Oceaneering International, Inc. $OII Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. decreased its position in shares of Oceaneering International, Inc. (NYSE:OIIFree Report) by 1.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,183,440 shares of the oil and gas company’s stock after selling 208,084 shares during the quarter. Vanguard Group Inc. owned approximately 12.21% of Oceaneering International worth $301,906,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in OII. Salomon & Ludwin LLC purchased a new position in Oceaneering International during the 3rd quarter worth approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Oceaneering International during the 3rd quarter worth $28,000. SBI Securities Co. Ltd. grew its position in Oceaneering International by 255.1% during the 3rd quarter. SBI Securities Co. Ltd. now owns 1,392 shares of the oil and gas company’s stock worth $34,000 after purchasing an additional 1,000 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in Oceaneering International by 335.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,442 shares of the oil and gas company’s stock valued at $30,000 after purchasing an additional 1,111 shares during the period. Finally, Bessemer Group Inc. boosted its stake in shares of Oceaneering International by 47.5% during the third quarter. Bessemer Group Inc. now owns 1,952 shares of the oil and gas company’s stock worth $48,000 after buying an additional 629 shares during the period. 93.93% of the stock is owned by hedge funds and other institutional investors.

Oceaneering International Price Performance

OII opened at $35.50 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.68 and a current ratio of 1.99. Oceaneering International, Inc. has a 1-year low of $15.46 and a 1-year high of $39.00. The company has a 50-day moving average of $29.55 and a 200-day moving average of $25.99. The company has a market capitalization of $3.53 billion, a P/E ratio of 10.14 and a beta of 1.26.

Oceaneering International (NYSE:OIIGet Free Report) last released its earnings results on Wednesday, February 18th. The oil and gas company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The company had revenue of $668.57 million for 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 quarter last year, the business posted $0.37 EPS. Equities analysts expect that Oceaneering International, Inc. will post 1.78 EPS for the current fiscal year.

Key Headlines Impacting 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

Wall Street Analyst Weigh In

Several research firms have commented on OII. TD Cowen upped their price objective on Oceaneering International from $25.00 to $27.00 and gave the company a “hold” rating in a research note on Monday, November 3rd. Wall Street Zen upgraded shares of Oceaneering International from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Barclays upped their price objective on shares of Oceaneering International from $23.00 to $32.00 and gave the company an “equal weight” rating in a research note on Monday, February 23rd. Weiss Ratings raised shares of Oceaneering International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Finally, Zacks Research raised shares of Oceaneering International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $28.00.

Get Our Latest Stock Analysis on Oceaneering International

Insider Activity at Oceaneering International

In other news, COO Benjamin Laura sold 5,106 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $36.88, for a total value of $188,309.28. Following the transaction, the chief operating officer directly owned 40,805 shares in the company, valued at approximately $1,504,888.40. This trade represents a 11.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Earl Childress sold 22,518 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $37.41, for a total transaction of $842,398.38. Following the sale, the senior vice president owned 35,577 shares in the company, valued at approximately $1,330,935.57. This trade represents a 38.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 140,844 shares of company stock valued at $4,972,594 in the last ninety days. 2.10% of the stock is owned by insiders.

Oceaneering International Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding OII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oceaneering International, Inc. (NYSE:OIIFree Report).

Institutional Ownership by Quarter for Oceaneering International (NYSE:OII)

Receive News & Ratings for Oceaneering International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oceaneering International and related companies with MarketBeat.com's FREE daily email newsletter.