SCHEDULE: T. Rowe Price Discloses 6% Stake in Schlumberger
Beneficial Ownership Report
T. Rowe Price Associates, Inc. has reported a 6.0% beneficial ownership stake in Schlumberger Ltd, totaling 81,758,472 common shares as of June 30, 2025.
Summary
- T. Rowe Price Associates, Inc. holds beneficial ownership of 81,758,472 common shares of Schlumberger Ltd.
- This ownership represents 6.0% of the class of securities.
- The firm has sole voting power over 78,562,752 shares.
- Sole dispositive power is held over 81,597,781 shares.
- No shared voting or dispositive power is reported.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Schlumberger Ltd.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.
Industry Context
This filing indicates a significant institutional holding by a major investment adviser, T. Rowe Price, in Schlumberger Ltd, a leading company in the oilfield services industry. Such disclosures provide transparency on large investor positions but do not inherently reflect broader industry trends or competitive dynamics.
Stakeholder Impact
- Shareholders: Provides transparency on a significant institutional holding, which may influence investor perception of institutional confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which requires filing of this statement, reflecting the beneficial ownership snapshot. |
| 08/14/2025 | Date the Schedule 13G Amendment No. 2 was signed by T. Rowe Price Associates, Inc. |
Keywords
Schlumberger, T. Rowe Price, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Investment Adviser, Oilfield Services
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