Oceaneering International (NYSE:OII – Get Free Report) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.
OII has been the topic of a number of other research reports. Zacks Research raised shares of Oceaneering International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. Weiss Ratings restated a “hold (c+)” rating on shares of Oceaneering International in a research report on Monday, December 29th. TD Cowen upped their price target on shares of Oceaneering International from $25.00 to $27.00 and gave the stock a “hold” rating in a report on Monday, November 3rd. Finally, Barclays lifted their price objective on Oceaneering International from $22.00 to $23.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $25.00.
Read Our Latest Stock Analysis on OII
Oceaneering International Stock Performance
Oceaneering International (NYSE:OII – Get Free Report) last announced its quarterly earnings results 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 return on equity of 21.58% and a net margin of 12.71%.The firm had revenue of $668.57 million for the quarter, compared to analysts’ expectations of $678.16 million. During the same period in the prior year, the business posted $0.37 earnings per share. The company’s revenue was down 6.3% on a year-over-year basis. Research analysts forecast that Oceaneering International will post 1.78 EPS for the current fiscal year.
Insider Buying and Selling
In other Oceaneering International news, SVP Jennifer Fremont Simons sold 29,155 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $26.35, for a total transaction of $768,234.25. Following the sale, the senior vice president owned 52,344 shares in the company, valued at $1,379,264.40. This trade represents a 35.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.10% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Oceaneering International
Several institutional investors have recently modified their holdings of OII. Salomon & Ludwin LLC purchased a new position in shares of Oceaneering International during the 3rd quarter valued at about $26,000. Wilmington Savings Fund Society FSB bought a new position in Oceaneering International during the third quarter valued at approximately $28,000. EverSource Wealth Advisors LLC raised its stake in shares of Oceaneering International by 335.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,442 shares of the oil and gas company’s stock worth $30,000 after acquiring an additional 1,111 shares in the last quarter. Quarry LP purchased a new position in shares of Oceaneering International during the third quarter worth approximately $30,000. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of Oceaneering International by 255.1% in the 3rd quarter. SBI Securities Co. Ltd. now owns 1,392 shares of the oil and gas company’s stock worth $34,000 after acquiring an additional 1,000 shares during the last quarter. 93.93% of the stock is currently owned by institutional investors.
More Oceaneering International News
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.
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.
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