SLB Limited (NYSE:SLB) Receives Average Rating of “Moderate Buy” from Brokerages

SLB Limited (NYSE:SLB) has received a consensus recommendation of “Moderate Buy” from the twenty-two research firms that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $53.4150.

A number of equities research analysts have commented on SLB shares. Evercore ISI set a $54.00 price target on SLB and gave the company an “outperform” rating in a research note on Tuesday. UBS Group upped their price objective on shares of SLB from $44.00 to $50.00 and gave the company a “buy” rating in a report on Friday, December 12th. Rothschild & Co Redburn initiated coverage on shares of SLB in a research note on Monday, November 3rd. They issued a “buy” rating and a $48.00 target price for the company. JPMorgan Chase & Co. dropped their target price on shares of SLB from $44.00 to $43.00 and set an “overweight” rating on the stock in a research report on Monday, October 20th. Finally, Redburn Partners set a $48.00 price target on shares of SLB in a research note on Monday, November 3rd.

SLB Price Performance

NYSE SLB opened at $44.43 on Friday. The firm’s fifty day simple moving average is $37.87 and its two-hundred day simple moving average is $35.75. The company has a current ratio of 1.39, a quick ratio of 1.01 and a debt-to-equity ratio of 0.40. SLB has a 12-month low of $31.11 and a 12-month high of $45.15. The firm has a market capitalization of $66.37 billion, a P/E ratio of 17.15 and a beta of 0.72.

SLB (NYSE:SLB) last issued its quarterly earnings data on Friday, October 17th. The oil and gas company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.67 by $0.02. SLB had a return on equity of 18.97% and a net margin of 10.34%.The firm had revenue of $8.93 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the prior year, the business posted $0.89 EPS. The business’s revenue for the quarter was down 2.5% compared to the same quarter last year. Analysts forecast that SLB will post 3.38 EPS for the current fiscal year.

SLB Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Wednesday, December 3rd were given a $0.285 dividend. This represents a $1.14 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Wednesday, December 3rd. SLB’s dividend payout ratio is presently 44.02%.

SLB News Roundup

Here are the key news stories impacting SLB this week:

• Positive Sentiment: Evercore ISI upgraded SLB from in-line to outperform and raised its price target to $54, signaling strong analyst conviction that SLB will capture outsized upside as markets normalize. Evercore upgrade coverage
• Positive Sentiment: Coverage arguing SLB’s re‑entry into Venezuela and its digital/AI initiatives (Tela, Shell partnership) could drive multi‑year oilfield‑services growth and recurring revenue — a catalyst for higher long‑term margins. Seeking Alpha thesis
• Positive Sentiment: Market reaction to an Aramco stimulation win and a new Cameron partnership pushed bullish momentum and investor interest in SLB’s service capabilities and backlog potential. Yahoo Finance: Aramco/Cameron coverage
• Positive Sentiment: Reports that top oil companies will meet with President Trump to discuss rebuilding Venezuela’s oil industry bolster the narrative that large-scale redevelopment could open contracts for service firms like SLB. Barron’s: Trump to meet oil companies
• Neutral Sentiment: U.S. Treasury Secretary Scott Bessent said the largest oil companies are likely to move more slowly into Venezuela than independents — suggesting SLB may not see immediate large contract rollouts even if political access improves. Reuters: Bessent comments
• Negative Sentiment: Multiple reports note U.S. oil firms want strong guarantees from Washington before making large Venezuela investments — a hurdle that could delay big contracts and capital spend for majors and their service suppliers. Reuters/FT: guarantees needed
• Negative Sentiment: Freedom Capital Markets downgraded SLB NV, adding short‑term selling pressure and highlighting divergent analyst views after recent gains. MSN: Freedom Capital downgrade
• Negative Sentiment: Short‑term trading notes show recent pullbacks (coverage citing a daily decline), reflecting profit‑taking and volatility after the run‑up tied to Venezuela headlines and contract news. Zacks: intraday decline

Insider Buying and Selling

In other SLB news, CFO Stephane Biguet sold 38,447 shares of the business’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $36.75, for a total transaction of $1,412,927.25. Following the sale, the chief financial officer owned 175,690 shares in the company, valued at approximately $6,456,607.50. The trade was a 17.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Peter John Coleman sold 5,500 shares of the stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $35.82, for a total value of $197,010.00. Following the completion of the transaction, the director directly owned 18,671 shares in the company, valued at $668,795.22. This represents a 22.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 103,947 shares of company stock worth $3,871,337 in the last 90 days. Insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On SLB

A number of institutional investors have recently bought and sold shares of SLB. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of SLB in the 2nd quarter valued at $25,000. Atticus Wealth Management LLC acquired a new position in SLB during the second quarter valued at $29,000. Root Financial Partners LLC acquired a new position in SLB during the third quarter valued at $29,000. Corsicana & Co. purchased a new stake in SLB in the third quarter valued at $31,000. Finally, Strengthening Families & Communities LLC acquired a new stake in SLB during the 3rd quarter worth about $31,000. 81.99% of the stock is owned by hedge funds and other institutional investors.

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.