Recent Research Analysts’ Ratings Changes for Schlumberger (SLB)

A number of research firms have changed their ratings and price targets for Schlumberger (NYSE: SLB):

• 4/29/2025 – Schlumberger had its price target lowered by analysts at Piper Sandler from $46.00 to $44.00. They now have a “neutral” rating on the stock.
• 4/28/2025 – Schlumberger had its price target lowered by analysts at Susquehanna from $48.00 to $46.00. They now have a “positive” rating on the stock.
• 4/28/2025 – Schlumberger had its price target lowered by analysts at Stifel Nicolaus from $58.00 to $54.00. They now have a “buy” rating on the stock.
• 4/25/2025 – Schlumberger had its price target lowered by analysts at Barclays PLC from $53.00 to $48.00. They now have an “overweight” rating on the stock.
• 4/15/2025 – Schlumberger had its price target lowered by analysts at Stifel Nicolaus from $59.00 to $58.00. They now have a “buy” rating on the stock.
• 4/14/2025 – Schlumberger had its price target lowered by analysts at Susquehanna from $55.00 to $48.00. They now have a “positive” rating on the stock.
• 4/8/2025 – Schlumberger was upgraded by analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating. They now have a $44.00 price target on the stock, down previously from $46.00.
• 3/31/2025 – Schlumberger had its price target lowered by analysts at Barclays PLC from $54.00 to $53.00. They now have an “overweight” rating on the stock.
• 3/27/2025 – Schlumberger had its price target lowered by analysts at Jefferies Financial Group Inc. from $60.00 to $59.00. They now have a “buy” rating on the stock.

Schlumberger Price Performance

SLB stock traded up $1.33 during midday trading on Monday, reaching $35.88. The stock had a trading volume of 5,867,101 shares, compared to its average volume of 13,401,166. The company’s fifty day simple moving average is $37.18 and its 200 day simple moving average is $39.73. The company has a current ratio of 1.45, a quick ratio of 1.11 and a debt-to-equity ratio of 0.49. The company has a market cap of $48.80 billion, a price-to-earnings ratio of 11.54, a price-to-earnings-growth ratio of 10.10 and a beta of 1.06. Schlumberger Limited has a 52-week low of $31.11 and a 52-week high of $50.94.

Schlumberger (NYSE:SLB) last issued its quarterly earnings data on Friday, April 25th. The oil and gas company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.01). The company had revenue of $8.49 billion for the quarter, compared to analysts’ expectations of $8.64 billion. Schlumberger had a return on equity of 21.90% and a net margin of 12.29%. The firm’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.75 EPS. As a group, sell-side analysts predict that Schlumberger Limited will post 3.38 earnings per share for the current fiscal year.

Schlumberger Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Wednesday, June 4th will be given a $0.285 dividend. The ex-dividend date is Wednesday, June 4th. This represents a $1.14 annualized dividend and a dividend yield of 3.18%. Schlumberger’s payout ratio is 38.64%.

Insider Activity at Schlumberger

In other Schlumberger news, insider Aparna Raman sold 25,133 shares of the company’s stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $42.28, for a total value of $1,062,623.24. Following the transaction, the insider now directly owns 31,031 shares of the company’s stock, valued at $1,311,990.68. This represents a 44.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Gavin Rennick sold 26,990 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $40.92, for a total value of $1,104,430.80. Following the completion of the transaction, the insider now directly owns 53,584 shares in the company, valued at $2,192,657.28. The trade was a 33.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

Hedge Funds Weigh In On Schlumberger

Several large investors have recently made changes to their positions in SLB. Charles Schwab Investment Management Inc. boosted its holdings in Schlumberger by 478.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 47,719,476 shares of the oil and gas company’s stock worth $1,994,674,000 after buying an additional 39,474,501 shares during the last quarter. Norges Bank acquired a new position in shares of Schlumberger in the 4th quarter valued at $735,398,000. Pacer Advisors Inc. lifted its holdings in Schlumberger by 12,289.6% during the fourth quarter. Pacer Advisors Inc. now owns 13,043,359 shares of the oil and gas company’s stock worth $500,082,000 after acquiring an additional 12,938,082 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Schlumberger by 7.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 75,986,195 shares of the oil and gas company’s stock worth $2,913,312,000 after acquiring an additional 5,225,828 shares in the last quarter. Finally, Lazard Asset Management LLC grew its position in shares of Schlumberger by 3,112.1% in the 4th quarter. Lazard Asset Management LLC now owns 3,627,051 shares of the oil and gas company’s stock valued at $139,059,000 after purchasing an additional 3,514,134 shares during the period. Institutional investors and hedge funds own 81.99% of the company’s stock.

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.