Griffin Securities Comments on SLB’s Q1 Earnings (NYSE:SLB)

SLB Limited (NYSE:SLB) – Stock analysts at Griffin Securities raised their Q1 2026 earnings per share (EPS) estimates for SLB in a report issued on Sunday, October 19th. Griffin Securities analyst K. Simpson now anticipates that the oil and gas company will post earnings of $0.65 per share for the quarter, up from their prior forecast of $0.64. The consensus estimate for SLB’s current full-year earnings is $3.38 per share. Griffin Securities also issued estimates for SLB’s Q3 2026 earnings at $0.77 EPS, Q4 2026 earnings at $0.84 EPS and FY2026 earnings at $3.00 EPS.

SLB has been the subject of a number of other research reports. Stifel Nicolaus reduced their price target on SLB from $54.00 to $52.00 and set a “buy” rating for the company in a research report on Wednesday, July 16th. Melius Research started coverage on SLB in a research report on Wednesday, August 20th. They set a “buy” rating and a $82.00 price objective for the company. Susquehanna cut their price objective on SLB from $44.00 to $42.00 and set a “positive” rating for the company in a research report on Monday, July 21st. Citigroup boosted their price objective on SLB from $46.00 to $47.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, UBS Group reissued a “buy” rating and set a $44.00 price objective on shares of SLB in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, SLB currently has an average rating of “Moderate Buy” and an average price target of $51.69.

SLB Price Performance

Shares of NYSE:SLB opened at $33.51 on Tuesday. SLB has a fifty-two week low of $31.11 and a fifty-two week high of $44.97. The business has a 50-day moving average of $34.52 and a two-hundred day moving average of $34.48. The stock has a market capitalization of $50.05 billion, a P/E ratio of 12.94, a P/E/G ratio of 9.35 and a beta of 0.97. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.39 and a quick ratio of 1.01.

SLB (NYSE:SLB) last announced its quarterly earnings results 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. SLB had a return on equity of 18.97% and a net margin of 10.34%.The company had revenue of $8.93 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the previous year, the firm earned $0.89 earnings per share. The business’s quarterly revenue was down 2.5% compared to the same quarter last year.

SLB Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Wednesday, December 3rd will be paid a $0.285 dividend. This represents a $1.14 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Wednesday, December 3rd. SLB’s dividend payout ratio is currently 44.02%.

Insider Buying and Selling at SLB

In other news, insider Dianne B. Ralston sold 39,727 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $36.08, for a total value of $1,433,350.16. Following the sale, the insider directly owned 202,201 shares in the company, valued at approximately $7,295,412.08. This represents a 16.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.22% of the company’s stock.

Institutional Investors Weigh In On SLB

Several large investors have recently modified their holdings of SLB. Twin Peaks Wealth Advisors LLC bought a new stake in shares of SLB in the 2nd quarter valued at approximately $25,000. First Command Advisory Services Inc. boosted its position in shares of SLB by 300.0% in the 1st quarter. First Command Advisory Services Inc. now owns 636 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 477 shares during the last quarter. Atticus Wealth Management LLC bought a new position in shares of SLB in the 2nd quarter worth $29,000. Corsicana & Co. bought a new position in shares of SLB in the 3rd quarter worth $31,000. Finally, Atlas Capital Advisors Inc. acquired a new stake in SLB during the 1st quarter worth $33,000. 81.99% of the stock is currently owned by institutional investors.

About SLB

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.