Public Employees Retirement System of Ohio Makes New $778,000 Investment in Okeanis Eco Tankers Corp. $ECO

Public Employees Retirement System of Ohio bought a new position in shares of Okeanis Eco Tankers Corp. (NYSE:ECOFree Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 15,072 shares of the company’s stock, valued at approximately $778,000.

A number of other hedge funds have also modified their holdings of ECO. Militia Capital Management LLC purchased a new stake in Okeanis Eco Tankers during the 1st quarter valued at about $3,541,000. Navellier & Associates Inc. acquired a new position in shares of Okeanis Eco Tankers during the 4th quarter worth approximately $631,000. Walleye Capital LLC boosted its holdings in shares of Okeanis Eco Tankers by 71.9% during the 1st quarter. Walleye Capital LLC now owns 177,417 shares of the company’s stock worth $8,976,000 after purchasing an additional 74,231 shares during the last quarter. Encompass Capital Advisors LLC purchased a new stake in shares of Okeanis Eco Tankers in the fourth quarter valued at approximately $27,416,000. Finally, GeoSphere Capital Management LLC purchased a new stake in shares of Okeanis Eco Tankers in the fourth quarter valued at approximately $2,453,000.

Key Okeanis Eco Tankers News

Here are the key news stories impacting Okeanis Eco Tankers this week:

  • Positive Sentiment: Q2 earnings and revenue beat expectations. Okeanis reported quarterly earnings of approximately $5.91 per share, above consensus estimates ranging from $4.41 to $4.61 and sharply higher than $0.83 a year earlier. A separate data provider reported revenue of $170.2 million, net income of $230.3 million, diluted EPS of $6.04, and operating cash flow of $190.4 million. The results indicate strong tanker-market profitability and cash generation. Okeanis Eco Tankers Q2 earnings and revenue estimates Okeanis Eco Tankers Q2 2026 earnings
  • Positive Sentiment: Shareholders will receive a $5.25-per-share dividend. The board declared the Q2 dividend, with staggered payment arrangements for the Oslo and NYSE listings. The payout reinforces ECO’s income appeal, although the stock can face pressure around the ex-dividend date as the distribution is reflected in the share price. Okeanis Eco Tankers Q2 dividend information
  • Neutral Sentiment: Okeanis published its fifth ESG report under the Global Reporting Initiative 2021 standards and SASB marine-transportation framework. The disclosure may support governance and sustainability credentials but is unlikely to be a major near-term trading catalyst. Okeanis Eco Tankers 2025 ESG report
  • Negative Sentiment: Options activity signaled increased near-term caution. Traders purchased 3,026 put options, 1,166% above typical volume, suggesting heightened hedging or bearish speculation.
  • Neutral Sentiment: Institutional positioning was mixed: 72 investors added ECO shares in the latest quarter, while 26 reduced their holdings. This provides some support but does not establish a clear consensus.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ECO shares. B. Riley Financial lifted their price objective on Okeanis Eco Tankers from $55.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Okeanis Eco Tankers in a report on Thursday, June 18th. Clarkson Capital downgraded shares of Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. Zacks Research lowered Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Finally, Wall Street Zen cut Okeanis Eco Tankers from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $59.52.

Read Our Latest Report on Okeanis Eco Tankers

Okeanis Eco Tankers Stock Down 3.1%

Shares of NYSE:ECO opened at $59.46 on Wednesday. The firm has a market capitalization of $2.32 billion, a PE ratio of 10.50 and a beta of -0.15. Okeanis Eco Tankers Corp. has a 1 year low of $23.82 and a 1 year high of $61.53. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.70 and a quick ratio of 1.56. The firm’s 50-day moving average is $53.30 and its two-hundred day moving average is $50.12.

Okeanis Eco Tankers (NYSE:ECOGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $5.91 EPS for the quarter, beating the consensus estimate of $4.61 by $1.30. The business had revenue of $268.14 million during the quarter, compared to analyst estimates of $220.28 million. Okeanis Eco Tankers had a net margin of 41.26% and a return on equity of 37.13%. Analysts predict that Okeanis Eco Tankers Corp. will post 9.53 EPS for the current year.

Okeanis Eco Tankers Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Thursday, May 28th were issued a dividend of $2.00 per share. This is a boost from Okeanis Eco Tankers’s previous quarterly dividend of $1.55. The ex-dividend date was Thursday, May 28th. This represents a $8.00 dividend on an annualized basis and a yield of 13.5%. Okeanis Eco Tankers’s dividend payout ratio (DPR) is currently 141.34%.

About Okeanis Eco Tankers

(Free Report)

Okeanis Eco Tankers Corp. is a Marshall Islands–incorporated, publicly traded shipping company specializing in the ownership and operation of eco-design product tankers. The company made its debut on the New York Stock Exchange under the ticker “ECO” in May 2019 following an initial public offering. It focuses on the acquisition of newbuilding medium-range (MR) and long-range (LR) product tankers designed to deliver enhanced fuel efficiency and reduced emissions.

As of its public listing, Okeanis Eco Tankers’ fleet comprises twelve eco-efficient vessels built by Hyundai Samho Heavy Industries in South Korea.

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Institutional Ownership by Quarter for Okeanis Eco Tankers (NYSE:ECO)

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