Owens & Minor
About: Owens & Minor Inc distributes consumable medical supplies to a variety of providers. The business is under two segments: Products & Healthcare Services and Patient Direct. The Products & Healthcare Services segment manufactures and sources medical surgical products through its production and kitting operations and provides medical supplies and solutions for the prevention of healthcare-associated infections across the acute and alternate site channels. The Patient Direct segment provides delivery of disposable medical supplies sold directly to patients and home health agencies. Majority of the revenue is generated from Products & Healthcare Services segment.
Employees: 13,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
374% more call options, than puts
Call options by funds: $3.15M | Put options by funds: $665K
1% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 73
1.23% less ownership
Funds ownership: 102.35% [Q1] → 101.12% (-1.23%) [Q2]
4% less funds holding
Funds holding: 228 [Q1] → 219 (-9) [Q2]
20% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 46
52% less capital invested
Capital invested by funds: $2.17B [Q1] → $1.04B (-$1.13B) [Q2]
100% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 0 (-2) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
JP Morgan Lisa Gill 54% 1-year accuracy 13 / 24 met price target | 28%upside $18 | Underweight Maintained | 21 Aug 2024 |
Barclays Steven Valiquette 0 / 0 met price target | 28%upside $18 | Equal-Weight Maintained | 5 Aug 2024 |
Citigroup Daniel Grosslight 50% 1-year accuracy 5 / 10 met price target | 35%upside $19 | Buy Upgraded | 19 Jul 2024 |