Zacks Research Has Optimistic Outlook of OII Q1 Earnings

Oceaneering International, Inc. (NYSE:OII) – Investment analysts at Zacks Research lifted their Q1 2026 earnings estimates for Oceaneering International in a report issued on Wednesday, March 12th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas company will post earnings of $0.43 per share for the quarter, up from their previous estimate of $0.32. The consensus estimate for Oceaneering International’s current full-year earnings is $1.78 per share. Zacks Research also issued estimates for Oceaneering International’s FY2026 earnings at $1.58 EPS and FY2027 earnings at $1.60 EPS.

A number of other research analysts have also recently weighed in on the stock. Barclays cut their price objective on shares of Oceaneering International from $26.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 5th. StockNews.com cut shares of Oceaneering International from a “buy” rating to a “hold” rating in a research report on Saturday, March 1st. TD Cowen boosted their price objective on shares of Oceaneering International from $26.00 to $27.00 and gave the company a “hold” rating in a research report on Wednesday, January 8th. Citigroup cut shares of Oceaneering International from a “buy” rating to a “neutral” rating and set a $30.00 price objective on the stock. in a research report on Friday, January 10th. Finally, Pickering Energy Partners cut shares of Oceaneering International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $28.25.

Oceaneering International Trading Up 3.2 %

Shares of OII opened at $20.18 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.46 and a current ratio of 1.74. Oceaneering International has a fifty-two week low of $18.87 and a fifty-two week high of $30.98. The stock has a market capitalization of $2.03 billion, a PE ratio of 14.01 and a beta of 2.42. The company’s fifty day moving average is $24.21 and its 200 day moving average is $25.45.

Oceaneering International (NYSE:OII) last announced its quarterly earnings results on Wednesday, February 19th. The oil and gas company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.02). Oceaneering International had a return on equity of 17.29% and a net margin of 5.54%. The business had revenue of $713.45 million during the quarter, compared to the consensus estimate of $681.60 million.

Institutional Trading of Oceaneering International

Large investors have recently made changes to their positions in the stock. Algert Global LLC boosted its stake in shares of Oceaneering International by 23.1% during the third quarter. Algert Global LLC now owns 100,013 shares of the oil and gas company’s stock valued at $2,487,000 after purchasing an additional 18,760 shares during the period. Stifel Financial Corp boosted its stake in shares of Oceaneering International by 51.8% during the third quarter. Stifel Financial Corp now owns 68,943 shares of the oil and gas company’s stock valued at $1,715,000 after purchasing an additional 23,512 shares during the period. Fisher Asset Management LLC boosted its stake in shares of Oceaneering International by 32.3% during the third quarter. Fisher Asset Management LLC now owns 132,363 shares of the oil and gas company’s stock valued at $3,292,000 after purchasing an additional 32,297 shares during the period. Barclays PLC boosted its stake in shares of Oceaneering International by 334.5% during the third quarter. Barclays PLC now owns 180,470 shares of the oil and gas company’s stock valued at $4,489,000 after purchasing an additional 138,931 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in shares of Oceaneering International by 3.2% during the fourth quarter. Principal Financial Group Inc. now owns 527,149 shares of the oil and gas company’s stock valued at $13,748,000 after purchasing an additional 16,269 shares during the period. 93.93% of the stock is owned by hedge funds and other institutional investors.

About Oceaneering International

Oceaneering International, Inc provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments.