SCHEDULE 13G/A: EARNEST Partners LLC Discloses 4.2% Passive Stake in Oceaneering International
Beneficial Ownership Report
Investment adviser EARNEST Partners LLC has filed an amended Schedule 13G, reporting a 4.2% beneficial ownership stake in Oceaneering International Inc. as of March 31, 2025.
Summary
- EARNEST Partners LLC, an investment adviser based in Delaware, filed an Amendment No. 7 to Schedule 13G regarding its beneficial ownership in Oceaneering International Inc.
- The filing indicates that as of March 31, 2025, EARNEST Partners LLC beneficially owns an aggregate of 4,217,394 shares of Oceaneering International Inc. Common Stock.
- This ownership represents 4.2% of the total class of securities outstanding.
- EARNEST Partners LLC holds sole voting power over 2,906,242 shares and shared voting power over 422,895 shares.
- The firm also holds sole dispositive power over all 4,217,394 shares, with no shared dispositive power.
- 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 Oceaneering International Inc.
- No single client interest managed by EARNEST Partners LLC accounts for more than five percent of the class of securities.
Sentiment
Score: 5
Explanation: The document is a routine beneficial ownership disclosure and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
The document does not provide any forward-looking statements or guidance regarding the issuer's future performance or outlook.
Industry Context
Oceaneering International Inc. operates in the offshore energy and marine technology sectors. This filing indicates a passive investment by an institutional investment adviser, EARNEST Partners LLC, in a company within this industry, reflecting a routine disclosure of a non-controlling equity stake.
Stakeholder Impact
- Provides transparency to shareholders and potential investors regarding the ownership structure of Oceaneering International Inc.
- Informs the market about the passive investment activities of EARNEST Partners LLC.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement |
| 05/14/2025 | Date of signature and filing of the Schedule 13G Amendment No. 7 |
Keywords
Oceaneering International, EARNEST Partners LLC, Schedule 13G, beneficial ownership, common stock, investment adviser, SEC filing, equity stake
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