Zacks Research Issues Optimistic Outlook for OII Earnings

Oceaneering International, Inc. (NYSE:OII) – Investment analysts at Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for shares of Oceaneering International in a report issued 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 previous 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 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.02). The firm 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%.

Several other equities analysts have also recently weighed in on OII. Barclays lowered their price target 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. Pickering Energy Partners cut Oceaneering International from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 14th. StockNews.com cut Oceaneering International from a “buy” rating to a “hold” rating in a report on Saturday, March 1st. TD Cowen raised 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. Finally, Citigroup cut 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. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $28.25.

Oceaneering International Price Performance

NYSE OII opened at $20.18 on Friday. The business’s fifty day moving average price is $24.21 and its 200-day moving average price is $25.44. The stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of 14.01 and a beta of 2.42. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.74 and a quick ratio of 1.46. Oceaneering International has a 1-year low of $18.87 and a 1-year high of $30.98.

Institutional Investors Weigh In On Oceaneering International

A number of institutional investors have recently bought and sold shares of the business. Inspire Advisors LLC increased its stake in Oceaneering International by 4.9% in the 4th quarter. Inspire Advisors LLC now owns 8,848 shares of the oil and gas company’s stock worth $231,000 after buying an additional 411 shares in the last quarter. Oppenheimer Asset Management Inc. increased its stake in Oceaneering International by 0.6% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 71,032 shares of the oil and gas company’s stock worth $1,853,000 after buying an additional 446 shares in the last quarter. LPL Financial LLC increased its stake in Oceaneering International by 0.8% in the 4th quarter. LPL Financial LLC now owns 56,253 shares of the oil and gas company’s stock worth $1,467,000 after buying an additional 451 shares in the last quarter. Captrust Financial Advisors increased its stake in Oceaneering International by 3.9% in the 3rd quarter. Captrust Financial Advisors now owns 15,271 shares of the oil and gas company’s stock worth $380,000 after buying an additional 578 shares in the last quarter. Finally, Summit Investment Advisors Inc. increased its stake in Oceaneering International by 5.8% in the 4th quarter. Summit Investment Advisors Inc. now owns 10,575 shares of the oil and gas company’s stock worth $276,000 after buying an additional 584 shares in the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Oceaneering International Company Profile

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.