Oceaneering International, Inc. (NYSE:OII – Free Report) – Zacks Research decreased their FY2025 EPS estimates for shares of Oceaneering International in a report issued on Wednesday, March 12th. Zacks Research analyst N. Choudhury now expects that the oil and gas company will post earnings of $1.67 per share for the year, down from their prior estimate of $1.68. The consensus estimate for Oceaneering International’s current full-year earnings is $1.78 per share. Zacks Research also issued estimates for Oceaneering International’s Q2 2026 earnings at $0.33 EPS and Q3 2026 earnings at $0.41 EPS.
Several other research firms have also commented on OII. Citigroup lowered shares of Oceaneering International from a “buy” rating to a “neutral” rating and set a $30.00 price objective on the stock. in a research note on Friday, January 10th. TD Cowen boosted their price objective on shares of Oceaneering International from $26.00 to $27.00 and gave the stock a “hold” rating in a research note on Wednesday, January 8th. StockNews.com lowered shares of Oceaneering International from a “buy” rating to a “hold” rating in a research note on Saturday, March 1st. Barclays dropped their price objective on shares of Oceaneering International from $26.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 5th. Finally, Pickering Energy Partners lowered shares of Oceaneering International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Oceaneering International has an average rating of “Hold” and an average target price of $28.25.
Oceaneering International Trading Up 1.9 %
NYSE:OII opened at $21.01 on Monday. Oceaneering International has a one year low of $18.87 and a one year high of $30.98. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.74 and a quick ratio of 1.46. The company’s 50-day simple moving average is $23.94 and its 200 day simple moving average is $25.33. The firm has a market capitalization of $2.11 billion, a P/E ratio of 14.59 and a beta of 2.42.
Oceaneering International (NYSE:OII – Get Free Report) last announced its earnings results on Wednesday, February 19th. The oil and gas company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.02). The company had revenue of $713.45 million for the quarter, compared to the consensus estimate of $681.60 million. Oceaneering International had a net margin of 5.54% and a return on equity of 17.29%.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of OII. Brown Advisory Inc. raised its holdings in Oceaneering International by 22.5% in the fourth quarter. Brown Advisory Inc. now owns 5,129,668 shares of the oil and gas company’s stock worth $133,782,000 after buying an additional 941,849 shares during the last quarter. FIL Ltd purchased a new position in Oceaneering International in the fourth quarter worth about $18,864,000. American Century Companies Inc. raised its holdings in Oceaneering International by 14.3% in the fourth quarter. American Century Companies Inc. now owns 2,841,710 shares of the oil and gas company’s stock worth $74,112,000 after buying an additional 355,290 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in Oceaneering International in the fourth quarter worth about $8,490,000. Finally, Loomis Sayles & Co. L P raised its holdings in Oceaneering International by 14.5% in the fourth quarter. Loomis Sayles & Co. L P now owns 2,106,002 shares of the oil and gas company’s stock worth $54,925,000 after buying an additional 267,230 shares during the last quarter. 93.93% of the stock is owned by hedge funds and other institutional investors.
About Oceaneering International
Oceaneering International, Inc provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments.
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