Bessemer Group Inc. Buys 5,840 Shares of OneSpaWorld Holdings Limited $OSW

Bessemer Group Inc. raised its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 34.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,616 shares of the company’s stock after buying an additional 5,840 shares during the period. Bessemer Group Inc.’s holdings in OneSpaWorld were worth $461,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its position in shares of OneSpaWorld by 21.2% in the second quarter. Envestnet Asset Management Inc. now owns 199,448 shares of the company’s stock valued at $4,067,000 after purchasing an additional 34,884 shares during the last quarter. Ethic Inc. raised its position in OneSpaWorld by 12.3% during the 2nd quarter. Ethic Inc. now owns 17,561 shares of the company’s stock worth $359,000 after purchasing an additional 1,926 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in OneSpaWorld during the 2nd quarter worth $663,000. Moran Wealth Management LLC raised its position in shares of OneSpaWorld by 1.5% in the 2nd quarter. Moran Wealth Management LLC now owns 37,045 shares of the company’s stock worth $755,000 after acquiring an additional 543 shares in the last quarter. Finally, Vest Financial LLC raised its position in shares of OneSpaWorld by 24.9% in the 2nd quarter. Vest Financial LLC now owns 114,033 shares of the company’s stock worth $2,325,000 after acquiring an additional 22,746 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Stock Performance

OneSpaWorld stock opened at $23.27 on Monday. The company has a current ratio of 1.88, a quick ratio of 1.19 and a debt-to-equity ratio of 0.17. The firm has a 50-day moving average of $21.60 and a 200-day moving average of $20.58. The firm has a market cap of $2.39 billion, a P/E ratio of 32.77 and a beta of 1.28. OneSpaWorld Holdings Limited has a 1-year low of $14.21 and a 1-year high of $23.49.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.29 EPS for the quarter, hitting the consensus estimate of $0.29. OneSpaWorld had a net margin of 7.90% and a return on equity of 16.45%. The business had revenue of $258.52 million during the quarter, compared to analyst estimates of $258.41 million. During the same period last year, the business posted $0.26 earnings per share. OneSpaWorld’s quarterly revenue was up 7.0% compared to the same quarter last year. OneSpaWorld has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts expect that OneSpaWorld Holdings Limited will post 0.9 EPS for the current year.

OneSpaWorld Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 3rd. Investors of record on Wednesday, November 19th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.9%. This is an increase from OneSpaWorld’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Wednesday, November 19th. OneSpaWorld’s payout ratio is 22.54%.

Insider Activity at OneSpaWorld

In other OneSpaWorld news, Director Glenn Fusfield sold 11,057 shares of OneSpaWorld stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $22.59, for a total value of $249,777.63. Following the completion of the sale, the director owned 70,360 shares of the company’s stock, valued at approximately $1,589,432.40. The trade was a 13.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andrew R. Heyer sold 31,289 shares of OneSpaWorld stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $21.59, for a total transaction of $675,529.51. Following the transaction, the director owned 332,145 shares in the company, valued at $7,171,010.55. This represents a 8.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 235,763 shares of company stock valued at $5,202,595 in the last three months. 3.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

OSW has been the subject of a number of research analyst reports. Stifel Nicolaus boosted their target price on OneSpaWorld from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. William Blair reissued an “outperform” rating on shares of OneSpaWorld in a report on Wednesday, July 23rd. Wall Street Zen downgraded OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. Cowen restated a “buy” rating on shares of OneSpaWorld in a research note on Friday. Finally, Northcoast Research set a $28.00 price objective on OneSpaWorld and gave the company a “buy” rating in a research note on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $24.60.

OneSpaWorld 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.