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: 34,010
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
224% more call options, than puts
Call options by funds: $30.2M | Put options by funds: $9.33M
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
18% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 66
4.42% more ownership
Funds ownership: 93.11% [Q3] → 97.53% (+4.42%) [Q4]
2% more funds holding
Funds holding: 423 [Q3] → 430 (+7) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 150
5% less capital invested
Capital invested by funds: $5.85B [Q3] → $5.54B (-$310M) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Stifel Stephen Gengaro 34% 1-year accuracy 34 / 100 met price target | 88%upside $23 | Buy Maintained | 15 Apr 2025 |
Susquehanna Charles Minervino 32% 1-year accuracy 21 / 66 met price target | 55%upside $19 | Positive Maintained | 14 Apr 2025 |
Goldman Sachs Neil Mehta 41% 1-year accuracy 24 / 59 met price target | 6%upside $13 | Sell Maintained | 10 Apr 2025 |
RBC Capital Keith Mackey 10% 1-year accuracy 2 / 21 met price target | 80%upside $22 | Outperform Upgraded | 24 Mar 2025 |
Barclays David Anderson 27% 1-year accuracy 23 / 84 met price target | 6%upside $13 | Underweight Maintained | 18 Feb 2025 |
Financial journalist opinion
Based on 3 articles about NOV published over the past 30 days









