Wellington Management Group LLP Has $98.33 Million Stock Position in Tidewater Inc. $TDW

Posted by Stanley Muller on Sep 2nd, 2026

Wellington Management Group LLP boosted its position in shares of Tidewater Inc. (NYSE:TDW – Free Report) by 11.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,475,804 shares of the oil and gas company’s stock after purchasing an additional 147,189 shares during the period. Wellington Management Group LLP owned about 2.97% of Tidewater worth $98,333,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Tidewater during the second quarter worth approximately $503,200,000. Robotti Robert acquired a new position in shares of Tidewater in the 2nd quarter worth approximately $193,652,000. State Street Corp grew its position in Tidewater by 4.7% during the 4th quarter. State Street Corp now owns 1,901,880 shares of the oil and gas company’s stock worth $96,064,000 after acquiring an additional 85,697 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Tidewater by 4.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,838,769 shares of the oil and gas company’s stock worth $153,623,000 after acquiring an additional 86,084 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in Tidewater by 104.3% during the 4th quarter. Cerity Partners LLC now owns 1,142,935 shares of the oil and gas company’s stock valued at $57,730,000 after purchasing an additional 583,607 shares in the last quarter. 95.13% of the stock is owned by institutional investors.

Tidewater Stock Performance

Shares of NYSE:TDW opened at $96.44 on Wednesday. The company has a current ratio of 3.58, a quick ratio of 3.47 and a debt-to-equity ratio of 0.47. Tidewater Inc. has a 1-year low of $46.65 and a 1-year high of $98.66. The stock has a market capitalization of $4.80 billion, a P/E ratio of 19.52 and a beta of 0.56. The business has a 50-day moving average price of $80.07 and a two-hundred day moving average price of $79.32.

Tidewater (NYSE:TDW – Get Free Report) last issued its earnings results on Monday, August 3rd. The oil and gas company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.03). Tidewater had a net margin of 18.34% and a return on equity of 5.36%. The business had revenue of $342.29 million during the quarter, compared to the consensus estimate of $329.97 million. During the same period last year, the business posted $1.46 EPS. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. Equities analysts predict that Tidewater Inc. will post 3.08 earnings per share for the current year.

Analyst Ratings Changes

TDW has been the topic of a number of recent analyst reports. Fearnley Fonds raised Tidewater from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 5th. Weiss Ratings cut Tidewater from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 28th. BTIG Research upgraded shares of Tidewater from a “neutral” rating to a “buy” rating and set a $120.00 price target on the stock in a research report on Tuesday. Barclays increased their price objective on shares of Tidewater from $86.00 to $91.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Finally, Zacks Research cut shares of Tidewater from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Tidewater presently has an average rating of “Moderate Buy” and a consensus target price of $98.25.

Read Our Latest Report on Tidewater

Insider Transactions at Tidewater

In other Tidewater news, EVP Samuel R. Rubio sold 17,705 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $91.56, for a total value of $1,621,069.80. Following the transaction, the executive vice president directly owned 33,214 shares of the company’s stock, valued at approximately $3,041,073.84. This trade represents a 34.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 5.90% of the company’s stock.

Tidewater Profile

(Free Report)

Tidewater Inc is a leading global provider of offshore marine support vessels, serving the energy sector with a focus on the oil and gas industry. Headquartered in Houston, Texas, the company operates a diverse fleet of platform supply vessels (PSVs), anchor handling tug supply vessels (AHTSs), crew boats and other specialized vessels designed to support offshore drilling, production and construction activities.

The company’s fleet is equipped to handle a range of maritime services, including the transport of personnel, equipment and bulk materials; anchor handling and mooring operations; and subsea construction support.