NOV Inc. (NYSE:NOV - Free Report) - Research analysts at Atb Cap Markets upped their Q3 2025 earnings per share (EPS) estimates for NOV in a research note issued to investors on Wednesday, February 5th. Atb Cap Markets analyst W. Syed now expects that the oil and gas exploration company will earn $0.37 per share for the quarter, up from their prior forecast of $0.36. Atb Cap Markets currently has a "Hold" rating on the stock. The consensus estimate for NOV's current full-year earnings is $1.42 per share. Atb Cap Markets also issued estimates for NOV's Q4 2025 earnings at $0.43 EPS, Q4 2026 earnings at $0.48 EPS and FY2026 earnings at $1.62 EPS.
Several other research analysts also recently commented on the stock. Stifel Nicolaus dropped their price objective on shares of NOV from $25.00 to $24.00 and set a "buy" rating for the company in a report on Monday, October 28th. Wells Fargo & Company dropped their price target on NOV from $16.00 to $15.00 and set an "underweight" rating for the company in a research note on Monday, November 4th. Royal Bank of Canada lifted their price objective on NOV from $21.00 to $22.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 6th. ATB Capital reissued a "sector perform" rating and issued a $19.00 target price on shares of NOV in a report on Tuesday, December 10th. Finally, Citigroup lowered shares of NOV from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $21.00 to $18.00 in a research report on Monday, November 11th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, NOV presently has an average rating of "Hold" and an average target price of $19.53.
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NOV Price Performance
Shares of NYSE:NOV traded down $0.07 during midday trading on Monday, reaching $15.92. 3,519,365 shares of the company were exchanged, compared to its average volume of 3,933,037. The stock has a market cap of $6.19 billion, a PE ratio of 9.89, a price-to-earnings-growth ratio of 1.00 and a beta of 1.64. The business's fifty day moving average is $14.91 and its two-hundred day moving average is $16.05. NOV has a one year low of $13.94 and a one year high of $21.20. The company has a current ratio of 2.46, a quick ratio of 1.65 and a debt-to-equity ratio of 0.26.
NOV (NYSE:NOV - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The oil and gas exploration company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.06. NOV had a net margin of 7.16% and a return on equity of 9.88%.
Hedge Funds Weigh In On NOV
Several hedge funds and other institutional investors have recently modified their holdings of NOV. Pacer Advisors Inc. increased its stake in NOV by 12,344.0% during the 4th quarter. Pacer Advisors Inc. now owns 12,309,433 shares of the oil and gas exploration company's stock valued at $179,718,000 after purchasing an additional 12,210,514 shares in the last quarter. Pzena Investment Management LLC grew its holdings in shares of NOV by 22.3% during the third quarter. Pzena Investment Management LLC now owns 43,027,106 shares of the oil and gas exploration company's stock valued at $687,143,000 after buying an additional 7,851,220 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in shares of NOV by 23.1% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 37,153,173 shares of the oil and gas exploration company's stock valued at $593,336,000 after acquiring an additional 6,963,660 shares during the period. First Pacific Advisors LP purchased a new position in NOV in the 4th quarter worth $39,495,000. Finally, Weiss Asset Management LP acquired a new stake in NOV during the 3rd quarter worth about $35,709,000. 93.27% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at NOV
In other NOV news, Director David D. Harrison sold 1,784 shares of the firm's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $16.10, for a total value of $28,722.40. Following the completion of the sale, the director now owns 110,951 shares of the company's stock, valued at approximately $1,786,311.10. This trade represents a 1.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.85% of the company's stock.
About NOV
(
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NOV Inc designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.
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