Value Holdings Management CO. LLC Grows Position in Tidewater Inc. $TDW

Value Holdings Management CO. LLC raised its stake in Tidewater Inc. (NYSE:TDW) by 41.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,000 shares of the oil and gas company’s stock after purchasing an additional 21,800 shares during the quarter. Tidewater comprises about 0.6% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 29th biggest position. Value Holdings Management CO. LLC owned 0.15% of Tidewater worth $3,460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Price T Rowe Associates Inc. MD raised its stake in shares of Tidewater by 69.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,904,826 shares of the oil and gas company’s stock valued at $165,058,000 after purchasing an additional 1,598,513 shares in the last quarter. Boston Partners raised its stake in shares of Tidewater by 1,118.5% during the second quarter. Boston Partners now owns 283,676 shares of the oil and gas company’s stock valued at $14,089,000 after purchasing an additional 260,395 shares in the last quarter. Robotti Robert raised its position in shares of Tidewater by 8.5% during the 1st quarter. Robotti Robert now owns 2,856,631 shares of the oil and gas company’s stock worth $120,750,000 after buying an additional 223,651 shares in the last quarter. Third Avenue Management LLC increased its stake in shares of Tidewater by 37.6% during the first quarter. Third Avenue Management LLC now owns 809,258 shares of the oil and gas company’s stock valued at $34,207,000 after acquiring an additional 221,079 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in Tidewater by 271.7% during the first quarter. Raymond James Financial Inc. now owns 295,337 shares of the oil and gas company’s stock valued at $12,484,000 after buying an additional 215,891 shares in the last quarter. 95.13% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TDW has been the subject of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of Tidewater in a report on Wednesday, October 8th. Dnb Nor Markets downgraded Tidewater from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 20th. Fearnley Fonds raised shares of Tidewater to a “hold” rating in a research note on Tuesday, September 16th. Evercore ISI dropped their price target on shares of Tidewater from $67.00 to $65.00 and set an “in-line” rating on the stock in a research note on Wednesday. Finally, Zacks Research downgraded Tidewater from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Two investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $68.33.

Tidewater Trading Up 2.0%

Shares of TDW opened at $58.64 on Friday. The company has a current ratio of 2.11, a quick ratio of 2.04 and a debt-to-equity ratio of 0.47. The stock has a market cap of $2.91 billion, a PE ratio of 15.19 and a beta of 1.00. Tidewater Inc. has a 1 year low of $31.17 and a 1 year high of $64.07. The stock has a 50 day simple moving average of $53.48 and a 200-day simple moving average of $50.29.

Tidewater (NYSE:TDW) last issued its earnings results on Monday, November 10th. The oil and gas company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.46 by ($0.48). The firm had revenue of $341.11 million during the quarter, compared to analyst estimates of $328.84 million. Tidewater had a net margin of 14.62% and a return on equity of 16.74%. The firm’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.87 EPS. Tidewater has set its FY 2026 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts predict that Tidewater Inc. will post 3.25 EPS for the current fiscal year.

Tidewater announced that its board has authorized a share buyback program on Monday, August 4th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the oil and gas company to purchase up to 21.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Tidewater Profile

Tidewater Inc, together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying.