Pacific Ridge Capital Partners LLC Buys Shares of 42,443 Core Laboratories Inc. $CLB

Pacific Ridge Capital Partners LLC purchased a new position in shares of Core Laboratories Inc. (NYSE:CLB) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 42,443 shares of the oil and gas company’s stock, valued at approximately $525,000.

Several other institutional investors have also recently added to or reduced their stakes in CLB. Tower Research Capital LLC TRC boosted its stake in Core Laboratories by 400.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,333 shares of the oil and gas company’s stock valued at $84,000 after acquiring an additional 5,869 shares during the last quarter. Assetmark Inc. lifted its position in shares of Core Laboratories by 160.8% during the second quarter. Assetmark Inc. now owns 7,530 shares of the oil and gas company’s stock worth $87,000 after purchasing an additional 4,643 shares during the last quarter. MQS Management LLC acquired a new position in Core Laboratories in the third quarter worth about $160,000. AlphaQuest LLC grew its stake in Core Laboratories by 504.4% in the second quarter. AlphaQuest LLC now owns 16,071 shares of the oil and gas company’s stock worth $185,000 after purchasing an additional 13,412 shares in the last quarter. Finally, Brevan Howard Capital Management LP bought a new stake in Core Laboratories in the second quarter valued at about $189,000. 97.81% of the stock is owned by institutional investors and hedge funds.

Core Laboratories Stock Down 0.3%

CLB stock opened at $17.52 on Thursday. The stock has a market cap of $815.50 million, a PE ratio of 26.14, a price-to-earnings-growth ratio of 15.33 and a beta of 1.09. The firm’s 50-day simple moving average is $18.28 and its 200 day simple moving average is $15.16. Core Laboratories Inc. has a fifty-two week low of $9.72 and a fifty-two week high of $20.36. The company has a quick ratio of 1.57, a current ratio of 2.07 and a debt-to-equity ratio of 0.39.

Core Laboratories (NYSE:CLB) last posted its earnings results on Wednesday, February 4th. The oil and gas company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.20 by $0.01. Core Laboratories had a net margin of 6.04% and a return on equity of 12.09%. The firm had revenue of $138.26 million during the quarter, compared to analysts’ expectations of $130.40 million. During the same quarter in the prior year, the firm earned $0.22 EPS. Core Laboratories’s quarterly revenue was up 7.0% on a year-over-year basis. Core Laboratories has set its Q1 2026 guidance at 0.110-0.150 EPS. As a group, sell-side analysts predict that Core Laboratories Inc. will post 0.96 EPS for the current year.

Core Laboratories Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, February 16th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, February 13th. Core Laboratories’s dividend payout ratio (DPR) is currently 5.97%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Core Laboratories in a report on Monday, December 29th. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $12.50.

Core Laboratories Company Profile

Core Laboratories N.V. is a global provider of proprietary and patented reservoir description and production enhancement services to the oil and gas industry. The company applies specialized expertise in core and fluid analysis, advanced petrophysical interpretation, and reservoir engineering to optimize hydrocarbon recovery. By integrating laboratory testing with field services and digital analytics, Core Laboratories delivers insights that help operators maximize production and extend the life of their assets.

The company’s portfolio spans two primary service lines: reservoir description and production enhancement.