SLB Limited $SLB Stock Holdings Lessened by Vision Capital Management Inc.

Posted by James Conley on Jul 2nd, 2026

Vision Capital Management Inc. reduced its stake in shares of SLB Limited (NYSE:SLB – Free Report) by 10.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 110,182 shares of the oil and gas company’s stock after selling 12,226 shares during the quarter. Vision Capital Management Inc.’s holdings in SLB were worth $5,662,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SLB. Norges Bank purchased a new stake in SLB in the 4th quarter worth approximately $809,557,000. Bank of New York Mellon Corp grew its holdings in shares of SLB by 64.4% during the 4th quarter. Bank of New York Mellon Corp now owns 15,696,831 shares of the oil and gas company’s stock valued at $602,444,000 after acquiring an additional 6,149,511 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of SLB by 50.6% in the fourth quarter. Wellington Management Group LLP now owns 16,635,566 shares of the oil and gas company’s stock worth $638,473,000 after acquiring an additional 5,589,585 shares during the last quarter. State Street Corp raised its holdings in shares of SLB by 7.0% during the third quarter. State Street Corp now owns 83,617,999 shares of the oil and gas company’s stock worth $2,898,037,000 after acquiring an additional 5,466,786 shares in the last quarter. Finally, Capital International Investors raised its holdings in shares of SLB by 86.9% during the fourth quarter. Capital International Investors now owns 11,627,072 shares of the oil and gas company’s stock worth $446,247,000 after acquiring an additional 5,404,948 shares in the last quarter. 81.99% of the stock is owned by hedge funds and other institutional investors.

SLB Price Performance

NYSE SLB opened at $45.12 on Thursday. SLB Limited has a fifty-two week low of $31.64 and a fifty-two week high of $58.82. The stock’s 50-day moving average is $53.85 and its two-hundred day moving average is $49.59. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.34 and a quick ratio of 0.98. The firm has a market cap of $67.46 billion, a P/E ratio of 19.70, a price-to-earnings-growth ratio of 1.87 and a beta of 0.73.

SLB (NYSE:SLB – Get Free Report) last released its quarterly earnings results on Saturday, April 25th. The oil and gas company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.01. The company had revenue of $8.72 billion during the quarter, compared to the consensus estimate of $8.76 billion. SLB had a return on equity of 15.54% and a net margin of 9.26%.The firm’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.72 EPS. On average, analysts anticipate that SLB Limited will post 2.62 earnings per share for the current fiscal year.

SLB Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Wednesday, June 3rd will be given a dividend of $0.295 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.18 dividend on an annualized basis and a yield of 2.6%. SLB’s dividend payout ratio is presently 51.53%.

Insider Activity at SLB

In other news, Director La Chevardiere Patrick De sold 2,000 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $54.33, for a total value of $108,660.00. Following the completion of the sale, the director directly owned 16,953 shares in the company, valued at approximately $921,056.49. The trade was a 10.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Steve Matthew Gassen sold 53,379 shares of the company’s stock in a transaction 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 represents a 52.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.16% of the company’s stock.

SLB News Summary

Here are the key news stories impacting SLB this week:

Positive Sentiment: SLB won a seven-year contract from Kuwait Oil Company under the Ahmadi Innovation Valley initiative, a deal that should support applied research, technology deployment and digital innovation work over a long period. SLB Awarded Seven-Year Contract Under Kuwait Oil Company’s Ahmadi Innovation Valley Initiative
Positive Sentiment: Industrial Realty Group said SLB expanded its long-term lease in Shreveport, showing continued operational growth and commitment to the site. IRG Expands Long-Term Lease with SLB in Shreveport, LA
Positive Sentiment: Citigroup lowered its price target to $63 from $68, but kept a Buy rating, signaling the stock still has meaningful upside from current levels. Benzinga report on Citigroup price target cut
Neutral Sentiment: Several commentary pieces argued SLB may be oversold after a sharp multi-week selloff, with analysts still revising earnings estimates higher; this could help support a rebound, but it is not a direct catalyst. Down 15.3% in 4 Weeks, Here’s Why You Should You Buy the Dip in SLB (SLB)
Neutral Sentiment: Multiple articles compared SLB with other stocks on valuation, which is generally more of a discussion topic than a direct stock-moving event. SLB vs. NPO: Which Stock Is the Better Value Option?
Negative Sentiment: News that a peace deal in Iran is pressuring oil prices is hurting the energy complex and contributing to weakness in SLB. This Energy Stock Tops My July Buy List
Negative Sentiment: One market note highlighted SLB’s recent weakness and said the stock continues to trade lower as broader market conditions and oil-related concerns remain in focus. SLB (SLB) Stock Sinks As Market Gains: Here’s Why

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. BMO Capital Markets boosted their target price on SLB from $55.00 to $63.00 and gave the company an “outperform” rating in a research note on Monday, April 27th. Stifel Nicolaus lifted their price target on SLB from $61.00 to $64.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Jefferies Financial Group restated a “buy” rating and issued a $65.00 price objective on shares of SLB in a report on Sunday, April 26th. The Goldman Sachs Group raised their price objective on shares of SLB from $53.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Finally, JPMorgan Chase & Co. lifted their target price on shares of SLB from $54.00 to $61.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, SLB has an average rating of “Moderate Buy” and an average price target of $60.17.

Check Out Our Latest Stock Report on SLB

About SLB

(Free Report)

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.