Diversify Advisory Services LLC Makes New $2.27 Million Investment in SLB Limited $SLB

Posted by Stanley Muller on Aug 19th, 2026

Diversify Advisory Services LLC purchased a new stake in shares of SLB Limited (NYSE:SLB – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 44,034 shares of the oil and gas company’s stock, valued at approximately $2,269,000.

A number of other hedge funds also recently modified their holdings of the business. Evergreen Advisors LLC bought a new stake in shares of SLB in the first quarter worth $26,000. MV Capital Management Inc. bought a new position in SLB during the 4th quarter worth $28,000. Strategic Wealth Advisors LLC bought a new position in SLB during the 4th quarter worth $30,000. Costello Asset Management INC lifted its holdings in SLB by 93.3% during the 1st quarter. Costello Asset Management INC now owns 580 shares of the oil and gas company’s stock worth $30,000 after buying an additional 280 shares during the period. Finally, Lloyd Advisory Services LLC. acquired a new position in SLB during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 81.99% of the company’s stock.

Analyst Upgrades and Downgrades

SLB has been the subject of several recent research reports. Sanford C. Bernstein increased their price target on SLB from $56.10 to $71.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. TD Cowen lifted their price objective on SLB from $62.00 to $64.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. JPMorgan Chase & Co. upped 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. Piper Sandler increased their target price on shares of SLB from $59.00 to $64.00 and gave the company an “overweight” rating in a research report on Monday, July 27th. Finally, Wolfe Research started coverage on shares of SLB in a report on Wednesday, July 8th. They set an “outperform” rating and a $62.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, SLB currently has an average rating of “Moderate Buy” and an average target price of $61.35.

Read Our Latest Analysis on SLB

SLB Stock Performance

Shares of SLB stock opened at $53.30 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 1.05 and a debt-to-equity ratio of 0.41. The business has a 50-day moving average price of $49.42 and a two-hundred day moving average price of $51.15. SLB Limited has a 1-year low of $31.64 and a 1-year high of $58.82. The company has a market cap of $79.10 billion, a P/E ratio of 25.75, a PEG ratio of 3.55 and a beta of 0.73.

SLB (NYSE:SLB – Get Free Report) last announced its quarterly earnings data on Saturday, July 25th. The oil and gas company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.04. SLB had a return on equity of 14.05% and a net margin of 8.53%.The company had revenue of $8.97 billion for the quarter, compared to the consensus estimate of $8.67 billion. During the same period in the previous year, the business earned $0.74 EPS. The firm’s revenue was up 5.0% compared to the same quarter last year. As a group, analysts anticipate that SLB Limited will post 2.5 EPS for the current year.

SLB Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 2nd will be paid a $0.295 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $1.18 annualized dividend and a yield of 2.2%. SLB’s payout ratio is 57.00%.

About SLB

(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.