Recent market attention has focused on Schlumberger Limited (SLB), as numerous investment firms, hedge funds, and advisors have been adjusting their stock holdings in this water and energy company. Among these are M&T Bank Corp, Victory Capital Management, QRG Capital Management, Aigen Investment Management, and Fisher Asset Management, with each reporting increased stakes in SLB. However, some entities, like Candriam S.C.A and Duncker Streett & Co., have lowered their holdings. Meanwhile, several entities, including SVB Wealth and First American Bank, have started new investments in the company.
Market Analysts and TV personality Jim Cramer have often expressed optimism about SLB, with bullish forecasts and recognition of SLB's pioneering roles in energy and carbon management as well as innovation in AI. Notably, however, SLB also saw a high volume of call options purchased. Actual performance, however, has been less stellar, with minor declines seen, alongside an insider selling event. Despite this, calls for investment persist with numerous firms increasing their positions or making new investments.
With strong growth expected from both the water and energy sectors and advancements in AI, Schlumberger remains one of the companies attracting investor attention.
Schlumberger Limited SLB News Analytics from Tue, 27 Aug 2024 07:00:00 GMT to Sat, 08 Mar 2025 21:19:41 GMT - Rating 7 - Innovation 8 - Information 5 - Rumor -2
