Dimensional Fund Advisors LP boosted its position in shares of Oshkosh Corporation (NYSE:OSK – Free Report) by 1.5% during the first quarter, Holdings Channel reports. The firm owned 3,051,511 shares of the company’s stock after buying an additional 46,306 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Oshkosh were worth $449,166,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of OSK. Tower View Wealth Management LLC purchased a new position in shares of Oshkosh in the first quarter valued at $29,000. Torren Management LLC purchased a new stake in shares of Oshkosh in the 4th quarter worth about $30,000. V Square Quantitative Management LLC acquired a new stake in Oshkosh in the 4th quarter valued at about $44,000. Whittier Trust Co. grew its stake in Oshkosh by 33.7% in the 1st quarter. Whittier Trust Co. now owns 373 shares of the company’s stock valued at $55,000 after acquiring an additional 94 shares during the last quarter. Finally, Lodestone Wealth Management LLC purchased a new position in Oshkosh during the 4th quarter valued at about $47,000. Institutional investors and hedge funds own 92.36% of the company’s stock.
Insider Buying and Selling at Oshkosh
In other news, Director Duncan Palmer sold 505 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total transaction of $67,599.30. Following the transaction, the director directly owned 39,684 shares in the company, valued at $5,312,100.24. This represents a 1.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by insiders.
Oshkosh Price Performance
Oshkosh (NYSE:OSK – Get Free Report) last released its 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 analyst estimates of $2.29 billion. During the same quarter in the previous year, the company posted $1.92 earnings per share. The business’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. Equities research analysts expect that Oshkosh Corporation will post 10.87 EPS for the current year.
Oshkosh Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were paid a dividend of $0.57 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.6%. Oshkosh’s dividend payout ratio is currently 25.39%.
Analyst Ratings Changes
A number of equities analysts have issued reports on the stock. Weiss Ratings upgraded shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Wall Street Zen cut shares of Oshkosh from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. JPMorgan Chase & Co. cut their price objective on Oshkosh from $158.00 to $145.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Sanford C. Bernstein set a $138.00 price objective on Oshkosh in a research report on Thursday, April 9th. Finally, Evercore reaffirmed an “outperform” rating and issued a $181.00 target price on shares of Oshkosh in a research note on Monday, May 11th. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Oshkosh presently has an average rating of “Moderate Buy” and an average target price of $168.60.
View Our Latest Stock Analysis on OSK
Oshkosh Company 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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