SLB Limited (NYSE:SLB – Get Free Report) insider Dianne Ralston sold 18,617 shares of the firm’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $49.50, for a total transaction of $921,541.50. Following the sale, the insider owned 224,097 shares of the company’s stock, valued at $11,092,801.50. This trade represents a 7.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
SLB Stock Down 3.5%
SLB opened at $48.87 on Thursday. SLB Limited has a twelve month low of $31.11 and a twelve month high of $51.67. The company’s 50-day moving average price is $40.97 and its two-hundred day moving average price is $36.98. The stock has a market cap of $73.07 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 3.43 and a beta of 0.72. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.36.
SLB (NYSE:SLB – Get Free Report) last issued its quarterly earnings results 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 net margin of 9.45% and a return on equity of 17.45%. The company had revenue of $9.75 billion during the quarter, compared to analyst estimates of $9.54 billion. During the same quarter last year, the business posted $0.92 EPS. SLB’s quarterly revenue was up 5.0% compared to the same quarter last year. As a group, equities analysts expect that SLB Limited will post 3.38 earnings per share for the current year.
SLB Increases Dividend
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Twin Peaks Wealth Advisors LLC bought a new position in shares of SLB in the second quarter worth $25,000. Root Financial Partners LLC purchased a new position in SLB during the third quarter worth about $29,000. Corsicana & Co. bought a new position in SLB in the 3rd quarter worth about $31,000. Strengthening Families & Communities LLC bought a new position in SLB in the 3rd quarter worth about $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SLB in the 4th quarter valued at about $31,000. 81.99% of the stock is owned by institutional investors.
SLB News Roundup
Here are the key news stories impacting SLB this week:
- Positive Sentiment: Multiple brokerages raised targets/ratings this week, supporting upside expectations (examples include Susquehanna’s boost to $58 and other bank notes showing constructive views). Susquehanna Boosts SLB Price Target
- Positive Sentiment: SLB won multi?year supply contracts in Oman (wellheads and artificial lift) and additional Middle East work, reinforcing near?term revenue visibility in the region. Business Wire: Oman Contracts
- Neutral Sentiment: Commentary pieces are re-evaluating SLB’s valuation and role in evolving energy markets — useful context for positioning but not an immediate catalyst. Yahoo: Is SLB Pricing Reflect Its Role?
- Neutral Sentiment: MarketWatch notes SLB has underperformed some peers recently despite intraday gains, which frames relative performance risk vs. other oilfield services names. MarketWatch: Underperformance vs Competitors
- Negative Sentiment: Significant coordinated insider selling occurred on Jan. 26 — including the CFO, EVP, CAO and multiple directors — amounting to multimillion?dollar disposals; markets often interpret clustered insider sales as a near?term negative signal. TipRanks: Coordinated Insider Selling
- Negative Sentiment: Individual SEC?filed insider sales include EVP Abdellah Merad (~$2.98M), CAO Howard Guild (~$659K) and CFO Stéphane Biguet (>$3M) — these specific filings have been widely reported and are weighing on sentiment. Benzinga: Howard Guild Sale Benzinga: Abdellah Merad Sale
- Negative Sentiment: A Freedom Capital downgrade moved SLB to a “strong sell” designation, creating a direct negative research catalyst amid otherwise bullish analyst activity. Zacks / Freedom Capital Downgrade
- Negative Sentiment: SLB’s JV with Aker Carbon Capture reported a loss on a carbon?capture project — this may temper near?term enthusiasm for SLB’s energy?transition growth narrative. Upstream: Loss on Carbon Capture Project
Analyst Upgrades and Downgrades
Several research firms have commented on SLB. Barclays upped 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. Argus upgraded shares of SLB to a “strong-buy” rating in a research note on Monday. Freedom Capital downgraded shares of SLB from a “hold” rating to a “strong sell” rating in a report on Tuesday. Piper Sandler boosted their target price on shares of SLB from $42.00 to $45.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $49.00 target price on shares of SLB in a research report on Wednesday, January 14th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $51.92.
Read Our Latest Research Report on SLB
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.
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