SG Americas Securities LLC Has $839,000 Stock Position in Nabors Industries Ltd. $NBR

SG Americas Securities LLC cut its holdings in shares of Nabors Industries Ltd. (NYSE:NBR) by 54.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,754 shares of the oil and gas company’s stock after selling 11,673 shares during the period. SG Americas Securities LLC owned about 0.07% of Nabors Industries worth $839,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Adage Capital Partners GP L.L.C. lifted its holdings in shares of Nabors Industries by 62.6% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 1,260,000 shares of the oil and gas company’s stock worth $68,418,000 after acquiring an additional 485,000 shares during the last quarter. Vanguard Group Inc. increased its position in Nabors Industries by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 871,047 shares of the oil and gas company’s stock worth $47,298,000 after purchasing an additional 13,424 shares in the last quarter. Cibc World Market Inc. lifted its stake in Nabors Industries by 2.0% in the 4th quarter. Cibc World Market Inc. now owns 499,147 shares of the oil and gas company’s stock valued at $27,104,000 after purchasing an additional 9,640 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Nabors Industries by 15.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 485,346 shares of the oil and gas company’s stock valued at $26,354,000 after purchasing an additional 66,640 shares during the last quarter. Finally, State Street Corp lifted its stake in Nabors Industries by 6.1% in the 4th quarter. State Street Corp now owns 407,013 shares of the oil and gas company’s stock valued at $22,101,000 after purchasing an additional 23,326 shares during the last quarter. Institutional investors own 81.92% of the company’s stock.

Key Headlines Impacting Nabors Industries

Here are the key news stories impacting Nabors Industries this week:

• Positive Sentiment: Zacks Research raised Nabors Industries’ FY2026 EPS estimate to a smaller loss, signaling improved near-term profitability expectations. Is Nabors Industries’ (NBR) Deleveraging Quietly Rewriting Its Risk‑Reward Profile for Investors?
• Positive Sentiment: Analysts also increased FY2027 and FY2028 earnings estimates, implying a stronger longer-term profit outlook for the oilfield services company. Is Nabors Industries’ (NBR) Deleveraging Quietly Rewriting Its Risk‑Reward Profile for Investors?
• Neutral Sentiment: Zacks Research raised several quarterly estimates for 2026 and 2027, but the company is still expected to report losses in most near-term periods.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on NBR shares. Piper Sandler boosted their target price on shares of Nabors Industries from $84.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Morgan Stanley reiterated an “overweight” rating and issued a $100.00 price target (up from $80.00) on shares of Nabors Industries in a research note on Wednesday, April 15th. Barclays upgraded Nabors Industries from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $65.00 to $99.00 in a research report on Thursday, May 7th. Citigroup upped their target price on Nabors Industries from $89.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Finally, Weiss Ratings downgraded Nabors Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 4th. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $103.43.

Nabors Industries Trading Up 0.0%

Shares of NYSE NBR opened at $77.87 on Monday. The firm has a 50 day moving average price of $95.22 and a two-hundred day moving average price of $79.60. The stock has a market cap of $1.15 billion, a P/E ratio of 6.10 and a beta of 0.96. Nabors Industries Ltd. has a 52-week low of $29.50 and a 52-week high of $112.90. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.82 and a current ratio of 1.97.

Nabors Industries (NYSE:NBR) last issued its quarterly earnings results on Tuesday, April 28th. The oil and gas company reported ($1.54) EPS for the quarter, topping analysts’ consensus estimates of ($2.49) by $0.95. The company had revenue of $783.55 million for the quarter, compared to analyst estimates of $769.33 million. Nabors Industries had a net margin of 7.32% and a negative return on equity of 8.66%. Nabors Industries’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.18 earnings per share. As a group, equities analysts forecast that Nabors Industries Ltd. will post -3.12 EPS for the current year.

Nabors Industries Company Profile

Nabors Industries Ltd. is a global oil and gas drilling contractor that provides land and offshore drilling rigs, drilling equipment and related services to energy companies around the world. The company’s operations span two core segments: drilling and evaluation, which includes land‐based and platform drilling rigs as well as wellbore survey services, and wellbore technologies, offering pressure control equipment, downhole tools and specialized maintenance services. Nabors’ integrated model combines rig operations with engineered products and field support, positioning it as a full‐service provider in the upstream sector.

The company maintains a diverse, modern fleet of automated and conventional drilling rigs and has pioneered advanced drilling technologies, including automated drilling controls and managed pressure drilling systems.