in shares of NOV by 1,590.1% during the third quarter. International Assets Investment Management LLC now owns 2,907 shares of the oil and gas exploration company’s stock worth $46,000 after acquiring an additional 2,735 shares during the period. Finally, Brooklyn Investment Group bought a new stake in shares of NOV during the third quarter valued at approximately $48,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director David D. Harrison sold 1,784 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $16.10, for a total value of $28,722.40. Following the completion of the sale, the director now owns 110,951 shares in the company, valued at approximately $1,786,311.10. This trade represents a 1.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.85% of the company’s stock.

NOV Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be given a dividend of $0.075 per share. The ex-dividend date is Friday, December 6th. This represents a $0.30 dividend on an annualized basis and a yield of 1.81%. NOV’s dividend payout ratio (DPR) is presently 11.07%.

NOV Company Profile

NOV Inc designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.