Leonteq Securities AG bought a new position in shares of Oshkosh Corporation (NYSE:OSK – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 4,109 shares of the company’s stock, valued at approximately $516,000.
A number of other large investors also recently bought and sold shares of the company. LSV Asset Management lifted its holdings in Oshkosh by 1.7% during the 3rd quarter. LSV Asset Management now owns 1,895,825 shares of the company’s stock worth $245,889,000 after buying an additional 31,401 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Oshkosh by 25.4% during the 2nd quarter. AQR Capital Management LLC now owns 1,709,338 shares of the company’s stock worth $193,728,000 after purchasing an additional 345,782 shares during the period. Invesco Ltd. raised its position in shares of Oshkosh by 26.3% during the 3rd quarter. Invesco Ltd. now owns 1,476,969 shares of the company’s stock worth $191,563,000 after purchasing an additional 307,949 shares during the period. Bank of America Corp DE raised its position in shares of Oshkosh by 2.4% during the 2nd quarter. Bank of America Corp DE now owns 1,090,142 shares of the company’s stock worth $123,775,000 after purchasing an additional 25,125 shares during the period. Finally, Alliancebernstein L.P. raised its position in shares of Oshkosh by 908.0% during the 3rd quarter. Alliancebernstein L.P. now owns 913,497 shares of the company’s stock worth $118,481,000 after purchasing an additional 822,874 shares during the period. Institutional investors own 92.36% of the company’s stock.
Oshkosh Stock Up 1.0%
Shares of OSK stock opened at $128.44 on Friday. Oshkosh Corporation has a 1 year low of $96.03 and a 1 year high of $180.49. The stock has a market cap of $8.01 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 0.62 and a beta of 1.33. The business’s fifty day moving average is $143.79 and its 200-day moving average is $143.78. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.63.
Oshkosh Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, May 26th. Oshkosh’s dividend payout ratio (DPR) is 25.39%.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on OSK. Sanford C. Bernstein set a $138.00 price target on Oshkosh in a research report on Thursday, April 9th. Raymond James Financial reiterated an “outperform” rating and set a $175.00 price target on shares of Oshkosh in a research report on Monday, March 2nd. JPMorgan Chase & Co. dropped their price target on Oshkosh from $158.00 to $145.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. UBS Group increased their price target on Oshkosh from $167.00 to $197.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Finally, Wall Street Zen cut Oshkosh from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Ten equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Oshkosh has a consensus rating of “Moderate Buy” and a consensus target price of $165.38.
Check Out Our Latest Stock Analysis on OSK
Insider Buying and Selling at Oshkosh
In related news, Director Duncan Palmer sold 505 shares of the 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 completion of the sale, the director directly owned 39,684 shares in the company, valued at approximately $5,312,100.24. This trade represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Anupam Khare sold 4,000 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $169.07, for a total value of $676,280.00. Following the sale, the senior vice president owned 13,577 shares of the company’s stock, valued at approximately $2,295,463.39. This represents a 22.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.64% of the company’s stock.
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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