Q2 EPS Estimates for Schlumberger Reduced by Atb Cap Markets

Schlumberger Limited (NYSE:SLB) – Analysts at Atb Cap Markets cut their Q2 2025 earnings estimates for shares of Schlumberger in a research report issued on Wednesday, June 25th. Atb Cap Markets analyst W. Syed now anticipates that the oil and gas company will post earnings per share of $0.71 for the quarter, down from their prior estimate of $0.74. The consensus estimate for Schlumberger’s current full-year earnings is $3.38 per share.

Other research analysts have also issued research reports about the company. Jefferies Financial Group decreased their price objective on Schlumberger from $54.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday. Piper Sandler reduced their price target on Schlumberger from $46.00 to $44.00 and set a “neutral” rating on the stock in a report on Tuesday, April 29th. Wells Fargo & Company reduced their price target on Schlumberger from $46.00 to $43.00 and set an “overweight” rating on the stock in a report on Thursday, June 5th. Barclays reduced their price target on Schlumberger from $53.00 to $48.00 and set an “overweight” rating on the stock in a report on Friday, April 25th. Finally, Stifel Nicolaus reduced their price objective on shares of Schlumberger from $58.00 to $54.00 and set a “buy” rating on the stock in a report on Monday, April 28th. Four equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $52.03.

Schlumberger Trading Up 0.5%

Shares of SLB stock opened at $34.01 on Friday. The stock’s fifty day moving average is $34.46 and its two-hundred day moving average is $37.84. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.93 and a current ratio of 1.24. The firm has a market capitalization of $46.26 billion, a P/E ratio of 11.53, a PEG ratio of 8.82 and a beta of 1.01. Schlumberger has a fifty-two week low of $31.11 and a fifty-two week high of $50.94.

Schlumberger (NYSE:SLB) last announced its quarterly earnings data on Friday, April 25th. The oil and gas company reported $0.72 earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.01). The firm had revenue of $8.49 billion during the quarter, compared to analysts’ expectations of $8.64 billion. Schlumberger had a net margin of 11.62% and a return on equity of 21.76%. The company’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.75 EPS.

Hedge Funds Weigh In On Schlumberger

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Inspire Investing LLC grew its position in shares of Schlumberger by 1.7% during the first quarter. Inspire Investing LLC now owns 131,614 shares of the oil and gas company’s stock worth $5,501,000 after buying an additional 2,222 shares in the last quarter. DLD Asset Management LP acquired a new position in Schlumberger in the first quarter valued at approximately $1,530,000. Birmingham Capital Management Co. Inc. AL boosted its holdings in Schlumberger by 2.7% in the first quarter. Birmingham Capital Management Co. Inc. AL now owns 37,025 shares of the oil and gas company’s stock valued at $1,548,000 after purchasing an additional 990 shares in the last quarter. Strs Ohio acquired a new position in Schlumberger in the first quarter valued at approximately $46,010,000. Finally, Ellsworth Advisors LLC acquired a new position in Schlumberger in the first quarter valued at approximately $1,739,000. 81.99% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Schlumberger

In other news, Director La Chevardiere Patrick De sold 5,000 shares of the business’s stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $33.58, for a total transaction of $167,900.00. Following the completion of the transaction, the director now directly owns 23,525 shares of the company’s stock, valued at approximately $789,969.50. The trade was a 17.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.26% of the stock is currently owned by corporate insiders.

Schlumberger Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Wednesday, June 4th will be given a $0.285 dividend. This represents a $1.14 annualized dividend and a yield of 3.35%. The ex-dividend date of this dividend is Wednesday, June 4th. Schlumberger’s dividend payout ratio is currently 38.64%.

Schlumberger Company Profile

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.