Oceaneering International, Inc. (NYSE:OII) Given Average Recommendation of “Hold” by Brokerages

Shares of Oceaneering International, Inc. (NYSE:OII) have received a consensus rating of “Hold” from the five research firms that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $38.3333.

OII has been the subject of a number of recent research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Oceaneering International in a report on Friday, May 22nd. TD Cowen raised their target price on shares of Oceaneering International from $34.00 to $36.00 and gave the stock a “hold” rating in a research note on Thursday, April 30th. Citigroup boosted their target price on Oceaneering International from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, June 18th. Barclays upped their price target on Oceaneering International from $32.00 to $39.00 and gave the company an “equal weight” rating in a research report on Friday, May 8th. Finally, Wall Street Zen raised Oceaneering International from a “hold” rating to a “buy” rating in a report on Saturday.

Oceaneering International Stock Performance

NYSE:OII opened at $52.98 on Wednesday. The company’s 50-day moving average price is $39.81 and its 200-day moving average price is $36.07. The company has a current ratio of 2.18, a quick ratio of 1.90 and a debt-to-equity ratio of 0.42. The company has a market cap of $5.28 billion, a P/E ratio of 15.22 and a beta of 1.15. Oceaneering International has a twelve month low of $20.79 and a twelve month high of $53.10.

Insider Transactions at Oceaneering International

In other Oceaneering International news, CEO Roderick A. Larson sold 5,000 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $38.27, for a total value of $191,350.00. Following the completion of the sale, the chief executive officer directly owned 397,279 shares of the company’s stock, valued at $15,203,867.33. This trade represents a 1.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Morgan Stanley Institutional Investment Advisors LLC purchased a new position in shares of Oceaneering International during the 4th quarter worth $94,847,000. Reinhart Partners LLC. acquired a new position in Oceaneering International during the 2nd quarter worth approximately $66,795,000. Balyasny Asset Management L.P. grew its holdings in Oceaneering International by 916.6% during the 2nd quarter. Balyasny Asset Management L.P. now owns 1,361,917 shares of the oil and gas company’s stock worth $28,219,000 after acquiring an additional 1,227,950 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Oceaneering International by 94.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 763,907 shares of the oil and gas company’s stock valued at $18,930,000 after purchasing an additional 371,586 shares during the last quarter. Finally, Tudor Investment Corp ET AL increased its position in shares of Oceaneering International by 210.8% in the 3rd quarter. Tudor Investment Corp ET AL now owns 491,928 shares of the oil and gas company’s stock valued at $12,190,000 after purchasing an additional 333,666 shares during the last quarter. Institutional investors and hedge funds own 93.93% of the company’s stock.

Key Headlines Impacting Oceaneering International

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

• Positive Sentiment: Oceaneering reported Q2 revenue of $768.2 million, up 10% year over year and above estimates, while diluted EPS of $0.65 also beat expectations. Profitability improved as net income, gross profit, and operating profit all rose, and the company highlighted record EBITDA. Article Title
• Positive Sentiment: Management projected third-quarter 2026 consolidated revenue growth and EBITDA in the range of $115 million to $125 million, reinforcing expectations for continued momentum. Article Title
• Neutral Sentiment: Several follow-up articles highlighted the earnings call, record EBITDA, and “strong earnings momentum,” which may be supporting investor confidence but do not appear to add new fundamental information. Article Title
• Negative Sentiment: One post-earnings note argued that Oceaneering’s improved diversification may already be reflected in the stock, suggesting limited upside from here. Article Title

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.