Entropy Technologies LP Purchases Shares of 268,596 SLB Limited $SLB

Posted by Donald Scott on Mar 13th, 2026

Entropy Technologies LP acquired a new position in SLB Limited (NYSE:SLB – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 268,596 shares of the oil and gas company’s stock, valued at approximately $9,232,000. SLB makes up 0.7% of Entropy Technologies LP’s portfolio, making the stock its 18th largest holding.

Other hedge funds have also made changes to their positions in the company. Howard Capital Management Inc. boosted its position in SLB by 3.2% during the 3rd quarter. Howard Capital Management Inc. now owns 9,165 shares of the oil and gas company’s stock worth $315,000 after purchasing an additional 288 shares during the period. Fielder Capital Group LLC raised its position in SLB by 2.5% in the third quarter. Fielder Capital Group LLC now owns 12,137 shares of the oil and gas company’s stock valued at $417,000 after purchasing an additional 293 shares during the period. Hedges Asset Management LLC lifted its stake in shares of SLB by 0.9% during the third quarter. Hedges Asset Management LLC now owns 35,000 shares of the oil and gas company’s stock worth $1,203,000 after purchasing an additional 300 shares in the last quarter. Gables Capital Management Inc. lifted its stake in shares of SLB by 31.6% during the third quarter. Gables Capital Management Inc. now owns 1,250 shares of the oil and gas company’s stock worth $43,000 after purchasing an additional 300 shares in the last quarter. Finally, LRI Investments LLC boosted its position in shares of SLB by 21.7% in the third quarter. LRI Investments LLC now owns 1,785 shares of the oil and gas company’s stock worth $61,000 after buying an additional 318 shares during the period. Hedge funds and other institutional investors own 81.99% of the company’s stock.

SLB Trading Down 7.6%

SLB opened at $44.50 on Friday. SLB Limited has a 12-month low of $31.11 and a 12-month high of $52.45. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.33 and a quick ratio of 0.98. The stock has a market capitalization of $66.86 billion, a PE ratio of 18.78, a P/E/G ratio of 3.28 and a beta of 0.68. The firm’s fifty day moving average price is $48.43 and its 200 day moving average price is $40.34.

SLB (NYSE:SLB – Get Free Report) last announced its quarterly earnings data on Friday, January 23rd. The oil and gas company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.04. The company had revenue of $9.75 billion during 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 for the quarter was up 5.0% compared to the same quarter last year. During the same period last year, the business earned $0.92 EPS. As a group, research analysts expect that SLB Limited will post 3.38 EPS for the current fiscal year.

SLB Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Wednesday, February 11th will be issued a $0.295 dividend. This is an increase from SLB’s previous quarterly dividend of $0.29. This represents a $1.18 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Wednesday, February 11th. SLB’s dividend payout ratio is presently 49.79%.

Insider Transactions at SLB

In other SLB news, CAO Howard Guild sold 13,268 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $49.70, for a total transaction of $659,419.60. Following the sale, the chief accounting officer owned 22,407 shares in the company, valued at $1,113,627.90. This represents a 37.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director La Chevardiere Patrick De sold 4,000 shares of the stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $50.29, for a total value of $201,160.00. Following the transaction, the director directly owned 19,525 shares in the company, valued at approximately $981,912.25. This represents a 17.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 156,902 shares of company stock valued at $7,796,666 over the last 90 days. Corporate insiders own 0.16% of the company’s stock.

Trending Headlines about 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

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Bank of America raised their target price on SLB from $50.00 to $55.00 and gave the company a “buy” rating in a report on Monday, January 26th. Susquehanna upped their price target on SLB from $52.00 to $58.00 and gave the stock a “positive” rating in a report on Monday, January 26th. UBS Group reaffirmed a “buy” rating on shares of SLB in a research report on Tuesday, January 27th. Morgan Stanley reiterated an “overweight” rating and set a $50.00 price objective on shares of SLB in a research note on Wednesday, January 21st. Finally, Piper Sandler upped their target price on shares of SLB from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $53.16.

Read Our Latest Stock Report on SLB

About SLB

(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.