Privium Fund Management B.V. Takes $677,000 Position in SLB Limited $SLB

Privium Fund Management B.V. purchased a new position in shares of SLB Limited (NYSE:SLB) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 19,697 shares of the oil and gas company’s stock, valued at approximately $677,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of SLB by 14.2% in the 2nd quarter. Vanguard Group Inc. now owns 150,317,566 shares of the oil and gas company’s stock valued at $5,080,734,000 after buying an additional 18,672,021 shares during the period. Franklin Resources Inc. raised its position in SLB by 30.4% in the second quarter. Franklin Resources Inc. now owns 20,233,749 shares of the oil and gas company’s stock worth $683,901,000 after acquiring an additional 4,719,852 shares in the last quarter. Norges Bank acquired a new stake in SLB in the second quarter valued at $618,697,000. Amundi boosted its position in shares of SLB by 29.9% during the 2nd quarter. Amundi now owns 11,415,740 shares of the oil and gas company’s stock worth $409,939,000 after purchasing an additional 2,624,679 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in shares of SLB by 1.2% during the 2nd quarter. Legal & General Group Plc now owns 9,681,754 shares of the oil and gas company’s stock worth $327,243,000 after purchasing an additional 114,190 shares during the period. Institutional investors and hedge funds own 81.99% of the company’s stock.

Insider Buying and Selling

In other SLB news, EVP Abdellah Merad sold 60,000 shares of the firm’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $49.70, for a total transaction of $2,982,000.00. Following the sale, the executive vice president directly owned 140,602 shares of the company’s stock, valued at $6,987,919.40. This trade represents a 29.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Howard Guild sold 13,268 shares of SLB 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 sale, the chief accounting officer owned 22,407 shares of the company’s stock, valued at approximately $1,113,627.90. This trade represents a 37.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 260,849 shares of company stock worth $11,668,003 in the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

SLB News Summary

Here are the key news stories impacting SLB this week:

• Positive Sentiment: SLB won two contracts from Petroleum Development Oman for operations in Block‑6 — a revenue and backlog positive, reinforcing international E&P service demand. SLB wins two contracts from PDO for Oman’s Block-6
• Positive Sentiment: Argus upgraded SLB, which can support near‑term buying interest and lift price targets or sentiment among momentum traders. SLB (NYSE:SLB) Upgraded at Argus
• Positive Sentiment: Analyst coverage remains broadly constructive: one roundup shows a consensus around a “Moderate Buy” and discussion of Wall Street expectations — that analyst sentiment and price targets can provide support. SLB Limited (NYSE:SLB) Given Consensus Recommendation of “Moderate Buy” by Analysts Are Wall Street Analysts Predicting SLB N.V. Stock Will Climb or Sink?
• Neutral Sentiment: SLB is a “trending” stock on Zacks (high investor interest), which can boost volume and volatility but doesn’t by itself change fundamentals. SLB Limited (SLB) Is a Trending Stock
• Negative Sentiment: Insider selling reported: a transaction totaling $921,541.50 was disclosed — investors often view sizable insider sales as a near‑term negative signal. Insider Selling: SLB (NYSE:SLB) Insider Sells $921,541.50 in Stock
• Negative Sentiment: Additional insider sale: SLB’s CAO sold $659,419.60 of stock, which may add selling pressure or raise governance questions for some investors. Insider Selling: SLB (NYSE:SLB) CAO Sells $659,419.60 in Stock
• Negative Sentiment: Stephane Biguet disclosed a sale of 61,017 shares — another insider disposition that investors may interpret as a negative near‑term signal even if for personal/liquidity reasons. Stephane Biguet Sells 61,017 Shares of SLB (NYSE:SLB) Stock
• Negative Sentiment: Freedom Capital cut SLB to “Strong Sell” — a boutique downgrade that can pressure sentiment among retail and technical traders even if larger sell‑side shops remain neutral/positive. SLB (NYSE:SLB) Cut to Strong Sell at Freedom Capital

SLB Trading Down 0.1%

Shares of SLB stock opened at $48.38 on Friday. SLB Limited has a 1 year low of $31.11 and a 1 year high of $51.67. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.33 and a quick ratio of 0.98. The business has a 50 day moving average price of $41.48 and a 200 day moving average price of $37.14. The company has a market capitalization of $72.34 billion, a P/E ratio of 20.41, a P/E/G ratio of 3.30 and a beta of 0.72.

SLB (NYSE:SLB) last released its quarterly earnings results on Friday, January 23rd. The oil and gas company reported $0.78 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $9.54 billion. During the same quarter last year, the business posted $0.92 earnings per share. SLB’s revenue was up 5.0% compared to the same quarter last year. Sell-side analysts anticipate that SLB Limited will post 3.38 EPS for the current fiscal year.

SLB Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Wednesday, February 11th will be paid a $0.295 dividend. This represents a $1.18 annualized dividend and a 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 dividend payout ratio is presently 48.10%.

Analyst Ratings Changes

A number of analysts recently commented on SLB shares. Argus raised shares of SLB to a “strong-buy” rating in a report on Monday, January 26th. Susquehanna lifted their price target on shares of SLB from $52.00 to $58.00 and gave the company a “positive” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. upped their price target on SLB from $43.00 to $54.00 and gave the stock an “overweight” rating in a report on Monday, January 26th. Sanford C. Bernstein lifted their price objective on SLB from $47.60 to $52.30 and gave the stock an “outperform” rating in a report on Thursday, December 11th. Finally, Piper Sandler boosted their target price on SLB from $42.00 to $45.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, SLB presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.92.

SLB 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.