Pacer Advisors Inc. Has $15.45 Million Holdings in Tidewater Inc. $TDW

Pacer Advisors Inc. cut its stake in Tidewater Inc. (NYSE:TDW) by 12.0% in the first quarter, Holdings Channel.com reports. The firm owned 184,959 shares of the oil and gas company’s stock after selling 25,323 shares during the period. Pacer Advisors Inc.’s holdings in Tidewater were worth $15,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. bought a new position in shares of Tidewater during the 1st quarter worth about $26,000. Clearstead Advisors LLC lifted its stake in shares of Tidewater by 22.2% in the fourth quarter. Clearstead Advisors LLC now owns 871 shares of the oil and gas company’s stock valued at $44,000 after buying an additional 158 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Tidewater by 701.6% in the second quarter. EverSource Wealth Advisors LLC now owns 994 shares of the oil and gas company’s stock valued at $46,000 after buying an additional 870 shares during the period. Headlands Technologies LLC acquired a new stake in Tidewater during the second quarter worth about $47,000. Finally, Aster Capital Management DIFC Ltd acquired a new stake in Tidewater during the fourth quarter worth about $53,000. 95.13% of the stock is currently owned by institutional investors and hedge funds.

Tidewater News Roundup

Here are the key news stories impacting Tidewater this week:

• Positive Sentiment: Second-quarter revenue reached $342.3 million, above analyst expectations of approximately $330 million and slightly higher than the prior-year period. Revenue also increased 4.9% sequentially. Tidewater beats expectations in strong Q2 CY2026
• Positive Sentiment: Operating indicators improved: the average day rate rose 2.9% sequentially to $22,938, while the leading-edge day rate increased 7.5% to $24,341. These gains support the outlook for Tidewater’s offshore vessel business. Tidewater Q2 revenue rises to $342.3 million
• Positive Sentiment: Cash generation remained strong, with $67.0 million of operating cash flow and $64.4 million of free cash flow. Tidewater ended the quarter with $613.5 million in cash and retains $500 million of share-repurchase authorization. Tidewater reports results for the six months ended June 30, 2026
• Neutral Sentiment: Tidewater expects to close its WSUT acquisition around September 1, 2026. The deal could expand the fleet and revenue base, although integration and capital requirements remain considerations.
• Negative Sentiment: Adjusted quarterly EPS of $0.43 fell sharply from $1.46 a year earlier and missed the $0.46 consensus cited by some analysts, despite beating the lower Zacks estimate of $0.32. Net income declined to $21.7 million as gross and operating profit margins narrowed. Tidewater Q2 earnings and revenues beat estimates
• Negative Sentiment: Updated 2026 revenue guidance of $1.42 billion to $1.47 billion is below the roughly $1.5 billion consensus expectation, potentially limiting upside if vessel-rate growth does not accelerate.
• Negative Sentiment: Reported insider activity showed sales by executives and no purchases during the past six months, a modest negative signal for investor sentiment.

Tidewater Stock Performance

NYSE:TDW opened at $84.13 on Wednesday. Tidewater Inc. has a 12-month low of $46.65 and a 12-month high of $93.13. The company has a quick ratio of 3.22, a current ratio of 3.33 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $4.18 billion, a PE ratio of 14.09 and a beta of 0.53. The firm has a 50-day moving average price of $72.42 and a 200 day moving average price of $75.32.

Tidewater (NYSE:TDW) last released its quarterly earnings data on Monday, August 3rd. The oil and gas company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.03). The company had revenue of $342.29 million for the quarter, compared to analyst estimates of $329.97 million. Tidewater had a net margin of 18.34% and a return on equity of 5.46%. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.46 earnings per share. Research analysts anticipate that Tidewater Inc. will post 3.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Pickering Energy Partners upgraded Tidewater from an “underperform” rating to a “neutral” rating in a research note on Thursday, June 11th. Weiss Ratings lowered Tidewater from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 28th. Zacks Research cut Tidewater from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. Barclays upped their target price on Tidewater from $80.00 to $86.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Finally, Fearnley Fonds raised Tidewater from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Tidewater has a consensus rating of “Hold” and a consensus target price of $89.33.

Tidewater Company Profile

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.