Vanguard Group Inc. boosted its holdings in SLB Limited (NYSE:SLB – Free Report) by 0.6% during the 4th quarter, Holdings Channel reports. The firm owned 186,455,878 shares of the oil and gas company’s stock after acquiring an additional 1,080,999 shares during the period. Vanguard Group Inc. owned approximately 0.12% of SLB worth $7,156,177,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings 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 worth $253,000 after buying an additional 1,166 shares during the last quarter. Bison Wealth LLC purchased a new position in SLB in the fourth quarter valued at about $238,000. Marshall Wace LLP bought a new position in shares of SLB during the 2nd quarter valued at approximately $8,628,000. Nebula Research & Development LLC grew its position in shares of SLB by 76.0% during the 2nd quarter. Nebula Research & Development LLC now owns 24,373 shares of the oil and gas company’s stock valued at $824,000 after acquiring an additional 10,522 shares during the period. Finally, Diversify Advisory Services LLC increased its stake in shares of SLB by 7.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 11,326 shares of the oil and gas company’s stock worth $373,000 after purchasing an additional 799 shares during the last quarter. 81.99% of the stock is owned by hedge funds and other institutional investors.
SLB News Summary
Here are the key news stories impacting SLB this week:
- Positive Sentiment: SLB declared a quarterly dividend of $0.295 per share (annualized yield ~2.1%), with record/ex-dividend dates set — supports income investors and signals confidence in cash flow.
- Positive Sentiment: Company highlighted digital revenue growth and contributions from ChampionX, which helped Q1 results and underpins higher-margin service mix. SLB Q1 Earnings Beat on Digital Growth & ChampionX Contributions
- Positive Sentiment: SLB and peers say the Iran/region conflict is tightening supply and should push higher exploration and production spending — a potential multi-quarter demand tailwind for SLB’s services. SLB, Baker Hughes see oil exploration spending rising as Iran war disrupts supply
- Positive Sentiment: Market reports that SLB is seen as a potential acquirer of S&P Global’s subsurface oil software business — a strategic move that could expand software/digital recurring revenue (rumor-driven upside). SLB Seen Acquiring S&P Global’s Subsurface Oil Software Business
- Neutral Sentiment: Full Q1 earnings call transcript is available — useful for investors to assess management tone and any updated guidance. SLB N.V. (SLB) Q1 2026 Earnings Call Transcript
- Neutral Sentiment: SLB filed an 8-K updating its regulatory approach — routine disclosure that may matter to institutional holders but is not an immediate earnings driver. Schlumberger Highlights Regulatory Approach in Latest 8-K Disclosure
- Negative Sentiment: Reported EPS was down year-over-year and some outlets note SLB missed the consensus cited by certain providers, with management calling it a “challenging start” as Middle East disruptions hit operations — this raises short-term outlook risk. Oilfield services provider SLB posts lower quarterly profit on Iran war hit
- Negative Sentiment: Headline coverage emphasized a Q1 profit decline and management caution, which initially pressured shares in some outlets despite the subsequent rally — highlights execution and regional-risk sensitivity. SLB Stock Tumbles on Earnings as CEO Cites ‘Challenging Start to the Year’
SLB Stock Up 0.1%
SLB (NYSE:SLB – Get Free Report) last announced its quarterly earnings results on Friday, April 24th. The oil and gas company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.01. SLB had a return on equity of 15.54% and a net margin of 9.26%.The firm had revenue of $8.72 billion for the quarter, compared to analysts’ expectations of $8.76 billion. During the same period in the prior year, the business posted $0.72 earnings per share. The company’s revenue was up 2.7% on a year-over-year basis. Research analysts anticipate that SLB Limited will post 2.67 earnings per share for the current fiscal year.
SLB Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Wednesday, June 3rd will be paid a dividend of $0.295 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.18 annualized dividend and a yield of 2.1%. SLB’s payout ratio is currently 51.53%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a $65.00 price target on shares of SLB in a report on Sunday. Sanford C. Bernstein increased their price objective on SLB from $52.30 to $56.10 and gave the company an “outperform” rating in a report on Thursday, March 12th. Piper Sandler boosted their target price on SLB from $53.00 to $59.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Argus raised SLB to a “strong-buy” rating in a research report on Monday, January 26th. Finally, Wall Street Zen downgraded SLB from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, SLB has an average rating of “Moderate Buy” and an average target price of $54.64.
Get Our Latest Analysis on SLB
SLB Company Profile
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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