Nabors Industries Ltd. $NBR Stock Holdings Increased by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in Nabors Industries Ltd. (NYSE:NBR) by 1.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 871,047 shares of the oil and gas company’s stock after buying an additional 13,424 shares during the period. Vanguard Group Inc. owned approximately 0.06% of Nabors Industries worth $47,298,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of NBR. CWM LLC raised its position in Nabors Industries by 244.6% during the third quarter. CWM LLC now owns 889 shares of the oil and gas company’s stock valued at $36,000 after buying an additional 631 shares during the period. Public Employees Retirement System of Ohio grew its position in Nabors Industries by 23.0% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,545 shares of the oil and gas company’s stock worth $63,000 after acquiring an additional 289 shares during the last quarter. Russell Investments Group Ltd. grew its position in Nabors Industries by 153.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 3,222 shares of the oil and gas company’s stock worth $132,000 after acquiring an additional 1,953 shares during the last quarter. Osaic Holdings Inc. boosted its position in Nabors Industries by 720.6% in the 2nd quarter. Osaic Holdings Inc. now owns 5,703 shares of the oil and gas company’s stock valued at $160,000 after buying an additional 5,008 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Nabors Industries in the 3rd quarter worth $207,000. 81.92% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on NBR. Barclays raised Nabors Industries from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $65.00 to $99.00 in a research note on Thursday, May 7th. Morgan Stanley restated an “overweight” rating and set a $100.00 price objective (up from $80.00) on shares of Nabors Industries in a report on Wednesday, April 15th. Wall Street Zen downgraded shares of Nabors Industries from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Citigroup boosted their price objective on shares of Nabors Industries from $89.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Finally, Weiss Ratings downgraded Nabors Industries from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 4th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $93.63.

Nabors Industries Stock Performance

Shares of Nabors Industries stock opened at $105.31 on Friday. The company has a current ratio of 1.97, a quick ratio of 1.82 and a debt-to-equity ratio of 2.22. The business has a 50-day moving average price of $86.82 and a two-hundred day moving average price of $68.96. Nabors Industries Ltd. has a 1-year low of $23.27 and a 1-year high of $105.86. The company has a market cap of $1.56 billion, a P/E ratio of 8.25 and a beta of 1.01.

Nabors Industries (NYSE:NBR) last issued its quarterly earnings results on Tuesday, April 28th. The oil and gas company reported ($1.54) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.49) by $0.95. The firm had revenue of $783.55 million during the quarter, compared to the consensus estimate of $769.33 million. Nabors Industries had a negative return on equity of 8.66% and a net margin of 7.32%.The business’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the business posted $2.18 EPS. As a group, analysts anticipate that Nabors Industries Ltd. will post -3.52 EPS for the current year.

Nabors Industries News Summary

Here are the key news stories impacting Nabors Industries this week:

• Positive Sentiment: Zacks Research raised its FY2026 earnings estimate for Nabors Industries to a smaller loss of ($5.19) per share from ($7.36), suggesting better expected profitability ahead.
• Positive Sentiment: The firm also improved its FY2027 estimate to ($2.47) per share from ($4.05), and FY2028 to $3.90 per share from $2.14, signaling a more bullish long-term outlook for Nabors. Nabors Industries research report
• Positive Sentiment: Nearer-term estimate revisions were also favorable, including higher forecasts for Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, which may indicate improving operating trends. Nabors Industries research report
• Positive Sentiment: A separate report said Nabors Industries’ price target was increased by 28.4% to $111.33, reinforcing the market’s more upbeat view of the stock. Price target increase article
• Neutral Sentiment: Another note said NBR shares moved above their 200-day moving average, a technical sign that can support sentiment but does not change fundamentals. Moving average article
• Neutral Sentiment: Analysts also maintained an average recommendation of “Hold”, which suggests the stock still has mixed Wall Street opinion despite the upward estimate revisions. Analyst recommendation article

About Nabors Industries

Nabors Industries Ltd. is a global oil and gas drilling contractor that provides land and offshore drilling rigs, drilling equipment and related services to energy companies around the world. The company’s operations span two core segments: drilling and evaluation, which includes land‐based and platform drilling rigs as well as wellbore survey services, and wellbore technologies, offering pressure control equipment, downhole tools and specialized maintenance services. Nabors’ integrated model combines rig operations with engineered products and field support, positioning it as a full‐service provider in the upstream sector.

The company maintains a diverse, modern fleet of automated and conventional drilling rigs and has pioneered advanced drilling technologies, including automated drilling controls and managed pressure drilling systems.