SLB Limited $SLB Shares Acquired by Hendley & Co. Inc.

Posted by Brenda Bartman on Aug 13th, 2026

Hendley & Co. Inc. lifted its position in shares of SLB Limited (NYSE:SLB – Free Report) by 47.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 116,540 shares of the oil and gas company’s stock after buying an additional 37,420 shares during the period. SLB accounts for approximately 1.9% of Hendley & Co. Inc.’s portfolio, making the stock its 22nd largest holding. Hendley & Co. Inc.’s holdings in SLB were worth $5,418,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in SLB by 21.4% in the 4th quarter. Brighton Jones LLC now owns 6,611 shares of the oil and gas company’s stock worth $253,000 after acquiring an additional 1,166 shares during the period. Bison Wealth LLC purchased a new position in shares of SLB during the 4th quarter worth $238,000. Marshall Wace LLP acquired a new stake in shares of SLB during the second quarter worth $8,628,000. Nebula Research & Development LLC boosted its holdings in shares of SLB by 76.0% during the second quarter. Nebula Research & Development LLC now owns 24,373 shares of the oil and gas company’s stock worth $824,000 after purchasing an additional 10,522 shares during the last quarter. Finally, Diversify Advisory Services LLC grew its position in shares of SLB by 7.6% in the second quarter. Diversify Advisory Services LLC now owns 11,326 shares of the oil and gas company’s stock valued at $373,000 after purchasing an additional 799 shares during the period. Institutional investors and hedge funds own 81.99% of the company’s stock.

SLB Price Performance

Shares of SLB stock opened at $52.66 on Thursday. SLB Limited has a twelve month low of $31.64 and a twelve month high of $58.82. The stock has a market capitalization of $78.15 billion, a P/E ratio of 25.44, a PEG ratio of 3.54 and a beta of 0.73. 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 business’s fifty day moving average price is $49.67 and its 200 day moving average price is $51.04.

SLB (NYSE:SLB – Get Free Report) last announced its quarterly earnings results on Saturday, July 25th. The oil and gas company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.51 by $0.04. The company had revenue of $8.97 billion during the quarter, compared to analyst estimates of $8.67 billion. SLB had a return on equity of 14.05% and a net margin of 8.53%.The firm’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.74 earnings per share. As a group, research analysts anticipate that SLB Limited will post 2.5 earnings per share for the current year.

SLB Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on SLB shares. Barclays upped their target price on SLB from $64.00 to $67.00 and gave the company an “overweight” rating in a research note on Monday, July 27th. JPMorgan Chase & Co. lifted their price target on SLB from $54.00 to $61.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Evercore reaffirmed an “outperform” rating and set a $66.00 price objective on shares of SLB in a research note on Monday, July 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of SLB in a report on Monday, August 3rd. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $61.00 target price on shares of SLB in a research report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $61.35.

Get Our Latest Research Report 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.

SLB Limited $SLB Shares Acquired by Hendley & Co. Inc.

SLB Price Performance

SLB Announces Dividend

Wall Street Analyst Weigh In

SLB Profile

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