Corigliano Investment Advisers LLC Takes $4.14 Million Position in NOV Inc. $NOV

Posted by George Bondi on Jun 18th, 2026

Corigliano Investment Advisers LLC acquired a new position in shares of NOV Inc. (NYSE:NOV – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 265,000 shares of the oil and gas exploration company’s stock, valued at approximately $4,142,000. NOV comprises approximately 1.5% of Corigliano Investment Advisers LLC’s holdings, making the stock its 20th largest holding. Corigliano Investment Advisers LLC owned 0.07% of NOV at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of NOV. V Square Quantitative Management LLC acquired a new position in shares of NOV during the 4th quarter valued at about $28,000. CIBC Private Wealth Group LLC increased its position in NOV by 659.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,278 shares of the oil and gas exploration company’s stock worth $36,000 after purchasing an additional 1,978 shares during the last quarter. Rothschild Investment LLC raised its stake in NOV by 50.1% during the fourth quarter. Rothschild Investment LLC now owns 2,337 shares of the oil and gas exploration company’s stock worth $37,000 after purchasing an additional 780 shares during the period. Allworth Financial LP boosted its holdings in 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 valued at $40,000 after purchasing an additional 709 shares during the last quarter. Finally, Exchange Traded Concepts LLC acquired a new position in NOV in the 4th quarter valued at about $68,000. 93.27% of the stock is owned by institutional investors and hedge funds.

NOV Stock Down 3.4%

NOV stock opened at $19.27 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.47 and a quick ratio of 1.66. The stock’s 50 day moving average price is $20.23 and its 200 day moving average price is $18.77. NOV Inc. has a 1-year low of $11.77 and a 1-year high of $21.55. The company has a market cap of $6.92 billion, a PE ratio of 80.31 and a beta of 0.89.

NOV (NYSE:NOV – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The oil and gas exploration company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.12). The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.05 billion. NOV had a net margin of 1.05% and a return on equity of 3.34%. NOV’s revenue was down 2.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.19 earnings per share. On average, sell-side analysts predict that NOV Inc. will post 0.9 EPS for the current fiscal year.

NOV Dividend Announcement

The firm also recently announced a special dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a yield of 170.0%. NOV’s dividend payout ratio (DPR) is currently 150.00%.

Analysts Set New Price Targets

NOV has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of NOV in a report on Friday, March 27th. Capital One Financial upgraded NOV from an “equal weight” rating to an “overweight” rating and set a $26.00 price objective on the stock in a research note on Thursday, June 4th. Royal Bank Of Canada lifted their price target on shares of NOV from $21.00 to $22.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 29th. Barclays reaffirmed an “underweight” rating and set a $21.00 price objective (up from $20.00) on shares of NOV in a research report on Thursday, May 7th. Finally, Stifel Nicolaus increased their target price on shares of NOV from $21.00 to $23.00 and gave the company a “buy” rating in a research report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $20.43.

Read Our Latest Stock Report on NOV

NOV Profile

(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.