Zacks Research Weighs in on NOV’s Q2 Earnings (NYSE:NOV)

NOV Inc. (NYSE:NOV) – Equities researchers at Zacks Research decreased their Q2 2025 earnings per share (EPS) estimates for shares of NOV in a note issued to investors on Thursday, January 30th. Zacks Research analyst N. Choudhury now anticipates that the oil and gas exploration company will earn $0.33 per share for the quarter, down from their previous estimate of $0.37. The consensus estimate for NOV’s current full-year earnings is $1.53 per share. Zacks Research also issued estimates for NOV’s Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.37 EPS, FY2025 earnings at $1.34 EPS, Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $0.37 EPS, Q4 2026 earnings at $0.41 EPS and FY2026 earnings at $1.45 EPS.

NOV has been the subject of several other research reports. Atb Cap Markets downgraded NOV from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Susquehanna reduced their price target on shares of NOV from $22.00 to $21.00 and set a “positive” rating on the stock in a research report on Monday, October 28th. Barclays lowered their price objective on shares of NOV from $16.00 to $12.00 and set an “underweight” rating for the company in a research report on Wednesday, December 18th. Seaport Res Ptn downgraded NOV from a “strong-buy” rating to a “hold” rating in a research report on Sunday, January 5th. Finally, Citigroup cut NOV from a “buy” rating to a “neutral” rating and decreased their price target for the company from $21.00 to $18.00 in a report on Monday, November 11th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, NOV currently has a consensus rating of “Hold” and an average target price of $20.00.

NOV Stock Performance

Shares of NYSE:NOV opened at $14.44 on Monday. The business’s fifty day moving average price is $14.99 and its two-hundred day moving average price is $16.22. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.57 and a quick ratio of 1.65. NOV has a fifty-two week low of $13.94 and a fifty-two week high of $21.20. The stock has a market capitalization of $5.62 billion, a price-to-earnings ratio of 5.33, a price-to-earnings-growth ratio of 0.92 and a beta of 1.66.

Institutional Investors Weigh In On NOV

Hedge funds and other institutional investors have recently modified their holdings of the company. Pzena Investment Management LLC boosted its holdings in NOV by 22.3% in 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 purchasing an additional 7,851,220 shares during the period. Hotchkis & Wiley Capital Management LLC raised its position in shares of NOV by 23.1% in the third 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 buying an additional 6,963,660 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of NOV by 12,344.0% in the fourth 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 buying an additional 12,210,514 shares during the period. Van ECK Associates Corp grew its position in NOV by 22.1% during the fourth quarter. Van ECK Associates Corp now owns 5,182,044 shares of the oil and gas exploration company’s stock worth $75,658,000 after buying an additional 938,866 shares in the last quarter. Finally, Greenhaven Associates Inc. raised its holdings in NOV by 61.7% in 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 acquiring an additional 1,255,666 shares in the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

Insider Buying and Selling at NOV

In other news, Director David D. Harrison sold 1,784 shares of the 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 transaction, the director now owns 110,951 shares in the company, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.85% of the company’s stock.

NOV Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date of this dividend was 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.