Representative Lisa C. McClain (R-Michigan) recently bought shares of Schlumberger Limited NYSE: SLB. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Schlumberger stock on July 16th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
- Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.
Schlumberger Stock Performance
Schlumberger stock traded down $0.25 during midday trading on Friday, reaching $32.97. 10,418,379 shares of the company's stock were exchanged, compared to its average volume of 16,395,273. Schlumberger Limited has a 52 week low of $31.11 and a 52 week high of $46.16. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.98 and a current ratio of 1.31. The firm has a market cap of $44.55 billion, a price-to-earnings ratio of 11.29, a P/E/G ratio of 9.31 and a beta of 1.03. The stock's 50-day simple moving average is $34.69 and its 200 day simple moving average is $36.65.
Schlumberger (NYSE:SLB - Get Free Report) last issued its quarterly earnings data on Friday, July 18th. The oil and gas company reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.01. Schlumberger had a return on equity of 20.99% and a net margin of 11.53%. The company had revenue of $8.55 billion during the quarter, compared to analysts' expectations of $8.51 billion. During the same quarter in the previous year, the company posted $0.85 earnings per share. The business's revenue was down 6.5% on a year-over-year basis. On average, analysts expect that Schlumberger Limited will post 3.38 earnings per share for the current fiscal year.
Schlumberger Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Wednesday, September 3rd will be issued a dividend of $0.285 per share. The ex-dividend date is Wednesday, September 3rd. This represents a $1.14 dividend on an annualized basis and a yield of 3.5%. Schlumberger's dividend payout ratio (DPR) is presently 39.04%.
Institutional Trading of Schlumberger
Institutional investors have recently modified their holdings of the business. First Command Advisory Services Inc. lifted its holdings in Schlumberger by 300.0% in the first quarter. First Command Advisory Services Inc. now owns 636 shares of the oil and gas company's stock valued at $27,000 after buying an additional 477 shares during the period. Twin Peaks Wealth Advisors LLC bought a new stake in Schlumberger in the 2nd quarter worth about $25,000. Atlas Capital Advisors Inc. bought a new stake in Schlumberger in the 1st quarter worth about $33,000. Alpine Bank Wealth Management bought a new position in shares of Schlumberger during the 1st quarter valued at approximately $34,000. Finally, Atticus Wealth Management LLC purchased a new stake in Schlumberger in the second quarter worth $29,000. Institutional investors own 81.99% of the company's stock.
Insiders Place Their Bets
In other Schlumberger news, Director La Chevardiere Patrick De sold 5,000 shares of the business's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $33.58, for a total transaction of $167,900.00. Following the sale, the director owned 23,525 shares of the company's stock, valued at $789,969.50. The trade was a 17.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.26% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Several research analysts have commented on SLB shares. Atb Cap Markets upgraded shares of Schlumberger from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 1st. Barclays lowered their price target on Schlumberger from $47.00 to $46.00 and set an "overweight" rating for the company in a report on Monday, July 21st. Jefferies Financial Group dropped their price objective on Schlumberger from $54.00 to $53.00 and set a "buy" rating for the company in a research report on Thursday, June 26th. Morgan Stanley dropped their price objective on Schlumberger from $50.00 to $45.00 and set an "overweight" rating for the company in a research report on Friday, May 16th. Finally, Wells Fargo & Company downgraded Schlumberger from a "strong-buy" rating to a "hold" rating in a research report on Sunday, July 20th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Schlumberger presently has a consensus rating of "Moderate Buy" and an average price target of $49.28.
Read Our Latest Stock Report on SLB
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
Schlumberger Company Profile
(
Get Free Report)
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.
See Also
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