Algert Global Boosts Stake in Oceaneering International

Institutional investor increases holding in oil and gas services company by over 74%

Mar. 15, 2026 at 7:23am

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Algert Global LLC, an institutional investor, has increased its stake in Oceaneering International, Inc. (NYSE:OII) by 74.2% in the third quarter, according to a recent SEC filing. The firm now owns 649,747 shares of the oil and gas company's stock, worth approximately $16.1 million.

Why it matters

Oceaneering International is a major provider of engineered services and products to the offshore oil and gas industry, as well as aerospace and defense markets. The increase in Algert Global's stake suggests the institutional investor sees value and growth potential in the company, which could signal positive sentiment around Oceaneering's business outlook.

The details

According to the 13F filing, Algert Global acquired an additional 276,818 shares of Oceaneering International in the third quarter, bringing its total position to 649,747 shares. This represents a 74.2% increase in the firm's stake in the company. Algert Global now owns 0.65% of Oceaneering International's outstanding shares.

  • Algert Global increased its stake in Oceaneering International during the third quarter of 2026.

The players

Algert Global LLC

An institutional investor that has increased its stake in Oceaneering International, Inc.

Oceaneering International, Inc.

A global provider of engineered services and products primarily to the offshore oil and gas industry, as well as aerospace, defense, and commercial diving markets.

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The takeaway

The increase in Algert Global's stake in Oceaneering International suggests the institutional investor sees long-term value in the oil and gas services company, which could signal positive sentiment around the firm's business outlook and growth prospects.