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 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
93% more call options, than puts
Call options by funds: $36M | Put options by funds: $18.7M
67% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 5 (+2) [Q1 2025]
21% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 61
13% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 142
1% more funds holding
Funds holding: 429 [Q4 2024] → 435 (+6) [Q1 2025]
1% more capital invested
Capital invested by funds: $5.54B [Q4 2024] → $5.61B (+$68.7M) [Q1 2025]
0.69% less ownership
Funds ownership: 97.53% [Q4 2024] → 96.84% (-0.69%) [Q1 2025]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Morgan Stanley Elizabeth Porter | 23%upside $15 | Overweight Maintained | 16 May 2025 |
Wells Fargo Roger Read | 10%downside $11 | Underweight Maintained | 1 May 2025 |
Piper Sandler Luke Lemoine | 31%upside $16 | Neutral Maintained | 1 May 2025 |
Barclays David Anderson | 10%downside $11 | Underweight Maintained | 30 Apr 2025 |
JP Morgan Arun Jayaram | 39%upside $17 | Overweight Maintained | 30 Apr 2025 |
Financial journalist opinion
Based on 6 articles about NOV published over the past 30 days









