Atb Cap Markets Comments on NOV Inc.’s Q2 2025 Earnings (NYSE:NOV)

NOV Inc. (NYSE:NOV) – Investment analysts at Atb Cap Markets dropped their Q2 2025 earnings per share estimates for shares of NOV in a research report issued to clients and investors on Tuesday, April 30th. Atb Cap Markets analyst W. Syed now forecasts that the oil and gas exploration company will post earnings of $0.40 per share for the quarter, down from their prior forecast of $0.42. The consensus estimate for NOV’s current full-year earnings is $1.54 per share. Atb Cap Markets also issued estimates for NOV’s Q4 2025 earnings at $0.62 EPS, FY2025 earnings at $1.86 EPS and FY2026 earnings at $2.31 EPS.

A number of other research analysts also recently weighed in on the stock. Stifel Nicolaus reduced their target price on shares of NOV from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Monday, February 5th. StockNews.com upgraded NOV from a “sell” rating to a “hold” rating in a research note on Wednesday, January 31st. Susquehanna restated a “positive” rating and issued a $26.00 target price on shares of NOV in a research note on Monday, April 8th. TD Cowen lowered their price target on shares of NOV from $27.00 to $26.00 and set a “buy” rating on the stock in a report on Monday, April 29th. Finally, Raymond James cut their price objective on shares of NOV from $28.00 to $25.00 and set an “outperform” rating for the company in a research report on Monday, February 5th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, NOV presently has a consensus rating of “Hold” and a consensus target price of $24.07.

NOV Trading Down 0.1 %

NYSE NOV opened at $18.54 on Friday. NOV has a one year low of $14.05 and a one year high of $21.91. The business’s fifty day moving average is $18.74 and its 200-day moving average is $19.11. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.50. The stock has a market capitalization of $7.33 billion, a price-to-earnings ratio of 7.45, a PEG ratio of 0.79 and a beta of 1.74.

NOV (NYSE:NOV) last issued its quarterly earnings results on Thursday, April 25th. The oil and gas exploration company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. The business had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.11 billion. NOV had a return on equity of 10.21% and a net margin of 11.23%. NOV’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period last year, the company posted $0.32 earnings per share.

Institutional Investors Weigh In On NOV

A number of institutional investors have recently made changes to their positions in the business. Balyasny Asset Management L.P. raised its position in NOV by 769.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 6,166,061 shares of the oil and gas exploration company’s stock worth $125,048,000 after purchasing an additional 5,456,581 shares during the period. FMR LLC increased its holdings in shares of NOV by 30.9% in the third quarter. FMR LLC now owns 18,514,921 shares of the oil and gas exploration company’s stock worth $386,962,000 after buying an additional 4,369,540 shares during the period. Pzena Investment Management LLC lifted its stake in shares of NOV by 12.7% in the 1st quarter. Pzena Investment Management LLC now owns 35,072,648 shares of the oil and gas exploration company’s stock valued at $684,618,000 after acquiring an additional 3,946,504 shares during the last quarter. Schroder Investment Management Group purchased a new stake in NOV during the 3rd quarter valued at about $13,329,000. Finally, Goldman Sachs Group Inc. grew its position in NOV by 95.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 879,960 shares of the oil and gas exploration company’s stock worth $17,846,000 after acquiring an additional 429,104 shares during the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Insider Buying and Selling at NOV

In other news, CAO Christy Lynn Novak sold 3,500 shares of the company’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $17.43, for a total value of $61,005.00. Following the completion of the transaction, the chief accounting officer now directly owns 114,212 shares in the company, valued at approximately $1,990,715.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.85% of the company’s stock.

NOV Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were paid a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.20 dividend on an annualized basis and a yield of 1.08%. NOV’s dividend payout ratio is presently 8.03%.

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.