Vanguard Personalized Indexing Management LLC Acquires 21,290 Shares of SLB Limited $SLB

Vanguard Personalized Indexing Management LLC lifted its holdings in shares of SLB Limited (NYSE:SLBFree Report) by 17.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 141,370 shares of the oil and gas company’s stock after purchasing an additional 21,290 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in SLB were worth $4,859,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Twin Peaks Wealth Advisors LLC bought a new stake in shares of SLB in the second quarter valued at approximately $25,000. Root Financial Partners LLC acquired a new position in SLB in the 3rd quarter valued at $29,000. Corsicana & Co. acquired a new position in SLB in the 3rd quarter valued at $31,000. NewSquare Capital LLC lifted its position in shares of SLB by 51.4% during 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 period. Finally, Kennebec Savings Bank grew its holdings in shares of 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 purchasing an additional 447 shares in the last quarter. 81.99% of the stock is currently owned by institutional investors and hedge funds.

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

SLB Stock Down 3.5%

SLB stock opened at $48.87 on Thursday. The firm has a 50-day moving average price of $40.97 and a 200-day moving average price of $36.98. SLB Limited has a 12 month low of $31.11 and a 12 month high of $51.67. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $73.07 billion, a P/E ratio of 20.62, a price-to-earnings-growth ratio of 3.43 and a beta of 0.72.

SLB (NYSE:SLBGet Free Report) last announced its quarterly earnings results on Friday, January 23rd. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.04. The company had revenue of $9.75 billion for 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%. The firm’s revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 EPS. As a group, equities research analysts anticipate 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. Stockholders of record on Wednesday, February 11th will be issued a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 2.4%. This is a boost from SLB’s previous quarterly dividend of $0.29. The ex-dividend date is Wednesday, February 11th. SLB’s dividend payout ratio (DPR) is currently 48.10%.

Insider Buying and Selling

In other SLB news, EVP Abdellah Merad sold 60,000 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president owned 140,602 shares of the company’s stock, valued at $6,987,919.40. This represents a 29.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Stephane Biguet sold 61,017 shares of SLB stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $49.70, for a total value of $3,032,544.90. Following the sale, the chief financial officer directly owned 155,548 shares in the company, valued at $7,730,735.60. The trade was a 28.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 260,849 shares of company stock worth $11,668,003 in the last ninety days. Insiders own 0.22% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on SLB shares. JPMorgan Chase & Co. boosted their price target on SLB from $43.00 to $54.00 and gave the company an “overweight” rating in a research note on Monday. Rothschild & Co Redburn assumed coverage on shares of SLB in a report on Monday, November 3rd. They issued a “buy” rating and a $48.00 target price on the stock. Evercore ISI set a $54.00 target price on shares of SLB and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Rothschild Redb raised shares of SLB to a “strong-buy” rating in a report on Monday, November 3rd. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $49.00 price target on shares of SLB in a research report on Wednesday, January 14th. Three 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 given a Sell rating to the company. According to MarketBeat.com, SLB has a consensus rating of “Moderate Buy” and a consensus target price of $51.92.

Get Our Latest Report on SLB

SLB Company Profile

(Free Report)

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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Institutional Ownership by Quarter for SLB (NYSE:SLB)

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