Clough Capital Partners L P Makes New Investment in SLB Limited $SLB

Clough Capital Partners L P bought a new stake in shares of SLB Limited (NYSE:SLB) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 355,255 shares of the oil and gas company’s stock, valued at approximately $18,257,000. SLB makes up approximately 1.8% of Clough Capital Partners L P’s holdings, making the stock its 23rd largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in SLB. Evergreen Advisors LLC bought a new stake in shares of SLB during the 1st quarter worth about $26,000. MV Capital Management Inc. bought a new position in shares of SLB in the 4th quarter valued at approximately $28,000. Strategic Wealth Advisors LLC bought a new position in shares of SLB in the 4th quarter valued at approximately $30,000. Costello Asset Management INC lifted its holdings in SLB by 93.3% in the 1st quarter. Costello Asset Management INC now owns 580 shares of the oil and gas company’s stock worth $30,000 after purchasing an additional 280 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SLB in the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 81.99% of the company’s stock.

Insider Buying and Selling at SLB

In related news, Director La Chevardiere Patrick De sold 2,000 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $54.33, for a total value of $108,660.00. Following the completion of the sale, the director owned 16,953 shares in the company, valued at approximately $921,056.49. This trade represents a 10.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Steve Matthew Gassen sold 53,379 shares of SLB stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $56.18, for a total value of $2,998,832.22. Following the sale, the executive vice president directly owned 47,421 shares in the company, valued at approximately $2,664,111.78. This trade represents a 52.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.16% of the company’s stock.

Wall Street Analyst Weigh In

SLB has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $61.00 target price on shares of SLB in a research report on Tuesday, June 16th. Wolfe Research began coverage on shares of SLB in a research note on Wednesday, July 8th. They issued an “outperform” rating and a $62.00 price objective for the company. UBS Group decreased their price objective on shares of SLB from $69.00 to $66.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Weiss Ratings lowered shares of SLB from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Finally, Raymond James Financial lowered their target price on shares of SLB from $62.00 to $61.00 and set an “outperform” rating on the stock in a research note on Friday, July 10th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, SLB presently has a consensus rating of “Moderate Buy” and a consensus price target of $60.35.

Key SLB News

Here are the key news stories impacting SLB this week:

• Positive Sentiment: SLB reported Q2 adjusted EPS of $0.55, ahead of estimates of $0.51, on revenue of $8.97 billion versus expectations of $8.67 billion. SLB (NYSE:SLB) Beats Expectations in Strong Q2 CY2026
• Positive Sentiment: Management pointed to higher offshore activity and growth in Digital and Production Systems, which helped drive the quarter and support the outlook. SLB Posts Higher Revenue on Increased Offshore Activity, Data-Center Demand
• Positive Sentiment: SLB’s expanding data-center power and infrastructure push is being viewed as an additional growth vector, adding to investor optimism. What SLB (SLB)’s AI Data Center Power Push and Baleine Win Means For Shareholders
• Neutral Sentiment: Revenue still declined year over year, so the quarter was solid but not a return to broad-based growth. Top US oilfield services firm SLB beats quarterly profit estimates
• Neutral Sentiment: Middle East disruptions remain a headwind, but resilient demand in other regions is currently outweighing that pressure. SLB Stock Rises on Earnings Beat as Strong Activity Offsets Middle East Disruption

SLB Stock Up 0.0%

SLB opened at $52.43 on Monday. The business has a 50 day moving average of $51.16 and a 200-day moving average of $50.60. The stock has a market capitalization of $78.39 billion, a price-to-earnings ratio of 25.33, a P/E/G ratio of 2.12 and a beta of 0.72. The company has a current ratio of 1.44, a quick ratio of 1.05 and a debt-to-equity ratio of 0.41. SLB Limited has a 1-year low of $31.64 and a 1-year high of $58.82.

SLB (NYSE:SLB) last announced its earnings results on Friday, July 24th. The oil and gas company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.04. SLB had a net margin of 8.53% and a return on equity of 14.05%. The business had revenue of $8.97 billion for the quarter, compared to analyst estimates of $8.67 billion. During the same quarter in the previous year, the firm posted $0.74 earnings per share. SLB’s revenue was up 5.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that SLB Limited will post 2.52 earnings per share for the current year.

SLB Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 2nd will be given a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 2.3%. The ex-dividend date is Wednesday, September 2nd. SLB’s dividend payout ratio (DPR) is currently 51.53%.

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.