Aquatic Capital Management LLC Has $2.35 Million Stake in Oshkosh Co. (NYSE:OSK)

Aquatic Capital Management LLC decreased its stake in Oshkosh Co. (NYSE:OSK) by 5.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,703 shares of the company’s stock after selling 1,497 shares during the quarter. Aquatic Capital Management LLC’s holdings in Oshkosh were worth $2,349,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Oxford Asset Management LLP lifted its stake in Oshkosh by 62.8% in the fourth quarter. Oxford Asset Management LLP now owns 4,382 shares of the company’s stock valued at $417,000 after buying an additional 1,690 shares during the period. Two Sigma Securities LLC bought a new stake in shares of Oshkosh in the fourth quarter worth about $431,000. Coppell Advisory Solutions LLC increased its holdings in shares of Oshkosh by 52.1% in the fourth quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company’s stock worth $30,000 after acquiring an additional 110 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Oshkosh by 9.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,625 shares of the company’s stock worth $3,578,000 after acquiring an additional 3,304 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Oshkosh by 201.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 9,116 shares of the company’s stock worth $867,000 after acquiring an additional 6,095 shares in the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on OSK shares. Citigroup lowered their price target on Oshkosh from $130.00 to $95.00 and set a “buy” rating for the company in a report on Tuesday, April 8th. The Goldman Sachs Group lowered their price target on Oshkosh from $135.00 to $116.00 and set a “neutral” rating for the company in a report on Wednesday, March 19th. KeyCorp lowered their price target on Oshkosh from $132.00 to $120.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. Raymond James increased their price objective on Oshkosh from $125.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Finally, Morgan Stanley decreased their price objective on Oshkosh from $110.00 to $91.00 and set an “equal weight” rating for the company in a report on Wednesday, April 16th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $115.00.

Oshkosh Trading Up 0.1 %

NYSE OSK opened at $88.84 on Tuesday. The company has a market cap of $5.74 billion, a PE ratio of 8.58, a PEG ratio of 1.45 and a beta of 1.26. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14. Oshkosh Co. has a 12 month low of $76.82 and a 12 month high of $123.25. The stock has a 50 day moving average of $92.88 and a 200-day moving average of $99.94.

Oshkosh (NYSE:OSK) last announced its quarterly earnings results on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. On average, equities research analysts anticipate that Oshkosh Co. will post 10.96 EPS for the current fiscal year.

Oshkosh Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were issued a dividend of $0.51 per share. This is an increase from Oshkosh’s previous quarterly dividend of $0.46. The ex-dividend date was Friday, February 14th. This represents a $2.04 annualized dividend and a yield of 2.30%. Oshkosh’s dividend payout ratio (DPR) is currently 19.71%.

Oshkosh Profile

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.