1. Schlumberger (SLB) is acquiring ChampionX Corp. (CHX) effective July 16. 2. ChampionX will be deleted from the S&P MidCap 400 on July 18. 3. AeroVironment (AVAV) is replacing ChampionX in the S&P MidCap 400. 4. Victory Capital Holdings is replacing AeroVironment in the S&P SmallCap 600. 5. S&P 500's actions reflect ongoing market adjustments impacting stock positions.
The acquisition may strengthen Schlumberger's market position, enhancing revenue potential, akin to past successful acquisitions that boosted SLB's operational capabilities.
The acquisition is significant as it enhances SLB's portfolio and market strength, suggesting potential growth.
The immediate acquisition can influence stock price sentiment, but longer-term benefits depend on integration success and market conditions.
NEW YORK, July 15, 2025 /PRNewswire/ -- AeroVironment Inc. (NASD: AVAV) will replace ChampionX Corp. (NASD: CHX) in the S&P MidCap 400, and Victory Capital Holdings Inc. (NASD: VCTR) will replace AeroVironment in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 18. S&P 500 constituent Schlumberger Ltd. (NYSE: SLB) is acquiring ChampionX in a deal expected to be completed July 16, pending final closing conditions.
| Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector |
|---|---|---|---|---|---|
| July 18, 2025 | S&P MidCap 400 | Addition | AeroVironment | AVAV | Industrials |
| July 18, 2025 | S&P MidCap 400 | Deletion | ChampionX | CHX | Energy |
| July 18, 2025 | S&P SmallCap 600 | Addition | Victory Capital Holdings | VCTR | Financials |
| July 18, 2025 | S&P SmallCap 600 | Deletion | AeroVironment | AVAV | Industrials |
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