Groupama Asset Managment Sells 35,888 Shares of SLB Limited $SLB

Posted by Brian Himes on Jun 19th, 2026

Groupama Asset Managment trimmed its position in shares of SLB Limited (NYSE:SLB – Free Report) by 6.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 528,807 shares of the oil and gas company’s stock after selling 35,888 shares during the period. Groupama Asset Managment’s holdings in SLB were worth $20,294,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. MV Capital Management Inc. acquired a new position in SLB during the fourth quarter worth $28,000. Steph & Co. grew its holdings in shares of SLB by 97.5% during the fourth quarter. Steph & Co. now owns 798 shares of the oil and gas company’s stock valued at $31,000 after buying an additional 394 shares during the last quarter. Strategic Wealth Advisors LLC acquired a new position in shares of SLB during the fourth quarter valued at about $30,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SLB during the fourth quarter worth about $31,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of SLB in the 4th quarter worth about $31,000. 81.99% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SLB shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $61.00 price target on shares of SLB in a research report on Tuesday. Piper Sandler increased their price objective on SLB from $53.00 to $59.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. Weiss Ratings downgraded SLB from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. raised their target price on SLB from $54.00 to $61.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Finally, Evercore reaffirmed an “outperform” rating and set a $64.00 target price on shares of SLB in a research report on Monday, April 27th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $60.83.

Get Our Latest Research Report on SLB

SLB Stock Down 4.4%

SLB stock opened at $48.12 on Friday. SLB Limited has a fifty-two week low of $31.64 and a fifty-two week high of $58.82. The stock has a market cap of $71.95 billion, a PE ratio of 21.01, a price-to-earnings-growth ratio of 2.04 and a beta of 0.70. The firm’s 50-day simple moving average is $54.77 and its 200 day simple moving average is $49.03. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.98 and a current ratio of 1.34.

SLB (NYSE:SLB – Get Free Report) last issued its quarterly earnings data on Saturday, April 25th. The oil and gas company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.01. The business had revenue of $8.72 billion during 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 firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.72 EPS. Research analysts predict that SLB Limited will post 2.62 EPS for the current fiscal year.

SLB Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Wednesday, June 3rd will be issued a $0.295 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.18 annualized dividend and a dividend yield of 2.5%. SLB’s dividend payout ratio is currently 51.53%.

Insider Activity at SLB

In other SLB news, EVP Steve Matthew Gassen sold 53,379 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $56.18, for a total value of $2,998,832.22. Following the transaction, 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 ownership of the stock. 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 the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $54.33, for a total value of $108,660.00. Following the completion of the transaction, the director owned 16,953 shares of the company’s stock, valued at $921,056.49. This trade represents a 10.55% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.16% of the company’s stock.

Key Stories Impacting SLB

Here are the key news stories impacting SLB this week:

Positive Sentiment: SLB launched a new Digital Marketplace for AI tools and applications, expanding its digital ecosystem and reinforcing its software growth strategy. SLB Expands Digital Reach With New AI Marketplace Platform
Positive Sentiment: Management signaled a long-term push to double digital business revenue and core profit by 2030, with reports also highlighting up to $2 billion in digital revenue and $10 billion in annual digital spending opportunities. SLB aims to double digital business revenue up to $2B by 2030
Positive Sentiment: Traders showed strong bullish positioning, with unusual options activity skewing toward calls and volume running well above normal.
Neutral Sentiment: SLB received added visibility after CEO Olivier Le Peuch appeared on CNBC with Jim Cramer and the company’s investor-day commentary continued to circulate among investors. SLB CEO Olivier Le Peuch goes one-on-one with Jim Cramer
Neutral Sentiment: Market interest also picked up after reports noted SLB and Nvidia’s long-running partnership and the company became a trending stock on Zacks, which may be amplifying trading volume. Nvidia’s Next Huge Bet: Drill, Baby, Drill!

SLB Company 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.