SLB (NYSE:SLB) Price Target Raised to $55.00

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 Ratings reports. BMO Capital Markets currently has an outperform rating on the oil and gas company’s stock.

A number of other analysts also recently issued reports on SLB. Piper Sandler lifted their price objective on SLB from $42.00 to $45.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Susquehanna boosted their price target on shares of SLB from $42.00 to $52.00 and gave the stock a “positive” rating in a research report on Wednesday, January 7th. Barclays upped their price target on shares of SLB from $47.00 to $49.00 and gave the company an “overweight” rating in a research note on Monday. Royal Bank Of Canada reissued an “outperform” rating and issued a $51.00 price objective on shares of SLB in a research note on Thursday, January 15th. Finally, Rothschild & Co Redburn assumed coverage on shares of SLB in a report on Monday, November 3rd. They issued a “buy” rating and a $48.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, SLB currently has a consensus rating of “Moderate Buy” and an average target price of $51.92.

SLB Stock Down 3.5%

SLB opened at $48.87 on Monday. The firm has a 50-day simple moving average of $40.97 and a two-hundred day simple moving average of $36.98. SLB has a 52 week low of $31.11 and a 52 week high of $51.67. The company has a market capitalization of $73.07 billion, a PE ratio of 20.62, a price-to-earnings-growth ratio of 3.43 and a beta of 0.72. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.36.

SLB (NYSE:SLB) last issued its earnings results 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 for 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%.The business’s revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.92 earnings per share. Analysts forecast that SLB will post 3.38 earnings per share for the current fiscal year.

SLB Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, February 11th will be issued a $0.295 dividend. This is a boost from SLB’s previous quarterly dividend of $0.29. The ex-dividend date is Wednesday, February 11th. This represents a $1.18 annualized dividend and a dividend yield of 2.4%. SLB’s dividend payout ratio (DPR) is 48.10%.

Insider Activity at SLB

In related news, Director Peter John Coleman sold 5,500 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were 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 in the company, valued at approximately $668,795.22. This represents a 22.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Stephane Biguet sold 61,017 shares of the firm’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 $3,032,544.90. Following the completion of the sale, the chief financial officer directly owned 155,548 shares of the company’s stock, valued at approximately $7,730,735.60. The trade was a 28.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 260,849 shares of company stock worth $11,668,003 in the last three months. 0.22% of the stock is owned by insiders.

Hedge Funds Weigh In On SLB

Several hedge funds have recently bought and sold shares of the business. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of SLB during the second quarter valued at $25,000. Root Financial Partners LLC bought a new stake in SLB during the 3rd quarter valued at about $29,000. Corsicana & Co. purchased a new stake in SLB in the 3rd quarter valued at about $31,000. Strengthening Families & Communities LLC bought a new position in SLB in the 3rd quarter worth about $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SLB during the fourth quarter worth approximately $31,000. Institutional investors own 81.99% of the company’s stock.

Key Headlines Impacting SLB

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.