Christopher Dyer Sells 6,000 Shares of Oceaneering International (NYSE:OII) Stock

Oceaneering International, Inc. (NYSE:OII) SVP Christopher Dyer sold 6,000 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $38.08, for a total transaction of $228,480.00. Following the completion of the sale, the senior vice president owned 15,902 shares of the company’s stock, valued at approximately $605,548.16. This represents a 27.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Oceaneering International Stock Down 0.8%

Shares of NYSE:OII traded down $0.31 during trading on Thursday, reaching $37.61. The stock had a trading volume of 1,160,091 shares, compared to its average volume of 1,291,549. The firm’s 50-day simple moving average is $29.03 and its 200 day simple moving average is $25.81. 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 one year low of $15.46 and a one year high of $39.00. The company has a market capitalization of $3.74 billion, a P/E ratio of 10.75 and a beta of 1.26.

Oceaneering International (NYSE:OII) last posted 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 net margin of 12.71% and a return on equity of 21.58%. The company had revenue of $668.57 million during the quarter, compared to analysts’ expectations of $678.16 million. During the same quarter in the prior year, the company posted $0.37 earnings per share. Oceaneering International’s revenue for the quarter was down 6.3% compared to the same quarter last year. As a group, research analysts expect that Oceaneering International, Inc. will post 1.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on OII shares. Weiss Ratings upgraded shares of Oceaneering International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. TD Cowen boosted their target price on shares of Oceaneering International from $25.00 to $27.00 and gave the company a “hold” rating in a research report on Monday, November 3rd. Barclays upped their price target on shares of Oceaneering International from $23.00 to $32.00 and gave the company an “equal weight” rating in a report on Monday. Wall Street Zen upgraded Oceaneering International from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Finally, Zacks Research upgraded Oceaneering International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $28.00.

Key Oceaneering International News

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

• Positive Sentiment: Analyst upgrade pushed short-term optimism — OII briefly traded up after an analyst upgrade that cited stronger outlook/valuation support. Oceaneering International (NYSE:OII) Trading Up 6.5% Following Analyst Upgrade
• Positive Sentiment: Barclays published a bullish forecast calling for significant price appreciation, giving longer-term fundamental support for the shares. Barclays Forecasts Strong Price Appreciation for Oceaneering International (NYSE:OII) Stock
• Neutral Sentiment: Market-note: coverage highlighted OII reaching a 52‑week high, reflecting strength in the NYSE composite — a positive momentum signal but not a direct company event. Oceaneering International (NYSE:OII) 52-Week High Reflects Strength In NYSE Composite
• Negative Sentiment: Large insider selling by the COO — Benjamin Laura sold ~38,282 shares across Feb. 25–26 (reducing his stake ~42%), a sizeable disposal that can signal liquidity-taking or raise governance/conviction concerns. Benjamin Laura Form 4 (SEC)
• Negative Sentiment: Multiple senior VPs executed meaningful sales — Earl Childress (~22,518 shares), Holly Kriendler (~24,805 shares across two days), Jennifer Fremont Simons (~10,284), and Christopher Dyer (~6,000) — many cuts reduced individual positions by ~20–39%, adding to downward pressure on sentiment. Earl Childress Form 4 (SEC) — representative
• Negative Sentiment: Director sale: Karen H. Beachy sold 9,800 shares (~30% reduction in her position), another governance/conviction signal that investors interpret negatively. Karen H. Beachy Form 4 (SEC)

Institutional Trading of Oceaneering International

Institutional investors and hedge funds have recently made changes to their positions in the business. SummerHaven Investment Management LLC purchased a new position in shares of Oceaneering International during the 3rd quarter valued at approximately $967,000. Essex Investment Management Co. LLC raised its position in Oceaneering International by 58.7% during the third quarter. Essex Investment Management Co. LLC now owns 159,261 shares of the oil and gas company’s stock worth $3,946,000 after acquiring an additional 58,925 shares during the period. SG Americas Securities LLC lifted its holdings in Oceaneering International by 1,377.0% during the third quarter. SG Americas Securities LLC now owns 156,547 shares of the oil and gas company’s stock valued at $3,879,000 after purchasing an additional 145,948 shares in the last quarter. CenterBook Partners LP purchased a new position in Oceaneering International during the third quarter valued at $409,000. Finally, Greenhouse Funds LLLP grew its position in shares of Oceaneering International by 9.9% in the second quarter. Greenhouse Funds LLLP now owns 2,491,803 shares of the oil and gas company’s stock valued at $51,630,000 after purchasing an additional 223,724 shares during the period. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

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.