Live Oak Private Wealth LLC Sells 25,132 Shares of SLB Limited $SLB

Key Points

• Live Oak Private Wealth LLC trimmed its position in SLB by 11.2%, selling 25,132 shares in Q4 and retaining 199,909 shares valued at about $7.67 million.
• Insiders have been net sellers recently—156,902 shares were sold over the last three months (≈$7.8M), leaving insiders with just 0.16% ownership; notable sales included Dianne B. Ralston and CAO Howard Guild.
• Analysts are mildly bullish after several price‑target raises, with a consensus rating of Moderate Buy and an average target of $53.27; SLB also raised its quarterly dividend to $0.295 and has recent contract wins and the HydraWell acquisition supporting growth prospects.

Live Oak Private Wealth LLC lessened its position in shares of SLB Limited (NYSE:SLB - Free Report) by 11.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 199,909 shares of the oil and gas company's stock after selling 25,132 shares during the period. Live Oak Private Wealth LLC's holdings in SLB were worth $7,673,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Synergy Asset Management LLC raised its stake in SLB by 100.0% during 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 buying an additional 40,415 shares during the last quarter. Americana Partners LLC grew its holdings in 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 during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in 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 during the period. Nordea Investment Management AB grew its holdings in 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 during the period. Finally, Bank Pictet & Cie Europe AG grew its holdings in 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 during the period. Institutional investors own 81.99% of the company's stock.

Insider Activity

In other news, insider Dianne B. Ralston sold 18,617 shares of SLB stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $49.50, for a total transaction of $921,541.50. Following the completion of the transaction, the insider directly owned 224,097 shares in the company, valued at $11,092,801.50. This trade represents a 7.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Howard Guild sold 13,268 shares of SLB stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $49.70, for a total transaction of $659,419.60. Following the transaction, the chief accounting officer owned 22,407 shares of the company's stock, valued at $1,113,627.90. This represents a 37.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 Analyst Weigh In

SLB has been the subject of a number of research reports. Sanford C. Bernstein raised their price target on shares of SLB from $52.30 to $56.10 and gave the stock an "outperform" rating in a report on Thursday, March 12th. Susquehanna raised their price target on shares of SLB from $56.00 to $60.00 and gave the stock a "positive" rating in a report on Tuesday, April 7th. Bank of America raised their price target on shares of SLB from $50.00 to $55.00 and gave the stock a "buy" rating in a report on Monday, January 26th. Jefferies Financial Group raised their price target on shares of SLB from $51.00 to $58.00 and gave the stock a "buy" rating in a report on Sunday, February 1st. Finally, Citigroup raised their price target on shares of SLB from $53.00 to $56.00 and gave the stock a "buy" rating in a report on Monday, January 26th. Three investment 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $53.27.

SLB News Roundup

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 Stock Up 0.1%

Shares of NYSE SLB opened at $51.97 on Monday. The stock has a market capitalization of $78.08 billion, a P/E ratio of 21.93, a P/E/G ratio of 3.72 and a beta of 0.69. The company has a 50-day moving average price of $49.72 and a 200-day moving average price of $42.49. SLB Limited has a 1 year low of $31.64 and a 1 year high of $54.80. 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, January 23rd. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.74 by $0.04. The firm had revenue of $9.75 billion during the quarter, compared to analysts' expectations of $9.54 billion. SLB had a net margin of 9.45% and a return on equity of 17.45%. The business's revenue was up 5.0% on a year-over-year basis. During the same period last year, the company earned $0.92 earnings per share. On average, equities research analysts forecast that SLB Limited will post 3.38 EPS for the current fiscal year.

SLB Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Wednesday, February 11th were issued a dividend of $0.295 per share. This is an increase from SLB's previous quarterly dividend of $0.29. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Wednesday, February 11th. SLB's dividend payout ratio is 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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