Victory Capital Boosts Stake in Tidewater Inc.

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Victory Capital Management Inc. has significantly increased its stake in Tidewater Inc. (NYSE:TDW), a Houston-based offshore marine support company, according to a recent SEC filing. The institutional investor now owns approximately 303,015 shares of Tidewater, representing a 319.1% increase in its holdings during the third quarter.

Why it matters

Tidewater is a key player in the oil and gas industry, providing offshore marine support vessels for drilling, production, and construction activities. Victory Capital's substantial investment in the company signals confidence in Tidewater's long-term prospects, which could be a positive sign for the broader energy sector.

The details

According to the filing, Victory Capital Management Inc. now owns approximately 0.61% of Tidewater's outstanding shares, up from just 0.15% in the previous quarter. The increased stake was achieved through the acquisition of an additional 230,706 shares. Tidewater's stock has seen a strong performance in recent months, rising from around $58 per share in the third quarter to over $76 per share as of the latest trading session.

• Victory Capital Management Inc. increased its holdings in Tidewater Inc. during the 3rd quarter of 2026.
• Tidewater's stock price has risen from around $58 per share in the 3rd quarter to over $76 per share as of the latest trading session.