HighTower Advisors LLC Increases Stock Holdings in Nabors Industries Ltd. $NBR

Posted by Francis Steltz on Jun 1st, 2026

HighTower Advisors LLC increased its holdings in Nabors Industries Ltd. (NYSE:NBR – Free Report) by 77.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 47,834 shares of the oil and gas company’s stock after purchasing an additional 20,949 shares during the period. HighTower Advisors LLC’s holdings in Nabors Industries were worth $2,597,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in NBR. Public Employees Retirement System of Ohio grew its position in shares of Nabors Industries by 23.0% in the third quarter. Public Employees Retirement System of Ohio now owns 1,545 shares of the oil and gas company’s stock valued at $63,000 after purchasing an additional 289 shares during the period. CWM LLC grew its position in shares of Nabors Industries by 63.0% in the fourth quarter. CWM LLC now owns 1,449 shares of the oil and gas company’s stock valued at $79,000 after purchasing an additional 560 shares during the period. Russell Investments Group Ltd. grew its position in Nabors Industries by 153.9% during the third quarter. Russell Investments Group Ltd. now owns 3,222 shares of the oil and gas company’s stock valued at $132,000 after acquiring an additional 1,953 shares during the period. Osaic Holdings Inc. grew its position in Nabors Industries by 720.6% during the second quarter. Osaic Holdings Inc. now owns 5,703 shares of the oil and gas company’s stock valued at $160,000 after acquiring an additional 5,008 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Nabors Industries during the third quarter valued at about $207,000. Hedge funds and other institutional investors own 81.92% of the company’s stock.

Nabors Industries Trading Up 0.3%

Shares of NBR opened at $92.93 on Monday. Nabors Industries Ltd. has a 12 month low of $25.27 and a 12 month high of $112.90. The stock’s 50-day moving average is $91.67 and its two-hundred day moving average is $72.76. The company has a debt-to-equity ratio of 2.22, a current ratio of 1.97 and a quick ratio of 1.82. The stock has a market cap of $1.38 billion, a PE ratio of 7.28 and a beta of 0.96.

Nabors Industries (NYSE:NBR – Get Free Report) last issued its earnings results on Tuesday, April 28th. The oil and gas company reported ($1.54) earnings per share for the quarter, topping the consensus estimate of ($2.49) by $0.95. Nabors Industries had a negative return on equity of 8.66% and a net margin of 7.32%.The company had revenue of $783.55 million during the quarter, compared to the consensus estimate of $769.33 million. During the same quarter in the prior year, the business earned $2.18 earnings per share. The company’s revenue was up 6.4% compared to the same quarter last year. Equities analysts forecast that Nabors Industries Ltd. will post -3.52 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Barclays raised Nabors Industries from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $65.00 to $99.00 in a research report on Thursday, May 7th. Citigroup boosted their price target on Nabors Industries from $89.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Piper Sandler boosted their price target on Nabors Industries from $84.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Royal Bank Of Canada boosted their price target on Nabors Industries from $91.00 to $120.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Finally, Susquehanna reissued a “neutral” rating and set a $105.00 price target (up from $85.00) on shares of Nabors Industries in a research report on Thursday, April 30th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $103.43.

Get Our Latest Research Report on NBR

Nabors Industries Company Profile

(Free Report)

Nabors Industries Ltd. is a global oil and gas drilling contractor that provides land and offshore drilling rigs, drilling equipment and related services to energy companies around the world. The company’s operations span two core segments: drilling and evaluation, which includes land‐based and platform drilling rigs as well as wellbore survey services, and wellbore technologies, offering pressure control equipment, downhole tools and specialized maintenance services. Nabors’ integrated model combines rig operations with engineered products and field support, positioning it as a full‐service provider in the upstream sector.

The company maintains a diverse, modern fleet of automated and conventional drilling rigs and has pioneered advanced drilling technologies, including automated drilling controls and managed pressure drilling systems.