Strs Ohio Buys 21,611 Shares of SLB Limited $SLB

Strs Ohio raised its stake in SLB Limited (NYSE:SLB) by 4.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 566,483 shares of the oil and gas company’s stock after acquiring an additional 21,611 shares during the period. Strs Ohio’s holdings in SLB were worth $19,470,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in SLB by 14.2% in the second quarter. Vanguard Group Inc. now owns 150,317,566 shares of the oil and gas company’s stock valued at $5,080,734,000 after acquiring an additional 18,672,021 shares during the last quarter. Norges Bank bought a new stake in shares of SLB in the 2nd quarter valued at $618,697,000. Franklin Resources Inc. boosted its stake in shares of SLB by 30.4% in the 2nd quarter. Franklin Resources Inc. now owns 20,233,749 shares of the oil and gas company’s stock valued at $683,901,000 after purchasing an additional 4,719,852 shares during the last quarter. Lazard Asset Management LLC raised its stake in SLB by 80.7% during the second quarter. Lazard Asset Management LLC now owns 6,788,978 shares of the oil and gas company’s stock worth $229,466,000 after buying an additional 3,031,906 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in SLB by 346.3% in the third quarter. Assenagon Asset Management S.A. now owns 3,876,526 shares of the oil and gas company’s stock valued at $133,236,000 after buying an additional 3,007,911 shares during the period. 81.99% of the stock is currently owned by institutional investors.

Insider Activity at SLB

In other SLB news, CFO Stephane Biguet sold 38,447 shares of the company’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $36.75, for a total value of $1,412,927.25. Following the completion of the sale, the chief financial officer directly owned 175,690 shares of the company’s stock, valued at approximately $6,456,607.50. This represents a 17.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Peter John Coleman sold 5,500 shares of the stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $35.82, for a total transaction of $197,010.00. Following the completion of the sale, the director owned 18,671 shares of the company’s stock, valued at approximately $668,795.22. This trade represents a 22.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 103,947 shares of company stock valued at $3,871,337 over the last ninety days. Corporate insiders own 0.22% of the company’s stock.

Trending Headlines about SLB

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 Stock Performance

NYSE SLB opened at $49.00 on Friday. The company has a market cap of $73.20 billion, a P/E ratio of 20.67 and a beta of 0.72. The company has a fifty day simple moving average of $40.14 and a 200 day simple moving average of $36.70. The company has a current ratio of 1.39, a quick ratio of 1.01 and a debt-to-equity ratio of 0.40. SLB Limited has a 12-month low of $31.11 and a 12-month high of $51.67.

SLB (NYSE:SLB) last released its quarterly earnings data on Friday, January 23rd. The oil and gas company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. The firm had revenue of $9.75 billion for the quarter, compared to analyst estimates of $9.54 billion. SLB had a net margin of 10.34% and a return on equity of 18.97%. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the firm earned $0.92 earnings per share. Sell-side analysts predict that SLB Limited will post 3.38 earnings per share for the current fiscal year.

SLB Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, February 11th will be issued a $0.295 dividend. This is an increase 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 is Wednesday, February 11th. SLB’s dividend payout ratio is currently 48.10%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SLB. Royal Bank Of Canada reiterated an “outperform” rating and set a $51.00 price target on shares of SLB in a report on Thursday, January 15th. Barclays cut their target price on SLB from $48.00 to $47.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Rothschild & Co Redburn began coverage on SLB in a report on Monday, November 3rd. They issued a “buy” rating and a $48.00 target price for the company. Citigroup increased their price target on SLB from $47.00 to $53.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Finally, UBS Group lifted their price objective on shares of SLB from $44.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.84.

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.