Zacks Research Issues Optimistic Outlook for OII Earnings

Oceaneering International, Inc. (NYSE:OII) – Equities researchers at Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for shares of Oceaneering International in a research report issued to clients and investors on Wednesday, March 12th. Zacks Research analyst N. Choudhury now expects that the oil and gas company will earn $0.43 per share for the quarter, up from their prior forecast 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.

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

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

Oceaneering International Stock Up 3.2 %

OII stock opened at $20.18 on Friday. Oceaneering International has a fifty-two week low of $18.87 and a fifty-two week high of $30.98. The business’s 50 day moving average price is $24.21 and its two-hundred day moving average price is $25.44. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.46 and a current ratio of 1.74. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 14.01 and a beta of 2.42.

Institutional Trading of Oceaneering International

Several hedge funds and other institutional investors have recently made changes to their positions in OII. R Squared Ltd purchased a new stake in shares of Oceaneering International in the 4th quarter worth approximately $40,000. Farther Finance Advisors LLC grew its stake in shares of Oceaneering International by 3,594.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,958 shares of the oil and gas company’s stock worth $49,000 after buying an additional 1,905 shares during the last quarter. Millburn Ridgefield Corp purchased a new stake in shares of Oceaneering International in the 3rd quarter worth approximately $57,000. Tower Research Capital LLC TRC lifted its position in Oceaneering International by 191.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,244 shares of the oil and gas company’s stock valued at $85,000 after acquiring an additional 2,131 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in Oceaneering International by 354.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,047 shares of the oil and gas company’s stock valued at $104,000 after acquiring an additional 3,157 shares in the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.

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.