Villere ST Denis J & Co. LLC Sells 18,660 Shares of Tidewater Inc. $TDW

Villere ST Denis J & Co. LLC lowered its holdings in Tidewater Inc. (NYSE:TDW) by 7.5% during the third quarter, HoldingsChannel.com reports. The fund owned 231,196 shares of the oil and gas company’s stock after selling 18,660 shares during the period. Tidewater accounts for 1.9% of Villere ST Denis J & Co. LLC’s portfolio, making the stock its 19th largest holding. Villere ST Denis J & Co. LLC’s holdings in Tidewater were worth $18,750,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Punch & Associates Investment Management Inc. bought a new stake in shares of Tidewater in the 2nd quarter valued at approximately $22,811,000. Legal & General Group Plc acquired a new position in shares of Tidewater in the 2nd quarter worth approximately $5,470,000. VELA Investment Management LLC lifted its position in shares of Tidewater by 17.5% during the 2nd quarter. VELA Investment Management LLC now owns 40,537 shares of the oil and gas company’s stock worth $2,701,000 after buying an additional 6,028 shares during the period. Deutsche Bank AG bought a new position in shares of Tidewater during the 2nd quarter worth approximately $3,262,000. Finally, Kendall Capital Management acquired a new stake in Tidewater in the 2nd quarter valued at $1,071,000. Institutional investors and hedge funds own 95.13% of the company’s stock.

Trending Headlines about Tidewater

Here are the key news stories impacting Tidewater this week:

• Positive Sentiment: 2027 outlook and capital returns: Tidewater initiated 2027 revenue guidance of $1.70 billion to $1.75 billion and a margin range of 51% to 53%. It also repurchased about $25 million of shares since its prior earnings release, with $475 million remaining under its authorization. Article: Tidewater Reports Third-Quarter Revenue and Net Income
• Positive Sentiment: Profitability and cash flow improved year over year: Third-quarter revenue rose about 5.7% to $360.4 million, and Tidewater earned $17.5 million, or $0.35 per share, versus a loss in the year-earlier quarter. Operating cash flow increased 37.4% to $75.2 million. Article: Tidewater Swings to Profit in Q3
• Positive Sentiment: Improving vessel economics: Average day rate increased by $837 sequentially to $23,775. The company also closed its $500 million all-cash acquisition of Wilson Sons Ultratug Offshore and set 2026 revenue guidance at $1.43 billion to $1.44 billion. Article: Tidewater Reports Results for the Nine Months Ended September 30, 2026
• Negative Sentiment: EPS missed analyst expectations: Adjusted comparisons in the reports show $0.35 per share against a consensus estimate of $0.72, a sizable shortfall that may weigh on sentiment despite revenue meeting or modestly exceeding some estimates. Higher cost of sales and lower operating profit were additional concerns. Article: Tidewater Lags Q3 Earnings Estimates
• Negative Sentiment: Insider transactions were all sales: The cited data shows six insider sales and no purchases over the past six months. This may be a cautionary signal, though insider sales alone do not establish a view on the company’s prospects. Article: Tidewater Releases Q3 2026 Earnings

Tidewater Price Performance

NYSE:TDW opened at $70.97 on Tuesday. The firm has a market cap of $3.53 billion, a PE ratio of 14.37 and a beta of 0.63. Tidewater Inc. has a 12 month low of $49.54 and a 12 month high of $101.57. The company has a quick ratio of 3.47, a current ratio of 3.58 and a debt-to-equity ratio of 0.47. The company’s 50-day moving average price is $84.91 and its two-hundred day moving average price is $79.59.

Tidewater (NYSE:TDW) last posted its quarterly earnings data on Monday, November 9th. The oil and gas company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.37). Tidewater had a return on equity of 5.36% and a net margin of 18.34%. The firm had revenue of $360.42 million for the quarter, compared to analyst estimates of $358.77 million. During the same period in the previous year, the business posted ($0.02) EPS. The business’s quarterly revenue was up 5.7% on a year-over-year basis. On average, equities analysts anticipate that Tidewater Inc. will post 3.08 EPS for the current fiscal year.

Insider Transactions at Tidewater

In related news, EVP Daniel Hudson sold 15,000 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $99.08, for a total transaction of $1,486,200.00. Following the sale, the executive vice president directly owned 33,029 shares in the company, valued at $3,272,513.32. This represents a 31.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Samuel Rubio sold 17,705 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $91.56, for a total value of $1,621,069.80. Following the sale, the executive vice president directly owned 33,214 shares of the company’s stock, valued at $3,041,073.84. This represents a 34.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 42,705 shares of company stock valued at $4,097,270 in the last three months. 5.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

TDW has been the topic of a number of analyst reports. Weiss Ratings cut Tidewater from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, November 4th. Barclays lifted their price objective on Tidewater from $86.00 to $91.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. Finally, BTIG Research reissued a “buy” rating and set a $120.00 price objective on shares of Tidewater in a report on Friday, October 9th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Tidewater has a consensus rating of “Moderate Buy” and a consensus price target of $98.25.

About Tidewater

Tidewater Inc provides offshore support vessels and related marine services to the energy industry. Its vessels transport personnel, equipment and supplies between shore bases and offshore facilities, and support activities such as anchor handling, towing, platform operations and offshore construction.

The company operates a diverse fleet that includes platform supply vessels, anchor-handling tug supply vessels, crew boats and other specialized vessels. These services help customers carry out offshore exploration, development and production, as well as certain renewable-energy and subsea projects.

Founded in 1956, Tidewater has grown into an international vessel operator, serving offshore markets across regions including the Americas, Africa, the Middle East, Europe and Asia-Pacific.