Hussman Strategic Advisors Inc. Invests $1.44 Million in SLB Limited $SLB

Hussman Strategic Advisors Inc. bought a new stake in shares of SLB Limited (NYSE:SLB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 42,000 shares of the oil and gas company’s stock, valued at approximately $1,444,000.

Several other large investors also recently bought and sold shares of SLB. Hedges Asset Management LLC grew its stake in shares of SLB by 0.9% in the 3rd quarter. Hedges Asset Management LLC now owns 35,000 shares of the oil and gas company’s stock worth $1,203,000 after buying an additional 300 shares in the last quarter. Legacy Wealth Asset Management LLC lifted its holdings in shares of SLB by 2.2% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 14,382 shares of the oil and gas company’s stock valued at $486,000 after acquiring an additional 308 shares during the last quarter. NewSquare Capital LLC grew its position in SLB by 51.4% in the second quarter. NewSquare Capital LLC now owns 1,004 shares of the oil and gas company’s stock worth $34,000 after acquiring an additional 341 shares in the last quarter. Choreo LLC increased its stake in SLB by 0.8% during the second quarter. Choreo LLC now owns 45,222 shares of the oil and gas company’s stock worth $1,541,000 after acquiring an additional 357 shares during the last quarter. Finally, Mitchell Mcleod Pugh & Williams Inc. raised its position in SLB by 2.3% during the second quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 16,062 shares of the oil and gas company’s stock valued at $543,000 after purchasing an additional 365 shares during the period. Institutional investors own 81.99% of the company’s stock.

Insider Transactions at SLB

In other SLB news, CAO Howard Guild sold 13,268 shares of the company’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $49.70, for a total value of $659,419.60. Following the completion of the sale, the chief accounting officer directly owned 22,407 shares in the company, valued at approximately $1,113,627.90. This represents a 37.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Dianne B. Ralston sold 18,617 shares of the firm’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $49.50, for a total value of $921,541.50. Following the transaction, the insider owned 224,097 shares in the company, valued at approximately $11,092,801.50. This represents a 7.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 260,849 shares of company stock valued at $11,668,003 in the last ninety days. Corporate insiders own 0.22% of the company’s stock.

SLB Stock Down 3.5%

NYSE:SLB opened at $48.87 on Thursday. The company has a market cap of $73.07 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 3.43 and a beta of 0.72. SLB Limited has a twelve month low of $31.11 and a twelve month high of $51.67. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.36. The stock has a fifty day simple moving average of $40.97 and a 200-day simple moving average of $36.98.

SLB (NYSE:SLB) last posted its quarterly earnings results on Friday, January 23rd. The oil and gas company reported $0.78 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 for the quarter, compared to the consensus estimate of $9.54 billion. During the same quarter last year, the firm posted $0.92 EPS. The firm’s revenue was up 5.0% compared to the same quarter last year. Analysts anticipate that SLB Limited will post 3.38 EPS for the current year.

SLB Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, February 11th will be paid a dividend of $0.295 per share. This is a boost from SLB’s previous quarterly dividend of $0.29. This represents a $1.18 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, February 11th. SLB’s payout ratio is presently 48.10%.

Analyst Ratings Changes

A number of brokerages have recently commented on SLB. Redburn Partners set a $48.00 target price on SLB in a report on Monday, November 3rd. TD Cowen lifted their price objective on shares of SLB from $56.00 to $57.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Royal Bank Of Canada lifted their price objective on shares of SLB from $51.00 to $54.00 and gave the stock an “outperform” rating in a research note on Monday. Weiss Ratings reissued a “hold (c-)” rating on shares of SLB in a research note on Wednesday, October 8th. Finally, Bank of America raised their target price on shares of SLB from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $51.92.

Key SLB News

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

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.