GSA Capital Partners LLP Sells 87,954 Shares of NOV Inc. $NOV

Posted by Brian Himes on May 20th, 2026

GSA Capital Partners LLP trimmed its stake in shares of NOV Inc. (NYSE:NOV – Free Report) by 43.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 115,297 shares of the oil and gas exploration company’s stock after selling 87,954 shares during the quarter. GSA Capital Partners LLP’s holdings in NOV were worth $1,802,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Arizona State Retirement System grew its position in NOV by 0.6% during the third quarter. Arizona State Retirement System now owns 111,185 shares of the oil and gas exploration company’s stock worth $1,473,000 after buying an additional 678 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of NOV by 37.9% in the 4th quarter. Allworth Financial LP now owns 2,578 shares of the oil and gas exploration company’s stock worth $40,000 after purchasing an additional 709 shares in the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of NOV by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 116,720 shares of the oil and gas exploration company’s stock worth $1,547,000 after purchasing an additional 724 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of NOV by 2.6% in the 3rd quarter. Quadrant Capital Group LLC now owns 29,023 shares of the oil and gas exploration company’s stock worth $385,000 after purchasing an additional 743 shares in the last quarter. Finally, Truist Financial Corp lifted its stake in shares of NOV by 7.6% in the 3rd quarter. Truist Financial Corp now owns 11,759 shares of the oil and gas exploration company’s stock valued at $156,000 after acquiring an additional 827 shares during the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

NOV Stock Performance

NOV stock opened at $20.93 on Wednesday. The company has a quick ratio of 1.66, a current ratio of 2.47 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $7.51 billion, a P/E ratio of 87.23 and a beta of 0.92. The stock’s 50 day moving average is $19.50 and its 200 day moving average is $17.96. NOV Inc. has a twelve month low of $11.65 and a twelve month high of $21.33.

NOV (NYSE:NOV – Get Free Report) last issued its earnings results on Monday, April 27th. The oil and gas exploration company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.12). NOV had a net margin of 1.05% and a return on equity of 3.34%. The business had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter in the prior year, the business posted $0.19 earnings per share. The business’s revenue for the quarter was down 2.4% on a year-over-year basis. On average, equities research analysts predict that NOV Inc. will post 0.92 earnings per share for the current fiscal year.

NOV Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were paid a $0.09 dividend. This is an increase from NOV’s previous quarterly dividend of $0.08. The ex-dividend date was Friday, March 13th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.7%. NOV’s dividend payout ratio (DPR) is 150.00%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on NOV shares. Argus raised NOV to a “hold” rating in a research note on Tuesday, February 10th. BMO Capital Markets upped their price target on NOV from $19.00 to $20.00 and gave the company a “market perform” rating in a research report on Monday, February 9th. Evercore raised NOV to a “hold” rating in a research report on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NOV in a research report on Friday, March 27th. Finally, Susquehanna upped their price target on NOV from $22.00 to $24.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $19.36.

Read Our Latest Research Report on NOV

Insiders Place Their Bets

In related news, VP Craig L. Weinstock sold 70,000 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $20.08, for a total value of $1,405,600.00. Following the transaction, the vice president directly owned 256,319 shares of the company’s stock, valued at approximately $5,146,885.52. This trade represents a 21.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Joseph W. Rovig sold 151,086 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $20.17, for a total value of $3,047,404.62. Following the completion of the transaction, the insider directly owned 269,694 shares in the company, valued at approximately $5,439,727.98. This represents a 35.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.15% of the company’s stock.

About NOV

(Free Report)

National Oilwell Varco (NYSE: NOV) is a leading provider of equipment and technology to the oil and gas industry. The company designs, manufactures and services an extensive portfolio of products used in drilling, completion and production operations. Its offerings include drilling rigs and related components, wellbore technologies such as tubulars and completion tools, surface equipment including mud pumps and blowout preventers, and aftermarket parts and services that support ongoing field operations.

NOV’s business is organized to serve upstream energy companies around the world.