Oceaneering International (NYSE:OII) Price Target Raised to $47.00

Posted by Geri Gentry on Jul 30th, 2026

Oceaneering International (NYSE:OII – Free Report) had its price target hoisted by Barclays from $39.00 to $47.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has an equal weight rating on the oil and gas company’s stock.

Several other research firms have also weighed in on OII. Citigroup raised their price objective on Oceaneering International from $35.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, June 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Oceaneering International in a research note on Friday, May 22nd. TD Cowen boosted their price objective on Oceaneering International from $34.00 to $36.00 and gave the stock a “hold” rating in a research report on Thursday, April 30th. Finally, Wall Street Zen raised Oceaneering International from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $41.00.

Read Our Latest Report on Oceaneering International

Oceaneering International Price Performance

Shares of NYSE:OII opened at $46.64 on Monday. 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 stock has a market capitalization of $4.64 billion, a PE ratio of 13.40 and a beta of 1.15. The firm has a 50 day moving average of $40.45 and a 200-day moving average of $36.55. Oceaneering International has a 12 month low of $20.79 and a 12 month high of $53.98.

Insiders Place Their Bets

In related 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 transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Oceaneering International

A number of institutional investors and hedge funds have recently modified their holdings of the business. Wilmington Savings Fund Society FSB acquired a new stake in Oceaneering International in the third quarter worth $28,000. EverSource Wealth Advisors LLC boosted its holdings in Oceaneering International by 335.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,442 shares of the oil and gas company’s stock worth $30,000 after acquiring an additional 1,111 shares in the last quarter. Quarry LP bought a new stake in shares of Oceaneering International during the third quarter valued at approximately $30,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Oceaneering International in the 1st quarter worth $53,000. Finally, Hantz Financial Services Inc. grew its position in Oceaneering International by 248.8% in the 4th quarter. Hantz Financial Services Inc. now owns 2,281 shares of the oil and gas company’s stock valued at $55,000 after purchasing an additional 1,627 shares during the period. 93.93% of the stock is currently owned by 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.