Tidewater Inc. $TDW Stock: Keybank National Association OH Increases Stake

Keybank National Association OH lifted its holdings in shares of Tidewater Inc. (NYSE:TDW) by 7.8% in the third quarter, Holdings Channel.com reports. The fund owned 373,836 shares of the oil and gas company’s stock after purchasing an additional 27,137 shares during the period. Keybank National Association OH’s holdings in Tidewater were worth $30,318,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Covestor Ltd boosted its holdings in Tidewater by 34.2% in the third quarter. Covestor Ltd now owns 781 shares of the oil and gas company’s stock valued at $63,000 after acquiring an additional 199 shares in the last quarter. Salomon & Ludwin LLC raised its holdings in Tidewater by 35.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 492 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 130 shares in the last quarter. Kendall Capital Management raised its holdings in Tidewater by 0.9% in the 3rd quarter. Kendall Capital Management now owns 16,220 shares of the oil and gas company’s stock worth $1,315,000 after purchasing an additional 140 shares in the last quarter. Evergreen Capital Management LLC lifted its position in shares of Tidewater by 9.1% in the 3rd quarter. Evergreen Capital Management LLC now owns 5,339 shares of the oil and gas company’s stock worth $433,000 after purchasing an additional 445 shares during the period. Finally, Sterling Capital Management LLC lifted its position in shares of Tidewater by 839.8% in the 3rd quarter. Sterling Capital Management LLC now owns 1,654 shares of the oil and gas company’s stock worth $134,000 after purchasing an additional 1,478 shares during the period. Hedge funds and other institutional investors own 95.13% of the company’s stock.

More Tidewater News

Investors following TDW have been watching these news items:

• Positive Sentiment: Tidewater initiated 2027 revenue guidance of $1.70 billion to $1.75 billion and projected a 51%–53% gross margin following the Wilson Sons closing. The outlook points to substantial revenue and margin potential. Tidewater initiates 2027 revenue guidance
• Positive Sentiment: Coverage of the Q3 outlook highlighted day-rate gains and Wilson Sons integration as factors shaping the company’s prospects, supporting the positive longer-term narrative. TDW Q3 2026 deep dive
• Neutral Sentiment: For 2026, Tidewater forecast revenue of about $1.4 billion, matching the consensus estimate—neither a clear upside surprise nor a disappointment. Tidewater updates earnings guidance

Tidewater Price Performance

Shares of NYSE:TDW opened at $79.02 on Thursday. Tidewater Inc. has a 1-year low of $49.54 and a 1-year high of $101.57. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.23 and a quick ratio of 3.47. The business has a fifty day moving average price of $84.18 and a 200-day moving average price of $79.76. The company has a market capitalization of $3.92 billion, a PE ratio of 14.88 and a beta of 0.63.

Tidewater (NYSE:TDW) last posted its quarterly earnings results on Monday, November 9th. The oil and gas company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.37). The firm had revenue of $360.42 million for the quarter, compared to analysts’ expectations of $358.71 million. Tidewater had a net margin of 19.42% and a return on equity of 4.47%. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.02) EPS. As a group, equities analysts expect that Tidewater Inc. will post 3.08 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on TDW. Barclays raised their price objective on shares of Tidewater from $86.00 to $91.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. BTIG Research reaffirmed a “buy” rating and set a $120.00 price objective on shares of Tidewater in a research report on Friday, October 9th. Finally, Weiss Ratings downgraded Tidewater from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Tidewater currently has an average rating of “Moderate Buy” and a consensus price target of $109.33.

Insider Activity

In other Tidewater news, EVP Daniel Hudson sold 15,000 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $99.08, for a total value of $1,486,200.00. Following the completion of the transaction, the executive vice president owned 33,029 shares of the company’s stock, valued at approximately $3,272,513.32. The trade was a 31.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kenneth Traub sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $99.00, for a total transaction of $990,000.00. Following the transaction, the director directly owned 63,521 shares of the company’s stock, valued at $6,288,579. The trade was a 13.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.90% of the stock is currently owned by company insiders.

Tidewater Company Profile

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.