Oceaneering International (NYSE:OII) COO Sells $1,244,431.76 in Stock

Oceaneering International, Inc. (NYSE:OII) COO Benjamin Laura sold 33,176 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $37.51, for a total value of $1,244,431.76. Following the sale, the chief operating officer directly owned 45,911 shares in the company, valued at approximately $1,722,121.61. This trade represents a 41.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Benjamin Laura also recently made the following trade(s):

• On Thursday, February 26th, Benjamin Laura sold 5,106 shares of Oceaneering International stock. The stock was sold at an average price of $36.88, for a total value of $188,309.28.

Oceaneering International Trading Down 0.8%

Shares of OII stock traded down $0.31 during mid-day trading on Thursday, reaching $37.61. 1,160,091 shares of the stock traded hands, compared to its average volume of 1,291,549. The company has a market cap of $3.74 billion, a price-to-earnings ratio of 10.75 and a beta of 1.26. The company has a quick ratio of 1.68, a current ratio of 1.99 and a debt-to-equity ratio of 0.45. The stock’s fifty day simple moving average is $29.03 and its two-hundred day simple moving average is $25.81. Oceaneering International, Inc. has a 1-year low of $15.46 and a 1-year high of $39.00.

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

Hedge Funds Weigh In On Oceaneering International

A number of institutional investors and hedge funds have recently modified their holdings of the business. Morgan Stanley Institutional Investment Advisors LLC bought a new stake in shares of Oceaneering International in the 4th quarter valued at $94,847,000. Balyasny Asset Management L.P. increased its stake in Oceaneering International by 916.6% in the second 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. Brown Advisory Inc. raised its holdings 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 valued at $152,202,000 after purchasing an additional 799,718 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Oceaneering International by 94.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 763,907 shares of the oil and gas company’s stock worth $18,930,000 after purchasing an additional 371,586 shares in the last quarter. Finally, Tudor Investment Corp ET AL grew its stake in shares of Oceaneering International by 210.8% in the 3rd quarter. Tudor Investment Corp ET AL now owns 491,928 shares of the oil and gas company’s stock valued at $12,190,000 after buying an additional 333,666 shares during the period. 93.93% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

OII has been the subject of a number of recent research reports. Zacks Research upgraded Oceaneering International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. Weiss Ratings raised Oceaneering International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Wall Street Zen raised Oceaneering International from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. TD Cowen upped their target price on Oceaneering International from $25.00 to $27.00 and gave the company a “hold” rating in a report on Monday, November 3rd. Finally, Barclays raised their price target on shares of Oceaneering International from $23.00 to $32.00 and gave the stock an “equal weight” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $28.00.

Key Stories Impacting Oceaneering International

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

• Positive Sentiment: Analyst upgrade pushed short-term optimism — OII briefly traded up after an analyst upgrade that cited stronger outlook/valuation support. Oceaneering International (NYSE:OII) Trading Up 6.5% Following Analyst Upgrade
• Positive Sentiment: Barclays published a bullish forecast calling for significant price appreciation, giving longer-term fundamental support for the shares. Barclays Forecasts Strong Price Appreciation for Oceaneering International (NYSE:OII) Stock
• Neutral Sentiment: Market-note: coverage highlighted OII reaching a 52‑week high, reflecting strength in the NYSE composite — a positive momentum signal but not a direct company event. Oceaneering International (NYSE:OII) 52-Week High Reflects Strength In NYSE Composite
• Negative Sentiment: Large insider selling by the COO — Benjamin Laura sold ~38,282 shares across Feb. 25–26 (reducing his stake ~42%), a sizeable disposal that can signal liquidity-taking or raise governance/conviction concerns. Benjamin Laura Form 4 (SEC)
• Negative Sentiment: Multiple senior VPs executed meaningful sales — Earl Childress (~22,518 shares), Holly Kriendler (~24,805 shares across two days), Jennifer Fremont Simons (~10,284), and Christopher Dyer (~6,000) — many cuts reduced individual positions by ~20–39%, adding to downward pressure on sentiment. Earl Childress Form 4 (SEC) — representative
• Negative Sentiment: Director sale: Karen H. Beachy sold 9,800 shares (~30% reduction in her position), another governance/conviction signal that investors interpret negatively. Karen H. Beachy Form 4 (SEC)

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.