Hsbc Holdings PLC Has $4.87 Million Stock Holdings in Oshkosh Corporation $OSK

Hsbc Holdings PLC grew its stake in Oshkosh Corporation (NYSE:OSKFree Report) by 80.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,672 shares of the company’s stock after buying an additional 17,282 shares during the period. Hsbc Holdings PLC’s holdings in Oshkosh were worth $4,870,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Goldman Sachs Group Inc. increased its position in Oshkosh by 43.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 225,130 shares of the company’s stock valued at $21,180,000 after purchasing an additional 68,165 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Oshkosh by 8.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 188,191 shares of the company’s stock worth $17,705,000 after purchasing an additional 14,122 shares during the period. Focus Partners Wealth bought a new stake in shares of Oshkosh in the 1st quarter valued at $567,000. Sivia Capital Partners LLC acquired a new stake in shares of Oshkosh during the second quarter worth $325,000. Finally, California Public Employees Retirement System increased its position in shares of Oshkosh by 1.3% during the second quarter. California Public Employees Retirement System now owns 111,199 shares of the company’s stock worth $12,626,000 after buying an additional 1,404 shares during the period. 92.36% of the stock is currently owned by institutional investors.

Insider Activity at Oshkosh

In other news, Director Duncan Palmer sold 505 shares of the company’s stock in a transaction that occurred 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 directly owned 39,684 shares of the company’s stock, valued at $5,312,100.24. This represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by corporate insiders.

Oshkosh Price Performance

OSK stock opened at $151.30 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.63 and a quick ratio of 0.83. The company’s 50-day moving average is $137.90 and its 200-day moving average is $145.65. The stock has a market capitalization of $9.43 billion, a PE ratio of 16.85, a price-to-earnings-growth ratio of 0.74 and a beta of 1.26. Oshkosh Corporation has a 1 year low of $112.59 and a 1 year high of $180.49.

Oshkosh (NYSE:OSKGet Free Report) last issued its earnings results on Friday, May 8th. The company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the previous year, the firm earned $1.92 earnings per share. The business’s quarterly revenue was up .2% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Equities research analysts expect that Oshkosh Corporation will post 11 EPS for the current fiscal year.

Oshkosh Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were issued a dividend of $0.57 per share. The ex-dividend date was Tuesday, May 26th. This represents a $2.28 annualized dividend and a dividend yield of 1.5%. Oshkosh’s payout ratio is currently 25.39%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on OSK. JPMorgan Chase & Co. dropped their target price 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. Sanford C. Bernstein set a $138.00 price target on Oshkosh in a report on Thursday, April 9th. UBS Group boosted their price objective on Oshkosh from $167.00 to $197.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Zacks Research raised Oshkosh from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. Finally, Citigroup lowered Oshkosh from a “buy” rating to a “neutral” rating and cut their target price for the company from $180.00 to $170.00 in a research report on Monday, April 13th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Oshkosh currently has an average rating of “Moderate Buy” and a consensus target price of $165.38.

Check Out Our Latest Report on OSK

Oshkosh Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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