Atb Cap Markets Comments on NOV Inc.'s Q2 2025 Earnings (NYSE:NOV)

NOV Inc. (NYSE:NOV - Free Report) - Equities research analysts at Atb Cap Markets lowered their Q2 2025 earnings estimates for shares of NOV in a report released on Tuesday, April 30th. Atb Cap Markets analyst W. Syed now anticipates that the oil and gas exploration company will post earnings per share of $0.40 for the quarter, down from their prior estimate of $0.42. The consensus estimate for NOV's current full-year earnings is $1.54 per share. Atb Cap Markets also issued estimates for NOV's Q4 2025 earnings at $0.62 EPS, FY2025 earnings at $1.86 EPS and FY2026 earnings at $2.31 EPS.

A number of other research analysts also recently issued reports on NOV. Raymond James dropped their price target on shares of NOV from $28.00 to $25.00 and set an "outperform" rating on the stock in a research report on Monday, February 5th. StockNews.com upgraded shares of NOV from a "sell" rating to a "hold" rating in a research note on Wednesday, January 31st. Piper Sandler decreased their price target on shares of NOV from $25.00 to $22.00 and set a "neutral" rating for the company in a research note on Tuesday, February 20th. Susquehanna restated a "positive" rating and set a $26.00 price target on shares of NOV in a research note on Monday, April 8th. Finally, Stifel Nicolaus decreased their price target on shares of NOV from $28.00 to $26.00 and set a "buy" rating for the company in a research note on Monday, February 5th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $24.07.

NOV Trading Down 0.1 %

NYSE:NOV traded down $0.02 during mid-day trading on Friday, hitting $18.54. 2,100,968 shares of the company's stock were exchanged, compared to its average volume of 4,296,799. The company has a 50 day simple moving average of $18.71 and a 200-day simple moving average of $19.12. The company has a current ratio of 2.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.28. NOV has a fifty-two week low of $14.05 and a fifty-two week high of $21.91. The firm has a market capitalization of $7.33 billion, a P/E ratio of 7.45, a PEG ratio of 0.79 and a beta of 1.74.

NOV (NYSE:NOV - Get Free Report) last posted its quarterly earnings results on Thursday, April 25th. The oil and gas exploration company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.03. NOV had a net margin of 11.23% and a return on equity of 10.21%. The company had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same period last year, the company posted $0.32 EPS. The firm's quarterly revenue was up 9.8% compared to the same quarter last year.

Institutional Trading of NOV

Several hedge funds have recently modified their holdings of the company. Pzena Investment Management LLC increased its holdings in shares of NOV by 12.7% in the first quarter. Pzena Investment Management LLC now owns 35,072,648 shares of the oil and gas exploration company's stock valued at $684,618,000 after purchasing an additional 3,946,504 shares during the period. FMR LLC boosted its position in NOV by 30.9% during the third quarter. FMR LLC now owns 18,514,921 shares of the oil and gas exploration company's stock worth $386,962,000 after purchasing an additional 4,369,540 shares in the last quarter. Balyasny Asset Management L.P. boosted its position in NOV by 769.1% during the fourth quarter. Balyasny Asset Management L.P. now owns 6,166,061 shares of the oil and gas exploration company's stock worth $125,048,000 after purchasing an additional 5,456,581 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of NOV by 4.2% in the fourth quarter. Van ECK Associates Corp now owns 5,687,556 shares of the oil and gas exploration company's stock valued at $115,343,000 after acquiring an additional 231,464 shares in the last quarter. Finally, Earnest Partners LLC lifted its position in shares of NOV by 4.5% in the third quarter. Earnest Partners LLC now owns 4,143,782 shares of the oil and gas exploration company's stock valued at $86,605,000 after acquiring an additional 178,375 shares in the last quarter. 93.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at NOV

In related news, CAO Christy Lynn Novak sold 3,500 shares of the business's stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $17.43, for a total value of $61,005.00. Following the completion of the transaction, the chief accounting officer now owns 114,212 shares of the company's stock, valued at $1,990,715.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.85% of the company's stock.

NOV Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date was Wednesday, March 13th. NOV's dividend payout ratio (DPR) is presently 8.03%.

About NOV

NOV Inc designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.