De Lisle Partners LLP purchased a new position in shares of Nabors Industries Ltd. (NYSE:NBR – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 28,400 shares of the oil and gas company’s stock, valued at approximately $1,542,000.
Several other hedge funds have also made changes to their positions in the business. Public Employees Retirement System of Ohio raised its holdings in Nabors Industries by 23.0% during the third quarter. Public Employees Retirement System of Ohio now owns 1,545 shares of the oil and gas company’s stock worth $63,000 after purchasing an additional 289 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Nabors Industries by 24.1% during the fourth quarter. Quadrant Capital Group LLC now owns 1,754 shares of the oil and gas company’s stock worth $95,000 after purchasing an additional 341 shares in the last quarter. Nebula Research & Development LLC raised its holdings in Nabors Industries by 2.5% during the second quarter. Nebula Research & Development LLC now owns 17,697 shares of the oil and gas company’s stock worth $496,000 after purchasing an additional 428 shares in the last quarter. Federated Hermes Inc. raised its holdings in Nabors Industries by 2.0% during the fourth quarter. Federated Hermes Inc. now owns 26,634 shares of the oil and gas company’s stock worth $1,446,000 after purchasing an additional 533 shares in the last quarter. Finally, Vise Technologies Inc. grew its position in shares of Nabors Industries by 7.6% during the fourth quarter. Vise Technologies Inc. now owns 7,660 shares of the oil and gas company’s stock worth $416,000 after acquiring an additional 538 shares during the last quarter. Institutional investors and hedge funds own 81.92% of the company’s stock.
Nabors Industries News Roundup
Here are the key news stories impacting Nabors Industries this week:
- Positive Sentiment: Zacks Research raised its earnings outlook across several periods, including FY2026, FY2027, FY2028 and multiple quarterly estimates, suggesting a better long-term profit profile for Nabors Industries. This kind of broad upward revision is typically viewed favorably by investors.
- Positive Sentiment: Most of the changes were upward revisions to EPS estimates, including Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027, FY2027 and FY2028, which signals analysts see improving operating performance ahead.
- Neutral Sentiment: The updated estimates still point to losses in several near-term quarters, so while the revisions are encouraging, they do not yet indicate a return to consistent profitability in the immediate future.
- Neutral Sentiment: Nabors Industries previously beat quarterly EPS and revenue expectations in its last earnings report, which may be helping support sentiment alongside the newer analyst upgrades.
Nabors Industries Stock Performance
Nabors Industries (NYSE:NBR – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The oil and gas company reported ($1.54) earnings per share for the quarter, beating analysts’ consensus estimates of ($2.49) by $0.95. Nabors Industries had a net margin of 7.32% and a negative return on equity of 8.66%. The firm had revenue of $783.55 million for the quarter, compared to analyst estimates of $769.33 million. During the same period last year, the firm posted $2.18 EPS. Nabors Industries’s quarterly revenue was up 6.4% on a year-over-year basis. On average, sell-side analysts expect that Nabors Industries Ltd. will post -3.32 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on NBR. Barclays upgraded shares of Nabors Industries from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $65.00 to $99.00 in a research report on Thursday, May 7th. Morgan Stanley restated an “overweight” rating and set a $100.00 target price (up from $80.00) on shares of Nabors Industries in a research report on Wednesday, April 15th. Royal Bank Of Canada raised their target price on shares of Nabors Industries from $91.00 to $120.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Citigroup raised their target price on shares of Nabors Industries from $89.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Susquehanna restated a “neutral” rating and set a $105.00 target price (up from $85.00) on shares of Nabors Industries in a research report on Thursday, April 30th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Nabors Industries has an average rating of “Hold” and an average price target of $103.43.
Check Out Our Latest Research Report on Nabors Industries
Nabors Industries 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.
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