Tidewater (NYSE:TDW) Hits New 52-Week High – Should You Buy?

Shares of Tidewater Inc. (NYSE:TDWGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as $82.00 and last traded at $78.8130, with a volume of 1567407 shares. The stock had previously closed at $73.38.

Trending Headlines about Tidewater

Here are the key news stories impacting Tidewater this week:

  • Positive Sentiment: Tidewater agreed to acquire Wilson Sons Ultratug Participações S.A. and Atlantic Offshore Services S.A. for about $500 million (enterprise value, including assumed debt), adding 22 platform supply vessels (PSVs) and strengthening its offshore-service footprint in Brazil — a market where scale and local presence can drive higher utilization and revenue. Tidewater Announces the All-Cash Acquisition of Wilson Sons Ultratug Offshore
  • Positive Sentiment: The deal materially increases Tidewater’s fleet and Brazil exposure at a time of improving offshore activity; the market is rewarding that growth/scale story as shares trade near their 52‑week high and above the 50‑ and 200‑day moving averages (technical momentum). TDW stock page
  • Neutral Sentiment: Analysts maintain a mostly conservative stance: TDW carries a consensus “Hold” rating and an average price target below the current trading level, signaling limited near‑term upside from analysts despite the acquisition. Tidewater Inc. Receives Consensus Recommendation of “Hold” from Analysts
  • Neutral Sentiment: Company fundamentals are mixed: solid liquidity (current ratio ~2.9), moderate leverage (debt/equity ~0.57) and a PE around 26.5 — investors will watch how the $500M cash outlay and assumed debt are financed and how quickly the acquired fleet generates incremental EBITDA.
  • Negative Sentiment: Insider selling: EVP Daniel Hudson sold 15,000 shares at ~$77.50 on Feb. 23 (about $1.16M), reducing his holding by ~22.7% — a signal some investors read as profit‑taking or reduced insider conviction that can temper enthusiasm after the acquisition news. Tidewater EVP Daniel Hudson Sells 15,000 Shares

Wall Street Analysts Forecast Growth

TDW has been the topic of a number of recent research reports. Zacks Research raised Tidewater from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Evercore dropped their target price on Tidewater from $67.00 to $65.00 and set an “in-line” rating for the company in a report on Wednesday, November 12th. Raymond James Financial restated an “outperform” rating on shares of Tidewater in a research note on Monday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tidewater in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Tidewater has an average rating of “Hold” and an average target price of $67.50.

Read Our Latest Analysis on TDW

Tidewater Trading Up 7.4%

The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.79 and a current ratio of 2.89. The company has a market capitalization of $3.91 billion, a price-to-earnings ratio of 26.54 and a beta of 0.65. The firm has a fifty day moving average price of $59.78 and a 200-day moving average price of $56.67.

Insider Transactions at Tidewater

In other Tidewater news, EVP Daniel A. Hudson sold 15,000 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $77.50, for a total value of $1,162,500.00. Following the transaction, the executive vice president directly owned 50,986 shares of the company’s stock, valued at $3,951,415. This trade represents a 22.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.60% of the stock is owned by insiders.

Institutional Trading of Tidewater

Several large investors have recently made changes to their positions in TDW. Lido Advisors LLC raised its position in Tidewater by 2.8% during the fourth quarter. Lido Advisors LLC now owns 5,509 shares of the oil and gas company’s stock valued at $290,000 after purchasing an additional 149 shares in the last quarter. Clearstead Advisors LLC increased its stake in shares of Tidewater by 22.2% in the 4th quarter. Clearstead Advisors LLC now owns 871 shares of the oil and gas company’s stock valued at $44,000 after purchasing an additional 158 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of Tidewater by 15.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,239 shares of the oil and gas company’s stock worth $63,000 after buying an additional 166 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in shares of Tidewater by 1.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 10,579 shares of the oil and gas company’s stock worth $534,000 after buying an additional 200 shares during the last quarter. Finally, Manatuck Hill Partners LLC boosted its stake in Tidewater by 5.1% in the fourth quarter. Manatuck Hill Partners LLC now owns 4,100 shares of the oil and gas company’s stock valued at $207,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 95.13% of the company’s stock.

Tidewater Company Profile

(Get Free Report)

Tidewater Inc is a leading global provider of offshore marine support vessels, serving the energy sector with a focus on the oil and gas industry. Headquartered in Houston, Texas, the company operates a diverse fleet of platform supply vessels (PSVs), anchor handling tug supply vessels (AHTSs), crew boats and other specialized vessels designed to support offshore drilling, production and construction activities.

The company’s fleet is equipped to handle a range of maritime services, including the transport of personnel, equipment and bulk materials; anchor handling and mooring operations; and subsea construction support.

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