OneWater MarineONEW
About: OneWater Marine Inc is a recreational marine retailer in the United States. The company operates in two segment- Dealerships and Distribution. Its dealer groups are located throughout the Southeast, Gulf Coast, Mid-Atlantic, and Northeast. The company's revenue profile is comprised of new boat sales, pre-owned boat sales, finance and insurance products, repair and maintenance services, and parts and accessories. Majority of revenue is generated from sale of new boats.
Employees: 2,319
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
4% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 26
4.68% less ownership
Funds ownership: 76.83% [Q2] → 72.16% (-4.68%) [Q3]
12% less funds holding
Funds holding: 81 [Q2] → 71 (-10) [Q3]
18% less capital invested
Capital invested by funds: $309M [Q2] → $252M (-$56.6M) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
97% less call options, than puts
Call options by funds: $438K | Put options by funds: $13.8M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Stifel Drew Crum 66% 1-year accuracy 21 / 32 met price target | 55%upside $31 | Buy Maintained | 15 Nov 2024 |
Keybanc Brett Andress 63% 1-year accuracy 5 / 8 met price target | 35%upside $27 | Overweight Maintained | 15 Nov 2024 |
Financial journalist opinion
Based on 6 articles about ONEW published over the past 30 days
