Manatuck Hill Partners LLC Takes $6.51 Million Position in Oceaneering International, Inc. $OII

Posted by Stanley Muller on Aug 26th, 2026

Manatuck Hill Partners LLC acquired a new stake in Oceaneering International, Inc. (NYSE:OII – Free Report) during the second quarter, Holdings Channel.com reports. The firm acquired 160,600 shares of the oil and gas company’s stock, valued at approximately $6,508,000. Oceaneering International comprises approximately 2.2% of Manatuck Hill Partners LLC’s portfolio, making the stock its 13th biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in Oceaneering International during the third quarter valued at approximately $28,000. EverSource Wealth Advisors LLC lifted its stake in shares of 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 buying an additional 1,111 shares during the last quarter. Quarry LP acquired a new stake in shares of Oceaneering International in the third quarter worth $30,000. Allworth Financial LP bought a new stake in shares of Oceaneering International during the 2nd quarter worth $42,000. Finally, Whittier Trust Co. of Nevada Inc. bought a new stake in shares of Oceaneering International during the 1st quarter worth $53,000. Institutional investors own 93.93% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on OII. Weiss Ratings downgraded shares of Oceaneering International from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, August 14th. TD Cowen upped their price target on shares of Oceaneering International from $34.00 to $36.00 and gave the company a “hold” rating in a report on Thursday, April 30th. Citigroup upped their price target on shares of Oceaneering International from $40.00 to $52.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Wall Street Zen downgraded Oceaneering International from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Barclays lifted their price objective on Oceaneering International from $39.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Monday, July 27th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $45.00.

View Our Latest Stock Analysis on OII

Insider Transactions at Oceaneering International

In related news, SVP Christopher J. Dyer sold 1,200 shares of the company’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $47.65, for a total value of $57,180.00. Following the completion of the transaction, the senior vice president directly owned 14,702 shares in the company, valued at approximately $700,550.30. This represents a 7.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Paul B. Murphy, Jr. sold 10,000 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $48.37, for a total value of $483,700.00. Following the completion of the transaction, the director directly owned 68,916 shares of the company’s stock, valued at approximately $3,333,466.92. This trade represents a 12.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 26,901 shares of company stock worth $1,277,904 over the last quarter. 1.30% of the stock is owned by company insiders.

Oceaneering International Stock Down 0.7%

NYSE OII opened at $50.08 on Wednesday. Oceaneering International, Inc. has a twelve month low of $22.02 and a twelve month high of $54.25. The stock has a market cap of $4.98 billion, a PE ratio of 14.39 and a beta of 1.15. The firm has a 50-day simple moving average of $45.03 and a 200 day simple moving average of $39.49. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.90 and a current ratio of 2.18.

Oceaneering International (NYSE:OII – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The oil and gas company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.17. The firm had revenue of $768.18 million for the quarter, compared to analyst estimates of $735.69 million. Oceaneering International had a return on equity of 18.40% and a net margin of 12.19%.The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.49 earnings per share. On average, research analysts forecast that Oceaneering International, Inc. will post 2.1 EPS for the current year.

About Oceaneering International

(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.