Schlumberger Limited (SLB) continues to attract significant attention in the energy sector, gaining a reputation as one of the
best large cap energy stocks. There has been substantial movement in the stock, with numerous institutional investors and banks increasing their holdings. Notably,
Toronto Dominion Bank bought 92,108 shares, and
Mackenzie Financial Corp,
111 Capital, and
MassMutual Private Wealth and Trust FSB have also acquired substantial stocks. Furthermore,
Farmers Trust Co. confirmed holdings worth $3.97 million, and
Tidal Investments boasts stock worth $5.56 million. Despite some sales by
Park National Corp OH and
Westwood Holdings Group Inc, general consensus among analysts remains positive, rating
SLB a
Moderate Buy. Notably, hedge funds have marked it as an undervalued investment with potential. The company's planned acquisition of
ChampionX and the uptake of its stock by numerous hedge funds, alongside its promising role in energy and carbon management, further solidify its strong prospects.
Schlumberger Limited SLB News Analytics from Sat, 21 Sep 2024 07:00:00 GMT to Sat, 31 May 2025 18:56:05 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor 6