SLB Limited $SLB Stock Holdings Decreased by Clearbridge Investments LLC

09 Jun 2026, 07:56 by Kim Johansen · The Markets Daily

Clearbridge Investments LLC reduced its position in SLB Limited (NYSE:SLB – Free Report) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,734,172 shares of the oil and gas company’s stock after selling 64,667 shares during the period. Clearbridge Investments LLC’s holdings in SLB were worth $104,938,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in SLB. Brighton Jones LLC increased its position in shares of SLB by 21.4% in the fourth quarter. Brighton Jones LLC now owns 6,611 shares of the oil and gas company’s stock worth $253,000 after acquiring an additional 1,166 shares in the last quarter. Bison Wealth LLC purchased a new position in shares of SLB in the fourth quarter worth approximately $238,000. Marshall Wace LLP purchased a new position in shares of SLB in the second quarter worth approximately $8,628,000. Nebula Research & Development LLC increased its position in shares of SLB by 76.0% in the second quarter. Nebula Research & Development LLC now owns 24,373 shares of the oil and gas company’s stock worth $824,000 after acquiring an additional 10,522 shares in the last quarter. Finally, Diversify Advisory Services LLC grew its position in SLB by 7.6% during the second quarter. Diversify Advisory Services LLC now owns 11,326 shares of the oil and gas company’s stock valued at $373,000 after purchasing an additional 799 shares in the last quarter. 81.99% of the stock is owned by hedge funds and other institutional investors.

SLB Stock Performance

Shares of SLB opened at $56.52 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.98 and a current ratio of 1.34. The company has a market capitalization of $84.50 billion, a PE ratio of 24.68, a PEG ratio of 2.22 and a beta of 0.70. The company’s 50 day moving average price is $54.30 and its 200 day moving average price is $48.03. SLB Limited has a 52 week low of $31.64 and a 52 week high of $58.82.

SLB (NYSE:SLB – Get Free Report) last posted its earnings results on Saturday, April 25th. The oil and gas company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.01. SLB had a net margin of 9.26% and a return on equity of 15.54%. The firm had revenue of $8.72 billion during the quarter, compared to analysts’ expectations of $8.76 billion. During the same period in the previous year, the company earned $0.72 earnings per share. The company’s revenue was up 2.7% compared to the same quarter last year. Research analysts expect that SLB Limited will post 2.62 EPS for the current fiscal year.

SLB Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Wednesday, June 3rd will be paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, June 3rd. SLB’s payout ratio is presently 51.53%.

Insider Buying and Selling at SLB

In related news, EVP Steve Matthew Gassen sold 53,379 shares of SLB stock in a transaction on Friday, May 1st. The shares were sold at an average price of $56.18, for a total value of $2,998,832.22. Following the completion of the sale, the executive vice president owned 47,421 shares of the company’s stock, valued at approximately $2,664,111.78. The trade was a 52.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director La Chevardiere Patrick De sold 2,000 shares of SLB stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $54.33, for a total transaction of $108,660.00. Following the completion of the sale, the director directly owned 16,953 shares of the company’s stock, valued at approximately $921,056.49. The trade was a 10.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.16% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on SLB shares. The Goldman Sachs Group boosted 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. Susquehanna boosted their price objective on shares of SLB from $60.00 to $65.00 and gave the company a “positive” rating in a research report on Monday, April 27th. Weiss Ratings downgraded shares of SLB from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. UBS Group boosted their price objective on shares of SLB from $61.00 to $69.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Evercore reaffirmed an “outperform” rating and set a $64.00 price objective on shares of SLB in a research report on Monday, April 27th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, SLB presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.67.

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About SLB

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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.