Man Group plc Invests $4.75 Million in Oshkosh Corporation $OSK

Man Group plc purchased a new position in shares of Oshkosh Corporation (NYSE:OSKFree Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 30,920 shares of the company’s stock, valued at approximately $4,746,000. Man Group plc owned approximately 0.05% of Oshkosh as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Tower View Wealth Management LLC purchased a new position in Oshkosh in the 1st quarter valued at approximately $29,000. Fiduciary Financial Advisors purchased a new position in Oshkosh during the second quarter worth approximately $38,000. Basepoint Wealth LLC acquired a new position in shares of Oshkosh in the 4th quarter valued at about $51,000. Global Retirement Partners LLC grew its stake in Oshkosh by 284.9% during the fourth quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock worth $51,000 after buying an additional 302 shares during the period. Finally, Whittier Trust Co. raised its position in Oshkosh by 33.7% in the first quarter. Whittier Trust Co. now owns 373 shares of the company’s stock valued at $55,000 after purchasing an additional 94 shares during the period. 92.36% of the stock is owned by institutional investors and hedge funds.

Oshkosh Trading Up 0.3%

NYSE:OSK opened at $154.37 on Monday. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13. Oshkosh Corporation has a 12 month low of $116.77 and a 12 month high of $180.49. The company’s 50 day moving average is $149.34 and its 200-day moving average is $147.97. The firm has a market cap of $9.53 billion, a price-to-earnings ratio of 17.66, a P/E/G ratio of 0.94 and a beta of 1.25.

Oshkosh (NYSE:OSKGet Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.24. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.The company had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same period in the prior year, the business earned $3.41 earnings per share. Oshkosh’s revenue for the quarter was up 6.7% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Equities analysts anticipate that Oshkosh Corporation will post 10.72 EPS for the current year.

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were issued a dividend of $0.57 per share. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $2.28 annualized dividend and a dividend yield of 1.5%. Oshkosh’s dividend payout ratio (DPR) is presently 26.09%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on OSK. Wall Street Zen upgraded Oshkosh from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. Weiss Ratings raised shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. DA Davidson upped their price target on shares of Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Zacks Research upgraded Oshkosh from a “strong sell” rating to a “hold” rating in a research report on Friday, August 21st. Finally, Evercore reiterated an “outperform” rating and issued a $181.00 price objective on shares of Oshkosh in a report on Monday, May 11th. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $170.71.

Check Out Our Latest Stock Report on OSK

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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