Q3 Earnings Estimate for NOV Issued By Capital One Financial

NOV Inc. (NYSE:NOV) – Stock analysts at Capital One Financial cut their Q3 2025 earnings per share (EPS) 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 forecasts 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.

A number of other brokerages also recently issued reports on NOV. Bank of America reduced their price target on NOV from $22.00 to $20.00 and set a “buy” rating on the stock in a report on Monday, October 14th. TD Cowen reduced their target price on NOV from $28.00 to $22.00 and set a “buy” rating on the stock in a research note on Monday, October 28th. BMO Capital Markets dropped their price target on NOV from $22.00 to $20.00 and set a “market perform” rating for the company in a research note on Thursday, October 10th. Barclays reduced their price objective on shares of NOV from $17.00 to $16.00 and set an “underweight” rating on the stock in a research report on Tuesday, October 29th. Finally, Stifel Nicolaus dropped their target price 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. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $21.64.

NOV Price Performance

NOV stock opened at $16.61 on Monday. The company has a current ratio of 2.57, a quick ratio of 1.65 and a debt-to-equity ratio of 0.26. The firm’s 50-day moving average price is $16.05 and its two-hundred day moving average price is $17.42. The stock has a market capitalization of $6.46 billion, a price-to-earnings ratio of 6.13, a PEG ratio of 0.95 and a beta of 1.66. NOV has a 12-month low of $14.98 and a 12-month high of $21.23.

Institutional Trading of NOV

A number of institutional investors and hedge funds have recently bought and sold shares of NOV. O Shaughnessy Asset Management LLC purchased a new stake in shares of NOV during the first quarter valued at approximately $277,000. Advisors Asset Management Inc. increased its holdings in shares of NOV by 110.0% in the 1st quarter. Advisors Asset Management Inc. now owns 14,903 shares of the oil and gas exploration company’s stock worth $291,000 after purchasing an additional 7,806 shares in the last quarter. Quadrature Capital Ltd raised its stake in shares of NOV by 3.1% in the first 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 last quarter. Lazard Asset Management LLC lifted its holdings in shares of NOV by 157.3% during the first quarter. Lazard Asset Management LLC now owns 8,977 shares of the oil and gas exploration company’s stock valued at $175,000 after purchasing an additional 5,488 shares in the last quarter. Finally, Dynasty Wealth Management LLC purchased a new stake in shares of NOV during the first quarter valued at $320,000. 93.27% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director David D. Harrison sold 1,784 shares of NOV 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 transaction, the director now owns 110,951 shares of the company’s stock, valued at $1,786,311.10. The trade was a 1.58 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.85% of the company’s stock.

NOV Dividend Announcement

The business also recently disclosed 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 1.81%. The ex-dividend date of this dividend is Friday, December 6th. NOV’s payout ratio is 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.