Griffin Securities Estimates Schlumberger Q1 Earnings

Schlumberger Limited (NYSE:SLB) – Griffin Securities issued their Q1 2026 EPS estimates for shares of Schlumberger in a report released on Sunday, May 4th. Griffin Securities analyst K. Simpson forecasts that the oil and gas company will earn $0.73 per share for the quarter. The consensus estimate for Schlumberger’s current full-year earnings is $3.38 per share. Griffin Securities also issued estimates for Schlumberger’s Q2 2026 earnings at $0.77 EPS, Q3 2026 earnings at $0.80 EPS, Q4 2026 earnings at $0.84 EPS and FY2026 earnings at $3.14 EPS.

Schlumberger (NYSE:SLB) last announced its quarterly earnings results on Friday, April 25th. The oil and gas company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.01). Schlumberger had a return on equity of 21.90% and a net margin of 12.29%. The business had revenue of $8.49 billion during the quarter, compared to the consensus estimate of $8.64 billion. During the same quarter in the prior year, the firm posted $0.75 EPS. The company’s revenue for the quarter was down 2.5% on a year-over-year basis.

SLB has been the subject of several other research reports. Citigroup lifted their price target on Schlumberger from $50.00 to $54.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Susquehanna cut their target price on Schlumberger from $48.00 to $46.00 and set a “positive” rating on the stock in a research report on Monday, April 28th. TD Cowen raised their price target on Schlumberger from $53.00 to $55.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. BMO Capital Markets cut their price objective on shares of Schlumberger from $53.00 to $48.00 in a research report on Thursday, January 16th. Finally, Piper Sandler lowered their target price on shares of Schlumberger from $46.00 to $44.00 and set a “neutral” rating for the company in a report on Tuesday, April 29th. Five investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Schlumberger currently has a consensus rating of “Moderate Buy” and an average price target of $53.32.

Schlumberger Stock Performance

Schlumberger stock opened at $33.76 on Tuesday. The company’s 50-day moving average price is $37.69 and its 200-day moving average price is $39.96. The company has a quick ratio of 1.11, a current ratio of 1.45 and a debt-to-equity ratio of 0.49. The company has a market cap of $45.92 billion, a PE ratio of 10.86, a price-to-earnings-growth ratio of 10.10 and a beta of 1.06. Schlumberger has a twelve month low of $31.11 and a twelve month high of $50.94.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SLB. First Command Advisory Services Inc. grew its holdings in Schlumberger by 300.0% in the first quarter. First Command Advisory Services Inc. now owns 636 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 477 shares during the last quarter. YANKCOM Partnership acquired a new stake in shares of Schlumberger in the 4th quarter worth $31,000. Stonebridge Financial Group LLC purchased a new position in Schlumberger during the 4th quarter worth $32,000. Golden State Wealth Management LLC acquired a new position in Schlumberger during the 4th quarter valued at about $34,000. Finally, Alpine Bank Wealth Management purchased a new stake in Schlumberger in the first quarter valued at about $34,000. Hedge funds and other institutional investors own 81.99% of the company’s stock.

Insider Activity

In other Schlumberger news, insider Gavin Rennick sold 26,990 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $40.92, for a total transaction of $1,104,430.80. Following the sale, the insider now owns 53,584 shares of the company’s stock, valued at approximately $2,192,657.28. This trade represents a 33.50 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Aparna Raman sold 25,133 shares of Schlumberger stock in a transaction on Friday, March 28th. The shares were sold at an average price of $42.28, for a total value of $1,062,623.24. Following the completion of the transaction, the insider now owns 31,031 shares in the company, valued at $1,311,990.68. This represents a 44.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

Schlumberger Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Wednesday, June 4th will be given a dividend of $0.285 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date is Wednesday, June 4th. Schlumberger’s payout ratio is 38.64%.

Schlumberger Company Profile

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.