SLB Limited $SLB Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC cut its position in SLB Limited (NYSE:SLB) by 24.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 263,821 shares of the oil and gas company’s stock after selling 86,948 shares during the period. Voya Investment Management LLC’s holdings in SLB were worth $9,068,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the company. Twin Peaks Wealth Advisors LLC acquired a new stake in SLB in the second quarter valued at $25,000. Atticus Wealth Management LLC purchased a new position in shares of SLB in the 2nd quarter valued at about $29,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of SLB by 55.3% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 983 shares of the oil and gas company’s stock worth $33,000 after acquiring an additional 350 shares in the last quarter. NewSquare Capital LLC raised its position in shares of SLB by 51.4% during the 2nd quarter. NewSquare Capital LLC now owns 1,004 shares of the oil and gas company’s stock worth $34,000 after acquiring an additional 341 shares in the last quarter. Finally, Rise Advisors LLC lifted its stake in SLB by 63.9% during the third quarter. Rise Advisors LLC now owns 1,421 shares of the oil and gas company’s stock worth $49,000 after purchasing an additional 554 shares during the last quarter. 81.99% of the stock is owned by hedge funds and other institutional investors.

SLB Trading Down 0.4%

NYSE SLB opened at $38.17 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.39 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $57.03 billion, a P/E ratio of 14.74 and a beta of 0.73. SLB Limited has a 52-week low of $31.11 and a 52-week high of $44.66. The firm has a 50-day moving average price of $36.58 and a 200 day moving average price of $35.38.

SLB (NYSE:SLB) last announced its quarterly earnings data on Friday, October 17th. The oil and gas company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.02. The firm had revenue of $8.93 billion for the quarter, compared to analyst estimates of $8.99 billion. SLB had a return on equity of 18.97% and a net margin of 10.34%.SLB’s quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.89 earnings per share. Equities research analysts expect that SLB Limited will post 3.38 EPS for the current year.

SLB Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Wednesday, December 3rd will be issued a $0.285 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, December 3rd. SLB’s dividend payout ratio (DPR) is currently 44.02%.

Analyst Upgrades and Downgrades

SLB has been the topic of several recent analyst reports. Cowen reiterated a “buy” rating and issued a $57.00 price target on shares of SLB in a research note on Thursday, December 11th. Redburn Partners set a $48.00 target price on shares of SLB in a research report on Monday, November 3rd. Rothschild & Co Redburn initiated coverage on shares of SLB in a research note on Monday, November 3rd. They set a “buy” rating and a $48.00 price target on the stock. JPMorgan Chase & Co. decreased their price objective on shares of SLB from $44.00 to $43.00 and set an “overweight” rating for the company in a research note on Monday, October 20th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SLB in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $52.42.

Insider Activity at SLB

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

Trending Headlines about SLB

Here are the key news stories impacting SLB this week:

• Positive Sentiment: SLB won a multi‑year, multi‑billion dollar contract from Saudi Aramco to provide stimulation, well intervention, frac automation and digital solutions for unconventional gas development — a large, long‑term revenue stream and strategic win in a key growth market. Read More.
• Positive Sentiment: Heavy call‑option buying suggests some investors are positioning for upside: ~72,848 calls traded in a single session (about a 167% jump versus typical volume), which can amplify near‑term upside interest. (trade data entry)
• Positive Sentiment: Sell‑side support remains constructive — UBS reiterated a Buy with a $50 target and BMO reiterated Buy, citing international/offshore upside and digital‑led margin strength; these ratings can support sentiment and push upside as execution proves out. Read More.
• Neutral Sentiment: Coverage pieces revisiting SLB’s valuation after a steady share rebound flag both upside from rerating and valuation questions — useful for investors assessing whether current multiples already reflect the Aramco deal and digital growth. Read More.
• Neutral Sentiment: Media and regional outlets report the same Aramco award (Investing.com, Upstream, regional papers), reinforcing that this is a confirmed, material contract; multiple confirmations reduce execution‑risk uncertainty but leave focus on delivery terms and timing. Read More. | Read More.

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.