Park National Corp OH Decreases Holdings in SLB Limited $SLB

Posted by George Bondi on Jun 21st, 2026

Park National Corp OH lowered its position in SLB Limited (NYSE:SLB – Free Report) by 5.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 244,272 shares of the oil and gas company’s stock after selling 13,840 shares during the period. Park National Corp OH’s holdings in SLB were worth $12,553,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. MV Capital Management Inc. acquired a new stake in SLB in the fourth quarter valued at $28,000. Strategic Wealth Advisors LLC purchased a new position in shares of SLB in the fourth quarter valued at $30,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SLB during the 4th quarter worth $31,000. Steph & Co. raised its stake in shares of SLB by 97.5% during the 4th 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. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of SLB in the 4th quarter worth about $31,000. 81.99% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at SLB

In other news, Director La Chevardiere Patrick De sold 2,000 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $54.33, for a total transaction of $108,660.00. Following the completion of the sale, the director directly owned 16,953 shares of the company’s stock, valued at $921,056.49. The trade was a 10.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Steve Matthew Gassen sold 53,379 shares of the company’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 sale, 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 0.16% of the company’s stock.

SLB Stock Up 0.1%

Shares of NYSE:SLB opened at $48.12 on Friday. The company has a current ratio of 1.34, a quick ratio of 0.98 and a debt-to-equity ratio of 0.35. The firm has a market cap of $71.95 billion, a price-to-earnings ratio of 21.01, a PEG ratio of 1.95 and a beta of 0.70. The stock’s 50-day moving average price is $54.69 and its two-hundred day moving average price is $49.02. SLB Limited has a 12-month low of $31.64 and a 12-month high of $58.82.

SLB (NYSE:SLB – Get Free Report) last posted its quarterly earnings data on Saturday, April 25th. The oil and gas company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.01. The company 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 company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.72 EPS. On average, research analysts forecast that SLB Limited will post 2.62 EPS for the current year.

SLB Announces Dividend

The business 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. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.18 annualized dividend and a yield of 2.5%. SLB’s dividend payout ratio is 51.53%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on SLB shares. JPMorgan Chase & Co. increased their price objective on shares of SLB from $54.00 to $61.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. TD Cowen upped their price target on shares of SLB from $55.00 to $66.00 and gave the company a “buy” rating in a report on Monday, April 27th. BMO Capital Markets upped their price target on shares of SLB from $55.00 to $63.00 and gave the company an “outperform” rating in a report on Monday, April 27th. Stifel Nicolaus increased their price target on shares of SLB from $61.00 to $64.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Weiss Ratings cut shares of SLB from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, SLB has an average rating of “Moderate Buy” and an average price target of $60.83.

Read Our Latest Stock Analysis on SLB

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.