NOV
About: NOV (formerly National Oilwell Varco) is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing. The company operates on a global scale, with international markets contributing nearly two thirds of its annual revenue.
Employees: 33,676
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,112% more call options, than puts
Call options by funds: $44.2M | Put options by funds: $3.65M
12% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 121
0.74% less ownership
Funds ownership: 93.34% [Q1] → 92.6% (-0.74%) [Q2]
3% less capital invested
Capital invested by funds: $7.18B [Q1] → $6.96B (-$215M) [Q2]
7% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 57
1% less funds holding
Funds holding: 396 [Q1] → 392 (-4) [Q2]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Barclays David Anderson 37% 1-year accuracy 13 / 35 met price target | 9%upside $17 | Underweight Maintained | 16 Oct 2024 |
B of A Securities Saurabh Pant 17% 1-year accuracy 1 / 6 met price target | 28%upside $20 | Buy Maintained | 14 Oct 2024 |
Stifel Stephen Gengaro 59% 1-year accuracy 19 / 32 met price target | 60%upside $25 | Buy Maintained | 11 Oct 2024 |
Susquehanna Charles Minervino 28% 1-year accuracy 16 / 58 met price target | 41%upside $22 | Positive Maintained | 11 Oct 2024 |
BMO Capital Phillip Jungwirth 6% 1-year accuracy 1 / 16 met price target | 28%upside $20 | Market Perform Maintained | 10 Oct 2024 |
Financial journalist opinion
Based on 5 articles about NOV published over the past 30 days