Tejara Capital Ltd Grows Stake in SLB Limited $SLB

Tejara Capital Ltd grew its holdings in shares of SLB Limited (NYSE:SLB) by 400.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 138,759 shares of the oil and gas company’s stock after buying an additional 111,059 shares during the period. SLB accounts for 2.5% of Tejara Capital Ltd’s portfolio, making the stock its 12th biggest position. Tejara Capital Ltd’s holdings in SLB were worth $4,769,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SLB. Vanguard Group Inc. increased its position in SLB by 14.2% during the 2nd quarter. Vanguard Group Inc. now owns 150,317,566 shares of the oil and gas company’s stock valued at $5,080,734,000 after purchasing an additional 18,672,021 shares during the period. Norges Bank bought a new stake in shares of SLB during the 2nd quarter valued at about $618,697,000. Franklin Resources Inc. increased its position in shares of SLB by 30.4% during the second quarter. Franklin Resources Inc. now owns 20,233,749 shares of the oil and gas company’s stock valued at $683,901,000 after buying an additional 4,719,852 shares during the period. Lazard Asset Management LLC increased its position in shares of SLB by 80.7% during the second quarter. Lazard Asset Management LLC now owns 6,788,978 shares of the oil and gas company’s stock valued at $229,466,000 after buying an additional 3,031,906 shares during the period. Finally, Assenagon Asset Management S.A. raised its stake in SLB by 346.3% in the third quarter. Assenagon Asset Management S.A. now owns 3,876,526 shares of the oil and gas company’s stock worth $133,236,000 after buying an additional 3,007,911 shares in the last quarter. Institutional investors own 81.99% of the company’s stock.

Insider Activity

In related news, Director La Chevardiere Patrick De sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $50.29, for a total transaction of $201,160.00. Following the completion of the sale, the director owned 19,525 shares of the company’s stock, valued at $981,912.25. This trade represents a 17.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Abdellah Merad sold 60,000 shares of the business’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 $2,982,000.00. Following the completion of the transaction, the executive vice president owned 140,602 shares of the company’s stock, valued at approximately $6,987,919.40. The trade was a 29.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 260,849 shares of company stock valued at $11,668,003. Company insiders own 0.22% of the company’s stock.

Key Stories Impacting SLB

Here are the key news stories impacting SLB this week:

• Positive Sentiment: SLB won two contracts from Petroleum Development Oman for operations in Block‑6 — a revenue and backlog positive, reinforcing international E&P service demand. SLB wins two contracts from PDO for Oman’s Block-6
• Positive Sentiment: Argus upgraded SLB, which can support near‑term buying interest and lift price targets or sentiment among momentum traders. SLB (NYSE:SLB) Upgraded at Argus
• Positive Sentiment: Analyst coverage remains broadly constructive: one roundup shows a consensus around a “Moderate Buy” and discussion of Wall Street expectations — that analyst sentiment and price targets can provide support. SLB Limited (NYSE:SLB) Given Consensus Recommendation of “Moderate Buy” by Analysts Are Wall Street Analysts Predicting SLB N.V. Stock Will Climb or Sink?
• Neutral Sentiment: SLB is a “trending” stock on Zacks (high investor interest), which can boost volume and volatility but doesn’t by itself change fundamentals. SLB Limited (SLB) Is a Trending Stock
• Negative Sentiment: Insider selling reported: a transaction totaling $921,541.50 was disclosed — investors often view sizable insider sales as a near‑term negative signal. Insider Selling: SLB (NYSE:SLB) Insider Sells $921,541.50 in Stock
• Negative Sentiment: Additional insider sale: SLB’s CAO sold $659,419.60 of stock, which may add selling pressure or raise governance questions for some investors. Insider Selling: SLB (NYSE:SLB) CAO Sells $659,419.60 in Stock
• Negative Sentiment: Stephane Biguet disclosed a sale of 61,017 shares — another insider disposition that investors may interpret as a negative near‑term signal even if for personal/liquidity reasons. Stephane Biguet Sells 61,017 Shares of SLB (NYSE:SLB) Stock
• Negative Sentiment: Freedom Capital cut SLB to “Strong Sell” — a boutique downgrade that can pressure sentiment among retail and technical traders even if larger sell‑side shops remain neutral/positive. SLB (NYSE:SLB) Cut to Strong Sell at Freedom Capital

SLB Trading Down 0.1%

SLB stock opened at $48.38 on Friday. SLB Limited has a 12 month low of $31.11 and a 12 month high of $51.67. The company has a market capitalization of $72.34 billion, a price-to-earnings ratio of 20.41, a price-to-earnings-growth ratio of 3.30 and a beta of 0.72. The business’s fifty day simple moving average is $41.48 and its two-hundred day simple moving average is $37.15. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.36.

SLB (NYSE:SLB) last posted its quarterly earnings results on Friday, January 23rd. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.04. The firm had revenue of $9.75 billion during the quarter, compared to analyst estimates of $9.54 billion. SLB had a return on equity of 17.45% and a net margin of 9.45%.SLB’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.92 EPS. As a group, equities analysts predict that SLB Limited will post 3.38 earnings per share for the current fiscal year.

SLB Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, February 11th will be paid a $0.295 dividend. This is a boost from SLB’s previous quarterly dividend of $0.29. This represents a $1.18 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Wednesday, February 11th. SLB’s payout ratio is currently 48.10%.

Analysts Set New Price Targets

Several analysts have weighed in on SLB shares. Bank of America lifted their price objective on SLB from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Weiss Ratings restated a “hold (c-)” rating on shares of SLB in a research note on Wednesday, October 8th. Evercore ISI set a $54.00 price target on SLB and gave the company an “outperform” rating in a research report on Tuesday, January 6th. TD Cowen increased their price objective on SLB from $56.00 to $57.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Finally, Argus upgraded shares of SLB to a “strong-buy” rating in a report on Monday, January 26th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $51.92.

About SLB

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.