SCHEDULE 13G/A: Brown Advisory Group Amends Stake in Oceaneering International, Disclosing 6.6% Beneficial Ownership
Beneficial Ownership Report
Brown Advisory Inc. and its affiliated entities have filed an amended Schedule 13G, reporting a collective beneficial ownership of 6.6% in Oceaneering International, Inc. as of March 31, 2025.
Summary
- Brown Advisory Inc., along with its subsidiaries Brown Investment Advisory & Trust Co., Brown Advisory LLC, and Signature Financial Management, Inc., collectively reported beneficial ownership of 6,618,614 shares of Oceaneering International, Inc. common stock.
- This aggregate ownership represents 6.6% of the class of Oceaneering International, Inc.'s common stock.
- Brown Advisory Inc., as the parent holding company, reported sole voting power over 5,743,794 shares and shared dispositive power over 6,618,614 shares.
- Brown Advisory LLC, an investment adviser, reported sole voting power over 5,671,310 shares and shared dispositive power over 6,542,997 shares.
- Brown Investment Advisory & Trust Co., a bank, reported sole voting power and shared dispositive power over 61,870 shares.
- Signature Financial Management, Inc., an investment adviser, reported sole voting power over 2,184 shares and shared dispositive power over 5,317 shares.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 6
Explanation: The document is a standard beneficial ownership disclosure (Schedule 13G/A). It indicates a significant, continued institutional holding by Brown Advisory, which can be viewed as a neutral to slightly positive signal of investor confidence, but it contains no new operational or financial information to significantly alter sentiment.
Positives
- The continued significant beneficial ownership by a major institutional investor group like Brown Advisory may signal ongoing confidence in Oceaneering International, Inc.'s long-term prospects.
Future Outlook
This Schedule 13G/A filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding Oceaneering International, Inc.'s future performance or outlook.
Industry Context
This filing is a routine disclosure of institutional ownership in a publicly traded company. It reflects an investment firm's position in the offshore energy and marine technology sector, but does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders may view the continued significant stake by Brown Advisory as a positive indicator of institutional confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires the filing of this statement, indicating the beneficial ownership snapshot date. |
| 04/18/2025 | Date the Schedule 13G/A filing was signed by Brett D. Rogers, General Counsel & Chief Compliance Officer for the reporting persons. |
Recommendation
holdKeywords
Oceaneering International, OII, Brown Advisory, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Investment Advisory, Shareholding
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