SLB Limited (SLB) is up 4.1% today. Here is some analysis on what might have caused this price movement.
Analysis: The move appears tied to a mix of company-specific momentum and stronger energy sentiment rather than a single fresh announcement today. SLB recently posted second-quarter results ahead of expectations, pointed to improving activity in the Middle East over time, and highlighted offshore, digital, and production-related growth drivers, while higher oil prices on August 6 likely added support for oilfield-services shares.
Details:
SLB’s latest quarterly release showed revenue of $8.97 billion, adjusted EPS of $0.55, and adjusted EBITDA of $1.90 billion, with revenue up 3% sequentially.Management described broad-based international growth, stronger offshore momentum, and rising demand for production and recovery solutions as key supports for the business outlook.The company also disclosed share repurchases of 12 million shares for $648 million during the quarter, which can reinforce investor confidence in capital returns.No obvious new material filing or major company press release surfaced today, so part of the gain may be a continuation of the positive reaction to late-July earnings combined with firmer crude prices.Sources:
SLB, AP News, SEC
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$SLB Insider Trading Activity
$SLB insiders have traded $SLB stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $SLB stock by insiders over the last 6 months:
- PEUCH OLIVIER LE (Chief Executive Officer) has made 0 purchases and 4 sales selling 100,000 shares for an estimated $5,400,750.
- STEVE MATTHEW GASSEN (EVP, Geographies) has made 0 purchases and 2 sales selling 53,379 shares for an estimated $2,998,766.
- LA CHEVARDIERE PATRICK DE has made 0 purchases and 3 sales selling 6,000 shares for an estimated $316,760.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$SLB Hedge Fund Activity
We have seen 748 institutional investors add shares of $SLB stock to their portfolio, and 798 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS added 24,364,796 shares (+104.2%) to their portfolio in Q1 2026, for an estimated $1,252,106,866
- UBS GROUP AG added 10,674,011 shares (+47.4%) to their portfolio in Q1 2026, for an estimated $548,537,425
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 10,231,277 shares (-18.9%) from their portfolio in Q1 2026, for an estimated $525,785,325
- CAPITAL RESEARCH GLOBAL INVESTORS removed 8,542,076 shares (-81.0%) from their portfolio in Q1 2026, for an estimated $438,977,285
- FRANKLIN RESOURCES INC removed 7,691,905 shares (-36.7%) from their portfolio in Q1 2026, for an estimated $395,286,997
- HOLOCENE ADVISORS, LP removed 7,667,844 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $394,050,503
- VOYA INVESTMENT MANAGEMENT LLC added 7,317,352 shares (+2872.4%) to their portfolio in Q1 2026, for an estimated $376,038,719
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$SLB Government Contracts
We have seen $4,892,145 of award payments to $SLB over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$SLB Analyst Ratings
Wall Street analysts have issued reports on $SLB in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- UBS issued a "Buy" rating on 04/29/2026
To track analyst ratings and price targets for $SLB, check out Quiver Quantitative's $SLB forecast page.
$SLB Price Targets
Multiple analysts have issued price targets for $SLB recently. We have seen 14 analysts offer price targets for $SLB in the last 6 months, with a median target of $62.5.
Here are some recent targets:
- Bascome Majors from Susquehanna set a target price of $55.0 on 07/08/2026
- Scott Gruber from Citigroup set a target price of $63.0 on 07/01/2026
- Josh Silverstein from UBS set a target price of $66.0 on 07/01/2026
- Marc Bianchi from TD Cowen set a target price of $62.0 on 07/01/2026
- Stephen Gengaro from Stifel set a target price of $64.0 on 06/18/2026
- Keith Mackey from RBC Capital set a target price of $61.0 on 06/16/2026
- James West from Evercore ISI Group set a target price of $63.0 on 06/10/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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SLB gains as investors continue to digest upbeat Q2 results and firmer oil prices
SLB Limited (SLB) is up 4.1% today. Here is some analysis on what might have caused this price movement.
Analysis: The move appears tied to a mix of company-specific momentum and stronger energy sentiment rather than a single fresh announcement today. SLB recently posted second-quarter results ahead of expectations, pointed to improving activity in the Middle East over time, and highlighted offshore, digital, and production-related growth drivers, while higher oil prices on August 6 likely added support for oilfield-services shares.
Details:
Sources:
SLB, AP News, SEC
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$SLB Insider Trading Activity
$SLB insiders have traded $SLB stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $SLB stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SLB Hedge Fund Activity
We have seen 748 institutional investors add shares of $SLB stock to their portfolio, and 798 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$SLB Government Contracts
We have seen $4,892,145 of award payments to $SLB over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$SLB Analyst Ratings
Wall Street analysts have issued reports on $SLB in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $SLB, check out Quiver Quantitative's $SLB forecast page.
$SLB Price Targets
Multiple analysts have issued price targets for $SLB recently. We have seen 14 analysts offer price targets for $SLB in the last 6 months, with a median target of $62.5.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »