Resona Asset Management Co. Ltd. Has $17.03 Million Position in SLB Limited $SLB

Resona Asset Management Co. Ltd. grew its position in SLB Limited (NYSE:SLB) by 6.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 493,865 shares of the oil and gas company’s stock after purchasing an additional 28,689 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in SLB were worth $17,034,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SLB. Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of SLB by 7.9% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 648,997 shares of the oil and gas company’s stock valued at $22,306,000 after buying an additional 47,551 shares during the period. UniSuper Management Pty Ltd grew its stake in SLB by 21.1% in the third quarter. UniSuper Management Pty Ltd now owns 137,891 shares of the oil and gas company’s stock valued at $4,739,000 after acquiring an additional 24,027 shares during the period. Ridgewood Investments LLC increased its holdings in shares of SLB by 1.7% in the third quarter. Ridgewood Investments LLC now owns 24,106 shares of the oil and gas company’s stock worth $829,000 after acquiring an additional 400 shares in the last quarter. Strs Ohio increased its holdings in shares of SLB by 4.0% in the third quarter. Strs Ohio now owns 566,483 shares of the oil and gas company’s stock worth $19,470,000 after acquiring an additional 21,611 shares in the last quarter. Finally, Outlook Wealth Advisors LLC acquired a new stake in shares of SLB during the third quarter worth about $587,000. 81.99% of the stock is owned by institutional investors.

Insider Buying and Selling at SLB

In related news, EVP Abdellah Merad sold 60,000 shares of SLB stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $37.69, for a total transaction of $2,261,400.00. Following the completion of the transaction, the executive vice president owned 159,371 shares in the company, valued at approximately $6,006,692.99. This trade represents a 27.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Stephane Biguet sold 38,447 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $36.75, for a total value of $1,412,927.25. Following the transaction, the chief financial officer directly owned 175,690 shares in the company, valued at approximately $6,456,607.50. This trade represents a 17.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 103,947 shares of company stock worth $3,871,337 over the last quarter. 0.22% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

SLB has been the subject of a number of research reports. Sanford C. Bernstein increased their target price on SLB from $47.60 to $52.30 and gave the stock an “outperform” rating in a research note on Thursday, December 11th. Piper Sandler upped their price target on shares of SLB from $42.00 to $45.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. The Goldman Sachs Group restated a “buy” rating and set a $49.00 price objective on shares of SLB in a report on Wednesday, January 14th. Susquehanna boosted their price objective on shares of SLB from $42.00 to $52.00 and gave the company a “positive” rating in a research report on Wednesday, January 7th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $51.00 target price on shares of SLB in a report on Thursday, January 15th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $49.84.

More SLB News

Here are the key news stories impacting SLB this week:

• Positive Sentiment: Raised dividend and shareholder returns — SLB increased its quarterly dividend to $0.295 (3.5% raise) and said it plans to return more than $4 billion to shareholders in 2026, supporting income-seeking investors and signaling confidence in cash generation. SLB Raises Dividend 3.5%; Aims to Return More Than $4 Billion to Holders
• Positive Sentiment: Quarterly revenue and EPS modestly beat expectations — Q4 revenue (~$9.74–9.75B) topped estimates and reported EPS ($0.78) beat the consensus of $0.74, showing demand gains in Digital and Production Systems that helped offset weaker areas. SLB Q4 earnings / MarketBeat
• Positive Sentiment: Venezuela growth optionality — Management says SLB can rapidly scale operations in Venezuela if licensing and compliance permit, opening a potentially large incremental market over time. Investors view this as a material upside contingent on geopolitics/regulatory approvals. SLB is poised to rapidly increase activities in Venezuela
• Neutral Sentiment: Analyst coverage and price targets remain constructive but mixed — multiple firms maintain Buy/Outperform ratings with a median target near $52, providing support but also showing a range of views. QuiverQuant analyst/target roundup
• Neutral Sentiment: More color available from the earnings call transcript — analysts and management discuss ChampionX integration, regional recovery and margin dynamics; useful for investors assessing guidance and segment trends. SLB Q4 2025 Earnings Call Transcript
• Negative Sentiment: Profitability and cash-flow weakness — despite top-line growth, gross profit, operating profit and cash from operations declined year?over?year, and operating margin fell, raising questions about near-term earnings sustainability. That pressure helps explain cautious selling. Schlumberger Q4 results and cash/margin details
• Negative Sentiment: Insider selling noted — recent filings show several insider sales, which can weigh on sentiment even if not unusual at large firms. QuiverQuant insider activity
• Negative Sentiment: Market reaction reflects mixed messaging — some outlets highlighted sliding profit/revenue dynamics and regional struggles that management says are improving, producing short-term volatility. TipRanks: SLB earnings reaction

SLB Trading Down 0.7%

SLB stock opened at $49.00 on Monday. The company has a market cap of $73.20 billion, a price-to-earnings ratio of 20.67 and a beta of 0.72. The firm has a 50-day moving average of $40.14 and a 200-day moving average of $36.71. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.33 and a quick ratio of 0.98. SLB Limited has a one year low of $31.11 and a one year high of $51.67.

SLB (NYSE:SLB) last issued its quarterly earnings results on Friday, January 23rd. The oil and gas company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.74 by $0.04. The firm had revenue of $9.75 billion during the quarter, compared to analysts’ expectations of $9.54 billion. SLB had a return on equity of 17.45% and a net margin of 9.45%.The business’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.92 earnings per share. On average, equities analysts expect that SLB Limited will post 3.38 earnings per share for the current fiscal year.

SLB Increases Dividend

The company 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. 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. The ex-dividend date of this dividend is Wednesday, February 11th. SLB’s payout ratio is currently 48.10%.

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.