Two Sigma Securities LLC Invests $597,000 in NOV Inc. $NOV

Posted by George Bondi on Sep 2nd, 2026

Two Sigma Securities LLC acquired a new position in NOV Inc. (NYSE:NOV – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 32,161 shares of the oil and gas exploration company’s stock, valued at approximately $597,000.

Several other hedge funds also recently bought and sold shares of the company. California State Teachers Retirement System grew its holdings in NOV by 20.4% during the first quarter. California State Teachers Retirement System now owns 422,834 shares of the oil and gas exploration company’s stock valued at $7,954,000 after purchasing an additional 71,754 shares during the last quarter. Wealthfront Advisers LLC bought a new position in shares of NOV during the 2nd quarter worth about $1,281,000. Crossmark Global Holdings Inc. raised its stake in NOV by 203.9% during the fourth quarter. Crossmark Global Holdings Inc. now owns 85,897 shares of the oil and gas exploration company’s stock worth $1,343,000 after acquiring an additional 57,634 shares in the last quarter. Energy Income Partners LLC acquired a new position in NOV in the second quarter valued at about $4,344,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in NOV during the 2nd quarter valued at $2,869,000. 93.27% of the stock is owned by institutional investors and hedge funds.

NOV Stock Up 0.4%

NOV stock opened at $21.38 on Wednesday. NOV Inc. has a 52-week low of $12.28 and a 52-week high of $21.74. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.61 and a current ratio of 2.42. The firm has a 50 day moving average price of $19.73 and a two-hundred day moving average price of $19.75. The firm has a market cap of $7.62 billion, a price-to-earnings ratio of 82.23 and a beta of 0.92.

NOV (NYSE:NOV – Get Free Report) last released its earnings results on Tuesday, July 28th. The oil and gas exploration company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.14. The business had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.08 billion. NOV had a net margin of 1.10% and a return on equity of 3.44%. NOV’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.29 earnings per share. Equities analysts predict that NOV Inc. will post 0.99 EPS for the current year.

NOV Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be paid a dividend of $0.09 per share. The ex-dividend date is Friday, September 11th. This represents a $0.36 annualized dividend and a dividend yield of 1.7%. NOV’s dividend payout ratio (DPR) is presently 138.46%.

Insiders Place Their Bets

In other NOV news, Director David D. Harrison sold 9,594 shares of the business’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $19.21, for a total transaction of $184,300.74. Following the sale, the director owned 126,763 shares of the company’s stock, valued at $2,435,117.23. The trade was a 7.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Susquehanna upped their price objective on NOV from $22.00 to $24.00 and gave the stock a “positive” rating in a report on Thursday, July 30th. TD Cowen upped their price objective on NOV from $25.00 to $26.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. The Goldman Sachs Group set a $19.00 price target on NOV in a research note on Wednesday, June 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NOV in a report on Wednesday, June 24th. Finally, Morgan Stanley set a $21.00 target price on NOV in a research report on Wednesday, July 15th. Five analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, NOV presently has an average rating of “Hold” and a consensus target price of $21.31.

Get Our Latest Stock Analysis on NOV

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.