NOV INC.
boothcheck covers NOV INC. (NOV) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed June 27, 2026.
• NOV makes the heavy capital equipment and consumable parts that drilling and energy companies need worldwide, with about 66% of 2025 revenue from outside the United States ⟦Approximately 66% of our revenues in 2025 were derived from operations outside the⟧, so its fortunes track global energy capital spending more than the U.S. rig count. • The defining risk is the cycle: at a 4.5% trailing operating margin the business is near a trough, and the price is cheap only if mid-cycle economics retur
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446 institutional managers reported holding NOV in 13F filings for the quarter ended 2026-03-31. 72 opened new positions that quarter. Held by Vanguard Group, BlackRock, Pzena Investment Management, among others. On the short side, 30.5M shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (9.2 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
NOV has cut its share count 6.5% over the past five years, spending $611.00M on repurchases. It pays a dividend, and has for 4 years running, raised 2 years straight; the current rate is $0.51 a share annually. Cash returned over the past three years: $370.00M in dividends and $611.00M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at NOV over the trailing three years: 2025: 2 buys totaling $1.01M. 17 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
NOV's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-28 | +2.6% | +8.0% |
| 2023-10-28 | +2.7% | +3.5% |
| 2024-02-15 | -11.3% | +5.4% |
| 2024-04-27 | -0.5% | +0.7% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
NOV's latest 8-K filings: 2026-07-29 (items 2.02, 9.01); 2026-05-22 (items 5.07, 8.01, 9.01); 2026-04-28 (items 2.02, 9.01); 2026-04-15 (items 2.02, 9.01); 2026-03-18 (items 5.02).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.