Representative Lisa C. McClain (R-Michigan) recently sold shares of SLB Limited (NYSE:SLB). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in SLB stock on October 31st. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.
SLB Price Performance
Shares of NYSE:SLB opened at $35.69 on Thursday. The company has a market cap of $53.31 billion, a PE ratio of 13.78, a P/E/G ratio of 10.19 and a beta of 0.97. SLB Limited has a fifty-two week low of $31.11 and a fifty-two week high of $44.66. The firm has a 50-day simple moving average of $35.08 and a 200 day simple moving average of $34.87. The company has a quick ratio of 1.01, a current ratio of 1.39 and a debt-to-equity ratio of 0.40.
SLB Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Wednesday, December 3rd will be given a dividend of $0.285 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Wednesday, December 3rd. SLB’s dividend payout ratio is currently 44.02%.
Institutional Trading of SLB
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Greenfield Seitz Capital Management LLC lifted its stake in shares of SLB by 31.4% in the 3rd quarter. Greenfield Seitz Capital Management LLC now owns 12,859 shares of the oil and gas company’s stock worth $442,000 after acquiring an additional 3,071 shares during the period. Fulcrum Asset Management LLP raised its holdings in SLB by 21.3% during the third quarter. Fulcrum Asset Management LLP now owns 177,598 shares of the oil and gas company’s stock worth $6,104,000 after purchasing an additional 31,210 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position in SLB by 19.1% in the third quarter. CIBC Private Wealth Group LLC now owns 124,001 shares of the oil and gas company’s stock worth $4,262,000 after purchasing an additional 19,917 shares during the period. Achmea Investment Management B.V. boosted its stake in SLB by 134.7% during the 3rd quarter. Achmea Investment Management B.V. now owns 744,320 shares of the oil and gas company’s stock valued at $25,582,000 after purchasing an additional 427,138 shares in the last quarter. Finally, Coldstream Capital Management Inc. increased its position in shares of SLB by 6.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 27,633 shares of the oil and gas company’s stock valued at $950,000 after purchasing an additional 1,627 shares during the period. 81.99% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the company. UBS Group restated a “buy” rating and set a $44.00 price objective on shares of SLB in a research note on Tuesday, October 21st. Redburn Partners set a $48.00 price target on shares of SLB in a research report on Monday, November 3rd. Rothschild & Co Redburn began coverage on shares of SLB in a report on Monday, November 3rd. They issued a “buy” rating and a $48.00 price objective on the stock. Barclays boosted their target price on shares of SLB from $46.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, October 21st. Finally, Melius Research initiated coverage on shares of SLB in a research note on Wednesday, August 20th. They issued a “buy” rating and a $82.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $51.28.
Check Out Our Latest Analysis on SLB
Insider Transactions at SLB
In other SLB news, EVP Abdellah Merad sold 60,000 shares of the company’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $37.69, for a total value of $2,261,400.00. Following the completion of the sale, the executive vice president directly owned 159,371 shares of the company’s stock, valued at approximately $6,006,692.99. This represents a 27.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Stephane Biguet sold 38,447 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $36.75, for a total transaction of $1,412,927.25. Following the transaction, the chief financial officer owned 175,690 shares of the company’s stock, valued at approximately $6,456,607.50. This trade represents a 17.95% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 138,174 shares of company stock valued at $5,107,677. Corporate insiders own 0.22% of the company’s stock.
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.
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.
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