Pine Valley Investments Ltd Liability Co Has $14.94 Million Stock Holdings in Precision Drilling Corporation $PDS

Posted by on Aug 3rd, 2026

Pine Valley Investments Ltd Liability Co decreased its holdings in shares of Precision Drilling Corporation (NYSE:PDS – Free Report) (TSE:PD) by 49.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 151,800 shares of the oil and gas company’s stock after selling 151,104 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in Precision Drilling were worth $14,937,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in PDS. FIL Ltd grew its stake in shares of Precision Drilling by 27,294.7% during the fourth quarter. FIL Ltd now owns 850,331 shares of the oil and gas company’s stock worth $61,017,000 after purchasing an additional 847,227 shares during the period. National Bank of Canada FI lifted its stake in Precision Drilling by 0.6% in the third quarter. National Bank of Canada FI now owns 735,460 shares of the oil and gas company’s stock valued at $41,265,000 after buying an additional 4,236 shares during the period. Aegis Financial Corp lifted its stake in Precision Drilling by 11.4% in the fourth quarter. Aegis Financial Corp now owns 504,059 shares of the oil and gas company’s stock valued at $36,221,000 after buying an additional 51,700 shares during the period. Hillsdale Investment Management Inc. boosted its holdings in Precision Drilling by 67.0% during the first quarter. Hillsdale Investment Management Inc. now owns 487,434 shares of the oil and gas company’s stock worth $47,957,000 after buying an additional 195,598 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Precision Drilling by 24.9% during the third quarter. Arrowstreet Capital Limited Partnership now owns 483,937 shares of the oil and gas company’s stock worth $27,262,000 after buying an additional 96,339 shares during the last quarter. 48.86% of the stock is currently owned by institutional investors.

Precision Drilling Trading Up 0.2%

NYSE PDS opened at $77.87 on Monday. Precision Drilling Corporation has a one year low of $52.53 and a one year high of $103.80. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.46 and a quick ratio of 1.29. The firm has a market cap of $1.00 billion, a P/E ratio of -37.26 and a beta of 0.78. The stock’s 50-day moving average is $84.83 and its 200-day moving average is $87.86.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. BMO Capital Markets reaffirmed an “outperform” rating on shares of Precision Drilling in a research note on Thursday, April 30th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Precision Drilling in a report on Friday, May 1st. TD Securities reaffirmed a “hold” rating on shares of Precision Drilling in a research note on Friday, May 1st. Wall Street Zen upgraded shares of Precision Drilling from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Weiss Ratings cut shares of Precision Drilling from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Precision Drilling presently has an average rating of “Moderate Buy” and an average price target of $122.33.

View Our Latest Stock Analysis on PDS

About Precision Drilling

(Free Report)

Precision Drilling Corporation (NYSE: PDS) is a Calgary, Alberta–based oilfield services company that has provided drilling solutions since its founding in 1951. With more than seven decades of industry experience, the company delivers contract drilling services, directional and horizontal drilling, well servicing, and a suite of specialized equipment designed to meet the evolving needs of exploration and production companies worldwide.

The company’s core business activities include operating a fleet of onshore drilling rigs, offering managed pressure drilling, measurement-while-drilling (MWD) and logging-while-drilling (LWD) services, and providing completion and workover rigs.

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Institutional Ownership by Quarter for Precision Drilling (NYSE:PDS)

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