Tidewater Inc. $TDW Position Cut by Villere ST Denis J & Co. LLC

Villere ST Denis J & Co. LLC cut its holdings in Tidewater Inc. (NYSE:TDW) by 7.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 231,196 shares of the oil and gas company’s stock after selling 18,660 shares during the period. Tidewater makes up 1.9% of Villere ST Denis J & Co. LLC’s investment portfolio, making the stock its 19th biggest holding. Villere ST Denis J & Co. LLC owned 0.46% of Tidewater worth $18,750,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Covestor Ltd raised its holdings in Tidewater by 34.2% during the third quarter. Covestor Ltd now owns 781 shares of the oil and gas company’s stock valued at $63,000 after buying an additional 199 shares in the last quarter. Salomon & Ludwin LLC increased its holdings in shares of Tidewater by 35.9% during the 3rd quarter. Salomon & Ludwin LLC now owns 492 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 130 shares during the last quarter. Kendall Capital Management increased its holdings in shares of Tidewater by 0.9% during the 3rd quarter. Kendall Capital Management now owns 16,220 shares of the oil and gas company’s stock valued at $1,315,000 after acquiring an additional 140 shares during the last quarter. Evergreen Capital Management LLC increased its holdings in shares of Tidewater by 9.1% during the 3rd quarter. Evergreen Capital Management LLC now owns 5,339 shares of the oil and gas company’s stock valued at $433,000 after acquiring an additional 445 shares during the last quarter. Finally, Sterling Capital Management LLC raised its stake in shares of Tidewater by 839.8% in the 3rd quarter. Sterling Capital Management LLC now owns 1,654 shares of the oil and gas company’s stock valued at $134,000 after acquiring an additional 1,478 shares in the last quarter. 95.13% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Samuel Rubio sold 17,705 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $91.56, for a total transaction of $1,621,069.80. Following the transaction, the executive vice president directly owned 33,214 shares in the company, valued at $3,041,073.84. The trade was a 34.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kenneth Traub sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $99.00, for a total value of $990,000.00. Following the completion of the transaction, the director directly owned 63,521 shares of the company’s stock, valued at approximately $6,288,579. This trade represents a 13.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 42,705 shares of company stock valued at $4,097,270. 5.90% of the stock is owned by company insiders.

Tidewater Stock Up 1.3%

TDW stock opened at $70.97 on Tuesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 3.58 and a quick ratio of 3.47. Tidewater Inc. has a 52-week low of $49.54 and a 52-week high of $101.57. The company has a 50-day moving average of $84.91 and a two-hundred day moving average of $79.59. The stock has a market capitalization of $3.53 billion, a price-to-earnings ratio of 14.37 and a beta of 0.63.

Tidewater (NYSE:TDW) last issued its quarterly earnings results on Monday, November 9th. The oil and gas company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.37). Tidewater had a net margin of 18.34% and a return on equity of 5.36%. The business had revenue of $360.42 million during the quarter, compared to analyst estimates of $358.77 million. During the same period in the prior year, the business posted ($0.02) earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. As a group, equities research analysts anticipate that Tidewater Inc. will post 3.08 EPS for the current year.

Tidewater News Summary

Here are the key news stories impacting Tidewater this week:

• Positive Sentiment: 2027 outlook and capital returns: Tidewater initiated 2027 revenue guidance of $1.70 billion to $1.75 billion and a margin range of 51% to 53%. It also repurchased about $25 million of shares since its prior earnings release, with $475 million remaining under its authorization. Article: Tidewater Reports Third-Quarter Revenue and Net Income
• Positive Sentiment: Profitability and cash flow improved year over year: Third-quarter revenue rose about 5.7% to $360.4 million, and Tidewater earned $17.5 million, or $0.35 per share, versus a loss in the year-earlier quarter. Operating cash flow increased 37.4% to $75.2 million. Article: Tidewater Swings to Profit in Q3
• Positive Sentiment: Improving vessel economics: Average day rate increased by $837 sequentially to $23,775. The company also closed its $500 million all-cash acquisition of Wilson Sons Ultratug Offshore and set 2026 revenue guidance at $1.43 billion to $1.44 billion. Article: Tidewater Reports Results for the Nine Months Ended September 30, 2026
• Negative Sentiment: EPS missed analyst expectations: Adjusted comparisons in the reports show $0.35 per share against a consensus estimate of $0.72, a sizable shortfall that may weigh on sentiment despite revenue meeting or modestly exceeding some estimates. Higher cost of sales and lower operating profit were additional concerns. Article: Tidewater Lags Q3 Earnings Estimates
• Negative Sentiment: Insider transactions were all sales: The cited data shows six insider sales and no purchases over the past six months. This may be a cautionary signal, though insider sales alone do not establish a view on the company’s prospects. Article: Tidewater Releases Q3 2026 Earnings

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on TDW shares. Barclays boosted their target price on Tidewater from $86.00 to $91.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Weiss Ratings downgraded Tidewater from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, November 4th. Finally, BTIG Research reissued a “buy” rating and issued a $120.00 price target on shares of Tidewater in a research report on Friday, October 9th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Tidewater has an average rating of “Moderate Buy” and a consensus price target of $98.25.

Tidewater Company Profile

Tidewater Inc provides offshore support vessels and related marine services to the energy industry. Its vessels transport personnel, equipment and supplies between shore bases and offshore facilities, and support activities such as anchor handling, towing, platform operations and offshore construction.

The company operates a diverse fleet that includes platform supply vessels, anchor-handling tug supply vessels, crew boats and other specialized vessels. These services help customers carry out offshore exploration, development and production, as well as certain renewable-energy and subsea projects.

Founded in 1956, Tidewater has grown into an international vessel operator, serving offshore markets across regions including the Americas, Africa, the Middle East, Europe and Asia-Pacific.