Crossmark Global Holdings Inc. decreased its stake in Oshkosh Corporation (NYSE:OSK – Free Report) by 83.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,991 shares of the company’s stock after selling 10,321 shares during the period. Crossmark Global Holdings Inc.’s holdings in Oshkosh were worth $250,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of OSK. Abich Financial Wealth Management LLC acquired a new position in shares of Oshkosh in the 3rd quarter valued at $29,000. Torren Management LLC acquired a new position in shares of Oshkosh in the 4th quarter valued at $30,000. Quent Capital LLC acquired a new position in shares of Oshkosh in the 3rd quarter valued at $35,000. Root Financial Partners LLC acquired a new position in shares of Oshkosh in the 3rd quarter valued at $35,000. Finally, V Square Quantitative Management LLC acquired a new position in shares of Oshkosh in the 4th quarter valued at $44,000. Institutional investors and hedge funds own 92.36% of the company’s stock.
Analyst Ratings Changes
Several research analysts have recently issued reports on OSK shares. UBS Group upped their target price on shares of Oshkosh from $167.00 to $197.00 and gave the company a “buy” rating in a report on Friday, March 6th. Truist Financial restated a “hold” rating and issued a $176.00 target price (down from $183.00) on shares of Oshkosh in a report on Monday, May 11th. Evercore restated an “outperform” rating and issued a $181.00 target price on shares of Oshkosh in a report on Monday, May 11th. Raymond James Financial restated an “outperform” rating and issued a $175.00 target price on shares of Oshkosh in a report on Monday, March 2nd. Finally, Sanford C. Bernstein set a $138.00 price target on shares of Oshkosh in a research report on Thursday, April 9th. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $165.38.
Oshkosh Stock Down 4.6%
OSK stock opened at $120.28 on Friday. The company has a fifty day moving average price of $146.88 and a 200 day moving average price of $143.96. Oshkosh Corporation has a 12 month low of $96.03 and a 12 month high of $180.49. The company has a market cap of $7.50 billion, a price-to-earnings ratio of 13.39, a price-to-earnings-growth ratio of 0.59 and a beta of 1.33. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.63 and a quick ratio of 0.83.
Oshkosh (NYSE:OSK – Get Free Report) last released its quarterly earnings results on Friday, May 8th. The company reported $0.85 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.19). Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The business had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter last year, the company earned $1.92 EPS. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Sell-side analysts expect that Oshkosh Corporation will post 11 earnings per share for the current year.
Oshkosh Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th will be given a $0.57 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $2.28 annualized dividend and a yield of 1.9%. Oshkosh’s dividend payout ratio is 25.39%.
Insider Buying and Selling at Oshkosh
In other Oshkosh news, SVP Anupam Khare sold 4,000 shares of the company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $169.07, for a total transaction of $676,280.00. Following the completion of the transaction, the senior vice president owned 13,577 shares in the company, valued at approximately $2,295,463.39. This represents a 22.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Duncan Palmer sold 505 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total transaction of $67,599.30. Following the transaction, the director owned 39,684 shares of the company’s stock, valued at approximately $5,312,100.24. The trade was a 1.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by corporate insiders.
Oshkosh Profile
Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.
Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.
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