Oceaneering International, Inc. (NYSE:OII) Receives $36.67 Consensus Target Price from Brokerages

Posted by Stanley Muller on Jun 9th, 2026

Shares of Oceaneering International, Inc. (NYSE:OII – Get Free Report) have received an average rating of “Hold” from the five research firms that are currently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $36.6667.

Several brokerages recently weighed in on OII. Wall Street Zen downgraded shares of Oceaneering International from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Barclays boosted their price target on shares of Oceaneering International from $32.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. Zacks Research cut shares of Oceaneering International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Oceaneering International in a research note on Friday, May 22nd. Finally, Citigroup boosted their price target on shares of Oceaneering International from $25.00 to $35.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 10th.

Read Our Latest Stock Analysis on Oceaneering International

Oceaneering International Trading Up 5.7%

Shares of Oceaneering International stock opened at $39.26 on Tuesday. The company has a market capitalization of $3.92 billion, a P/E ratio of 11.65 and a beta of 1.16. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.79 and a current ratio of 2.08. The company has a fifty day moving average of $37.42 and a 200 day moving average of $32.36. Oceaneering International has a fifty-two week low of $19.78 and a fifty-two week high of $40.12.

Oceaneering International (NYSE:OII – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The oil and gas company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.05). The firm had revenue of $692.43 million during the quarter, compared to the consensus estimate of $671.35 million. Oceaneering International had a return on equity of 18.35% and a net margin of 12.12%.The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 EPS. On average, sell-side analysts anticipate that Oceaneering International will post 1.89 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Institutional Trading of Oceaneering International

Several hedge funds have recently made changes to their positions in OII. Morgan Stanley Institutional Investment Advisors LLC purchased a new stake in shares of Oceaneering International during the 4th quarter valued at about $94,847,000. Balyasny Asset Management L.P. raised its position in shares of 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 valued at $28,219,000 after buying an additional 1,227,950 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Oceaneering International by 94.7% during 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 buying an additional 371,586 shares in the last quarter. Tudor Investment Corp ET AL raised its position in shares of Oceaneering International by 210.8% during 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 buying an additional 333,666 shares in the last quarter. Finally, Old West Investment Management LLC raised its position in shares of Oceaneering International by 128.2% during the 4th quarter. Old West Investment Management LLC now owns 543,271 shares of the oil and gas company’s stock valued at $13,055,000 after buying an additional 305,168 shares in the last quarter. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

About Oceaneering International

(Get Free Report)

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.