Equities Analysts Offer Predictions for NOV Q2 Earnings

NOV Inc. (NYSE:NOV) – Zacks Research dropped their Q2 2025 earnings per share (EPS) estimates for NOV in a note issued to investors on Thursday, January 30th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas exploration company will post earnings of $0.33 per share for the quarter, down from their prior forecast 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.

A number of other brokerages have also weighed in on NOV. Seaport Res Ptn lowered shares of NOV from a “strong-buy” rating to a “hold” rating in a research report on Sunday, January 5th. Evercore ISI restated an “in-line” rating and set a $18.00 price objective (down previously from $25.00) on shares of NOV in a research report on Wednesday, January 15th. Wells Fargo & Company lowered their target price on NOV from $16.00 to $15.00 and set an “underweight” rating for the company in a report on Monday, November 4th. BMO Capital Markets reduced their price target on NOV from $22.00 to $20.00 and set a “market perform” rating on the stock in a report on Thursday, October 10th. Finally, Stifel Nicolaus cut their target price on shares of NOV from $25.00 to $24.00 and set a “buy” rating on the stock in a research report on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, NOV presently has an average rating of “Hold” and a consensus target price of $20.00.

NOV Trading Down 0.2 %

NOV opened at $14.44 on Monday. The company has a market cap of $5.62 billion, a P/E ratio of 5.33, a PEG ratio of 0.92 and a beta of 1.66. 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 company’s 50 day moving average is $14.99 and its 200-day moving average is $16.22. NOV has a 1-year low of $13.94 and a 1-year high of $21.20.

NOV Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were issued a $0.075 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.08%. NOV’s dividend payout ratio is presently 11.07%.

Insider Activity at NOV

In other news, Director David D. Harrison sold 1,784 shares of the stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $16.10, for a total value 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 represents a 1.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.85% of the stock is owned by insiders.

Institutional Investors Weigh In On NOV

Several institutional investors and hedge funds have recently added to or reduced their stakes in NOV. Pzena Investment Management LLC grew its holdings in shares of NOV by 22.3% in the third 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 in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its position in 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 worth $593,336,000 after purchasing an additional 6,963,660 shares during the last quarter. Pacer Advisors Inc. grew its stake in NOV by 12,344.0% in the 4th 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 purchasing an additional 12,210,514 shares during the period. Van ECK Associates Corp increased its position in shares of NOV by 22.1% during the 4th quarter. Van ECK Associates Corp now owns 5,182,044 shares of the oil and gas exploration company’s stock valued at $75,658,000 after purchasing an additional 938,866 shares during the last quarter. Finally, Greenhaven Associates Inc. boosted its holdings in shares of 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 worth $48,049,000 after buying an additional 1,255,666 shares during the last quarter. Hedge funds and other institutional investors own 93.27% 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.