SLB Limited $SLB Shares Acquired by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp increased its holdings in shares of SLB Limited (NYSE:SLB) by 441.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,122 shares of the oil and gas company’s stock after purchasing an additional 18,039 shares during the period. Atlantic Union Bankshares Corp’s holdings in SLB were worth $760,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SLB. Brighton Jones LLC raised its stake in SLB by 21.4% during the 4th quarter. Brighton Jones LLC now owns 6,611 shares of the oil and gas company’s stock valued at $253,000 after acquiring an additional 1,166 shares during the last quarter. Bison Wealth LLC purchased a new stake in shares of SLB during the fourth quarter worth approximately $238,000. Ameritas Advisory Services LLC lifted its holdings in shares of SLB by 22.5% during the second quarter. Ameritas Advisory Services LLC now owns 7,367 shares of the oil and gas company’s stock worth $249,000 after purchasing an additional 1,355 shares during the period. Tyche Wealth Partners LLC lifted its holdings in shares of SLB by 19.0% during the second quarter. Tyche Wealth Partners LLC now owns 9,306 shares of the oil and gas company’s stock worth $315,000 after purchasing an additional 1,488 shares during the period. Finally, KLP Kapitalforvaltning AS grew its position in SLB by 13.4% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 656,326 shares of the oil and gas company’s stock valued at $22,352,000 after buying an additional 77,400 shares during the last quarter. 81.99% of the stock is currently owned by institutional investors and hedge funds.

SLB Stock Performance

SLB opened at $51.33 on Thursday. SLB Limited has a 1-year low of $31.11 and a 1-year high of $51.67. The stock has a market cap of $76.76 billion, a P/E ratio of 21.66, a P/E/G ratio of 3.38 and a beta of 0.73. The stock’s 50 day simple moving average is $42.31 and its 200 day simple moving average is $37.48. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.33 and a quick ratio of 0.98.

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 the consensus estimate of $0.74 by $0.04. The firm had revenue of $9.75 billion during the quarter, compared to analysts’ expectations of $9.54 billion. SLB had a return on equity of 17.45% and a net margin of 9.45%.SLB’s revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 earnings per share. As a group, equities analysts anticipate 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. Investors of record on Wednesday, February 11th will be given a $0.295 dividend. The ex-dividend date is Wednesday, February 11th. This represents a $1.18 annualized dividend and a dividend yield of 2.3%. This is a boost from SLB’s previous quarterly dividend of $0.29. SLB’s payout ratio is presently 48.10%.

Insider Transactions at SLB

In other SLB news, CFO Stephane Biguet sold 61,017 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 $3,032,544.90. Following the completion of the transaction, the chief financial officer directly owned 155,548 shares in the company, valued at approximately $7,730,735.60. This trade represents a 28.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Abdellah Merad sold 60,000 shares of the company’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 completion of the sale, the executive vice president directly owned 140,602 shares in the company, valued at $6,987,919.40. This trade represents a 29.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 260,849 shares of company stock worth $11,668,003 in the last 90 days. Insiders own 0.22% of the company’s stock.

Key SLB News

Here are the key news stories impacting SLB this week:

• Positive Sentiment: Won a major $1.5 billion, five‑year integrated development contract for Kuwait’s Mutriba field — SLB will provide design, development and production management for a technically demanding, high‑pressure/high‑temperature reservoir. The deal adds meaningful multi‑year backlog, strengthens SLB’s Middle East foothold and improves revenue visibility. SLB Awarded Integrated Development Contract for Mutriba Field in Kuwait
• Positive Sentiment: Jefferies raised its price target on SLB to $58 (from $51) and kept a Buy rating, citing attractive valuation and upside from market catch‑up — this institutional upgrade supports further analyst‑led buying. Jefferies Raises SLB (SLB) PT to $58 on Attractive Valuation, Market Upside
• Positive Sentiment: Additional analyst/upside notes surfaced today (price‑target lift reported to ~$54.97 in some outlets), reinforcing the view that consensus estimates and multiple expansion could support the stock. SLB NV (SLB) price target increased by 14.44% to 54.97
• Positive Sentiment: Retail sentiment boost: Jim Cramer flagged a “very positive outlook” after SLB’s recent report, which can drive short‑term retail inflows and attention. Jim Cramer on SLB: “Very Positive Outlook When They Reported Recently”
• Neutral Sentiment: Options market activity picked up recently (increased interest and positioning), which can amplify intraday moves but doesn’t change fundamentals — watch for elevated implied volatility and skew that may affect short‑term price action. Unpacking the Latest Options Trading Trends in SLB

Analyst Ratings Changes

Several analysts have recently commented on SLB shares. Bank of America raised their target price on shares of SLB from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Freedom Capital cut shares of SLB from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 27th. Citigroup lifted their price objective on SLB from $53.00 to $56.00 and gave the company a “buy” rating in a report on Monday, January 26th. Argus raised SLB to a “strong-buy” rating in a research note on Monday, January 26th. Finally, Evercore ISI set a $54.00 price target on SLB and gave the company an “outperform” rating in a report on Tuesday, January 6th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.17.

About SLB

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.