Belpointe Asset Management LLC Acquires 17,497 Shares of SLB Limited $SLB

Belpointe Asset Management LLC increased its stake in shares of SLB Limited (NYSE:SLB) by 105.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 34,122 shares of the oil and gas company’s stock after purchasing an additional 17,497 shares during the quarter. Belpointe Asset Management LLC’s holdings in SLB were worth $1,173,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC increased its stake in SLB by 21.4% in the 4th quarter. Brighton Jones LLC now owns 6,611 shares of the oil and gas company’s stock worth $253,000 after buying an additional 1,166 shares during the period. Bison Wealth LLC bought a new position in SLB in the 4th quarter worth about $238,000. Avior Wealth Management LLC increased its position in shares of SLB by 70.4% during the second quarter. Avior Wealth Management LLC now owns 8,905 shares of the oil and gas company’s stock worth $301,000 after acquiring an additional 3,678 shares during the period. GC Wealth Management RIA LLC bought a new stake in shares of SLB during the second quarter valued at approximately $280,000. Finally, Raleigh Capital Management Inc. raised its stake in shares of SLB by 156.2% during the second quarter. Raleigh Capital Management Inc. now owns 11,436 shares of the oil and gas company’s stock valued at $387,000 after acquiring an additional 6,972 shares in the last quarter. 81.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on SLB. Morgan Stanley reissued an “overweight” rating and issued a $50.00 price objective on shares of SLB in a research note on Wednesday, January 21st. Weiss Ratings restated a “hold (c-)” rating on shares of SLB in a research note on Wednesday, October 8th. TD Cowen lifted their price objective on SLB from $56.00 to $57.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Citigroup increased their target price on shares of SLB from $53.00 to $56.00 and gave the stock a “buy” rating in a report on Monday. Finally, BMO Capital Markets boosted their price target on shares of SLB from $53.00 to $55.00 and gave the company an “outperform” rating in a report on Monday. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $51.92.

SLB Stock Performance

Shares of SLB stock opened at $48.87 on Thursday. SLB Limited has a one year low of $31.11 and a one year high of $51.67. The company has a market capitalization of $73.07 billion, a PE ratio of 20.62, a P/E/G ratio of 3.43 and a beta of 0.72. 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 company has a 50-day simple moving average of $40.97 and a two-hundred day simple moving average of $36.98.

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

SLB Increases Dividend

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

Insider Activity

In related news, CAO Howard Guild sold 13,268 shares of the company’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $49.70, for a total transaction of $659,419.60. Following the transaction, the chief accounting officer directly owned 22,407 shares of the company’s stock, valued at $1,113,627.90. This represents a 37.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Peter John Coleman sold 5,500 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $35.82, for a total value of $197,010.00. Following the completion of the sale, the director directly owned 18,671 shares of the company’s stock, valued at approximately $668,795.22. This represents a 22.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 260,849 shares of company stock worth $11,668,003 over the last quarter. Company insiders own 0.22% of the company’s stock.

More SLB News

Here are the key news stories impacting SLB this week:

• Positive Sentiment: Multiple brokerages raised targets/ratings this week, supporting upside expectations (examples include Susquehanna’s boost to $58 and other bank notes showing constructive views). Susquehanna Boosts SLB Price Target
• Positive Sentiment: SLB won multi‑year supply contracts in Oman (wellheads and artificial lift) and additional Middle East work, reinforcing near‑term revenue visibility in the region. Business Wire: Oman Contracts
• Neutral Sentiment: Commentary pieces are re-evaluating SLB’s valuation and role in evolving energy markets — useful context for positioning but not an immediate catalyst. Yahoo: Is SLB Pricing Reflect Its Role?
• Neutral Sentiment: MarketWatch notes SLB has underperformed some peers recently despite intraday gains, which frames relative performance risk vs. other oilfield services names. MarketWatch: Underperformance vs Competitors
• Negative Sentiment: Significant coordinated insider selling occurred on Jan. 26 — including the CFO, EVP, CAO and multiple directors — amounting to multimillion‑dollar disposals; markets often interpret clustered insider sales as a near‑term negative signal. TipRanks: Coordinated Insider Selling
• Negative Sentiment: Individual SEC‑filed insider sales include EVP Abdellah Merad (~$2.98M), CAO Howard Guild (~$659K) and CFO Stéphane Biguet (>$3M) — these specific filings have been widely reported and are weighing on sentiment. Benzinga: Howard Guild Sale Benzinga: Abdellah Merad Sale
• Negative Sentiment: A Freedom Capital downgrade moved SLB to a “strong sell” designation, creating a direct negative research catalyst amid otherwise bullish analyst activity. Zacks / Freedom Capital Downgrade
• Negative Sentiment: SLB’s JV with Aker Carbon Capture reported a loss on a carbon‑capture project — this may temper near‑term enthusiasm for SLB’s energy‑transition growth narrative. Upstream: Loss on Carbon Capture Project

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.