Insider Selling: SLB (NYSE:SLB) CFO Sells $3,032,544.90 in Stock

SLB Limited (NYSE:SLBGet Free Report) 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 completion of the transaction, the chief financial officer directly owned 155,548 shares in the company, valued at $7,730,735.60. This represents a 28.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Stephane Biguet also recently made the following trade(s):

  • On Thursday, November 13th, Stephane Biguet sold 38,447 shares of SLB stock. The stock was sold at an average price of $36.75, for a total transaction of $1,412,927.25.

SLB Trading Down 0.9%

NYSE SLB opened at $48.44 on Friday. The firm has a market capitalization of $72.43 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 3.32 and a beta of 0.72. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.98 and a current ratio of 1.33. SLB Limited has a one year low of $31.11 and a one year high of $51.67. The company’s 50 day moving average price is $41.24 and its 200 day moving average price is $37.06.

SLB (NYSE:SLBGet Free Report) last released its quarterly earnings data on Friday, January 23rd. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.04. SLB had a net margin of 9.45% and a return on equity of 17.45%. The company had revenue of $9.75 billion during the quarter, compared to analyst estimates of $9.54 billion. During the same quarter in the prior year, the business earned $0.92 earnings per share. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. On average, sell-side analysts predict that SLB Limited will post 3.38 EPS for the current year.

SLB Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Wednesday, February 11th will be given a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 2.4%. This is a boost from SLB’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Wednesday, February 11th. SLB’s dividend payout ratio is 48.10%.

Key SLB News

Here are the key news stories impacting SLB this week:

  • Positive Sentiment: Multiple brokerages raised ratings and price targets (Susquehanna to $58, BofA to $55, RBC to $54, JPMorgan/BMO also bullish), which supports upside expectations and buy‑side demand. Susquehanna Boosts SLB Price Target
  • Positive Sentiment: SLB won multi‑year contracts in Oman / the Middle East to supply wellheads and artificial‑lift equipment — adds revenue backlog and local content exposure in a large concession (Block‑6). SLB Awarded Multi-Year Contracts to Support Oman’s Energy Development
  • Positive Sentiment: Argus upgrade and a consensus “moderate buy” from analysts add institutional support for the stock’s near‑term outlook. SLB Upgraded at Argus
  • Neutral Sentiment: Coverage pieces note SLB as a trending/widely watched stock and revisit its role in evolving energy markets — useful context but not an immediate catalyst. SLB Is a Trending Stock
  • Neutral Sentiment: Mixed peer performance: commentary notes SLB underperformed some competitors on a recent day despite intraday gains — could reflect sector rotation rather than company‑specific deterioration. MarketWatch On Relative Performance
  • Negative Sentiment: A coordinated wave of insider sales by senior executives (including CFO Stéphane Biguet, EVP Abdellah Merad, CAO Howard Guild, and others) has been reported — large insider disposals often trigger investor concern even if for diversification or tax reasons. Top Insiders Unload Holdings
  • Negative Sentiment: SLB’s joint venture with Aker Carbon Capture reported a loss on a carbon‑capture project, raising near‑term execution and asset‑quality questions for its energy‑transition businesses. JV Loss on Carbon Capture Project
  • Negative Sentiment: At least one boutique shop (Freedom Capital) downgraded SLB to “strong sell,” adding a contrarian negative note amid the broader wave of upgrades. Zacks Freedom Capital Downgrade

Institutional Trading of SLB

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC raised its stake in shares of SLB by 21.4% in the 4th quarter. Brighton Jones LLC now owns 6,611 shares of the oil and gas company’s stock valued at $253,000 after purchasing an additional 1,166 shares in the last quarter. Bison Wealth LLC bought a new stake in SLB in the fourth quarter valued at about $238,000. Patton Fund Management Inc. bought a new stake in SLB in the second quarter valued at about $216,000. Avior Wealth Management LLC raised its stake in SLB by 70.4% during the second quarter. Avior Wealth Management LLC now owns 8,905 shares of the oil and gas company’s stock valued at $301,000 after buying an additional 3,678 shares in the last quarter. Finally, Washington Capital Management Inc. lifted its holdings in SLB by 22.4% during the 2nd quarter. Washington Capital Management Inc. now owns 37,185 shares of the oil and gas company’s stock worth $1,257,000 after buying an additional 6,800 shares during the last quarter. Institutional investors own 81.99% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SLB. Loop Capital set a $48.00 target price on SLB in a research note on Tuesday. Redburn Partners set a $48.00 price target on SLB in a report on Monday, November 3rd. TD Cowen lifted their price objective on shares of SLB from $56.00 to $57.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Evercore ISI set a $54.00 target price on shares of SLB and gave the stock an “outperform” rating in a research report on Tuesday, January 6th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $50.00 price target on shares of SLB in a report on Wednesday, January 21st. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, SLB currently has a consensus rating of “Moderate Buy” and an average price target of $51.92.

Read Our Latest Stock Analysis on SLB

SLB Company Profile

(Get 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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Insider Buying and Selling by Quarter for SLB (NYSE:SLB)

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