Public Employees Retirement System of Ohio bought a new position in shares of Okeanis Eco Tankers Corp. (NYSE:ECO – Free Report) in the 1st quarter, Holdings Channel.com reports. The fund bought 15,072 shares of the company’s stock, valued at approximately $778,000.
Several other large investors also recently bought and sold shares of ECO. Goldman Sachs Group Inc. raised its position in Okeanis Eco Tankers by 56.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 150,568 shares of the company’s stock valued at $3,328,000 after purchasing an additional 54,528 shares in the last quarter. Invesco Ltd. acquired a new position in shares of Okeanis Eco Tankers during the second quarter worth about $613,000. Lighthouse Investment Partners LLC increased its stake in shares of Okeanis Eco Tankers by 13.5% during the second quarter. Lighthouse Investment Partners LLC now owns 46,816 shares of the company’s stock worth $1,017,000 after buying an additional 5,558 shares during the period. BNP Paribas Financial Markets purchased a new stake in shares of Okeanis Eco Tankers during the second quarter worth approximately $25,000. Finally, Semmax Financial Advisors Inc. raised its holdings in Okeanis Eco Tankers by 8.2% in the second quarter. Semmax Financial Advisors Inc. now owns 132,545 shares of the company’s stock valued at $2,880,000 after acquiring an additional 10,016 shares in the last quarter.
Okeanis Eco Tankers Price Performance
ECO stock opened at $59.46 on Wednesday. The business has a 50 day moving average price of $53.30 and a 200 day moving average price of $50.12. The stock has a market cap of $2.32 billion, a price-to-earnings ratio of 10.50 and a beta of -0.15. Okeanis Eco Tankers Corp. has a fifty-two week low of $23.82 and a fifty-two week high of $61.53. The company has a quick ratio of 1.56, a current ratio of 1.70 and a debt-to-equity ratio of 0.75.
Okeanis Eco Tankers Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Thursday, May 28th were given a dividend of $2.00 per share. The ex-dividend date was Thursday, May 28th. This represents a $8.00 annualized dividend and a dividend yield of 13.5%. This is a boost from Okeanis Eco Tankers’s previous quarterly dividend of $1.55. Okeanis Eco Tankers’s payout ratio is presently 141.34%.
Analysts Set New Price Targets
ECO has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Okeanis Eco Tankers from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Zacks Research lowered shares of Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Okeanis Eco Tankers in a research report on Thursday, June 18th. B. Riley Financial boosted their target price on shares of Okeanis Eco Tankers from $55.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Finally, Pareto Securities lowered Okeanis Eco Tankers from a “buy” rating to a “hold” rating and set a $57.50 target price on the stock. in a report on Monday, May 25th. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $59.52.
View Our Latest Stock Report on Okeanis Eco Tankers
Okeanis Eco Tankers News Roundup
Here are the key news stories impacting Okeanis Eco Tankers this week:
- Positive Sentiment: Q2 earnings and revenue beat expectations. Okeanis reported quarterly earnings of approximately $5.91 per share, above consensus estimates ranging from $4.41 to $4.61 and sharply higher than $0.83 a year earlier. A separate data provider reported revenue of $170.2 million, net income of $230.3 million, diluted EPS of $6.04, and operating cash flow of $190.4 million. The results indicate strong tanker-market profitability and cash generation. Okeanis Eco Tankers Q2 earnings and revenue estimates Okeanis Eco Tankers Q2 2026 earnings
- Positive Sentiment: Shareholders will receive a $5.25-per-share dividend. The board declared the Q2 dividend, with staggered payment arrangements for the Oslo and NYSE listings. The payout reinforces ECO’s income appeal, although the stock can face pressure around the ex-dividend date as the distribution is reflected in the share price. Okeanis Eco Tankers Q2 dividend information
- Neutral Sentiment: Okeanis published its fifth ESG report under the Global Reporting Initiative 2021 standards and SASB marine-transportation framework. The disclosure may support governance and sustainability credentials but is unlikely to be a major near-term trading catalyst. Okeanis Eco Tankers 2025 ESG report
- Negative Sentiment: Options activity signaled increased near-term caution. Traders purchased 3,026 put options, 1,166% above typical volume, suggesting heightened hedging or bearish speculation.
- Neutral Sentiment: Institutional positioning was mixed: 72 investors added ECO shares in the latest quarter, while 26 reduced their holdings. This provides some support but does not establish a clear consensus.
Okeanis Eco Tankers Profile
Okeanis Eco Tankers Corp. is a Marshall Islands–incorporated, publicly traded shipping company specializing in the ownership and operation of eco-design product tankers. The company made its debut on the New York Stock Exchange under the ticker “ECO” in May 2019 following an initial public offering. It focuses on the acquisition of newbuilding medium-range (MR) and long-range (LR) product tankers designed to deliver enhanced fuel efficiency and reduced emissions.
As of its public listing, Okeanis Eco Tankers’ fleet comprises twelve eco-efficient vessels built by Hyundai Samho Heavy Industries in South Korea.
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