Rep. Lisa C. McClain Buys NOV Inc. (NYSE:NOV) Shares

Posted by Defense World Staff on Aug 19th, 2025

Representative Lisa C. McClain (R-Michigan) recently bought shares of NOV Inc. (NYSE:NOV). In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in NOV stock on June 24th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Autoliv (NYSE:ALV) on 8/4/2025.
Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/4/2025.
Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/4/2025.
Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/4/2025.
Sold $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 7/22/2025.
Purchased $1,001 – $15,000 in shares of XPO (NYSE:XPO) on 7/22/2025.
Purchased $1,001 – $15,000 in shares of Lithia Motors (NYSE:LAD) on 7/22/2025.
Sold $1,001 – $15,000 in shares of Sanofi (NASDAQ:SNY) on 7/22/2025.
Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 7/22/2025.
Purchased $1,001 – $15,000 in shares of Group 1 Automotive (NYSE:GPI) on 7/22/2025.

NOV Stock Performance

Shares of NOV stock opened at $12.35 on Tuesday. The company has a current ratio of 2.58, a quick ratio of 1.72 and a debt-to-equity ratio of 0.26. The business has a 50-day moving average price of $13.00 and a two-hundred day moving average price of $13.36. NOV Inc. has a 1-year low of $10.84 and a 1-year high of $18.40. The company has a market cap of $4.59 billion, a P/E ratio of 10.12, a PEG ratio of 3.38 and a beta of 1.32.

NOV (NYSE:NOV – Get Free Report) last issued its quarterly earnings results on Monday, July 28th. The oil and gas exploration company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). NOV had a return on equity of 7.25% and a net margin of 5.36%. The business had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same quarter in the previous year, the business posted $0.57 earnings per share. The business’s revenue was down 1.3% on a year-over-year basis. As a group, analysts anticipate that NOV Inc. will post 1.4 EPS for the current year.

NOV Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Friday, September 12th will be issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, September 12th. NOV’s dividend payout ratio (DPR) is presently 24.59%.

Institutional Investors Weigh In On NOV

Several institutional investors and hedge funds have recently added to or reduced their stakes in NOV. American Century Companies Inc. increased its stake in NOV by 585.8% in the 2nd quarter. American Century Companies Inc. now owns 5,291,529 shares of the oil and gas exploration company’s stock valued at $65,774,000 after buying an additional 4,519,957 shares during the last quarter. First Pacific Advisors LP increased its stake in shares of NOV by 101.0% during the 2nd quarter. First Pacific Advisors LP now owns 7,018,950 shares of the oil and gas exploration company’s stock worth $87,246,000 after purchasing an additional 3,526,754 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of NOV by 88.9% during the 1st quarter. AQR Capital Management LLC now owns 7,146,949 shares of the oil and gas exploration company’s stock worth $107,276,000 after purchasing an additional 3,362,853 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of NOV by 401.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,165,518 shares of the oil and gas exploration company’s stock worth $39,347,000 after purchasing an additional 2,534,815 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in shares of NOV during the 1st quarter worth approximately $33,742,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Analysts Set New Price Targets

NOV has been the topic of a number of research analyst reports. Wells Fargo & Company cut their price objective on shares of NOV from $11.00 to $10.00 and set an “underweight” rating on the stock in a research report on Thursday, June 5th. Stifel Nicolaus cut their price objective on shares of NOV from $22.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, July 30th. Morgan Stanley cut their price objective on shares of NOV from $18.00 to $15.00 and set an “overweight” rating on the stock in a research report on Friday, May 16th. JPMorgan Chase & Co. cut shares of NOV from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $17.00 to $15.00 in a research report on Wednesday, July 30th. Finally, Royal Bank Of Canada cut their price objective on shares of NOV from $19.00 to $18.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 30th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $16.56.

View Our Latest Report on NOV

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

NOV Company Profile

(Get Free Report)

NOV Inc designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.