Fidelis Capital Partners LLC Takes $701,000 Position in SLB Limited $SLB

Posted by Geri Gentry on May 30th, 2026

Fidelis Capital Partners LLC acquired a new stake in SLB Limited (NYSE:SLB – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 18,262 shares of the oil and gas company’s stock, valued at approximately $701,000.

Other large investors have also made changes to their positions in the company. Steph & Co. boosted its holdings in shares of SLB by 97.5% in the 4th quarter. Steph & Co. now owns 798 shares of the oil and gas company’s stock valued at $31,000 after acquiring an additional 394 shares during the last quarter. Strategic Wealth Advisors LLC purchased a new stake in shares of SLB in the 4th quarter valued at $30,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SLB in the 4th quarter valued at $31,000. Lloyd Advisory Services LLC. purchased a new stake in shares of SLB in the 4th quarter valued at $31,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of SLB in the 4th quarter valued at $34,000. 81.99% of the stock is owned by hedge funds and other institutional investors.

SLB Stock Performance

SLB opened at $54.44 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.34 and a debt-to-equity ratio of 0.35. The company has a market cap of $81.39 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 2.23 and a beta of 0.72. SLB Limited has a 52-week low of $31.64 and a 52-week high of $58.82. The firm’s fifty day simple moving average is $53.52 and its two-hundred day simple moving average is $47.12.

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

SLB Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders 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 2.2%. The ex-dividend date of this dividend is Wednesday, June 3rd. SLB’s dividend payout ratio (DPR) is currently 51.53%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on SLB shares. Barclays increased their price target on shares of SLB from $49.00 to $51.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. JPMorgan Chase & Co. increased their price target on shares of SLB from $54.00 to $61.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Piper Sandler increased their price target on shares of SLB from $53.00 to $59.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Susquehanna increased their price target on shares of SLB from $60.00 to $65.00 and gave the stock a “positive” rating in a report on Monday, April 27th. Finally, Stifel Nicolaus increased their price target on shares of SLB from $56.00 to $61.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $59.74.

Check Out Our Latest Research Report on SLB

Insider Activity

In other news, EVP Steve Matthew Gassen sold 53,379 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president directly owned 47,421 shares of the company’s stock, valued at approximately $2,664,111.78. This trade represents a 52.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director La Chevardiere Patrick De sold 2,000 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $54.33, for a total transaction of $108,660.00. Following the completion of the transaction, the director directly owned 16,953 shares in the company, valued at approximately $921,056.49. This represents a 10.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.16% of the company’s stock.

SLB Profile

(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.