CenterBook Partners LP Invests $409,000 in Oceaneering International, Inc. $OII

CenterBook Partners LP bought a new stake in Oceaneering International, Inc. (NYSE:OII) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,515 shares of the oil and gas company’s stock, valued at approximately $409,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in OII. Brown Advisory Inc. increased its position in shares of 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 worth $152,202,000 after acquiring an additional 799,718 shares during the last quarter. American Century Companies Inc. increased its holdings in Oceaneering International by 8.2% during the 2nd quarter. American Century Companies Inc. now owns 3,370,206 shares of the oil and gas company’s stock worth $69,831,000 after purchasing an additional 256,628 shares during the last quarter. Greenhouse Funds LLLP raised its position in shares of Oceaneering International by 9.9% in the 2nd quarter. Greenhouse Funds LLLP now owns 2,491,803 shares of the oil and gas company’s stock valued at $51,630,000 after purchasing an additional 223,724 shares in the last quarter. Balyasny Asset Management L.P. raised its position in shares of Oceaneering International by 916.6% in the 2nd 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 purchasing an additional 1,227,950 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH boosted its stake in shares of Oceaneering International by 14.8% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 1,301,792 shares of the oil and gas company’s stock valued at $32,258,000 after buying an additional 167,548 shares during the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Oceaneering International Price Performance

Shares of NYSE:OII opened at $34.77 on Friday. The company has a market cap of $3.47 billion, a PE ratio of 9.93 and a beta of 1.26. Oceaneering International, Inc. has a fifty-two week low of $15.46 and a fifty-two week high of $36.41. The firm has a 50-day simple moving average of $28.23 and a 200 day simple moving average of $25.47. The company has a quick ratio of 1.68, a current ratio of 1.99 and a debt-to-equity ratio of 0.45.

Oceaneering International (NYSE:OII) last issued its earnings results on Wednesday, February 18th. The oil and gas company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. The company had revenue of $668.57 million during 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%.Oceaneering International’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.37 earnings per share. On average, sell-side analysts anticipate that Oceaneering International, Inc. will post 1.78 EPS for the current year.

Key Stories Impacting Oceaneering International

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

• Positive Sentiment: Q4 EPS topped estimates — Oceaneering reported $0.45 EPS versus a $0.44 consensus, showing improved profitability versus last year. Read More.
• Positive Sentiment: Management projects multi‑year growth tied to ADTech and guided to roughly $390M–$440M EBITDA for 2026, supporting a longer‑term recovery narrative. Read More.
• Positive Sentiment: Investor outreach ramping — the company will participate in multiple investor conferences in Q1, increasing visibility with analysts and funds. Read More.
• Positive Sentiment: Sector tailwinds: rising Brent/WTI prices have analysts flagging OII among oil‑linked names to watch, which can support order activity over time. Read More.
• Neutral Sentiment: Technical/market context — the stock recently hit a 52‑week high and has shown intraday volatility, which can prompt short‑term profit taking. Read More.
• Neutral Sentiment: Full earnings call and transcripts are available for investors to parse segment trends and backlog details — useful but not immediately price‑moving alone. Read More.
• Negative Sentiment: Revenue missed estimates and declined year‑over‑year — Q4 revenue of ~$668.6M came in below expectations and was down ~6.3% YoY, raising concern about near‑term activity levels. Read More.
• Negative Sentiment: Energy‑segment softness and cautious near‑term guidance/uncertainty are weighing on sentiment despite long‑term targets. Read More.
• Negative Sentiment: Analyst price targets remain conservative (median ≈ $25) and recent insider selling has been reported — both create downward pressure relative to the current valuation. Read More.

Analyst Upgrades and Downgrades

OII has been the subject of a number of research analyst reports. Zacks Research upgraded shares of Oceaneering International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. Barclays boosted their target price on shares of Oceaneering International from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 28th. TD Cowen increased their price target on shares of Oceaneering International from $25.00 to $27.00 and gave the stock a “hold” rating in a research report on Monday, November 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Oceaneering International in a report on Monday, December 29th. Finally, Wall Street Zen upgraded Oceaneering International from a “hold” rating to a “buy” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $25.00.

Insider Buying and Selling

In other Oceaneering International news, SVP Jennifer Fremont Simons sold 29,155 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $26.35, for a total value of $768,234.25. Following the sale, the senior vice president directly owned 52,344 shares of the company’s stock, valued at $1,379,264.40. This trade represents a 35.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.10% of the stock is currently owned by insiders.

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.