Belpointe Asset Management LLC Raises Stock Holdings in SLB Limited $SLB

Belpointe Asset Management LLC raised its position in shares of SLB Limited (NYSE:SLB) by 105.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 34,122 shares of the oil and gas company’s stock after purchasing an additional 17,497 shares during the quarter. Belpointe Asset Management LLC’s holdings in SLB were worth $1,173,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SLB. Twin Peaks Wealth Advisors LLC purchased a new stake in SLB in the second quarter valued at approximately $25,000. Root Financial Partners LLC purchased a new position in SLB during the 3rd quarter worth approximately $29,000. Corsicana & Co. acquired a new stake in SLB during the 3rd quarter valued at approximately $31,000. NewSquare Capital LLC boosted its holdings in shares of SLB by 51.4% in the 2nd quarter. NewSquare Capital LLC now owns 1,004 shares of the oil and gas company’s stock valued at $34,000 after acquiring an additional 341 shares during the last quarter. Finally, Kennebec Savings Bank boosted its holdings in shares of SLB by 47.4% in the 3rd quarter. Kennebec Savings Bank now owns 1,390 shares of the oil and gas company’s stock valued at $48,000 after acquiring an additional 447 shares during the last quarter. 81.99% of the stock is owned by institutional investors and hedge funds.

SLB Trading Down 3.5%

SLB stock opened at $48.87 on Thursday. SLB Limited has a 52-week low of $31.11 and a 52-week high of $51.67. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.36. The firm has a market cap of $73.07 billion, a P/E ratio of 20.62, a PEG ratio of 3.43 and a beta of 0.72. The company’s 50-day simple moving average is $40.97 and its 200-day simple moving average is $36.98.

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

SLB Increases Dividend

The firm also recently announced 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 represents a $1.18 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, February 11th. This is a positive change from SLB’s previous quarterly dividend of $0.29. SLB’s dividend payout ratio is currently 48.10%.

Insider Activity

In related news, Director Peter John Coleman sold 5,500 shares of SLB stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $35.82, for a total value of $197,010.00. Following 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Stephane Biguet sold 61,017 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 transaction of $3,032,544.90. Following the transaction, the chief financial officer owned 155,548 shares of the company’s stock, valued at $7,730,735.60. This represents a 28.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 260,849 shares of company stock worth $11,668,003. Insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Evercore ISI set a $54.00 target price on shares of SLB and gave the stock an “outperform” rating in a report on Tuesday, January 6th. Rothschild Redb raised SLB to a “strong-buy” rating in a research report on Monday, November 3rd. BMO Capital Markets boosted their price objective on SLB from $53.00 to $55.00 and gave the company an “outperform” rating in a report on Monday. Citigroup upped their target price on SLB from $53.00 to $56.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Freedom Capital cut SLB from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, SLB has an average rating of “Moderate Buy” and a consensus target price of $51.92.

Trending Headlines about SLB

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.