Gamco Investors INC. ET AL Has $9.68 Million Stock Holdings in Oceaneering International, Inc. (NYSE:OII)

Gamco Investors INC. ET AL boosted its stake in Oceaneering International, Inc. (NYSE:OII) by 7.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 371,040 shares of the oil and gas company’s stock after buying an additional 26,750 shares during the period. Gamco Investors INC. ET AL’s holdings in Oceaneering International were worth $9,677,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. HighTower Advisors LLC boosted its holdings in shares of Oceaneering International by 6.3% during the third quarter. HighTower Advisors LLC now owns 11,616 shares of the oil and gas company’s stock worth $286,000 after acquiring an additional 687 shares during the period. Stifel Financial Corp boosted its stake in Oceaneering International by 51.8% in the 3rd 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. Jane Street Group LLC grew its holdings in Oceaneering International by 5.4% in the 3rd quarter. Jane Street Group LLC now owns 130,145 shares of the oil and gas company’s stock valued at $3,237,000 after buying an additional 6,630 shares in the last quarter. Barclays PLC increased its position in Oceaneering International by 334.5% during the 3rd quarter. Barclays PLC now owns 180,470 shares of the oil and gas company’s stock worth $4,489,000 after buying an additional 138,931 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Oceaneering International by 1.2% during the third quarter. Geode Capital Management LLC now owns 2,279,039 shares of the oil and gas company’s stock worth $56,691,000 after buying an additional 26,328 shares in the last quarter. 93.93% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Pickering Energy Partners upgraded shares of Oceaneering International from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 2nd. Citigroup lowered shares of Oceaneering International from a “buy” rating to a “neutral” rating and set a $30.00 target price on the stock. in a research report on Friday, January 10th. StockNews.com downgraded shares of Oceaneering International from a “buy” rating to a “hold” rating in a research report on Saturday, March 1st. Barclays reduced their price target on 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. Finally, TD Cowen increased 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. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $28.25.

Oceaneering International Stock Down 0.3 %

Shares of OII opened at $16.94 on Wednesday. The firm has a 50 day simple moving average of $21.10 and a two-hundred day simple moving average of $24.55. The company has a market cap of $1.71 billion, a P/E ratio of 11.76 and a beta of 1.94. Oceaneering International, Inc. has a one year low of $15.46 and a one year high of $30.98. 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 (NYSE:OII) last released its quarterly earnings data 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 business had revenue of $713.45 million during the quarter, compared to analyst estimates of $681.60 million. Oceaneering International had a net margin of 5.54% and a return on equity of 17.29%. Research analysts forecast that Oceaneering International, Inc. will post 1.78 EPS for the current fiscal year.

Oceaneering International 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.