Oceaneering International (NYSE:OII) SVP Holly Kriendler Sells 5,798 Shares of Stock

Oceaneering International, Inc. (NYSE:OII) SVP Holly Kriendler sold 5,798 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $37.31, for a total transaction of $216,323.38. Following the sale, the senior vice president directly owned 24,702 shares of the company’s stock, valued at approximately $921,631.62. This represents a 19.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Holly Kriendler also recently made the following trade(s):

• On Wednesday, February 25th, Holly Kriendler sold 19,007 shares of Oceaneering International stock. The stock was sold at an average price of $37.73, for a total value of $717,134.11.

Oceaneering International Price Performance

OII stock opened at $36.78 on Friday. Oceaneering International, Inc. has a 1 year low of $15.46 and a 1 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 firm has a market capitalization of $3.66 billion, a PE ratio of 10.65 and a beta of 1.26. The business has a 50 day simple moving average of $29.31 and a 200-day simple moving average of $25.89.

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

Wall Street Analysts Forecast Growth

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

Key Oceaneering International News

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

• Positive Sentiment: Technical/momentum boost — OII was cited for reaching a 52‑week high, which can attract momentum traders and institutional interest. Read More.
• Positive Sentiment: Analyst upgrades/support — several outlets (Weiss, Wall Street Zen, Zacks) recently moved ratings up or raised outlooks; MarketBeat shows a consensus of “Moderate Buy” and increased attention from analysts. Read More.
• Neutral Sentiment: Quarterly results mixed — Q4 EPS of $0.45 slightly beat consensus ($0.44) but revenue of $668.6M missed estimates (~$678M) and was down year‑over‑year; that suggests profitability resilience but weaker sales momentum. Read More.
• Negative Sentiment: Large, concentrated insider selling — multiple senior executives and a director sold sizable blocks on Feb. 25–26 (collectively ~111.7k shares, roughly $4.2M in proceeds), with several sales cutting individual holdings by 20–42%; this can sap investor confidence and create selling pressure. Read More.
• Negative Sentiment: SEC filings confirm multiple Form 4s (examples include COO Benjamin Laura and others) disclosing the open‑market sales, underscoring that these were reported, not private block transfers. Read More.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Oceaneering International by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 12,371,147 shares of the oil and gas company’s stock worth $297,279,000 after buying an additional 187,707 shares during the period. Brown Advisory Inc. raised its holdings in shares of Oceaneering International by 12.2% in the 2nd quarter. Brown Advisory Inc. now owns 7,345,637 shares of the oil and gas company’s stock valued at $152,202,000 after buying an additional 799,718 shares during the period. State Street Corp lifted its stake in Oceaneering International by 4.9% during the 4th quarter. State Street Corp now owns 4,647,252 shares of the oil and gas company’s stock worth $111,673,000 after acquiring an additional 215,366 shares in the last quarter. Morgan Stanley Institutional Investment Advisors LLC purchased a new position in Oceaneering International during the 4th quarter valued at about $94,847,000. Finally, American Century Companies Inc. grew its position in Oceaneering International by 8.1% in the 3rd quarter. American Century Companies Inc. now owns 3,642,873 shares of the oil and gas company’s stock valued at $90,270,000 after acquiring an additional 272,667 shares in the last quarter. 93.93% of the stock is currently owned by institutional investors and hedge funds.

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.