BMO Capital Markets Issues Positive Forecast for SLB (NYSE:SLB) Stock Price

SLB (NYSE:SLB) had its price target upped by BMO Capital Markets from $53.00 to $55.00 in a research note issued to investors on Monday, MarketBeat reports. BMO Capital Markets currently has an outperform rating on the oil and gas company’s stock.

SLB has been the topic of several other reports. Evercore ISI set a $54.00 target price on SLB and gave the company an “outperform” rating in a research note on Tuesday, January 6th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $49.00 target price on shares of SLB in a research report on Wednesday, January 14th. TD Cowen increased their price target on SLB from $56.00 to $57.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Rothschild Redb raised SLB to a “strong-buy” rating in a report on Monday, November 3rd. Finally, Redburn Partners set a $48.00 target price on SLB in a report on Monday, November 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, SLB currently has an average rating of “Moderate Buy” and an average price target of $52.12.

SLB Price Performance

Shares of SLB opened at $49.73 on Monday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.98 and a current ratio of 1.33. The stock has a market cap of $74.30 billion, a PE ratio of 20.98 and a beta of 0.72. The firm’s 50-day simple moving average is $40.42 and its two-hundred day simple moving average is $36.80. SLB has a fifty-two week low of $31.11 and a fifty-two week high of $51.67.

SLB (NYSE:SLB) last posted its quarterly earnings data on Friday, January 23rd. The oil and gas company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. SLB had a return on equity of 17.45% and a net margin of 9.45%.The company had revenue of $9.75 billion during the quarter, compared to analyst estimates of $9.54 billion. During the same quarter last year, the company earned $0.92 EPS. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. Analysts anticipate that SLB will post 3.38 earnings per share for the current fiscal year.

SLB Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Wednesday, February 11th will be given a $0.295 dividend. The ex-dividend date is Wednesday, February 11th. This is a positive change from SLB’s previous quarterly dividend of $0.29. This represents a $1.18 dividend on an annualized basis and a yield of 2.4%. SLB’s dividend payout ratio (DPR) is currently 48.10%.

Insider Transactions at SLB

In other news, Director Peter John Coleman sold 5,500 shares of SLB stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $35.82, for a total transaction of $197,010.00. Following the transaction, the director directly owned 18,671 shares of the company’s stock, valued at $668,795.22. The trade was a 22.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Stephane Biguet sold 38,447 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $36.75, for a total value 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 103,947 shares of company stock valued at $3,871,337 over the last quarter. 0.22% of the stock is currently owned by company insiders.

Institutional Trading of SLB

Hedge funds and other institutional investors have recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new position in SLB in the 2nd quarter worth $25,000. Root Financial Partners LLC purchased a new position in shares of SLB in the third quarter valued at about $29,000. Corsicana & Co. bought a new position in shares of SLB in the third quarter worth about $31,000. Strengthening Families & Communities LLC bought a new position in shares of SLB in the third quarter worth about $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SLB during the fourth quarter worth about $31,000. 81.99% of the stock is owned by hedge funds and other institutional investors.

SLB News Roundup

Here are the key news stories impacting SLB this week:

• Positive Sentiment: Susquehanna raised its price target to $58 and kept a “positive” rating — the highest upgrade in this batch, implying ~16.6% upside. Susquehanna Upgrade The Fly
• Positive Sentiment: Bank of America bumped its target to $55 and reaffirmed a “buy” stance, signaling ~10.6% upside and stronger confidence from a large sell‑side house. BofA Upgrade
• Positive Sentiment: BMO Capital Markets raised its target to $55 and keeps an “outperform” rating, another vote of confidence supporting higher near‑term upside. BMO Upgrade The Fly
• Positive Sentiment: JPMorgan raised its target to $54 and moved to “overweight,” reflecting increased expectations for SLB’s earnings and cash‑flow trajectory. JPMorgan Upgrade
• Positive Sentiment: RBC lifted its target to $54 and kept an “outperform” rating, echoing the consensus that SLB’s fundamentals support higher valuation. RBC Upgrade The Fly
• Positive Sentiment: OilPrice reports North American revenue jumped after SLB closed the ChampionX acquisition — a near‑term revenue and backlog boost that supports the recent analyst upgrades. OilPrice Article
• Neutral Sentiment: Zacks published analysis on SLB’s international revenue trends — useful for evaluating geographic exposure and growth sustainability but not an immediate catalyst. Zacks Analysis

SLB Company Profile

SLB (NYSE: SLB), historically known as Schlumberger, is a leading global provider of technology, integrated project management and information solutions for the energy industry. Founded by Conrad and Marcel Schlumberger in 1926, the company develops and supplies products and services used across the exploration, drilling, completion and production phases of oil and gas development. Its offerings are intended to help operators characterize reservoirs, drill and complete wells, optimize production and manage field operations throughout the asset lifecycle.

SLB’s product and service portfolio spans reservoir characterization and well testing, wireline and logging services, directional drilling and drilling tools, well construction and completion technologies, production systems, and subsea equipment.