Magnetar Financial LLC Has $2.29 Million Holdings in SLB Limited $SLB

Magnetar Financial LLC lifted its holdings in shares of SLB Limited (NYSE:SLB) by 377.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 66,708 shares of the oil and gas company’s stock after buying an additional 52,748 shares during the period. Magnetar Financial LLC’s holdings in SLB were worth $2,293,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC bought a new stake in shares of SLB in the 2nd quarter valued at about $25,000. Root Financial Partners LLC bought a new stake in SLB in the 3rd quarter valued at $29,000. Corsicana & Co. acquired a new stake in shares of SLB during the third quarter worth $31,000. Strengthening Families & Communities LLC bought a new position in SLB during the third quarter worth about $31,000. Finally, SouthState Bank Corp grew its position in shares of SLB by 57.4% during the 3rd quarter. SouthState Bank Corp now owns 1,212 shares of the oil and gas company’s stock worth $42,000 after purchasing an additional 442 shares in the last quarter. 81.99% of the stock is owned by institutional investors.

Key Headlines Impacting SLB

Here are the key news stories impacting SLB this week:

• Positive Sentiment: OneSubsea (SLB’s JV) won a new deepwater EPC contract from PTTEP Sabah Oil in Malaysia — the third similar award in about a year — which supports SLB’s backlog and its positioning in higher‑margin subsea projects. SLB OneSubsea wins PTTEP Sabah oil EPC contract in Malaysia
• Positive Sentiment: Sanford C. Bernstein raised its price target to $56.10 and maintained an “outperform” rating, signaling analyst confidence in upside to SLB shares. Benzinga
• Neutral Sentiment: Media/market pieces (Zacks, Yahoo) note rising investor attention and interest in SLB, which can boost trading flows but doesn’t change fundamentals by itself. SLB Limited (SLB) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Commentary pieces suggest traders are using options strategies to “buy the dip” in SLB — indicates tactical investor interest but not a change to company outlook. Buy the dip and hedge risk on this energy services stock, using options
• Negative Sentiment: SLB warned of near‑term disruption from escalating US‑Iran tensions: travel suspended, some demobilizations underway and crisis teams activated — this reduces visibility and risks revenue disruption in the region. SLB Provides Update on Middle East Operations and First-Quarter Outlook
• Negative Sentiment: SLB trimmed its near‑term outlook: management said Q1/2026 revenue will be softer than prior expectations and additional costs should reduce EPS by roughly $0.06–$0.09, weighing on short‑term earnings. Is Softer 2026 Guidance and New Deepwater Win Altering The Investment Case For SLB (SLB)?
• Negative Sentiment: Reports note SLB is curbing its Middle East presence amid the conflict, which could reduce near‑term activity and increase costs related to demobilization and redeployment. SLB curbs Middle East presence because of US-Iran war

Insider Activity at SLB

In related news, Director La Chevardiere Patrick De sold 4,000 shares of the business’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $50.29, for a total value of $201,160.00. Following the sale, the director owned 19,525 shares of the company’s stock, valued at $981,912.25. The trade was a 17.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Dianne B. Ralston sold 18,617 shares of the stock in a transaction on Monday, January 26th. The shares were sold at an average price of $49.50, for a total value of $921,541.50. Following the completion of the sale, the insider owned 224,097 shares of the company’s stock, valued at $11,092,801.50. The trade was a 7.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 156,902 shares of company stock valued at $7,796,666 in the last quarter. Insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

SLB has been the topic of a number of recent analyst reports. Freedom Capital cut SLB from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 27th. BMO Capital Markets upped their price target on shares of SLB from $53.00 to $55.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Jefferies Financial Group increased their price target on shares of SLB from $51.00 to $58.00 and gave the stock a “buy” rating in a research report on Sunday, February 1st. Royal Bank Of Canada lifted their price objective on shares of SLB from $51.00 to $54.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Finally, Loop Capital set a $48.00 target price on SLB in a research note on Tuesday, January 27th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, SLB has a consensus rating of “Moderate Buy” and an average target price of $53.16.

SLB Trading Down 7.6%

Shares of SLB stock opened at $44.50 on Friday. SLB Limited has a twelve month low of $31.11 and a twelve month high of $52.45. The stock’s fifty day simple moving average is $48.43 and its 200 day simple moving average is $40.34. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $66.86 billion, a P/E ratio of 18.78, a P/E/G ratio of 3.28 and a beta of 0.68.

SLB (NYSE:SLB) last posted its earnings results on Friday, January 23rd. The oil and gas company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.74 by $0.04. The firm had revenue of $9.75 billion during the quarter, compared to the consensus estimate of $9.54 billion. SLB had a return on equity of 17.45% and a net margin of 9.45%.The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the company earned $0.92 earnings per share. As a group, sell-side analysts predict that SLB Limited will post 3.38 EPS for the current fiscal year.

SLB Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Wednesday, February 11th will be given a dividend of $0.295 per share. The ex-dividend date is Wednesday, February 11th. This represents a $1.18 annualized dividend and a yield of 2.7%. This is a boost from SLB’s previous quarterly dividend of $0.29. SLB’s dividend payout ratio is 49.79%.

SLB 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.