Banco Bilbao Vizcaya Argentaria S.A. Decreases Stock Position in SLB Limited $SLB

Posted by George Bondi on Jun 18th, 2026

Banco Bilbao Vizcaya Argentaria S.A. lessened its holdings in SLB Limited (NYSE:SLB – Free Report) by 27.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 701,054 shares of the oil and gas company’s stock after selling 266,454 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in SLB were worth $26,966,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Strategic Wealth Advisors LLC acquired a new stake in SLB in the 4th quarter worth approximately $30,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SLB during the 4th quarter valued at approximately $31,000. Steph & Co. raised its holdings in shares of SLB by 97.5% in the fourth quarter. Steph & Co. now owns 798 shares of the oil and gas company’s stock worth $31,000 after buying an additional 394 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of SLB in the fourth quarter worth $31,000. Finally, Bruce G. Allen Investments LLC raised its holdings in shares of SLB by 37.0% in the fourth quarter. Bruce G. Allen Investments LLC now owns 841 shares of the oil and gas company’s stock worth $32,000 after buying an additional 227 shares during the last quarter. Institutional investors and hedge funds own 81.99% of the company’s stock.

SLB Price Performance

Shares of SLB opened at $50.30 on Thursday. The business’s 50-day moving average is $54.81 and its two-hundred day moving average is $48.95. The company has a market capitalization of $75.20 billion, a P/E ratio of 21.96, a P/E/G ratio of 2.15 and a beta of 0.70. SLB Limited has a fifty-two week low of $31.64 and a fifty-two week high of $58.82. 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, beating the consensus estimate of $0.51 by $0.01. SLB had a return on equity of 15.54% and a net margin of 9.26%.The business had revenue of $8.72 billion during the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter in the previous year, the firm posted $0.72 EPS. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. Research analysts predict that SLB Limited will post 2.62 earnings per share for the current year.

SLB Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Wednesday, June 3rd will be given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 2.3%. The ex-dividend date is Wednesday, June 3rd. SLB’s dividend payout ratio (DPR) is currently 51.53%.

Wall Street Analyst Weigh In

SLB has been the topic of a number of research analyst reports. Citigroup boosted their price objective on shares of SLB from $59.00 to $68.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Barclays lifted their price target on SLB from $49.00 to $51.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. The Goldman Sachs Group boosted their price target on SLB from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. TD Cowen raised their price objective on SLB from $55.00 to $66.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Finally, BMO Capital Markets lifted their target price on SLB from $55.00 to $63.00 and gave the stock an “outperform” rating in a 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 given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.67.

View Our Latest Research Report on SLB

Insider Buying and Selling at SLB

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

SLB News Roundup

Here are the key news stories impacting SLB this week:

Positive Sentiment: SLB said it aims to double digital business revenue to as much as $2 billion by 2030, highlighting a longer-term growth avenue beyond its core oilfield services business. SLB aims to double digital business revenue up to $2B by 2030
Positive Sentiment: Management also outlined plans for an additional $10 billion in annual digital spending by 2030, reinforcing expectations that SLB’s software and digital offerings could become a more meaningful profit driver. SLB expects additional $10 billion in annual digital spending by 2030
Positive Sentiment: SLB expanded its AI push with the launch of a digital marketplace, signaling continued investment in higher-margin technology-driven services. SLB expands AI strategy with launch of digital marketplace
Neutral Sentiment: SLB’s analyst/investor day and CEO Olivier Le Peuch’s appearance with Jim Cramer are adding visibility and could shape sentiment, but these items are mainly informational unless new financial guidance emerges. SLB CEO Olivier Le Peuch goes one-on-one with Jim Cramer SLB N.V. (SLB) Analyst/Investor Day Transcript
Neutral Sentiment: SLB is also trending on investor-watch lists and in market commentary, which may be adding short-term trading interest rather than changing the fundamental outlook. Jim Cramer Points to SLB for Critical Insights Into International Oil Production Here is What to Know Beyond Why SLB Limited (SLB) is a Trending Stock
Negative Sentiment: Despite the positive strategic narrative, the stock has been trading lower recently, suggesting investors may still be weighing execution risk and broader sentiment toward energy services.

SLB 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.