SLB Limited's Stock Performance and Institutional Interest
SchlumbergerSchlumberger(US:SLB) Financial Modeling Prep·2026-01-07 20:00

Core Viewpoint - SLB Limited is experiencing positive sentiment from institutional investors, reflected in increased holdings and a raised price target by Susquehanna, indicating a favorable outlook for the company's future performance [1][2][3]. Group 1: Institutional Investor Activity - Community Trust and Investment Co. increased its holdings in SLB by 4.3% during Q3, now owning 426,794 shares valued at approximately $14.7 million [2]. - Synergy Asset Management LLC doubled its stake in SLB, now holding 80,830 shares valued at $2.7 million [3]. - Bank Pictet and Cie Europe AG significantly increased its stake by 1,937.4%, now holding 996,948 shares, indicating growing interest among institutional investors [3]. Group 2: Stock Performance and Market Metrics - SLB's current stock price on the NYSE is $43.18, reflecting a slight decrease of 1.03% or $0.45 [4]. - The stock has traded between $42.72 and $43.90 today, with a yearly high of $45.16 and a low of $31.11, indicating volatility [4]. - The company's market capitalization is approximately $64.5 billion, with a trading volume of 2,436,972 shares, showing active investor interest [4].