<div id="readability-page-1"><p>Mitsubishi UFJ Trust &amp; Banking Corp lowered its stake in shares of  SLB Limited (NYSE:SLB - Free Report) by 4.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 620,476 shares of the oil and gas company's stock after selling 28,521 shares during the period. Mitsubishi UFJ Trust &amp; Banking Corp's holdings in SLB were worth $23,814,000 as of its most recent SEC filing.</p><ul><li>3 ETFs to Benefit From Oil Price Surge Without Direct Investment</li></ul><p>Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in  SLB by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 186,455,878 shares of the oil and gas company's stock worth $7,156,177,000 after acquiring an additional 1,080,999 shares during the period.  State Street Corp grew its holdings in shares of  SLB by 7.0% in the third quarter. State Street Corp now owns 83,617,999 shares of the oil and gas company's stock valued at $2,898,037,000 after purchasing an additional 5,466,786 shares in the last quarter.  Dimensional Fund Advisors LP lifted its position in  SLB by 25.2% in the third quarter. Dimensional Fund Advisors LP now owns 15,366,347 shares of the oil and gas company's stock worth $528,217,000 after buying an additional 3,094,764 shares during the last quarter.  Northern Trust Corp lifted its position in  SLB by 10.7% in the third quarter. Northern Trust Corp now owns 15,359,990 shares of the oil and gas company's stock worth $527,923,000 after buying an additional 1,490,859 shares during the last quarter.  Finally, Amundi lifted its position in  SLB by 24.4% in the third quarter. Amundi now owns 14,198,874 shares of the oil and gas company's stock worth $491,139,000 after buying an additional 2,783,134 shares during the last quarter. Institutional investors own  81.99% of the company's stock. </p><h2>SLB Stock Performance</h2><p>SLB opened at $55.63 on Thursday. SLB Limited has a 52-week low of $31.64 and a 52-week high of $56.90. The company has a quick ratio of 0.98, a current ratio of 1.34 and a debt-to-equity ratio of 0.35. The company has a market cap of $83.59 billion, a P/E ratio of 24.29, a price-to-earnings-growth ratio of 3.79 and a beta of 0.69. The firm's 50-day moving average price is $50.56 and its 200-day moving average price is $44.20. </p><ul><li>Fracking Halliburton And The Big Bet South Of The Border </li></ul><p>SLB (NYSE:SLB - Get Free Report) last posted its quarterly earnings data on Saturday, April 25th. The oil and gas company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.01. SLB had a net margin of 9.26% and a return on equity of 15.54%. The firm had revenue of $8.72 billion for the quarter, compared to the consensus estimate of $8.76 billion. During the same quarter in the prior year, the company posted $0.72 earnings per share. The company's revenue for the quarter was up 2.7% compared to the same quarter last year.  As a group, equities analysts anticipate that  SLB Limited will post 2.67 EPS for the current fiscal year. </p><h2>SLB Announces Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Wednesday, June 3rd will be issued a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 2.1%. The ex-dividend date is Wednesday, June 3rd. SLB's dividend payout ratio  is 51.53%. </p><h2>Analysts Set New Price Targets</h2><ul><li>Energy Is Leading in 2026—But Are the Oil Majors Cracking?</li></ul><p>Several analysts have recently weighed in on SLB shares. Royal Bank Of Canada  reiterated an &#34;outperform&#34; rating and set a $61.00 target price on shares of SLB in a research report on Monday. Loop Capital  set a $48.00 target price on SLB in a research note on Tuesday, January 27th. Citigroup lifted their target price on SLB from $53.00 to $56.00 and gave the company a &#34;buy&#34; rating in a research note on Monday, January 26th. TD Cowen lifted their target price on SLB from $55.00 to $66.00 and gave the company a &#34;buy&#34; rating in a research note on Monday. Finally, Stifel Nicolaus boosted their price target on SLB from $56.00 to $61.00 and gave the stock a &#34;buy&#34; rating in a research note on Monday. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned  a Buy rating, three have issued  a Hold rating and one  has issued  a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $58.32.</p><p><b>Check Out Our Latest Stock Analysis on SLB</b></p><h2>SLB Profile</h2> (Free Report)<p>SLB <span>NYSE: SLB<span></span></span>, 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.  </p><p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than SLB</li></ul><p><strong>Want to see what other hedge funds are holding SLB?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SLB Limited (NYSE:SLB - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNMQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNMQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in SLB Right Now?</h2><p>Before you consider SLB, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SLB wasn't on the list.</p><p>While SLB currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Mitsubishi UFJ Trust & Banking Corp reduced its stake in SLB Limited by 4.4%, selling 28,521 shares, leaving it with 620,476 shares valued at $23.81 million. Other institutional investors, including Vanguard and State Street, also adjusted their holdings. SLB's stock opened at $55.63, with a market cap of $83.59 billion. The company reported $0.52 EPS for the last quarter, beating estimates, and declared a quarterly dividend of $0.295. Analysts have set target prices ranging from $48.00 to $66.00, with several recommending a "buy" rating.</p>

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Mitsubishi UFJ Trust & Banking Corp Sells 28,521 Shares of SLB Limited $SLB