Oceaneering International (NYSE:OII) Reaches New 1-Year High – Here’s Why

17 Apr 2026, 18:23 by Amy Steele · The Cerbat Gem

Oceaneering International, Inc. (NYSE:OII – Get Free Report)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $39.06 and last traded at $38.4720, with a volume of 1448387 shares traded. The stock had previously closed at $36.73.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on OII shares. Weiss Ratings upgraded Oceaneering International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. Zacks Research downgraded Oceaneering International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Wall Street Zen lowered Oceaneering International from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Citigroup increased their price target on shares of Oceaneering International from $25.00 to $35.00 and gave the stock a “neutral” rating in a report on Tuesday, March 10th. Finally, TD Cowen raised their price objective on shares of Oceaneering International from $28.00 to $34.00 and gave the company a “hold” rating in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Oceaneering International has an average rating of “Hold” and a consensus target price of $33.67.

Get Our Latest Stock Report on OII

Oceaneering International Trading Up 1.9%

The company has a debt-to-equity ratio of 0.45, a current ratio of 1.99 and a quick ratio of 1.72. The stock has a market cap of $3.73 billion, a P/E ratio of 10.69 and a beta of 1.18. The firm’s fifty day moving average price is $35.28 and its two-hundred day moving average price is $28.73.

Oceaneering International (NYSE:OII – Get Free Report) last posted its earnings results on Wednesday, February 18th. The oil and gas company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. The business had revenue of $668.57 million during the quarter, compared to analysts’ expectations of $678.16 million. Oceaneering International had a return on equity of 21.58% and a net margin of 12.71%.The firm’s revenue was down 6.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.37 earnings per share. As a group, equities research analysts forecast that Oceaneering International, Inc. will post 1.78 EPS for the current year.

Insider Activity

In other news, SVP Earl Childress sold 22,518 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $37.41, for a total transaction of $842,398.38. Following the completion of the transaction, the senior vice president owned 35,577 shares of the company’s stock, valued at approximately $1,330,935.57. The trade was a 38.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Christopher J. Dyer sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $38.08, for a total transaction of $228,480.00. Following the completion of the transaction, the senior vice president owned 15,902 shares in the company, valued at approximately $605,548.16. This trade represents a 27.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 111,689 shares of company stock worth $4,204,360. Company insiders own 1.30% of the company’s stock.

Institutional Trading of Oceaneering International

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Oceaneering International by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 12,371,147 shares of the oil and gas company’s stock worth $297,279,000 after acquiring an additional 187,707 shares in the last quarter. State Street Corp raised its position in Oceaneering International by 4.9% during the fourth quarter. State Street Corp now owns 4,647,252 shares of the oil and gas company’s stock valued at $111,673,000 after purchasing an additional 215,366 shares in the last quarter. Morgan Stanley Institutional Investment Advisors LLC bought a new stake in Oceaneering International during the fourth quarter worth about $94,847,000. American Century Companies Inc. lifted its stake in Oceaneering International by 8.1% during the third quarter. American Century Companies Inc. now owns 3,642,873 shares of the oil and gas company’s stock worth $90,270,000 after purchasing an additional 272,667 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Oceaneering International by 5.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,477,068 shares of the oil and gas company’s stock worth $83,556,000 after purchasing an additional 191,117 shares in the last quarter. 93.93% of the stock is 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.