Abdellah Merad Sells 60,000 Shares of SLB (NYSE:SLB) Stock

SLB Limited (NYSE:SLB) EVP Abdellah Merad sold 60,000 shares of the stock in a transaction on Monday, January 26th. The stock was sold at an average price of $49.70, for a total value of $2,982,000.00. Following the completion of the sale, the executive vice president directly owned 140,602 shares in the company, valued at approximately $6,987,919.40. This represents a 29.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Abdellah Merad also recently made the following trade(s):

• On Tuesday, November 11th, Abdellah Merad sold 60,000 shares of SLB stock. The stock was sold at an average price of $37.69, for a total value of $2,261,400.00.

SLB Stock Performance

Shares of SLB stock opened at $48.87 on Thursday. SLB Limited has a 1 year low of $31.11 and a 1 year high of $51.67. The firm’s 50-day moving average is $40.97 and its 200 day moving average is $36.98. The stock has a market cap of $73.07 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 3.43 and a beta of 0.72. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.33 and a quick ratio of 0.98.

SLB (NYSE:SLB) last issued its earnings results on Friday, January 23rd. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.04. The business had revenue of $9.75 billion during the quarter, compared to analysts’ expectations of $9.54 billion. SLB had a net margin of 9.45% and a return on equity of 17.45%. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.92 earnings per share. Sell-side analysts anticipate that SLB Limited will post 3.38 EPS for the current fiscal year.

SLB Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Wednesday, February 11th will be issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Wednesday, February 11th. This is an increase from SLB’s previous quarterly dividend of $0.29. SLB’s dividend payout ratio (DPR) is presently 48.10%.

SLB News Summary

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SLB. Citigroup boosted their price target on SLB from $53.00 to $56.00 and gave the stock a “buy” rating in a research note on Monday. Evercore ISI set a $54.00 price objective on SLB and gave the stock an “outperform” rating in a report on Tuesday, January 6th. BMO Capital Markets upped their target price on shares of SLB from $53.00 to $55.00 and gave the company an “outperform” rating in a research note on Monday. Loop Capital set a $48.00 price target on shares of SLB in a report on Tuesday. Finally, Morgan Stanley reissued an “overweight” rating and set a $50.00 price objective on shares of SLB in a report on Wednesday, January 21st. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $51.92.

Hedge Funds Weigh In On SLB

Several institutional investors have recently made changes to their positions in SLB. Brighton Jones LLC grew its position in SLB by 21.4% during the fourth quarter. Brighton Jones LLC now owns 6,611 shares of the oil and gas company’s stock valued at $253,000 after buying an additional 1,166 shares during the period. Bison Wealth LLC purchased a new stake in shares of SLB in the 4th quarter worth $238,000. Patton Fund Management Inc. bought a new position in SLB in the 2nd quarter worth $216,000. Avior Wealth Management LLC lifted its position in SLB by 70.4% during the second quarter. Avior Wealth Management LLC now owns 8,905 shares of the oil and gas company’s stock valued at $301,000 after purchasing an additional 3,678 shares in the last quarter. Finally, Washington Capital Management Inc. grew its holdings in SLB by 22.4% during the second quarter. Washington Capital Management Inc. now owns 37,185 shares of the oil and gas company’s stock valued at $1,257,000 after purchasing an additional 6,800 shares during the period. Institutional investors own 81.99% of the company’s stock.

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.