Oceaneering International (NYSE:OII) SVP Sells $400,664.64 in Stock

Oceaneering International, Inc. (NYSE:OII) SVP Jennifer Fremont Simons sold 10,284 shares of Oceaneering International stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $38.96, for a total value of $400,664.64. Following the completion of the transaction, the senior vice president directly owned 35,387 shares in the company, valued at $1,378,677.52. This trade represents a 22.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Jennifer Fremont Simons also recently made the following trade(s):

• On Monday, January 5th, Jennifer Fremont Simons sold 29,155 shares of Oceaneering International stock. The stock was sold at an average price of $26.35, for a total transaction of $768,234.25.

Oceaneering International Trading Down 0.8%

NYSE:OII traded down $0.31 during midday trading on Thursday, reaching $37.61. 1,160,091 shares of the stock traded hands, compared to its average volume of 1,291,549. The stock has a market capitalization of $3.74 billion, a P/E ratio of 10.75 and a beta of 1.26. Oceaneering International, Inc. has a 12 month low of $15.46 and a 12 month high of $39.00. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.68 and a current ratio of 1.99. The company has a fifty day moving average of $29.03 and a 200 day moving average of $25.81.

Oceaneering International (NYSE:OII) last issued its quarterly earnings data on Wednesday, February 18th. The oil and gas company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.44 by $0.01. The firm had revenue of $668.57 million during the quarter, compared to the consensus estimate of $678.16 million. Oceaneering International had a net margin of 12.71% and a return on equity of 21.58%. The company’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.37 earnings per share. On average, research analysts predict that Oceaneering International, Inc. will post 1.78 EPS for the current year.

Institutional Investors Weigh In On Oceaneering International

A number of institutional investors have recently modified their holdings of OII. Salomon & Ludwin LLC purchased a new position in shares of Oceaneering International in the 3rd quarter worth about $26,000. Wilmington Savings Fund Society FSB bought a new position in shares of Oceaneering International in the third quarter worth approximately $28,000. Quarry LP purchased a new stake in shares of Oceaneering International during the third quarter valued at approximately $30,000. SBI Securities Co. Ltd. grew its holdings in shares of Oceaneering International by 255.1% during the third quarter. SBI Securities Co. Ltd. now owns 1,392 shares of the oil and gas company’s stock valued at $34,000 after buying an additional 1,000 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Oceaneering International by 335.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,442 shares of the oil and gas company’s stock valued at $30,000 after acquiring an additional 1,111 shares in the last quarter. 93.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Wall Street Zen raised Oceaneering International from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Barclays boosted their price target on shares of Oceaneering International from $23.00 to $32.00 and gave the company an “equal weight” rating in a research report on Monday. Weiss Ratings upgraded shares of Oceaneering International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Zacks Research raised Oceaneering International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. Finally, TD Cowen raised their target price on Oceaneering International from $25.00 to $27.00 and gave the company a “hold” rating in a research note on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Oceaneering International currently has an average rating of “Moderate Buy” and an average target price of $28.00.

More Oceaneering International News

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

• Positive Sentiment: Analyst upgrade pushed short-term optimism — OII briefly traded up after an analyst upgrade that cited stronger outlook/valuation support. Oceaneering International (NYSE:OII) Trading Up 6.5% Following Analyst Upgrade
• Positive Sentiment: Barclays published a bullish forecast calling for significant price appreciation, giving longer-term fundamental support for the shares. Barclays Forecasts Strong Price Appreciation for Oceaneering International (NYSE:OII) Stock
• Neutral Sentiment: Market-note: coverage highlighted OII reaching a 52‑week high, reflecting strength in the NYSE composite — a positive momentum signal but not a direct company event. Oceaneering International (NYSE:OII) 52-Week High Reflects Strength In NYSE Composite
• Negative Sentiment: Large insider selling by the COO — Benjamin Laura sold ~38,282 shares across Feb. 25–26 (reducing his stake ~42%), a sizeable disposal that can signal liquidity-taking or raise governance/conviction concerns. Benjamin Laura Form 4 (SEC)
• Negative Sentiment: Multiple senior VPs executed meaningful sales — Earl Childress (~22,518 shares), Holly Kriendler (~24,805 shares across two days), Jennifer Fremont Simons (~10,284), and Christopher Dyer (~6,000) — many cuts reduced individual positions by ~20–39%, adding to downward pressure on sentiment. Earl Childress Form 4 (SEC) — representative
• Negative Sentiment: Director sale: Karen H. Beachy sold 9,800 shares (~30% reduction in her position), another governance/conviction signal that investors interpret negatively. Karen H. Beachy Form 4 (SEC)

Oceaneering International Company Profile

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.