Rep. Lisa C. McClain Buys SLB Limited (NYSE:SLB) Shares

Representative Lisa C. McClain (R-Michigan) recently bought shares of SLB Limited (NYSE:SLB). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in SLB stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

Representative Lisa C. McClain also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

SLB Stock Down 0.6%

Shares of SLB stock traded down $0.22 during trading hours on Thursday, reaching $35.69. 9,752,845 shares of the company’s stock were exchanged, compared to its average volume of 16,340,871. SLB Limited has a fifty-two week low of $31.11 and a fifty-two week high of $44.66. The stock’s 50 day moving average is $35.10 and its 200-day moving average is $34.88. The company has a current ratio of 1.39, a quick ratio of 1.01 and a debt-to-equity ratio of 0.40. The company has a market cap of $53.31 billion, a price-to-earnings ratio of 13.78, a P/E/G ratio of 10.19 and a beta of 0.97.

SLB (NYSE:SLBGet Free Report) last posted its quarterly earnings data on Friday, October 17th. The oil and gas company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.02. SLB had a return on equity of 18.97% and a net margin of 10.34%.The firm had revenue of $8.93 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter last year, the firm earned $0.89 EPS. The business’s quarterly revenue was down 2.5% on a year-over-year basis. Analysts predict that SLB Limited will post 3.38 earnings per share for the current fiscal year.

SLB Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, December 3rd will be issued a $0.285 dividend. This represents a $1.14 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, December 3rd. SLB’s payout ratio is currently 44.02%.

Analysts Set New Price Targets

SLB has been the subject of several recent analyst reports. Zacks Research raised SLB from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. Barclays increased their price objective on shares of SLB from $46.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. UBS Group reissued a “buy” rating and set a $44.00 target price on shares of SLB in a research report on Tuesday, October 21st. JPMorgan Chase & Co. cut their price target on shares of SLB from $44.00 to $43.00 and set an “overweight” rating on the stock in a research note on Monday, October 20th. Finally, Rothschild Redb upgraded shares of SLB to a “strong-buy” rating in a research note on Monday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, SLB presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.28.

Check Out Our Latest Research Report on SLB

Insider Activity

In other SLB news, insider Dianne B. Ralston sold 39,727 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $36.08, for a total value of $1,433,350.16. Following the sale, the insider owned 202,201 shares in the company, valued at approximately $7,295,412.08. This represents a 16.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Stephane Biguet sold 38,447 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $36.75, for a total transaction of $1,412,927.25. Following the sale, the chief financial officer directly owned 175,690 shares in the company, valued at $6,456,607.50. The trade was a 17.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 138,174 shares of company stock valued at $5,107,677 in the last quarter. 0.22% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On SLB

Institutional investors have recently bought and sold shares of the business. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of SLB in the 2nd quarter valued at $25,000. Atlas Capital Advisors Inc. acquired a new position in SLB during the first quarter valued at $33,000. Root Financial Partners LLC purchased a new stake in SLB in the third quarter valued at $29,000. Atticus Wealth Management LLC acquired a new stake in SLB during the 2nd quarter worth about $29,000. Finally, Corsicana & Co. purchased a new position in shares of SLB during the 3rd quarter valued at about $31,000. 81.99% of the stock is owned by hedge funds and other institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About SLB

(Get Free Report)

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.

Further Reading

Receive News & Ratings for SLB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SLB and related companies with MarketBeat.com's FREE daily email newsletter.