Rep. Gilbert Ray Cisneros, Jr. Sells Schlumberger Limited (NYSE:SLB) Stock

Key Points

• Representative Gilbert Ray Cisneros, Jr. sold shares of Schlumberger Limited (NYSE:SLB) valued between $1,001 and $15,000 on August 5th, as disclosed in a filing on September 12th.
• The company recently reported $0.74 EPS for the quarter, slightly above analyst expectations, but its revenue was down 6.5% year-over-year.
• Schlumberger's quarterly dividend of $0.285 per share is set to be paid on October 9th, with an annualized dividend yield of 3.2%.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Schlumberger Limited (NYSE:SLB). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Schlumberger stock on August 5th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 9/2/2025.
• Sold $1,001 - $15,000 in shares of Chart Industries NYSE: GTLS on 9/2/2025.
• Purchased $1,001 - $15,000 in shares of Avient NYSE: AVNT on 9/2/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 8/27/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of Intapp NASDAQ: INTA on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of APi Group NYSE: APG on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of Waters NYSE: WAT on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 8/26/2025.
• Sold $1,001 - $15,000 in shares of Fortive NYSE: FTV on 8/26/2025.

Schlumberger Trading Down 0.8%

Schlumberger stock traded down $0.27 during mid-day trading on Friday, hitting $34.47. 33,102,000 shares of the company's stock were exchanged, compared to its average volume of 15,493,405. The firm has a market capitalization of $51.49 billion, a P/E ratio of 11.80, a PEG ratio of 9.56 and a beta of 1.05. Schlumberger Limited has a fifty-two week low of $31.11 and a fifty-two week high of $46.15. The company has a quick ratio of 0.98, a current ratio of 1.31 and a debt-to-equity ratio of 0.51. The company's 50 day simple moving average is $34.66 and its 200-day simple moving average is $35.57.

Schlumberger (NYSE:SLB - Get Free Report) last issued its quarterly earnings data on Friday, July 18th. The oil and gas company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.73 by $0.01. Schlumberger had a return on equity of 20.99% and a net margin of 11.53%.The business had revenue of $8.55 billion for the quarter, compared to the consensus estimate of $8.51 billion. During the same quarter last year, the business posted $0.85 EPS. The firm's revenue was down 6.5% compared to the same quarter last year. On average, equities analysts anticipate that Schlumberger Limited will post 3.38 earnings per share for the current year.

Schlumberger Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Wednesday, September 3rd will be paid a dividend of $0.285 per share. This represents a $1.14 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 3rd. Schlumberger's dividend payout ratio (DPR) is presently 39.04%.

Institutional Investors Weigh In On Schlumberger

A number of hedge funds and other institutional investors have recently made changes to their positions in SLB. Vident Advisory LLC boosted its holdings in Schlumberger by 1.0% during the 4th quarter. Vident Advisory LLC now owns 27,838 shares of the oil and gas company's stock valued at $1,067,000 after acquiring an additional 273 shares during the period. Glen Eagle Advisors LLC boosted its holdings in Schlumberger by 3.7% during the 4th quarter. Glen Eagle Advisors LLC now owns 7,843 shares of the oil and gas company's stock valued at $301,000 after acquiring an additional 282 shares during the period. Legacy Wealth Asset Management LLC boosted its holdings in Schlumberger by 2.2% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 14,382 shares of the oil and gas company's stock valued at $486,000 after acquiring an additional 308 shares during the period. EntryPoint Capital LLC boosted its holdings in Schlumberger by 4.5% during the 1st quarter. EntryPoint Capital LLC now owns 7,348 shares of the oil and gas company's stock valued at $307,000 after acquiring an additional 316 shares during the period. Finally, Heritage Wealth Management Inc. Texas boosted its holdings in Schlumberger by 2.2% during the 1st quarter. Heritage Wealth Management Inc. Texas now owns 14,736 shares of the oil and gas company's stock valued at $616,000 after acquiring an additional 318 shares during the period. 81.99% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Dianne B. Ralston sold 39,727 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $36.08, for a total transaction of $1,433,350.16. Following the completion of the sale, the insider directly owned 202,201 shares in the company, valued at $7,295,412.08. This represents a 16.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.22% of the stock is owned by corporate insiders.

Analyst Ratings Changes

SLB has been the subject of a number of research analyst reports. Stifel Nicolaus reduced their price target on Schlumberger from $54.00 to $52.00 and set a "buy" rating for the company in a report on Wednesday, July 16th. Melius initiated coverage on Schlumberger in a report on Wednesday, August 20th. They set a "buy" rating and a $82.00 price target for the company. Piper Sandler reduced their price objective on Schlumberger from $44.00 to $42.00 and set a "neutral" rating for the company in a report on Friday, July 18th. Zacks Research upgraded Schlumberger from a "strong sell" rating to a "hold" rating in a report on Monday, September 15th. Finally, Susquehanna reduced their price objective on Schlumberger from $44.00 to $42.00 and set a "positive" rating for the company in a report on Monday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $52.18.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Schlumberger

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.