Seaport Res Ptn Analysts Lower Earnings Estimates for NOV

NOV Inc. (NYSE:NOV) – Investment analysts at Seaport Res Ptn decreased their Q2 2025 earnings per share (EPS) estimates for NOV in a research report 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 prior 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.

Several other equities analysts also recently weighed in on the company. Citigroup downgraded NOV from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $21.00 to $18.00 in a research report on Monday, November 11th. Stifel Nicolaus reduced their target price on NOV from $25.00 to $24.00 and set a “buy” rating on the stock in a research report on Monday, October 28th. Royal Bank of Canada increased their target price on NOV from $21.00 to $22.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 6th. Atb Cap Markets downgraded NOV from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Finally, ATB Capital restated a “sector perform” rating and issued a $19.00 price objective on shares of NOV in a report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, NOV presently has a consensus rating of “Hold” and a consensus price target of $19.53.

NOV Stock Performance

NYSE NOV opened at $15.92 on Wednesday. The business’s 50-day moving average price is $14.91 and its 200 day moving average price is $16.05. NOV has a twelve month low of $13.94 and a twelve month high of $21.20. The company has a market capitalization 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 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) last posted its quarterly earnings data 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%.

Institutional Investors Weigh In On NOV

Hedge funds have recently bought and sold shares of the business. Harbor Capital Advisors Inc. grew its stake in NOV by 10.8% during the 4th quarter. Harbor Capital Advisors Inc. now owns 581,446 shares of the oil and gas exploration company’s stock valued at $8,489,000 after purchasing an additional 56,665 shares in the last quarter. Barclays PLC grew its stake in NOV by 120.1% during the 3rd quarter. Barclays PLC now owns 473,545 shares of the oil and gas exploration company’s stock valued at $7,561,000 after purchasing an additional 258,392 shares in the last quarter. Greenhaven Associates Inc. grew its stake in NOV by 61.7% during the 4th quarter. Greenhaven Associates Inc. now owns 3,291,042 shares of the oil and gas exploration company’s stock valued at $48,049,000 after purchasing an additional 1,255,666 shares in the last quarter. International Assets Investment Management LLC grew its stake in NOV by 1,590.1% during the 3rd quarter. International Assets Investment Management LLC now owns 2,907 shares of the oil and gas exploration company’s stock valued at $46,000 after purchasing an additional 2,735 shares in the last quarter. Finally, Bank of Montreal Can grew its position in shares of NOV by 519.1% in the 3rd quarter. Bank of Montreal Can now owns 438,068 shares of the oil and gas exploration company’s stock worth $7,000,000 after acquiring an additional 367,308 shares in the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

Insider Activity

In other NOV news, Director David D. Harrison sold 1,784 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $16.10, for a total transaction of $28,722.40. Following the completion of the sale, the director now owns 110,951 shares in the company, valued at $1,786,311.10. This trade represents a 1.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.85% of the company’s stock.

NOV Company Profile

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.