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Phoenix Financial Ltd. invested heavily in Schlumberger, which reported strong Q2 earnings and announced a dividend.
Phoenix Financial Ltd. bought $234,000 worth of Schlumberger Limited (SLB) shares.
Schlumberger, a major oil and gas company, reported Q2 earnings and revenue slightly above analyst expectations, with an EPS of $0.74 and revenue of $8.55 billion.
The company has a market cap of $48.26 billion, a P/E ratio of 12.15, and an average target price of $49.28.
Schlumberger also announced a quarterly dividend of $0.285 per share.
Multiple financial firms have increased their holdings in Schlumberger recently, indicating confidence in the company's future performance.
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Phoenix Financial Ltd. invirtió fuertemente en Schlumberger, que reportó fuertes ganancias del segundo trimestre y anunció un dividendo.