Entropy Technologies LP Purchases Shares of 268,596 SLB Limited $SLB

Entropy Technologies LP purchased a new stake in SLB Limited (NYSE:SLB) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 268,596 shares of the oil and gas company’s stock, valued at approximately $9,232,000. SLB comprises 0.7% of Entropy Technologies LP’s investment portfolio, making the stock its 18th biggest position.

Other institutional investors have also recently modified their holdings of the company. Tocqueville Asset Management L.P. raised its holdings in shares of SLB by 174.3% in the third quarter. Tocqueville Asset Management L.P. now owns 47,212 shares of the oil and gas company’s stock worth $1,623,000 after acquiring an additional 30,000 shares during the last quarter. Invesco Ltd. boosted its stake in shares of SLB by 2.7% during the third quarter. Invesco Ltd. now owns 9,628,560 shares of the oil and gas company’s stock valued at $330,934,000 after acquiring an additional 251,912 shares during the last quarter. Sei Investments Co. increased its position in SLB by 14.2% during the 3rd quarter. Sei Investments Co. now owns 660,488 shares of the oil and gas company’s stock worth $22,700,000 after purchasing an additional 81,925 shares in the last quarter. KLCM Advisors Inc. increased its position in SLB by 28.5% during the 3rd quarter. KLCM Advisors Inc. now owns 13,167 shares of the oil and gas company’s stock worth $453,000 after purchasing an additional 2,920 shares in the last quarter. Finally, Magnetar Financial LLC raised its stake in SLB by 377.9% in the 3rd quarter. Magnetar Financial LLC now owns 66,708 shares of the oil and gas company’s stock valued at $2,293,000 after purchasing an additional 52,748 shares during the last quarter. 81.99% of the stock is currently owned by institutional investors and hedge funds.

Key SLB News

Here are the key news stories impacting SLB this week:

• Positive Sentiment: OneSubsea (SLB’s JV) won a new deepwater EPC contract from PTTEP Sabah Oil in Malaysia — the third similar award in about a year — which supports SLB’s backlog and its positioning in higher‑margin subsea projects. SLB OneSubsea wins PTTEP Sabah oil EPC contract in Malaysia
• Positive Sentiment: Sanford C. Bernstein raised its price target to $56.10 and maintained an “outperform” rating, signaling analyst confidence in upside to SLB shares. Benzinga
• Neutral Sentiment: Media/market pieces (Zacks, Yahoo) note rising investor attention and interest in SLB, which can boost trading flows but doesn’t change fundamentals by itself. SLB Limited (SLB) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Commentary pieces suggest traders are using options strategies to “buy the dip” in SLB — indicates tactical investor interest but not a change to company outlook. Buy the dip and hedge risk on this energy services stock, using options
• Negative Sentiment: SLB warned of near‑term disruption from escalating US‑Iran tensions: travel suspended, some demobilizations underway and crisis teams activated — this reduces visibility and risks revenue disruption in the region. SLB Provides Update on Middle East Operations and First-Quarter Outlook
• Negative Sentiment: SLB trimmed its near‑term outlook: management said Q1/2026 revenue will be softer than prior expectations and additional costs should reduce EPS by roughly $0.06–$0.09, weighing on short‑term earnings. Is Softer 2026 Guidance and New Deepwater Win Altering The Investment Case For SLB (SLB)?
• Negative Sentiment: Reports note SLB is curbing its Middle East presence amid the conflict, which could reduce near‑term activity and increase costs related to demobilization and redeployment. SLB curbs Middle East presence because of US-Iran war

Analyst Ratings Changes

Several research firms have issued reports on SLB. Freedom Capital cut shares of SLB from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 27th. Royal Bank Of Canada boosted their price objective on shares of SLB from $51.00 to $54.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. Morgan Stanley reissued an “overweight” rating and set a $50.00 price objective on shares of SLB in a research note on Wednesday, January 21st. JPMorgan Chase & Co. raised their target price on shares of SLB from $43.00 to $54.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. Finally, Bank of America boosted their price target on SLB from $50.00 to $55.00 and gave the company a “buy” rating in a report on Monday, January 26th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, SLB presently has an average rating of “Moderate Buy” and an average target price of $53.16.

Insider Buying and Selling at SLB

In related news, CAO Howard Guild sold 13,268 shares of the stock in a transaction on Monday, January 26th. The stock was sold at an average price of $49.70, for a total value of $659,419.60. Following the transaction, the chief accounting officer directly owned 22,407 shares of the company’s stock, valued at approximately $1,113,627.90. This trade represents a 37.19% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Abdellah Merad sold 60,000 shares of SLB stock in a transaction on Monday, January 26th. The shares were sold at an average price of $49.70, for a total value of $2,982,000.00. Following the completion of the transaction, the executive vice president owned 140,602 shares in the company, valued at $6,987,919.40. The trade was a 29.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 156,902 shares of company stock worth $7,796,666. 0.16% of the stock is currently owned by company insiders.

SLB Trading Down 7.6%

Shares of SLB stock opened at $44.50 on Friday. The firm’s 50-day simple moving average is $48.43 and its 200-day simple moving average is $40.34. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.33 and a quick ratio of 0.98. SLB Limited has a 1-year low of $31.11 and a 1-year high of $52.45. The firm has a market cap of $66.86 billion, a P/E ratio of 18.78, a PEG ratio of 3.28 and a beta of 0.68.

SLB (NYSE:SLB) last released its earnings results on Friday, January 23rd. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. SLB had a net margin of 9.45% and a return on equity of 17.45%. The firm had revenue of $9.75 billion during the quarter, compared to the consensus estimate of $9.54 billion. During the same period in the previous year, the firm earned $0.92 earnings per share. SLB’s revenue was up 5.0% compared to the same quarter last year. As a group, equities analysts forecast that SLB Limited will post 3.38 EPS for the current year.

SLB Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, February 11th will be paid a dividend of $0.295 per share. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $1.18 annualized dividend and a dividend yield of 2.7%. This is a boost from SLB’s previous quarterly dividend of $0.29. SLB’s dividend payout ratio is presently 49.79%.

SLB Profile

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.