OII Oceaneering International Inc

Oceaneering International, Inc. has announced the appointment of Michael W. Sumruld as senior vice president and chief financial officer, effective January 1, 2026. Sumruld succeeds Alan R. Curtis, who will retire but continue in an advisory capacity for a smooth transition. Sumruld joined Oceaneering in 2025 after extensive experience as CFO for Parker Drilling Company and previous roles at LyondellBasell Industries N.V. and Baker Hughes Incorporated.

Fort Washington Investment Advisors Inc. OH increased its stake in Oceaneering International, Inc. by 14.8%, acquiring an additional 167,548 shares and now owning 1,301,792 shares valued at approximately $32.26 million. Institutional investors collectively own about 93.93% of OII. The company exceeded Q3 earnings estimates, reporting an EPS of $0.55 against an expected $0.42 and revenues of $742.9 million, a 9.3% year-over-year increase.

Boston Trust Walden Corp increased its stake in Oceaneering International, Inc. (NYSE:OII) by 13.1% during the third quarter, acquiring an additional 68,825 shares. Other institutional investors have also modified their positions in the company. Analyst ratings for Oceaneering International are varied, with an average "Hold" rating and a price target of $25.00.

Annex Advisory Services LLC has acquired a new position in Oceaneering International, Inc. (NYSE:OII), purchasing 53,597 shares valued at approximately $1.33 million as of the third quarter. This move makes Annex Advisory Services LLC the owner of about 0.05% of the company's stock. Oceaneering International recently outperformed third-quarter earnings estimates, reporting $0.55 EPS against an expected $0.42, with revenues up 9.3% year-over-year.

Despite a recent 5.8% stock decline, Oceaneering International's strong financials suggest potential long-term value. The company exhibits a high Return on Equity (ROE) of 25%, significantly above the industry average, and has achieved substantial net income growth of 81% over the past five years by reinvesting all profits. This financial health indicates that the current stock weakness might not reflect the company's underlying strength.

This article assesses Oceaneering International's valuation, highlighting its potential undervaluation based on discounted cash flow and price-to-earnings analyses. Despite recent contract wins boosting its long-term outlook, the company's stock has experienced choppy performance, down 10.5% year-to-date. The analysis suggests a significant discount to fair value, particularly when considering its PE ratio compared to industry averages and its Fair Ratio.