Seaport Res Ptn Issues Pessimistic Outlook for NOV Earnings

NOV Inc. (NYSE:NOV) – Equities researchers at Seaport Res Ptn lowered their Q2 2025 earnings per share (EPS) estimates for shares of NOV in a research note issued on Monday, February 10th. Seaport Res Ptn analyst T. Curran now anticipates that the oil and gas exploration company will post earnings per share of $0.32 for the quarter, down from their previous forecast of $0.44. Seaport Res Ptn currently has a “Hold” rating on the stock. The consensus estimate for NOV’s current full-year earnings is $1.42 per share. Seaport Res Ptn also issued estimates for NOV’s Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.41 EPS, Q1 2026 earnings at $0.31 EPS, Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $0.41 EPS, Q4 2026 earnings at $0.49 EPS and FY2026 earnings at $1.57 EPS.

NOV (NYSE:NOV) last released its earnings results on Tuesday, February 4th. The oil and gas exploration company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.06. NOV had a return on equity of 9.88% and a net margin of 7.16%.

A number of other research analysts have also recently issued reports on NOV. Raymond James increased their target price on shares of NOV from $18.00 to $19.00 and gave the company an “outperform” rating in a report on Thursday, February 6th. Barclays reduced their price objective on NOV from $16.00 to $12.00 and set an “underweight” rating for the company in a report on Wednesday, December 18th. Atb Cap Markets lowered NOV from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 10th. Stifel Nicolaus dropped their price target on NOV from $25.00 to $24.00 and set a “buy” rating for the company in a research report on Monday, October 28th. Finally, Piper Sandler boosted their price objective on shares of NOV from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $19.53.

NOV Stock Up 2.4 %

Shares of NYSE NOV opened at $16.32 on Wednesday. The stock has a market capitalization of $6.35 billion, a price-to-earnings ratio of 10.13, a price-to-earnings-growth ratio of 1.00 and a beta of 1.64. NOV has a 52 week low of $13.94 and a 52 week high of $21.20. The firm has a 50-day moving average price of $14.90 and a 200 day moving average price of $16.06. The company has a quick ratio of 1.65, a current ratio of 2.46 and a debt-to-equity ratio of 0.26.

Institutional Investors Weigh In On NOV

Hedge funds and other institutional investors have recently made changes to their positions in the business. Pacer Advisors Inc. lifted its position in NOV by 12,344.0% during the fourth quarter. Pacer Advisors Inc. now owns 12,309,433 shares of the oil and gas exploration company’s stock worth $179,718,000 after buying an additional 12,210,514 shares during the period. Pzena Investment Management LLC increased its stake in shares of NOV by 22.3% during the 3rd 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 acquiring an additional 7,851,220 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of NOV by 23.1% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 37,153,173 shares of the oil and gas exploration company’s stock worth $593,336,000 after acquiring an additional 6,963,660 shares during the period. First Pacific Advisors LP acquired a new stake in shares of NOV in the fourth quarter worth approximately $39,495,000. Finally, Weiss Asset Management LP acquired a new stake in shares of NOV in the third quarter worth approximately $35,709,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Insider Buying and Selling

In other NOV news, Director David D. Harrison sold 1,784 shares of the business’s stock in a transaction on 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 transaction, the director now directly owns 110,951 shares in the company, valued at approximately $1,786,311.10. The trade was a 1.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.85% of the stock is owned by company insiders.

NOV Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend was Friday, December 6th. NOV’s payout ratio is 18.63%.

About NOV

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.