Fenimore Asset Management Inc Boosts Stock Holdings in OneSpaWorld Holdings Limited $OSW

Fenimore Asset Management Inc lifted its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 0.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 935,555 shares of the company’s stock after acquiring an additional 4,188 shares during the period. Fenimore Asset Management Inc owned approximately 0.91% of OneSpaWorld worth $19,076,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Amalgamated Bank boosted its stake in OneSpaWorld by 22.2% in the 1st quarter. Amalgamated Bank now owns 3,479 shares of the company’s stock worth $58,000 after purchasing an additional 631 shares during the period. Virtus Advisers LLC purchased a new position in OneSpaWorld during the first quarter valued at approximately $67,000. Smartleaf Asset Management LLC grew its stake in OneSpaWorld by 27.9% during the first quarter. Smartleaf Asset Management LLC now owns 6,608 shares of the company’s stock valued at $109,000 after acquiring an additional 1,443 shares in the last quarter. GAMMA Investing LLC increased its holdings in OneSpaWorld by 2,005.8% during the 1st quarter. GAMMA Investing LLC now owns 8,697 shares of the company’s stock worth $146,000 after acquiring an additional 8,284 shares during the period. Finally, MQS Management LLC purchased a new stake in OneSpaWorld in the 1st quarter worth approximately $185,000. 95.98% of the stock is currently owned by institutional investors.

OneSpaWorld Trading Up 1.2%

NASDAQ:OSW opened at $20.93 on Monday. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 30.78 and a beta of 1.29. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.17. OneSpaWorld Holdings Limited has a 52 week low of $14.21 and a 52 week high of $23.28. The company’s 50 day moving average price is $21.97 and its 200-day moving average price is $19.95.

OneSpaWorld (NASDAQ:OSW) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. OneSpaWorld had a net margin of 7.74% and a return on equity of 15.93%. The company had revenue of $240.73 million for the quarter, compared to the consensus estimate of $238.28 million. During the same quarter last year, the firm posted $0.20 earnings per share. The firm’s revenue was up 7.0% compared to the same quarter last year. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts forecast that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current fiscal year.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Wednesday, August 20th were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, August 20th. OneSpaWorld’s dividend payout ratio is 23.53%.

Insider Activity

In related news, Director Andrew R. Heyer sold 31,289 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $21.59, for a total value of $675,529.51. Following the transaction, the director owned 332,145 shares of the company’s stock, valued at $7,171,010.55. This represents a 8.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Glenn Fusfield sold 23,116 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $21.57, for a total transaction of $498,612.12. Following the completion of the sale, the director owned 151,799 shares of the company’s stock, valued at approximately $3,274,304.43. This trade represents a 13.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 235,763 shares of company stock worth $5,202,595 in the last ninety days. 3.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on OSW shares. William Blair reaffirmed an “outperform” rating on shares of OneSpaWorld in a report on Wednesday, July 23rd. Truist Financial boosted their target price on OneSpaWorld from $19.00 to $21.00 and gave the stock a “buy” rating in a research report on Monday, June 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OneSpaWorld in a report on Saturday, September 27th. Stifel Nicolaus boosted their price objective on OneSpaWorld from $23.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Wall Street Zen downgraded OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Friday, September 26th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $22.67.

OneSpaWorld Company Profile

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.