Q3 EPS Estimates for Schlumberger Cut by Griffin Securities

Schlumberger Limited (NYSE:SLB) – Investment analysts at Griffin Securities dropped their Q3 2025 EPS estimates for Schlumberger in a research note issued to investors on Monday, July 21st. Griffin Securities analyst K. Simpson now expects that the oil and gas company will post earnings of $0.66 per share for the quarter, down from their previous estimate of $0.78. The consensus estimate for Schlumberger’s current full-year earnings is $3.38 per share. Griffin Securities also issued estimates for Schlumberger’s Q4 2025 earnings at $0.74 EPS, FY2025 earnings at $2.86 EPS, Q1 2026 earnings at $0.64 EPS, Q2 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.76 EPS, Q4 2026 earnings at $0.83 EPS and FY2026 earnings at $2.95 EPS.

SLB has been the subject of a number of other reports. JPMorgan Chase & Co. cut their price target on shares of Schlumberger from $46.00 to $44.00 and set an “overweight” rating for the company in a report on Monday, June 30th. Atb Cap Markets raised shares of Schlumberger from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 1st. UBS Group lifted their price target on shares of Schlumberger from $44.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, July 2nd. Piper Sandler dropped their price target on Schlumberger from $44.00 to $42.00 and set a “neutral” rating on the stock in a report on Friday, July 18th. Finally, Susquehanna reduced their price objective on Schlumberger from $44.00 to $42.00 and set a “positive” rating for the company in a research note on Monday. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $49.28.

Schlumberger Stock Up 2.3%

SLB stock opened at $35.14 on Wednesday. The firm’s 50-day moving average is $34.76 and its two-hundred day moving average is $37.45. The company has a market capitalization of $47.80 billion, a price-to-earnings ratio of 12.04, a price-to-earnings-growth ratio of 9.45 and a beta of 1.01. Schlumberger has a 52 week low of $31.11 and a 52 week high of $49.31. The company has a current ratio of 1.31, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51.

Schlumberger (NYSE:SLB) last posted its quarterly earnings data on Friday, July 18th. The oil and gas company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.01. The business had revenue of $8.55 billion during the quarter, compared to the consensus estimate of $8.51 billion. Schlumberger had a net margin of 11.53% and a return on equity of 20.99%. The company’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.85 earnings per share.

Institutional Trading of Schlumberger

Several hedge funds and other institutional investors have recently modified their holdings of SLB. Tectonic Advisors LLC raised its holdings in Schlumberger by 71.0% during the second quarter. Tectonic Advisors LLC now owns 21,007 shares of the oil and gas company’s stock valued at $710,000 after buying an additional 8,721 shares in the last quarter. Narwhal Capital Management lifted its holdings in Schlumberger by 106.0% in the 2nd quarter. Narwhal Capital Management now owns 117,557 shares of the oil and gas company’s stock worth $3,973,000 after purchasing an additional 60,482 shares during the last quarter. DMC Group LLC boosted its position in Schlumberger by 3.7% during the second quarter. DMC Group LLC now owns 17,958 shares of the oil and gas company’s stock worth $607,000 after purchasing an additional 646 shares during the period. BankPlus Trust Department grew its holdings in Schlumberger by 1,083.4% during the second quarter. BankPlus Trust Department now owns 6,000 shares of the oil and gas company’s stock valued at $203,000 after purchasing an additional 5,493 shares during the last quarter. Finally, Shell Asset Management Co. raised its position in shares of Schlumberger by 48.1% in the second quarter. Shell Asset Management Co. now owns 62,737 shares of the oil and gas company’s stock valued at $2,121,000 after purchasing an additional 20,387 shares during the period. 81.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Schlumberger

In other news, Director La Chevardiere Patrick De sold 5,000 shares of the business’s stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $33.58, for a total transaction of $167,900.00. Following the transaction, the director directly owned 23,525 shares in the company, valued at $789,969.50. The trade was a 17.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.26% of the stock is currently owned by insiders.

Schlumberger Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Wednesday, September 3rd will be paid a $0.285 dividend. The ex-dividend date is Wednesday, September 3rd. This represents a $1.14 annualized dividend and a yield of 3.24%. Schlumberger’s dividend payout ratio is presently 39.04%.

About Schlumberger

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.