SCHEDULE: Royce & Associates LP Discloses 9.07% Stake in OneWater Marine Inc.

Royce & Associates LP, an investment adviser, has filed an amended Schedule 13G disclosing a 9.07% beneficial ownership stake in OneWater Marine Inc.'s Class A Common Stock.

Summary

• Royce & Associates LP, a New York-based investment adviser, reported beneficial ownership of 1,480,000 shares of OneWater Marine Inc. Class A Common Stock.
• This ownership represents 9.07% of the Class A Common Stock outstanding.
• Royce & Associates LP holds sole voting power and sole dispositive power over all 1,480,000 shares.
• This filing is Amendment No. 11, indicating a change from previous ownership disclosures.
• The securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a neutral, factual disclosure of beneficial ownership, not containing positive or negative performance indicators.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance or outlook.

Management Comments

• Royce & Associates LP certifies that, to the best of its knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

This Schedule 13G filing indicates that Royce & Associates LP, a significant investment adviser, maintains a substantial passive investment in OneWater Marine Inc. Such filings are standard disclosures required by the SEC when an institutional investor's beneficial ownership of a company's stock exceeds 5%. It reflects an investment firm's confidence or strategic positioning in the recreational marine industry, where OneWater Marine operates as a leading boat retailer.

Stakeholder Impact

• Shareholders of OneWater Marine Inc. gain transparency into the significant institutional ownership structure, specifically the stake held by Royce & Associates LP.
• The disclosure of a substantial stake by an investment adviser can signal institutional confidence in the company's long-term prospects, potentially influencing investor sentiment.

Key Dates

Keywords

OneWater Marine Inc., Royce & Associates LP, Beneficial Ownership, Schedule 13G, Class A Common Stock, Investment Adviser, Equity Stake, OWMC