Q3 Earnings Forecast for NOV Issued By Capital One Financial

NOV Inc. (NYSE:NOV) – Investment analysts at Capital One Financial reduced their Q3 2025 earnings per share (EPS) estimates for shares of NOV in a report released 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 research firms have also weighed in on NOV. TD Cowen dropped their price objective on shares of NOV from $28.00 to $22.00 and set a “buy” rating on the stock in a research note on Monday, October 28th. Citigroup lowered shares of NOV from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $21.00 to $18.00 in a research note on Monday, November 11th. Wells Fargo & Company reduced their price objective on shares of NOV from $16.00 to $15.00 and set an “underweight” rating for the company in a research report on Monday, November 4th. Bank of America dropped their target price on NOV from $22.00 to $20.00 and set a “buy” rating on the stock in a research report on Monday, October 14th. Finally, Morgan Stanley reduced their price target on NOV from $25.00 to $23.00 and set an “overweight” rating for the company in a report on Monday, September 16th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $21.64.

NOV Trading Down 1.5 %

NYSE:NOV opened at $16.00 on Monday. NOV has a 12-month low of $14.98 and a 12-month high of $21.23. 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 stock’s 50 day simple moving average is $16.05 and its 200-day simple moving average is $17.40. The firm has a market cap of $6.23 billion, a P/E ratio of 5.90, a PEG ratio of 0.96 and a beta of 1.66.

NOV Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be given a $0.075 dividend. The ex-dividend date of this dividend is Friday, December 6th. This represents a $0.30 annualized dividend and a dividend yield of 1.88%. NOV’s dividend payout ratio is presently 11.07%.

Insider Buying and Selling

In other NOV news, Director David D. Harrison sold 1,784 shares of the company’s 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 transaction, the director now directly owns 110,951 shares in the company, valued at approximately $1,786,311.10. This represents a 1.58 % decrease in their position. The transaction 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.

Institutional Trading of NOV

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Rothschild Investment LLC purchased a new stake in NOV in the 2nd quarter valued at about $28,000. Quarry LP acquired a new position in NOV during the third quarter worth approximately $36,000. American National Bank & Trust purchased a new position in NOV during the third quarter worth approximately $39,000. International Assets Investment Management LLC boosted its holdings in shares of NOV by 1,590.1% in 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 during the last quarter. Finally, Brooklyn Investment Group purchased a new stake in shares of NOV during the 3rd quarter valued at $48,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

About NOV

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.