Rhumbline Advisers Has $1.90 Million Stake in Nabors Industries Ltd. $NBR

Rhumbline Advisers increased its holdings in shares of Nabors Industries Ltd. (NYSE:NBR) by 61.4% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 46,582 shares of the oil and gas company’s stock after purchasing an additional 17,718 shares during the quarter. Rhumbline Advisers owned 0.30% of Nabors Industries worth $1,904,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Allianz Asset Management GmbH acquired a new position in Nabors Industries in the 3rd quarter worth $1,063,000. Mission Wealth Management LP bought a new position in shares of Nabors Industries during the 3rd quarter worth approximately $233,000. Vanguard Personalized Indexing Management LLC lifted its position in shares of Nabors Industries by 16.7% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 8,461 shares of the oil and gas company’s stock worth $346,000 after purchasing an additional 1,208 shares in the last quarter. Outlook Wealth Advisors LLC bought a new position in Nabors Industries in the third quarter valued at $211,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Nabors Industries in the third quarter valued at about $207,000. 81.92% of the stock is currently owned by institutional investors and hedge funds.

Nabors Industries Price Performance

Shares of NBR opened at $77.77 on Friday. The firm has a market cap of $1.14 billion, a PE ratio of 4.72 and a beta of 0.99. Nabors Industries Ltd. has a 52-week low of $23.27 and a 52-week high of $80.32. The business’s 50 day moving average price is $64.90 and its two-hundred day moving average price is $51.53. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.47 and a current ratio of 1.56.

Nabors Industries (NYSE:NBR) last posted its quarterly earnings results on Wednesday, February 11th. The oil and gas company reported $0.17 earnings per share for the quarter, beating the consensus estimate of ($2.93) by $3.10. The firm had revenue of $805.13 million during the quarter, compared to the consensus estimate of $795.82 million. Nabors Industries had a net margin of 8.92% and a negative return on equity of 17.63%. The business’s revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the firm posted ($6.67) earnings per share. On average, equities analysts anticipate that Nabors Industries Ltd. will post -6.22 EPS for the current year.

Key Headlines Impacting Nabors Industries

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

• Positive Sentiment: Nabors’ Q4 results and commentary highlighted progress on debt reduction and balance‑sheet repair after the company posted a surprise beat, which supports valuation improvement and investor confidence. Nabors Industries Q4 Beat Highlights Debt Progress And Future Tradeoffs
• Positive Sentiment: Multiple analyst model revisions from Zacks show upward revisions across several quarters and fiscal years (including a much improved FY2027 outlook and a FY2028 EPS projection), signaling better forward earnings momentum that can attract buyers. What Makes Nabors Industries (NBR) a Strong Momentum Stock: Buy Now?
• Positive Sentiment: Barclays published a bullish forecast highlighting potential upside for NBR shares, which can drive momentum flows and institutional interest. Barclays Forecasts Strong Price Appreciation for Nabors Industries (NYSE:NBR) Stock
• Neutral Sentiment: Zacks’ updates are granular — most quarterly EPS estimates were nudged higher but forecasts remain negative for near-term years (FY2026/FY2027), so upgrades improve the outlook but don’t yet imply sustained profitability. Massive Momentum: Can Nabors Industries Extend Its 118% Rally?
• Negative Sentiment: Analysts and commentary warn of near‑term headwinds: revenue declines, margin pressure and joint‑venture cash burn could limit upside until free cash flow and margins stabilize. One Zacks piece specifically calls out these operational risks despite the rally. Massive Momentum: Can Nabors Industries Extend Its 118% Rally?

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on NBR shares. Wall Street Zen downgraded shares of Nabors Industries from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. UBS Group set a $70.00 price objective on shares of Nabors Industries in a research report on Friday, February 13th. Barclays raised their target price on Nabors Industries from $50.00 to $65.00 and gave the company an “underweight” rating in a report on Wednesday. Weiss Ratings restated a “hold (c-)” rating on shares of Nabors Industries in a research note on Monday, December 29th. Finally, Piper Sandler restated an “overweight” rating and set a $80.00 price objective (up from $65.00) on shares of Nabors Industries in a research report on Tuesday, February 17th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $69.00.

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.