First Eagle Investment Management Adds $64M in Noble Corporation plc ($NE)

Key Points

  • First Eagle Investment Management changed its Noble Corporation plc ($NE) stake by 11.2% last quarter, boosting to 13,561,846 shares worth $636.46 million.
  • Wall Street's consensus rating on $NE is Buy and an average price target of $50.00.
  • $NE last traded around $46.93.

First Eagle Investment Management increased its position in Noble Corporation plc ($NE) by 11.2% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,561,846 shares of Noble Corporation plc after buying 1,366,021 shares during the quarter. First Eagle Investment Management's holdings in Noble Corporation plc were worth $636.46 million as of its most recent filing.

Noble Corporation plc ($NE) Stock

Last price$46.93
Market cap$7.49B
P/E ratio32.82
Forward P/E18.27
Beta0.90
52-week low$25.24
52-week high$54.98
50-day MA$49.32
200-day MA$38.00
Current ratio1.99
Quick ratio1.86
Debt-to-equity0.43

Noble Corporation plc Earnings

EPS (ttm)$1.43
Revenue (ttm)$3.02B
Revenue growth-10.8%
Net margin7.6%
Return on equity5.0%
Next earningsJul 30, 2026

Noble Corporation plc Dividend

Annual dividend$2.00
Dividend yield426.00%
Payout ratio139.9%
Ex-dividend dateJun 4, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$50.00
High target$59.00
Low target$32.00
Analysts covering10

About Noble Corporation plc

Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It provides contract drilling services through its fleet of mobile offshore drilling units. The company also operates drilling rigs, such as floaters and jackups. It serves its fleets in Africa, the Far East Asia, the North Sea, the Oceania, South America, and the United States Gulf of America. Noble Corporation plc was founded in 1921 and is headquartered in Houston, Texas.

ExchangeNYSE
SectorEnergy
IndustryOil & Gas Drilling
HeadquartersHouston, TX
CEOMr. Robert W. Eifler
Employees4,500

See Also

This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.