Cambiar Investors LLC Sells 47,436 Shares of SLB Limited $SLB

Key Points

• Cambiar Investors LLC trimmed its stake in SLB by 3.4%, selling 47,436 shares and now holds 1,330,217 shares (about $51.05M), with SLB making up 2.3% of Cambiar’s portfolio.
• SLB beat Q4 expectations (EPS $0.78 vs. $0.74; revenue $9.75B, +5% YoY), raised its quarterly dividend to $0.295 (yield ~2.3%), and announced strategic wins—an HPHT subsea contract and the acquisition of HydraWell—that expand higher‑margin and decommissioning opportunities.
• Institutional investors own ~81.99% of SLB, insiders have been net sellers recently (about 156,902 shares sold in the last 90 days), and analyst sentiment is generally positive with a consensus target near $53.27 and several price‑target upgrades into the mid‑$50s.

Cambiar Investors LLC decreased its holdings in SLB Limited (NYSE:SLB - Free Report) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,330,217 shares of the oil and gas company's stock after selling 47,436 shares during the quarter. SLB makes up 2.3% of Cambiar Investors LLC's investment portfolio, making the stock its 17th biggest holding. Cambiar Investors LLC owned approximately 0.09% of SLB worth $51,054,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SLB. Choreo LLC boosted its position in SLB by 8.5% during the fourth quarter. Choreo LLC now owns 50,643 shares of the oil and gas company's stock valued at $1,952,000 after acquiring an additional 3,977 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in SLB by 3.1% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 337,493 shares of the oil and gas company's stock valued at $12,953,000 after acquiring an additional 10,071 shares during the last quarter. KG&L Capital Management LLC boosted its position in SLB by 46.9% during the fourth quarter. KG&L Capital Management LLC now owns 9,829 shares of the oil and gas company's stock valued at $377,000 after acquiring an additional 3,140 shares during the last quarter. Ritholtz Wealth Management boosted its position in SLB by 2.6% during the fourth quarter. Ritholtz Wealth Management now owns 77,820 shares of the oil and gas company's stock valued at $2,987,000 after acquiring an additional 1,939 shares during the last quarter. Finally, Diversify Advisory Services LLC boosted its position in SLB by 2.6% during the fourth quarter. Diversify Advisory Services LLC now owns 12,500 shares of the oil and gas company's stock valued at $480,000 after acquiring an additional 317 shares during the last quarter. Institutional investors own 81.99% of the company's stock.

Key Stories Impacting SLB

Here are the key news stories impacting SLB this week:

• Positive Sentiment: SLB OneSubsea won a contract to deliver a high‑pressure, high‑temperature (HPHT) multiphase boosting system for the Shenandoah deepwater field — a high‑value subsea award that should add backlog, reinforce SLB’s deepwater tech leadership and support higher‑margin service revenue. SLB OneSubsea secures subsea boosting deal for Shenandoah field
• Positive Sentiment: SLB completed its acquisition of Norway’s HydraWell Intervention AS, adding proprietary plug‑and‑abandonment and integrity remediation tech — expands SLB’s addressable market in well decommissioning and could improve long‑term service pricing and recurring revenue opportunities (article notes some investor debate around valuation). SLB HydraWell Deal Expands Well Decommissioning Role And Valuation Debate
• Positive Sentiment: SLB expanded its offshore footprint via partnerships and digital deals (including activity with PETRONAS, Subsea7 in Suriname and digital operations in Angola) — broadens regional exposure and digital service offerings that can drive higher utilization and recurring software/monitoring revenue. SLB Signs PETRONAS Subsea Deal, Expands Digital Operations in Angola
• Positive Sentiment: Coverage and investor interest: a Susquehanna analyst published a bullish note expecting SLB shares to rise, and inclusion/visibility via Russell 1000 ETF exposure may attract passive flows — both can support near‑term demand for the stock. SLB Stock Price Expected to Rise, Susquehanna Analyst Says Russell 1000 ETF Exposure
• Positive Sentiment: Corporate governance: shareholders strongly supported SLB’s 2026 annual meeting proposals — continuity for management strategy and capital allocation reduces execution risk. SLB Shareholders Strongly Support 2026 Annual Meeting Proposals
• Neutral Sentiment: Sector performance piece comparing Q4 results provides context on SLB versus peers — useful for benchmarking but not an immediate stock catalyst. Winners And Losers Of Q4: SLB Vs The Rest Of The Oilfield Services Stocks
• Negative Sentiment: Macro/headline risk: reports that a ceasefire in Iran pushed energy prices lower could weigh on oilfield activity and dayrates if sustained — a headwind for cyclical services demand even though some repair/maintenance opportunities may emerge. Iran’s Ceasefire Sends Energy Lower. Why Oil Services Stocks Are Holding Up.

SLB Price Performance

Shares of NYSE SLB opened at $51.97 on Friday. SLB Limited has a fifty-two week low of $31.64 and a fifty-two week high of $54.80. The stock has a market cap of $78.08 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 3.69 and a beta of 0.69. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.98 and a current ratio of 1.33. The firm's 50-day simple moving average is $49.72 and its 200 day simple moving average is $42.44.

SLB (NYSE:SLB - Get Free Report) last announced its quarterly earnings results on Friday, January 23rd. The oil and gas company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.04. SLB had a net margin of 9.45% and a return on equity of 17.45%. The business had revenue of $9.75 billion for the quarter, compared to analysts' expectations of $9.54 billion. During the same quarter last year, the firm earned $0.92 EPS. The firm's revenue for the quarter was up 5.0% compared to the same quarter last year. As a group, research analysts anticipate that SLB Limited will post 3.38 earnings per share for the current fiscal year.

SLB Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Wednesday, February 11th were given a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, February 11th. This is a positive change from SLB's previous quarterly dividend of $0.29. SLB's payout ratio is 49.79%.

Insiders Place Their Bets

In related news, Director La Chevardiere Patrick De sold 4,000 shares of the firm's stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $50.29, for a total value of $201,160.00. Following the transaction, the director owned 19,525 shares of the company's stock, valued at approximately $981,912.25. This trade represents a 17.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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. The trade was a 28.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 156,902 shares of company stock worth $7,796,666 in the last 90 days. Company insiders own 0.16% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. JPMorgan Chase & Co. upped their price target on shares of SLB from $43.00 to $54.00 and gave the company an "overweight" rating in a research report on Monday, January 26th. Wall Street Zen lowered shares of SLB from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Argus upgraded shares of SLB to a "strong-buy" rating in a report on Monday, January 26th. Sanford C. Bernstein upped their price objective on shares of SLB from $52.30 to $56.10 and gave the company an "outperform" rating in a report on Thursday, March 12th. Finally, Barclays upped their price objective on shares of SLB from $47.00 to $49.00 and gave the company an "overweight" rating in a report on Monday, January 26th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, SLB has a consensus rating of "Moderate Buy" and a consensus target price of $53.27.

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.

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