Wall Street Zen Downgrades Oceaneering International (NYSE:OII) to Hold

Oceaneering International (NYSE:OII) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Sunday.

Other equities research analysts also recently issued research reports about the company. Zacks Research upgraded Oceaneering International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. Weiss Ratings raised Oceaneering International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. Barclays boosted their target price on Oceaneering International from $23.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Monday, February 23rd. Finally, TD Cowen increased their price target on shares of Oceaneering International from $25.00 to $27.00 and gave the company a “hold” rating in a research report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Oceaneering International has an average rating of “Moderate Buy” and an average price target of $28.00.

Oceaneering International Stock Down 5.5%

Shares of NYSE OII opened at $35.50 on Friday. Oceaneering International has a 12 month low of $15.46 and a 12 month high of $39.00. The company has a current ratio of 1.99, a quick ratio of 1.68 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $3.53 billion, a price-to-earnings ratio of 10.14 and a beta of 1.26. The business has a 50-day moving average of $29.55 and a 200-day moving average of $26.02.

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

Insider Transactions at Oceaneering International

In related news, SVP Earl Childress sold 22,518 shares of Oceaneering International stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $37.41, for a total value of $842,398.38. Following the transaction, the senior vice president directly owned 35,577 shares of the company’s stock, valued at $1,330,935.57. The trade was a 38.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Holly Kriendler sold 5,798 shares of the stock in a transaction on 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 $921,631.62. The trade was a 19.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 140,844 shares of company stock valued at $4,972,594. Insiders own 2.10% of the company’s stock.

Hedge Funds Weigh In On Oceaneering International

Hedge funds and other institutional investors have recently modified their holdings of the company. Corient Private Wealth LLC boosted its holdings in shares of Oceaneering International by 20.1% during the fourth quarter. Corient Private Wealth LLC now owns 12,440 shares of the oil and gas company’s stock worth $299,000 after purchasing an additional 2,085 shares during the period. State of Tennessee Department of Treasury raised its position in Oceaneering International by 7.2% during the 4th quarter. State of Tennessee Department of Treasury now owns 52,577 shares of the oil and gas company’s stock valued at $1,263,000 after purchasing an additional 3,533 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in Oceaneering International in the 4th quarter worth approximately $630,000. Mackenzie Financial Corp grew its position in shares of Oceaneering International by 9.1% in the 4th quarter. Mackenzie Financial Corp now owns 15,246 shares of the oil and gas company’s stock worth $370,000 after buying an additional 1,275 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of Oceaneering International by 2.9% during the fourth quarter. NewEdge Advisors LLC now owns 19,560 shares of the oil and gas company’s stock valued at $470,000 after buying an additional 545 shares during the period. 93.93% of the stock is owned by institutional investors.

Trending Headlines about Oceaneering International

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

• Positive Sentiment: Momentum/technical — OII recently reached a 52‑week high, which can attract momentum traders and institutional interest. Article Title
• Positive Sentiment: Analyst support — several outlets have upgraded or raised outlooks recently and MarketBeat shows a consensus near “Moderate Buy,” giving the stock some fundamental/coverage support. Article Title
• Neutral Sentiment: Mixed quarterly results — Q4 EPS of $0.45 slightly beat consensus ($0.44) but revenue (~$668.6M) missed estimates and declined year‑over‑year, signaling profitability resilience but softer top‑line momentum. Article Title
• Negative Sentiment: Large, concentrated insider selling — multiple senior executives (COO, SVPs) and a director sold sizable blocks on Feb. 25–26 (collectively ~111.7k shares, roughly $4.2M in proceeds), cutting several insiders’ holdings by 20–42%; that typically creates investor concern and near‑term selling pressure. Article Title
• Negative Sentiment: SEC Form 4 confirmations — the sales were reported via Form 4 filings (open‑market transactions, not private block transfers), removing ambiguity about motive and amplifying market reaction. Example filing: COO Benjamin Laura. SEC Form 4

About Oceaneering International

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.