Representative Lisa C. McClain (R-Michigan) recently bought shares of Schlumberger Limited (NYSE:SLB). In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Schlumberger stock on July 16th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Autoliv (NYSE:ALV) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of XPO (NYSE:XPO) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of Lithia Motors (NYSE:LAD) on 7/22/2025.
- Sold $1,001 – $15,000 in shares of Sanofi (NASDAQ:SNY) on 7/22/2025.
- Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of Group 1 Automotive (NYSE:GPI) on 7/22/2025.
Schlumberger Stock Down 0.8%
SLB opened at $32.97 on Monday. The company has a market cap of $44.55 billion, a P/E ratio of 11.29, a P/E/G ratio of 9.15 and a beta of 1.03. The business’s 50-day moving average price is $34.67 and its 200-day moving average price is $36.54. The company has a current ratio of 1.31, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51. Schlumberger Limited has a 12 month low of $31.11 and a 12 month high of $46.16.
Schlumberger Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Wednesday, September 3rd will be given a dividend of $0.285 per share. The ex-dividend date is Wednesday, September 3rd. This represents a $1.14 dividend on an annualized basis and a yield of 3.5%. Schlumberger’s dividend payout ratio (DPR) is presently 39.04%.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on SLB shares. Stifel Nicolaus reduced their price target on Schlumberger from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Wednesday, July 16th. JPMorgan Chase & Co. cut their price objective on Schlumberger from $46.00 to $44.00 and set an “overweight” rating on the stock in a research report on Monday, June 30th. Wells Fargo & Company cut Schlumberger from a “strong-buy” rating to a “hold” rating in a research report on Sunday, July 20th. Barclays cut their price objective on Schlumberger from $47.00 to $46.00 and set an “overweight” rating on the stock in a research report on Monday, July 21st. Finally, Atb Cap Markets raised Schlumberger from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 1st. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Schlumberger currently has a consensus rating of “Moderate Buy” and an average price target of $49.28.
Read Our Latest Stock Report on Schlumberger
Institutional Trading of Schlumberger
Several institutional investors have recently added to or reduced their stakes in the company. First Command Advisory Services Inc. increased its position in shares of Schlumberger by 300.0% during the first quarter. First Command Advisory Services Inc. now owns 636 shares of the oil and gas company’s stock worth $27,000 after acquiring an additional 477 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in Schlumberger during the second quarter valued at approximately $25,000. Atlas Capital Advisors Inc. purchased a new position in Schlumberger during the first quarter valued at approximately $33,000. Alpine Bank Wealth Management purchased a new position in Schlumberger during the first quarter valued at approximately $34,000. Finally, Atticus Wealth Management LLC purchased a new position in Schlumberger during the second quarter valued at approximately $29,000. Institutional investors own 81.99% of the company’s stock.
Insider Transactions at Schlumberger
In related news, Director La Chevardiere Patrick De sold 5,000 shares of Schlumberger stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $33.58, for a total transaction of $167,900.00. Following the transaction, the director directly owned 23,525 shares of the company’s stock, valued at $789,969.50. This trade represents a 17.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.26% of the stock is currently owned by insiders.
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 Schlumberger
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.
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