Oceaneering International, Inc. (NYSE:OII – Get Free Report) SVP Earl Childress sold 22,518 shares of Oceaneering International stock in a transaction dated 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 in the company, valued at approximately $1,330,935.57. The trade was a 38.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Oceaneering International Price Performance
NYSE OII opened at $35.50 on Friday. The company has a current ratio of 1.99, a quick ratio of 1.68 and a debt-to-equity ratio of 0.45. Oceaneering International, Inc. has a 12 month low of $15.46 and a 12 month high of $39.00. The stock has a market cap of $3.53 billion, a price-to-earnings ratio of 10.14 and a beta of 1.26. The company’s 50 day moving average is $29.55 and its two-hundred day moving average is $25.99.
Oceaneering International (NYSE:OII – Get Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The oil and gas company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The business had revenue of $668.57 million during the quarter, compared to analyst estimates of $678.16 million. Oceaneering International had a net margin of 12.71% and a return on equity of 21.58%. The company’s revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.37 earnings per share. As a group, research analysts anticipate that Oceaneering International, Inc. will post 1.78 earnings per share for the current year.
Wall Street Analyst Weigh In
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Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in Oceaneering International by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 12,371,147 shares of the oil and gas company’s stock valued at $297,279,000 after purchasing an additional 187,707 shares in the last quarter. Brown Advisory Inc. increased its holdings in shares of Oceaneering International by 12.2% in the 2nd quarter. Brown Advisory Inc. now owns 7,345,637 shares of the oil and gas company’s stock worth $152,202,000 after buying an additional 799,718 shares during the last quarter. State Street Corp raised its position in shares of Oceaneering International by 4.9% during the 4th quarter. State Street Corp now owns 4,647,252 shares of the oil and gas company’s stock valued at $111,673,000 after buying an additional 215,366 shares in the last quarter. Morgan Stanley Institutional Investment Advisors LLC bought a new position in shares of Oceaneering International in the 4th quarter valued at about $94,847,000. Finally, American Century Companies Inc. grew its position in Oceaneering International by 8.1% in the third quarter. American Century Companies Inc. now owns 3,642,873 shares of the oil and gas company’s stock worth $90,270,000 after acquiring an additional 272,667 shares in the last quarter. 93.93% of the stock is owned by hedge funds and other institutional investors.
Oceaneering International News Summary
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.
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