SCHEDULE 13G: T. Rowe Price Associates Discloses 7.6% Passive Stake in Tidewater Inc.

T. Rowe Price Associates, Inc. has filed a Schedule 13G, reporting a 7.6% beneficial ownership stake in Tidewater Inc.'s common stock as of March 31, 2025.

Summary

• T. Rowe Price Associates, Inc. reported beneficial ownership of 3,904,826 shares of Tidewater Inc. common stock.
• This ownership represents 7.6% of Tidewater Inc.'s common stock outstanding.
• T. Rowe Price Associates, Inc. holds sole voting power over 3,891,139 shares and sole dispositive power over 3,904,826 shares.
• The filing classifies T. Rowe Price Associates, Inc. as an Investment Adviser.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Tidewater Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Schedule 13G) disclosing a passive ownership stake. It does not contain information that would indicate positive or negative sentiment regarding the issuer's performance or outlook.

Positives

• The filing indicates a significant passive investment by a major institutional investor, T. Rowe Price Associates, Inc., in Tidewater Inc.
• The investment is stated to be for ordinary course of business, not for control purposes, suggesting a long-term, passive holding.

Negatives

• The Schedule 13G filing is a routine ownership disclosure and does not contain information regarding the operational or financial performance of Tidewater Inc. that would indicate negatives.

Risks

• This Schedule 13G filing is a disclosure of beneficial ownership and does not contain information regarding specific risks related to Tidewater Inc.'s operations or financial condition.

Future Outlook

NA

Management Comments

• T. Rowe Price Associates, Inc. certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of Tidewater Inc.
• T. Rowe Price Associates, Inc. expressly denies beneficial ownership of the securities, stating that the filing of Schedule 13G shall not be construed as an admission of such.

Industry Context

This filing is a routine disclosure of a significant passive investment by an institutional asset manager in a publicly traded company. It does not provide specific industry context for Tidewater Inc. beyond its status as a publicly traded entity.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, potentially signaling confidence from a major asset manager.

Key Dates

Keywords

Tidewater Inc., T. Rowe Price Associates, Inc., Schedule 13G, beneficial ownership, common stock, institutional investor, passive investment, SEC filing