25,044 Shares in Oceaneering International, Inc. (NYSE:OII) Acquired by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. bought a new position in shares of Oceaneering International, Inc. (NYSE:OII - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 25,044 shares of the oil and gas company's stock, valued at approximately $546,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Savant Capital LLC boosted its stake in Oceaneering International by 20.8% in the 4th quarter. Savant Capital LLC now owns 9,824 shares of the oil and gas company's stock worth $256,000 after purchasing an additional 1,689 shares during the period. Rhumbline Advisers boosted its position in shares of Oceaneering International by 1.8% during the fourth quarter. Rhumbline Advisers now owns 256,524 shares of the oil and gas company's stock worth $6,690,000 after buying an additional 4,530 shares during the period. Congress Asset Management Co. boosted its position in shares of Oceaneering International by 11.2% during the fourth quarter. Congress Asset Management Co. now owns 1,736,307 shares of the oil and gas company's stock worth $45,283,000 after buying an additional 175,434 shares during the period. State of New Jersey Common Pension Fund D grew its holdings in shares of Oceaneering International by 5.2% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 76,417 shares of the oil and gas company's stock worth $1,993,000 after buying an additional 3,785 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in Oceaneering International by 3.2% in the 4th quarter. Principal Financial Group Inc. now owns 527,149 shares of the oil and gas company's stock valued at $13,748,000 after buying an additional 16,269 shares during the last quarter. Institutional investors own 93.93% of the company's stock.

Oceaneering International Stock Up 0.7%

Oceaneering International stock opened at $21.40 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.74 and a quick ratio of 1.46. The company's 50-day moving average is $18.83 and its 200-day moving average is $22.39. The firm has a market capitalization of $2.15 billion, a PE ratio of 14.86 and a beta of 1.48. Oceaneering International, Inc. has a fifty-two week low of $15.46 and a fifty-two week high of $30.98.

Oceaneering International (NYSE:OII - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The oil and gas company reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.07. Oceaneering International had a return on equity of 17.29% and a net margin of 5.54%. The firm had revenue of $674.52 million for the quarter, compared to the consensus estimate of $651.96 million. During the same quarter in the previous year, the business earned $0.14 earnings per share. The business's revenue was up 12.6% compared to the same quarter last year. Sell-side analysts anticipate that Oceaneering International, Inc. will post 1.78 earnings per share for the current year.

Analysts Set New Price Targets

OII has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of Oceaneering International from a "hold" rating to a "buy" rating in a report on Sunday, June 1st. Pickering Energy Partners upgraded shares of Oceaneering International from an "underperform" rating to a "neutral" rating in a research note on Wednesday, April 2nd. Finally, Barclays decreased their price objective on Oceaneering International from $22.00 to $21.00 and set an "equal weight" rating for the company in a report on Monday, April 28th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $28.00.

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.

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