Teacher Retirement System of Texas reduced its stake in SLB Limited (NYSE:SLB – Free Report) by 46.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 231,548 shares of the oil and gas company’s stock after selling 199,811 shares during the quarter. Teacher Retirement System of Texas’ holdings in SLB were worth $7,958,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of SLB. Twin Peaks Wealth Advisors LLC purchased a new position in shares of SLB in the second quarter worth $25,000. Root Financial Partners LLC purchased a new stake in shares of SLB during the third quarter valued at $29,000. Corsicana & Co. acquired a new position in shares of SLB in the 3rd quarter valued at $31,000. NewSquare Capital LLC raised its stake in SLB by 51.4% in the 2nd 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 during the last quarter. Finally, Kennebec Savings Bank lifted its position in SLB by 47.4% during the 3rd quarter. Kennebec Savings Bank now owns 1,390 shares of the oil and gas company’s stock worth $48,000 after acquiring an additional 447 shares during the period. 81.99% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
SLB has been the topic of a number of research reports. JPMorgan Chase & Co. cut their price objective on SLB from $44.00 to $43.00 and set an “overweight” rating on the stock in a report on Monday, October 20th. Citigroup increased their price target on shares of SLB from $47.00 to $53.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Weiss Ratings restated a “hold (c-)” rating on shares of SLB in a research note on Wednesday, October 8th. Evercore ISI set a $54.00 price objective on shares of SLB and gave the company an “outperform” rating in a report on Tuesday, January 6th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $49.00 target price on shares of SLB in a report on Wednesday, January 14th. Two 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. According to MarketBeat, SLB currently has an average rating of “Moderate Buy” and an average target price of $49.84.
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
Insider Buying and Selling
In other news, CFO Stephane Biguet sold 38,447 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $36.75, for a total transaction of $1,412,927.25. Following the completion of the sale, the chief financial officer owned 175,690 shares of the company’s stock, valued at $6,456,607.50. The trade was a 17.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Abdellah Merad sold 60,000 shares of the company’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $37.69, for a total transaction of $2,261,400.00. Following the transaction, the executive vice president owned 159,371 shares of the company’s stock, valued at approximately $6,006,692.99. This trade represents a 27.35% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 103,947 shares of company stock valued at $3,871,337. 0.22% of the stock is owned by corporate insiders.
SLB Price Performance
NYSE:SLB opened at $49.00 on Monday. 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 Limited has a 52 week low of $31.11 and a 52 week high of $51.67. The stock’s 50-day moving average price is $40.14 and its 200-day moving average price is $36.71. The stock has a market capitalization of $73.20 billion, a PE ratio of 20.67 and a beta of 0.72.
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 analysts’ consensus estimates of $0.74 by $0.04. SLB had a return on equity of 17.45% and a net margin of 9.45%.The company had revenue of $9.75 billion for the quarter, compared to the consensus estimate of $9.54 billion. During the same quarter in the prior year, the business posted $0.92 earnings per share. SLB’s revenue for the quarter was up 5.0% on a year-over-year basis. As a group, equities analysts expect that SLB Limited will post 3.38 EPS for the current fiscal year.
SLB Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Wednesday, February 11th will be paid a $0.295 dividend. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $1.18 dividend on an annualized basis and a yield of 2.4%. This is an increase from SLB’s previous quarterly dividend of $0.29. SLB’s dividend payout ratio is 48.10%.
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.
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