Kercheville Advisors LLC Takes Position in SLB Limited $SLB

Key Points

• Kercheville Advisors LLC purchased a new stake of 34,000 shares in SLB during Q4, valued at about $1.305 million.
• Insiders have been net sellers recently — 156,902 shares sold over the past three months (including 18,617 by Dianne Ralston and 61,017 by CFO Stephane Biguet), totaling roughly $7.8 million and leaving insiders with about 0.16% ownership.
• SLB beat Q1 EPS expectations at $0.52 (vs. $0.51 est.) while revenue was slightly below forecasts at $8.72B, the company declared a $0.295 quarterly dividend (~2.1% yield), and analysts hold a MarketBeat consensus of "Moderate Buy" with an average price target of $54.27.

Kercheville Advisors LLC purchased a new stake in SLB Limited (NYSE:SLB - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 34,000 shares of the oil and gas company's stock, valued at approximately $1,305,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Synergy Asset Management LLC lifted its position in shares of SLB by 100.0% in the third quarter. Synergy Asset Management LLC now owns 80,830 shares of the oil and gas company's stock worth $2,732,000 after purchasing an additional 40,415 shares in the last quarter. Americana Partners LLC lifted its position in shares of SLB by 10.1% in the third quarter. Americana Partners LLC now owns 248,057 shares of the oil and gas company's stock worth $8,526,000 after purchasing an additional 22,706 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of SLB by 13.8% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 210,056 shares of the oil and gas company's stock worth $7,220,000 after purchasing an additional 25,417 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of SLB by 4.9% in the third quarter. Nordea Investment Management AB now owns 2,157,885 shares of the oil and gas company's stock worth $72,354,000 after purchasing an additional 100,918 shares in the last quarter. Finally, Bank Pictet & Cie Europe AG lifted its position in shares of SLB by 1,937.4% in the third quarter. Bank Pictet & Cie Europe AG now owns 996,948 shares of the oil and gas company's stock worth $34,265,000 after purchasing an additional 948,015 shares in the last quarter. Institutional investors and hedge funds own 81.99% of the company's stock.

Insider Buying and Selling

In other news, insider Dianne B. Ralston sold 18,617 shares of the stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $49.50, for a total value of $921,541.50. Following the transaction, the insider directly owned 224,097 shares of the company's stock, valued at $11,092,801.50. This represents a 7.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Stephane Biguet sold 61,017 shares of the 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 $7,730,735.60. The trade was a 28.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 156,902 shares of company stock valued at $7,796,666. 0.16% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on SLB shares. Morgan Stanley boosted their price objective on shares of SLB from $50.00 to $55.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 15th. Sanford C. Bernstein boosted their price objective on shares of SLB from $52.30 to $56.10 and gave the stock an "outperform" rating in a research report on Thursday, March 12th. Wall Street Zen lowered shares of SLB from a "buy" rating to a "hold" rating in a research report on Saturday, March 14th. Evercore set a $54.00 price objective on shares of SLB and gave the stock an "outperform" rating in a research report on Tuesday, January 6th. Finally, Weiss Ratings raised shares of SLB from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, SLB currently has a consensus rating of "Moderate Buy" and an average price target of $54.27.

SLB News Summary

Here are the key news stories impacting SLB this week:

• Positive Sentiment: SLB declared a quarterly dividend of $0.295 per share (annualized yield ~2.1%), with record/ex-dividend dates set — supports income investors and signals confidence in cash flow.
• Positive Sentiment: Company highlighted digital revenue growth and contributions from ChampionX, which helped Q1 results and underpins higher-margin service mix. SLB Q1 Earnings Beat on Digital Growth & ChampionX Contributions
• Positive Sentiment: SLB and peers say the Iran/region conflict is tightening supply and should push higher exploration and production spending — a potential multi-quarter demand tailwind for SLB’s services. SLB, Baker Hughes see oil exploration spending rising as Iran war disrupts supply
• Positive Sentiment: Market reports that SLB is seen as a potential acquirer of S&P Global’s subsurface oil software business — a strategic move that could expand software/digital recurring revenue (rumor-driven upside). SLB Seen Acquiring S&P Global’s Subsurface Oil Software Business
• Neutral Sentiment: Full Q1 earnings call transcript is available — useful for investors to assess management tone and any updated guidance. SLB N.V. (SLB) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: SLB filed an 8-K updating its regulatory approach — routine disclosure that may matter to institutional holders but is not an immediate earnings driver. Schlumberger Highlights Regulatory Approach in Latest 8-K Disclosure
• Negative Sentiment: Reported EPS was down year-over-year and some outlets note SLB missed the consensus cited by certain providers, with management calling it a “challenging start” as Middle East disruptions hit operations — this raises short-term outlook risk. Oilfield services provider SLB posts lower quarterly profit on Iran war hit
• Negative Sentiment: Headline coverage emphasized a Q1 profit decline and management caution, which initially pressured shares in some outlets despite the subsequent rally — highlights execution and regional-risk sensitivity. SLB Stock Tumbles on Earnings as CEO Cites ‘Challenging Start to the Year'

SLB Price Performance

Shares of SLB opened at $56.20 on Friday. The firm has a market capitalization of $84.44 billion, a PE ratio of 23.71, a PEG ratio of 3.76 and a beta of 0.69. The company's 50-day moving average is $50.27 and its 200-day moving average is $43.66. SLB Limited has a fifty-two week low of $31.64 and a fifty-two week high of $56.90. 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 - Get Free Report) last issued its quarterly earnings data on Friday, April 24th. The oil and gas company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.01. The company had revenue of $8.72 billion for the quarter, compared to analyst estimates of $8.76 billion. SLB had a net margin of 9.45% and a return on equity of 17.45%. The company's revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.72 earnings per share. Equities analysts forecast that SLB Limited will post 2.67 EPS for the current year.

SLB Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Wednesday, June 3rd will be given a $0.295 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.18 annualized dividend and a dividend yield of 2.1%. SLB's dividend payout ratio is presently 49.79%.

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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