SLB Limited $SLB Position Increased by Brookstone Capital Management

Posted by Stanley Muller on Aug 13th, 2026

Brookstone Capital Management grew its position in SLB Limited (NYSE:SLB – Free Report) by 992.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 54,804 shares of the oil and gas company’s stock after purchasing an additional 49,788 shares during the period. Brookstone Capital Management’s holdings in SLB were worth $2,548,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of SLB by 11.1% in the first quarter. Bank of America Corp DE now owns 10,536,104 shares of the oil and gas company’s stock valued at $541,450,000 after purchasing an additional 1,052,239 shares during the period. Fearnley Asset Management AS acquired a new stake in SLB during the 4th quarter worth approximately $8,574,000. Vaughan Nelson Investment Management L.P. acquired a new stake in SLB during the 1st quarter worth approximately $47,528,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in SLB by 4.3% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,141,868 shares of the oil and gas company’s stock valued at $126,303,000 after buying an additional 128,660 shares during the period. Finally, Cibc World Market Inc. grew its stake in shares of SLB by 48.7% in the fourth quarter. Cibc World Market Inc. now owns 1,367,063 shares of the oil and gas company’s stock worth $52,468,000 after acquiring an additional 447,667 shares in the last quarter. 81.99% of the stock is owned by hedge funds and other institutional investors.

SLB Stock Performance

Shares of SLB stock opened at $52.66 on Thursday. The company has a current ratio of 1.44, a quick ratio of 1.05 and a debt-to-equity ratio of 0.41. The firm has a fifty day moving average price of $49.67 and a 200 day moving average price of $51.04. The company has a market cap of $78.15 billion, a P/E ratio of 25.44, a PEG ratio of 3.54 and a beta of 0.73. 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 results on Saturday, July 25th. The oil and gas company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.04. The company had revenue of $8.97 billion for the quarter, compared to analysts’ expectations of $8.67 billion. SLB had a return on equity of 14.05% and a net margin of 8.53%.SLB’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the firm earned $0.74 earnings per share. Sell-side analysts predict that SLB Limited will post 2.5 earnings per share for the current fiscal year.

SLB Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Wednesday, September 2nd will be given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, September 2nd. SLB’s dividend payout ratio (DPR) is 57.00%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on SLB. JPMorgan Chase & Co. increased their price objective on SLB from $54.00 to $61.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Susquehanna boosted their target price on SLB from $55.00 to $62.00 and gave the stock a “positive” rating in a research note on Monday, July 27th. Stifel Nicolaus upped their price target on SLB from $61.00 to $64.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Evercore reiterated an “outperform” rating and issued a $66.00 price objective on shares of SLB in a research note on Monday, July 27th. Finally, Raymond James Financial lowered their price objective on SLB from $62.00 to $61.00 and set an “outperform” rating for the company in a research report on Friday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $61.35.

Check Out Our Latest Report on SLB

SLB Company 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.