Future Fund LLC Raises Stake in Oshkosh Corporation $OSK

Future Fund LLC raised its position in shares of Oshkosh Corporation (NYSE:OSKFree Report) by 42.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 14,916 shares of the company’s stock after purchasing an additional 4,439 shares during the period. Future Fund LLC’s holdings in Oshkosh were worth $1,874,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Abich Financial Wealth Management LLC purchased a new position in Oshkosh during the third quarter valued at approximately $29,000. Torren Management LLC purchased a new position in Oshkosh during the fourth quarter valued at approximately $30,000. V Square Quantitative Management LLC purchased a new position in Oshkosh during the fourth quarter valued at approximately $44,000. Lodestone Wealth Management LLC purchased a new position in Oshkosh during the fourth quarter valued at approximately $47,000. Finally, Basepoint Wealth LLC purchased a new position in Oshkosh during the fourth quarter valued at approximately $51,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Insiders Place Their Bets

In related news, Director Duncan Palmer sold 505 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total value of $67,599.30. Following the sale, the director owned 39,684 shares in the company, valued at approximately $5,312,100.24. The trade was a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.64% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on OSK shares. JPMorgan Chase & Co. lowered their price target on shares of Oshkosh from $158.00 to $145.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Zacks Research raised shares of Oshkosh from a “strong sell” rating to a “hold” rating in a report on Thursday, March 5th. Robert W. Baird lowered their price target on shares of Oshkosh from $175.00 to $172.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. DA Davidson lifted their price objective on shares of Oshkosh from $160.00 to $168.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Finally, Bank of America upgraded shares of Oshkosh from an “underperform” rating to a “neutral” rating and set a $149.00 target price for the company in a research report on Tuesday, February 3rd. Eleven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $165.38.

Read Our Latest Stock Analysis on Oshkosh

Oshkosh Stock Up 0.4%

Shares of OSK stock opened at $130.20 on Friday. The stock has a market cap of $8.12 billion, a P/E ratio of 14.50, a PEG ratio of 0.63 and a beta of 1.33. Oshkosh Corporation has a 52 week low of $97.28 and a 52 week high of $180.49. The company has a quick ratio of 0.83, a current ratio of 1.63 and a debt-to-equity ratio of 0.13. The company’s fifty day simple moving average is $141.92 and its two-hundred day simple moving average is $144.01.

Oshkosh (NYSE:OSKGet Free Report) last announced 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). The company had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The firm’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.92 EPS. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Analysts predict that Oshkosh Corporation will post 11 EPS for the current fiscal 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. This represents a $2.28 annualized dividend and a yield of 1.8%. The ex-dividend date is Tuesday, May 26th. Oshkosh’s payout ratio is currently 25.39%.

About Oshkosh

(Free Report)

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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Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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