Hara Capital LLC Has $658,000 Stock Position in NOV Inc. $NOV

Hara Capital LLC cut its holdings in shares of NOV Inc. (NYSE:NOV) by 47.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,676 shares of the oil and gas exploration company’s stock after selling 44,726 shares during the period. Hara Capital LLC’s holdings in NOV were worth $658,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Royal Bank of Canada lifted its position in shares of NOV by 15.6% during the 1st quarter. Royal Bank of Canada now owns 49,721 shares of the oil and gas exploration company’s stock worth $756,000 after buying an additional 6,711 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in NOV by 35.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 161,927 shares of the oil and gas exploration company’s stock worth $2,465,000 after acquiring an additional 42,462 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of NOV by 17.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,062,292 shares of the oil and gas exploration company’s stock worth $16,168,000 after acquiring an additional 157,385 shares during the last quarter. Focus Partners Wealth acquired a new stake in shares of NOV in the 1st quarter valued at approximately $214,000. Finally, Voya Investment Management LLC grew its holdings in shares of NOV by 2.8% during the 1st quarter. Voya Investment Management LLC now owns 48,413 shares of the oil and gas exploration company’s stock valued at $737,000 after purchasing an additional 1,309 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on NOV. Citigroup increased their price objective on shares of NOV from $16.00 to $17.00 and gave the company a “neutral” rating in a research note on Thursday, December 11th. Barclays upped their price target on shares of NOV from $13.00 to $15.00 and gave the stock an “underweight” rating in a report on Wednesday, December 17th. Weiss Ratings reissued a “hold (c)” rating on shares of NOV in a report on Monday, December 29th. Piper Sandler upped their target price on NOV from $14.00 to $17.00 and gave the stock a “neutral” rating in a report on Thursday, December 18th. Finally, Stifel Nicolaus increased their target price on NOV from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Six equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $16.92.

NOV Stock Performance

NYSE NOV opened at $18.47 on Friday. The company has a market capitalization of $6.74 billion, a price-to-earnings ratio of 18.47, a PEG ratio of 4.88 and a beta of 0.95. The company has a quick ratio of 1.71, a current ratio of 2.55 and a debt-to-equity ratio of 0.26. NOV Inc. has a twelve month low of $10.84 and a twelve month high of $18.55. The stock has a fifty day simple moving average of $16.22 and a 200 day simple moving average of $14.31.

NOV (NYSE:NOV) last announced its earnings results on Tuesday, October 28th. The oil and gas exploration company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.13). NOV had a return on equity of 5.89% and a net margin of 4.36%.The business’s revenue was down .7% on a year-over-year basis. During the same period last year, the company earned $0.33 EPS. Sell-side analysts expect that NOV Inc. will post 1.4 EPS for the current year.

NOV Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were issued a $0.075 dividend. The ex-dividend date was Friday, December 5th. This represents a $0.30 annualized dividend and a yield of 1.6%. NOV’s dividend payout ratio is presently 30.00%.

Insiders Place Their Bets

In other news, Director Christian S. Kendall purchased 70,000 shares of the stock in a transaction on Friday, November 21st. The stock was purchased at an average price of $14.46 per share, for a total transaction of $1,012,200.00. Following the acquisition, the director owned 85,949 shares in the company, valued at $1,242,822.54. This trade represents a 438.90% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.08% of the company’s stock.

NOV News Roundup

Here are the key news stories impacting NOV this week:

• Neutral Sentiment: Several headlines in the feed concern Novagold (unrelated company) — a $200M bought deal financing and a prior $1B transaction to increase ownership in Donlin Gold. These items are unlikely to directly affect NOV Inc. but may appear in aggregated news feeds. NOVAGOLD Launches US$200 Million Bought Deal
• Neutral Sentiment: Additional Novagold corporate filings and the 2025 year‑end report (detailing the Donlin Gold ownership change) were also published; again, these are for Novagold investors and not material to NOV Inc. NOVAGOLD Files 2025 Year-End Report
• Negative Sentiment: Unusually large put option activity on NOV: traders bought ~2,616 put contracts — roughly a 1,353% increase vs. a typical daily put volume (~180). Large put buying can reflect bearish expectations or hedging by large holders; it often raises implied volatility and can pressure the shares if market‑makers hedge by shorting stock. Monitor options open interest, implied vol, and whether the activity is concentrated at a particular strike/expiration. Stock Traders Buy Large Volume of Put Options on NOV (NYSE:NOV)

NOV Company Profile

National Oilwell Varco (NYSE: NOV) is a leading provider of equipment and technology to the oil and gas industry. The company designs, manufactures and services an extensive portfolio of products used in drilling, completion and production operations. Its offerings include drilling rigs and related components, wellbore technologies such as tubulars and completion tools, surface equipment including mud pumps and blowout preventers, and aftermarket parts and services that support ongoing field operations.

NOV’s business is organized to serve upstream energy companies around the world.