Oceaneering International (NYSE:OII) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of Oceaneering International (NYSE:OII) from a hold rating to a buy rating in a research note released on Saturday.

OII has been the topic of a number of other reports. TD Cowen upped their target price on shares of Oceaneering International from $25.00 to $27.00 and gave the stock a “hold” rating in a research report on Monday, November 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Oceaneering International in a report on Monday, December 29th. Barclays raised their target price on shares of Oceaneering International from $22.00 to $23.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 28th. Finally, Zacks Research raised Oceaneering International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Oceaneering International currently has a consensus rating of “Hold” and an average target price of $25.00.

Oceaneering International Stock Performance

Oceaneering International stock opened at $34.77 on Friday. Oceaneering International has a fifty-two week low of $15.46 and a fifty-two week high of $36.41. The stock’s 50 day simple moving average is $28.23 and its two-hundred day simple moving average is $25.47. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.68 and a current ratio of 1.99. The stock has a market cap of $3.47 billion, a price-to-earnings ratio of 9.93 and a beta of 1.26.

Oceaneering International (NYSE:OII) last released its earnings results on Wednesday, February 18th. The oil and gas company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. Oceaneering International had a return on equity of 21.58% and a net margin of 12.71%.The company had revenue of $668.57 million during the quarter, compared to analysts’ expectations of $678.16 million. During the same quarter last year, the business posted $0.37 EPS. The firm’s revenue for the quarter was down 6.3% compared to the same quarter last year. As a group, analysts expect that Oceaneering International will post 1.78 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Jennifer Fremont Simons sold 29,155 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $26.35, for a total transaction of $768,234.25. Following the completion of the sale, the senior vice president owned 52,344 shares of the company’s stock, valued at $1,379,264.40. This trade represents a 35.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of OII. Salomon & Ludwin LLC purchased a new stake in shares of Oceaneering International during the third quarter valued at $26,000. Wilmington Savings Fund Society FSB purchased a new position in Oceaneering International in the 3rd quarter worth about $28,000. Quarry LP bought a new position in Oceaneering International during the 3rd quarter valued at about $30,000. SBI Securities Co. Ltd. boosted its holdings in shares of 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 valued at $34,000 after acquiring an additional 1,000 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Oceaneering International by 335.6% during 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 last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Oceaneering International News Summary

Here are the key news stories impacting Oceaneering International this week:

• Positive Sentiment: Q4 EPS topped estimates — Oceaneering reported $0.45 EPS versus a $0.44 consensus, showing improved profitability versus last year. Read More.
• Positive Sentiment: Management projects multi‑year growth tied to ADTech and guided to roughly $390M–$440M EBITDA for 2026, supporting a longer‑term recovery narrative. Read More.
• Positive Sentiment: Investor outreach ramping — the company will participate in multiple investor conferences in Q1, increasing visibility with analysts and funds. Read More.
• Positive Sentiment: Sector tailwinds: rising Brent/WTI prices have analysts flagging OII among oil‑linked names to watch, which can support order activity over time. Read More.
• Neutral Sentiment: Technical/market context — the stock recently hit a 52‑week high and has shown intraday volatility, which can prompt short‑term profit taking. Read More.
• Neutral Sentiment: Full earnings call and transcripts are available for investors to parse segment trends and backlog details — useful but not immediately price‑moving alone. Read More.
• Negative Sentiment: Revenue missed estimates and declined year‑over‑year — Q4 revenue of ~$668.6M came in below expectations and was down ~6.3% YoY, raising concern about near‑term activity levels. Read More.
• Negative Sentiment: Energy‑segment softness and cautious near‑term guidance/uncertainty are weighing on sentiment despite long‑term targets. Read More.
• Negative Sentiment: Analyst price targets remain conservative (median ≈ $25) and recent insider selling has been reported — both create downward pressure relative to the current valuation. Read More.

Oceaneering International Company Profile

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.