Recent market developments showcase mixed reactions towards Schlumberger Limited (NYSE:SLB). Notably, Exencial Wealth Advisors LLC, Cibc World Markets Corp, KBC Group NV, Winslow Capital Management LLC, and Assetmark Inc. increased their shareholding in the company. Contrastingly, insiders including Bejar Carmen Rando and President New Energy Gavin Rennick collectively sold over 5000 shares. Additionally, the company's position was lessened by Steward Partners Investment Advisory LLC and Advisory Services Network LLC. The company announced a dividend payment of $0.275. Its recent Q4 and full-year 2023 performance results surpassed expectations, further solidifying speculations around its strong fundamental performance. Lastly, analysts are increasingly optimistic regarding SLB, updating their estimates, highlighting its robust financial position, and potentially deeming its CEO's compensation package as deserved. Nonetheless, the company experienced some dips in performance with significant impact including a recent $5.1b market cap drop.
Schlumberger Limited SLB News Analytics from Fri, 20 Oct 2023 07:00:00 GMT to Sun, 09 Jun 2024 14:17:29 GMT - Rating -3 - Innovation 7 - Information 8 - Rumor 3