Capital One Financial Forecasts NOV’s Q3 Earnings (NYSE:NOV)

NOV Inc. (NYSE:NOV) – Analysts at Capital One Financial lowered their Q3 2025 earnings estimates for shares of NOV in a research report issued to clients and investors on Thursday, November 21st. Capital One Financial analyst D. Becker now anticipates that the oil and gas exploration company will earn $0.38 per share for the quarter, down from their previous forecast of $0.40. The consensus estimate for NOV’s current full-year earnings is $1.59 per share. Capital One Financial also issued estimates for NOV’s FY2025 earnings at $1.46 EPS, Q1 2026 earnings at $0.36 EPS, Q2 2026 earnings at $0.42 EPS, Q3 2026 earnings at $0.44 EPS and FY2026 earnings at $1.71 EPS.

Several other equities research analysts have also commented on the stock. Citigroup lowered shares of NOV from a “buy” rating to a “neutral” rating and cut their price target for the stock from $21.00 to $18.00 in a report on Monday, November 11th. Stifel Nicolaus reduced their price target on shares of NOV from $25.00 to $24.00 and set a “buy” rating for the company in a research report on Monday, October 28th. JPMorgan Chase & Co. decreased their price target on shares of NOV from $23.00 to $22.00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. Royal Bank of Canada reiterated a “sector perform” rating and set a $24.00 price objective on shares of NOV in a research note on Monday, July 29th. Finally, Susquehanna decreased their target price on NOV from $22.00 to $21.00 and set a “positive” rating on the stock in a research report on Monday, October 28th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $21.64.

NOV Stock Down 2.2 %

NOV stock opened at $16.25 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.57 and a quick ratio of 1.65. The stock has a market capitalization of $6.32 billion, a PE ratio of 6.00, a price-to-earnings-growth ratio of 0.96 and a beta of 1.66. The business has a 50 day simple moving average of $16.05 and a 200-day simple moving average of $17.40. NOV has a 12 month low of $14.98 and a 12 month high of $21.23.

Hedge Funds Weigh In On NOV

A number of hedge funds have recently modified their holdings of the business. Mather Group LLC. lifted its position in NOV by 17.2% in the second quarter. Mather Group LLC. now owns 5,706 shares of the oil and gas exploration company’s stock valued at $111,000 after buying an additional 839 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of NOV by 18.2% during the 2nd quarter. GAMMA Investing LLC now owns 5,496 shares of the oil and gas exploration company’s stock worth $104,000 after purchasing an additional 848 shares during the period. Quadrature Capital Ltd boosted its position in shares of NOV by 3.1% during the 1st quarter. Quadrature Capital Ltd now owns 29,481 shares of the oil and gas exploration company’s stock worth $576,000 after purchasing an additional 889 shares during the period. Truist Financial Corp raised its position in NOV by 3.4% in the second quarter. Truist Financial Corp now owns 29,729 shares of the oil and gas exploration company’s stock valued at $565,000 after purchasing an additional 991 shares during the period. Finally, HM Payson & Co. lifted its stake in NOV by 2.1% during the third quarter. HM Payson & Co. now owns 49,000 shares of the oil and gas exploration company’s stock worth $783,000 after purchasing an additional 1,000 shares in the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other NOV news, Director David D. Harrison sold 1,784 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at $1,786,311.10. This trade represents a 1.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.85% of the stock is owned by insiders.

NOV Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date is Friday, December 6th. NOV’s dividend payout ratio (DPR) is presently 11.07%.

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.