Vanguard Personalized Indexing Management LLC Purchases 2,138 Shares of Oshkosh Corporation $OSK

Vanguard Personalized Indexing Management LLC lifted its position in shares of Oshkosh Corporation (NYSE:OSK) by 19.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,004 shares of the company’s stock after buying an additional 2,138 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Oshkosh were worth $1,477,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in OSK. AQR Capital Management LLC lifted its stake in shares of Oshkosh by 267.3% during the 1st quarter. AQR Capital Management LLC now owns 1,363,556 shares of the company’s stock worth $126,224,000 after purchasing an additional 992,313 shares during the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Oshkosh during the 1st quarter worth $54,860,000. Dimensional Fund Advisors LP lifted its stake in shares of Oshkosh by 15.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,672,423 shares of the company’s stock worth $251,417,000 after purchasing an additional 354,714 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Oshkosh by 14.7% during the 1st quarter. American Century Companies Inc. now owns 2,328,880 shares of the company’s stock worth $219,101,000 after purchasing an additional 298,470 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Oshkosh in the first quarter worth $23,542,000. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Oshkosh news, SVP Anupam Khare sold 4,000 shares of Oshkosh stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $139.03, for a total value of $556,120.00. Following the sale, the senior vice president owned 13,716 shares in the company, valued at $1,906,935.48. The trade was a 22.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Bryan K. Brandt sold 1,732 shares of Oshkosh stock in a transaction on Monday, August 18th. The shares were sold at an average price of $140.37, for a total value of $243,120.84. Following the completion of the sale, the chief marketing officer owned 10,459 shares in the company, valued at $1,468,129.83. This represents a 14.21% decrease in their position. The disclosure for this sale can be found here. 0.55% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have commented on OSK. Wall Street Zen cut Oshkosh from a “buy” rating to a “hold” rating in a research note on Sunday, September 21st. The Goldman Sachs Group raised Oshkosh from a “neutral” rating to a “buy” rating and increased their price objective for the company from $124.00 to $131.00 in a report on Tuesday, July 1st. Citigroup raised their target price on Oshkosh from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, September 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of Oshkosh in a report on Wednesday, October 8th. Finally, Zacks Research lowered Oshkosh from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Ten research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $147.08.

Oshkosh Stock Performance

Shares of Oshkosh stock opened at $132.07 on Friday. Oshkosh Corporation has a one year low of $76.82 and a one year high of $144.30. The company has a market cap of $8.45 billion, a price-to-earnings ratio of 13.26, a PEG ratio of 1.69 and a beta of 1.47. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.92 and a current ratio of 1.84. The business’s 50 day moving average price is $135.44 and its 200 day moving average price is $116.21.

Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Friday, August 1st. The company reported $3.41 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.43. Oshkosh had a return on equity of 16.70% and a net margin of 6.25%.The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.67 billion. During the same quarter last year, the business posted $3.34 earnings per share. The firm’s revenue was down 4.0% compared to the same quarter last year. Oshkosh has set its FY 2025 guidance at 11.000-11.000 EPS. On average, research analysts predict that Oshkosh Corporation will post 10.96 EPS for the current year.

Oshkosh Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Tuesday, August 19th were given a $0.51 dividend. The ex-dividend date was Tuesday, August 19th. This represents a $2.04 dividend on an annualized basis and a yield of 1.5%. Oshkosh’s payout ratio is currently 20.48%.

About Oshkosh

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.