Vanguard Group Inc. Has $7.16 Billion Holdings in SLB Limited $SLB

Key Points

• Vanguard Group increased its position in SLB by 0.6%, holding 186,455,878 shares (about 12.47% of the company) valued at roughly $7.16 billion; institutional investors own about 81.99% of the stock.
• Q1 results showed EPS of $0.52 (beat by $0.01) on $8.72B revenue while EPS was down year-over-year and management called it a "challenging start" due to Middle East disruptions; SLB also declared a quarterly dividend of $0.295 per share (~2.1% yield).
• Analyst sentiment is broadly positive with a consensus "Moderate Buy" and a $54.64 average price target, and potential upside drivers include digital revenue growth, ChampionX contributions and a rumored acquisition of S&P Global’s subsurface software business, while regional tensions could boost E&P spending.

Vanguard Group Inc. raised its position in SLB Limited (NYSE:SLB - Free Report) by 0.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 186,455,878 shares of the oil and gas company's stock after purchasing an additional 1,080,999 shares during the period. Vanguard Group Inc. owned 12.47% of SLB worth $7,156,177,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC acquired a new stake in shares of SLB during the third quarter worth $29,000. Strengthening Families & Communities LLC acquired a new position in SLB in the third quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SLB during the fourth quarter valued at $31,000. Steph & Co. grew its holdings in SLB by 97.5% during the 4th quarter. Steph & Co. now owns 798 shares of the oil and gas company's stock worth $31,000 after acquiring an additional 394 shares during the period. Finally, Eagle Bay Advisors LLC acquired a new stake in SLB during the 4th quarter worth about $34,000. 81.99% of the stock is owned by institutional investors.

Key Stories Impacting SLB

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'

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SLB. Barclays boosted their price objective on SLB from $47.00 to $49.00 and gave the company an "overweight" rating in a research note on Monday, January 26th. Wall Street Zen downgraded SLB from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Citigroup boosted their price target on SLB from $53.00 to $56.00 and gave the company a "buy" rating in a research note on Monday, January 26th. Morgan Stanley increased their price target on SLB from $50.00 to $55.00 and gave the stock an "overweight" rating in a report on Wednesday, April 15th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a $65.00 price objective on shares of SLB in a research report on Sunday. Three equities research 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 issued a Sell rating to the company. Based on data from MarketBeat.com, SLB has an average rating of "Moderate Buy" and a consensus price target of $54.64.

SLB Price Performance

Shares of SLB opened at $56.20 on Monday. The business's fifty day moving average is $50.27 and its 200 day moving average is $43.79. SLB Limited has a 12-month low of $31.64 and a 12-month high of $56.90. The company has a quick ratio of 0.98, a current ratio of 1.34 and a debt-to-equity ratio of 0.35. The stock has a market cap of $84.44 billion, a P/E ratio of 24.54, a P/E/G ratio of 3.85 and a beta of 0.69.

SLB (NYSE:SLB - Get Free Report) last announced its quarterly earnings results on Friday, April 24th. The oil and gas company reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.01. SLB had a net margin of 9.26% and a return on equity of 15.54%. The business had revenue of $8.72 billion during the quarter, compared to analyst estimates of $8.76 billion. During the same quarter in the previous year, the business posted $0.72 EPS. SLB's quarterly revenue was up 2.7% on a year-over-year basis. Sell-side analysts anticipate that SLB Limited will post 2.67 earnings per share for the current fiscal year.

SLB Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Wednesday, June 3rd will be given a dividend of $0.295 per share. 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 payout ratio is presently 51.53%.

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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