Weekly Investment Analysts’ Ratings Changes for SLB (SLB)

SLB (NYSE: SLB) recently received a number of ratings updates from brokerages and research firms:

• 7/10/2026 – SLB had its price target lowered by Raymond James Financial, Inc. from $62.00 to $61.00. They now have an “outperform” rating on the stock.
• 7/8/2026 – SLB is now covered by Wolfe Research. They set an “outperform” rating and a $62.00 price target on the stock.
• 7/8/2026 – SLB had its price target lowered by Susquehanna from $65.00 to $55.00. They now have a “positive” rating on the stock.
• 7/1/2026 – SLB had its price target lowered by UBS Group AG from $69.00 to $66.00. They now have a “buy” rating on the stock.
• 7/1/2026 – SLB had its price target lowered by UBS Group AG from $69.00 to $66.00. They now have a “buy” rating on the stock.
• 7/1/2026 – SLB had its price target lowered by TD Cowen from $66.00 to $62.00. They now have a “buy” rating on the stock.
• 7/1/2026 – SLB had its price target lowered by Citigroup Inc. from $68.00 to $63.00. They now have a “buy” rating on the stock.
• 6/18/2026 – SLB had its price target raised by Stifel Nicolaus from $61.00 to $64.00. They now have a “buy” rating on the stock.
• 6/16/2026 – SLB had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $61.00 price target on the stock.

SLB Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Wednesday, June 3rd were issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Wednesday, June 3rd. SLB’s dividend payout ratio (DPR) is presently 51.53%.

Insider Transactions at SLB

In other SLB news, Director La Chevardiere Patrick De sold 2,000 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $54.33, for a total transaction of $108,660.00. Following the transaction, the director directly owned 16,953 shares in the company, valued at approximately $921,056.49. This represents a 10.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Steve Matthew Gassen sold 53,379 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $56.18, for a total transaction of $2,998,832.22. Following the sale, the executive vice president directly owned 47,421 shares of the company’s stock, valued at approximately $2,664,111.78. This trade represents a 52.96% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.16% of the company’s stock.

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.