Brokerages Set Oceaneering International, Inc. (NYSE:OII) PT at $25.00

Shares of Oceaneering International, Inc. (NYSE:OIIGet Free Report) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $28.00.

A number of equities analysts have issued reports on OII shares. Barclays upped their target price on Oceaneering International from $23.00 to $32.00 and gave the stock an “equal weight” rating in a report on Monday, February 23rd. Wall Street Zen lowered shares of Oceaneering International from a “buy” rating to a “hold” rating in a report on Sunday. Zacks Research upgraded shares of Oceaneering International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. TD Cowen upped their price target on shares of Oceaneering International from $25.00 to $27.00 and gave the company a “hold” rating in a research report on Monday, November 3rd. Finally, Weiss Ratings raised shares of Oceaneering International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd.

Read Our Latest Report on Oceaneering International

Insider Activity

In other news, SVP Earl Childress sold 22,518 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $37.41, for a total transaction of $842,398.38. Following the completion of the transaction, the senior vice president directly owned 35,577 shares in the company, valued at $1,330,935.57. This trade represents a 38.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Benjamin Laura sold 33,176 shares of Oceaneering International stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $37.51, for a total value of $1,244,431.76. Following the completion of the transaction, the chief operating officer directly owned 45,911 shares in the company, valued at approximately $1,722,121.61. This represents a 41.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 140,844 shares of company stock worth $4,972,594. 2.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Morgan Stanley Institutional Investment Advisors LLC bought a new stake in shares of Oceaneering International in the 4th quarter valued at $94,847,000. Balyasny Asset Management L.P. lifted its holdings in Oceaneering International by 916.6% in the second quarter. Balyasny Asset Management L.P. now owns 1,361,917 shares of the oil and gas company’s stock valued at $28,219,000 after buying an additional 1,227,950 shares during the period. Brown Advisory Inc. boosted its position in Oceaneering International by 12.2% during the second quarter. Brown Advisory Inc. now owns 7,345,637 shares of the oil and gas company’s stock valued at $152,202,000 after acquiring an additional 799,718 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Oceaneering International by 94.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 763,907 shares of the oil and gas company’s stock worth $18,930,000 after acquiring an additional 371,586 shares during the period. Finally, Tudor Investment Corp ET AL raised its position in shares of Oceaneering International by 210.8% in the 3rd quarter. Tudor Investment Corp ET AL now owns 491,928 shares of the oil and gas company’s stock worth $12,190,000 after acquiring an additional 333,666 shares in the last quarter. Institutional investors own 93.93% of the company’s stock.

Oceaneering International Price Performance

Shares of NYSE:OII opened at $35.50 on Friday. Oceaneering International has a one year low of $15.46 and a one year high of $39.00. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.99 and a quick ratio of 1.68. The company has a market cap of $3.53 billion, a price-to-earnings ratio of 10.14 and a beta of 1.26. The firm has a 50 day simple moving average of $29.55 and a 200 day simple moving average of $26.02.

Oceaneering International (NYSE:OIIGet Free Report) last announced its quarterly earnings results on Wednesday, February 18th. The oil and gas company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.01. Oceaneering International had a net margin of 12.71% and a return on equity of 21.58%. The company had revenue of $668.57 million during the quarter, compared to the consensus estimate of $678.16 million. During the same period in the prior year, the business earned $0.37 earnings per share. The company’s revenue for the quarter was down 6.3% compared to the same quarter last year. Research analysts predict that Oceaneering International will post 1.78 earnings per share for the current fiscal year.

Key Oceaneering International News

Here are the key news stories impacting Oceaneering International this week:

  • Positive Sentiment: Momentum/technical — OII recently reached a 52‑week high, which can attract momentum traders and institutional interest. Article Title
  • Positive Sentiment: Analyst support — several outlets have upgraded or raised outlooks recently and MarketBeat shows a consensus near “Moderate Buy,” giving the stock some fundamental/coverage support. Article Title
  • Neutral Sentiment: Mixed quarterly results — Q4 EPS of $0.45 slightly beat consensus ($0.44) but revenue (~$668.6M) missed estimates and declined year‑over‑year, signaling profitability resilience but softer top‑line momentum. Article Title
  • Negative Sentiment: Large, concentrated insider selling — multiple senior executives (COO, SVPs) and a director sold sizable blocks on Feb. 25–26 (collectively ~111.7k shares, roughly $4.2M in proceeds), cutting several insiders’ holdings by 20–42%; that typically creates investor concern and near‑term selling pressure. Article Title
  • Negative Sentiment: SEC Form 4 confirmations — the sales were reported via Form 4 filings (open‑market transactions, not private block transfers), removing ambiguity about motive and amplifying market reaction. Example filing: COO Benjamin Laura. SEC Form 4

Oceaneering International Company Profile

(Get Free Report)

Oceaneering International, Inc is a global provider of engineered services and products primarily to the offshore oil and gas industry, as well as to aerospace, defense, and commercial diving markets. The company specializes in remotely operated vehicles (ROVs), subsea intervention, and inspection services designed to support exploration, production and maintenance activities in challenging underwater environments. In addition to ROV operations, Oceaneering offers asset integrity solutions, specialized tooling, and intervention equipment for pipelines, risers, and flowlines.

Founded in 1964 and headquartered in Houston, Texas, Oceaneering has grown through both organic expansion and strategic acquisitions.

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Analyst Recommendations for Oceaneering International (NYSE:OII)

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