Oceaneering International (NYSE:OII) Stock Price Up 4.7% – Here’s What Happened

Posted by Brenda Bartman on Sep 12th, 2026

Oceaneering International, Inc. (NYSE:OII – Get Free Report) shares rose 4.7% on Thursday . The stock traded as high as $50.67 and last traded at $50.7450. Approximately 409,573 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 1,134,654 shares. The stock had previously closed at $48.49.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on OII. Wall Street Zen cut Oceaneering International from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Citigroup raised their price objective on Oceaneering International from $40.00 to $52.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Barclays lifted their price objective on Oceaneering International from $39.00 to $47.00 and gave the company an “equal weight” rating in a research note on Monday, July 27th. Finally, Weiss Ratings raised shares of Oceaneering International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 31st. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Oceaneering International currently has a consensus rating of “Hold” and an average price target of $45.00.

Check Out Our Latest Research Report on Oceaneering International

Oceaneering International Stock Up 1.6%

The firm has a 50-day moving average of $48.44 and a 200 day moving average of $41.07. The stock has a market capitalization of $5.11 billion, a price-to-earnings ratio of 14.76 and a beta of 1.17. The company has a current ratio of 2.18, a quick ratio of 1.90 and a debt-to-equity ratio of 0.42.

Oceaneering International (NYSE:OII – Get Free Report) last issued its quarterly earnings data 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. Oceaneering International had a net margin of 12.19% and a return on equity of 18.40%. The company had revenue of $768.18 million during the quarter, compared to the consensus estimate of $735.69 million. During the same quarter last year, the company earned $0.49 earnings per share. Oceaneering International’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, sell-side analysts anticipate that Oceaneering International, Inc. will post 2.1 earnings per share for the current year.

Insider Activity

In other Oceaneering International news, SVP Earl Childress sold 12,701 shares of the company’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $46.71, for a total value of $593,263.71. Following the completion of the transaction, the senior vice president directly owned 22,876 shares of the company’s stock, valued at $1,068,537.96. This represents a 35.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Paul B. Murphy, Jr. sold 10,000 shares of Oceaneering International stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $48.37, for a total value of $483,700.00. Following the sale, the director directly owned 68,916 shares in the company, valued at approximately $3,333,466.92. The trade was a 12.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 26,901 shares of company stock worth $1,277,904. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Oceaneering International

A number of hedge funds have recently bought and sold shares of OII. EP Wealth Advisors LLC acquired a new stake in shares of Oceaneering International during the second quarter worth approximately $855,000. Great Lakes Advisors LLC acquired a new stake in Oceaneering International in the second quarter valued at $445,000. Leuthold Group LLC bought a new position in Oceaneering International during the 4th quarter valued at $3,548,000. Fifth Third Bancorp boosted its stake in Oceaneering International by 6,782.5% during the 1st quarter. Fifth Third Bancorp now owns 29,526 shares of the oil and gas company’s stock valued at $1,047,000 after acquiring an additional 29,097 shares during the last quarter. Finally, Brandywine Global Investment Management LLC acquired a new position in Oceaneering International during the 4th quarter worth $5,489,000. Institutional investors and hedge funds own 93.93% of the company’s stock.

Oceaneering International Company Profile

(Get Free Report)

Oceaneering International, Inc is a Houston, Texas-based global engineering and technology company that provides products and services to the offshore energy, defense, aerospace, and industrial markets. The company is best known for its subsea capabilities, including remotely operated vehicles (ROVs), subsea tooling, umbilicals, engineering services, and inspection, maintenance, and repair solutions for offshore infrastructure.

Oceaneering’s business also includes offshore project management, asset integrity management, digital and data solutions, and the design and manufacture of specialized equipment.