Insider Selling: SLB (NYSE:SLB) CAO Sells $659,419.60 in Stock

SLB Limited (NYSE:SLB) CAO Howard Guild sold 13,268 shares of the firm’s stock in a transaction that occurred 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 sale, the chief accounting officer directly owned 22,407 shares of the company’s stock, valued at $1,113,627.90. This represents a 37.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

SLB Price Performance

SLB stock opened at $48.44 on Friday. The stock has a market capitalization of $72.43 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 3.32 and a beta of 0.72. SLB Limited has a 52-week low of $31.11 and a 52-week high of $51.67. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.98 and a current ratio of 1.33. The stock’s 50 day moving average price is $41.24 and its two-hundred day moving average price is $37.06.

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 the consensus estimate of $0.74 by $0.04. The company had revenue of $9.75 billion during the quarter, compared to analyst estimates of $9.54 billion. SLB had a net margin of 9.45% and a return on equity of 17.45%. 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 posted $0.92 EPS. On average, equities analysts predict that SLB Limited will post 3.38 earnings per share for the current year.

SLB Increases Dividend

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

Hedge Funds Weigh In On SLB

Several large investors have recently bought and sold shares of SLB. Aprio Wealth Management LLC grew its stake in shares of SLB by 29.9% in the 4th quarter. Aprio Wealth Management LLC now owns 10,454 shares of the oil and gas company’s stock worth $418,000 after acquiring an additional 2,409 shares in the last quarter. D.A. Davidson & CO. grew its position in SLB by 27.4% in the 4th quarter. D.A. Davidson & CO. now owns 174,926 shares of the oil and gas company’s stock worth $6,714,000 after purchasing an additional 37,576 shares in the last quarter. State of Michigan Retirement System increased its stake in SLB by 1.5% in the 4th quarter. State of Michigan Retirement System now owns 468,738 shares of the oil and gas company’s stock valued at $17,990,000 after buying an additional 6,900 shares during the last quarter. Beirne Wealth Consulting Services LLC purchased a new stake in SLB in the 4th quarter valued at about $264,000. Finally, Sanctuary Advisors LLC lifted its position in shares of SLB by 1.5% during the 4th quarter. Sanctuary Advisors LLC now owns 252,152 shares of the oil and gas company’s stock worth $9,678,000 after buying an additional 3,741 shares in the last quarter. 81.99% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SLB. JPMorgan Chase & Co. upped their price target on SLB from $43.00 to $54.00 and gave the stock an “overweight” rating in a research note on Monday. Rothschild & Co Redburn started coverage on SLB in a research report on Monday, November 3rd. They set a “buy” rating and a $48.00 target price on the stock. Argus upgraded SLB to a “strong-buy” rating in a report on Monday. Evercore ISI set a $54.00 price target on shares of SLB and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Finally, Loop Capital set a $48.00 price objective on shares of SLB in a report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, SLB presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.92.

Trending Headlines about SLB

Here are the key news stories impacting SLB this week:

• Positive Sentiment: Multiple brokerages raised ratings and price targets (Susquehanna to $58, BofA to $55, RBC to $54, JPMorgan/BMO also bullish), which supports upside expectations and buy‑side demand. Susquehanna Boosts SLB Price Target
• Positive Sentiment: SLB won multi‑year contracts in Oman / the Middle East to supply wellheads and artificial‑lift equipment — adds revenue backlog and local content exposure in a large concession (Block‑6). SLB Awarded Multi-Year Contracts to Support Oman’s Energy Development
• Positive Sentiment: Argus upgrade and a consensus “moderate buy” from analysts add institutional support for the stock’s near‑term outlook. SLB Upgraded at Argus
• Neutral Sentiment: Coverage pieces note SLB as a trending/widely watched stock and revisit its role in evolving energy markets — useful context but not an immediate catalyst. SLB Is a Trending Stock
• Neutral Sentiment: Mixed peer performance: commentary notes SLB underperformed some competitors on a recent day despite intraday gains — could reflect sector rotation rather than company‑specific deterioration. MarketWatch On Relative Performance
• Negative Sentiment: A coordinated wave of insider sales by senior executives (including CFO Stéphane Biguet, EVP Abdellah Merad, CAO Howard Guild, and others) has been reported — large insider disposals often trigger investor concern even if for diversification or tax reasons. Top Insiders Unload Holdings
• Negative Sentiment: SLB’s joint venture with Aker Carbon Capture reported a loss on a carbon‑capture project, raising near‑term execution and asset‑quality questions for its energy‑transition businesses. JV Loss on Carbon Capture Project
• Negative Sentiment: At least one boutique shop (Freedom Capital) downgraded SLB to “strong sell,” adding a contrarian negative note amid the broader wave of upgrades. Zacks Freedom Capital Downgrade

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.