Empirical Finance LLC lessened its position in Oshkosh Corporation (NYSE:OSK – Free Report) by 53.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 4,942 shares of the company’s stock after selling 5,571 shares during the period. Empirical Finance LLC’s holdings in Oshkosh were worth $758,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Tower View Wealth Management LLC bought a new stake in shares of Oshkosh during the first quarter valued at approximately $29,000. Fiduciary Financial Advisors purchased a new position in Oshkosh in the 2nd quarter worth approximately $38,000. Whittier Trust Co. lifted its position 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 in the last quarter. Basepoint Wealth LLC bought a new position in Oshkosh in the 4th quarter valued at approximately $51,000. Finally, Global Retirement Partners LLC boosted its stake in Oshkosh by 284.9% during the 4th quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock valued at $51,000 after purchasing an additional 302 shares during the last quarter. Hedge funds and other institutional investors own 92.36% of the company’s stock.
Wall Street Analyst Weigh In
OSK has been the subject of a number of research analyst reports. DA Davidson lifted their target price on Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Wall Street Zen raised Oshkosh from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. JPMorgan Chase & Co. increased their price objective on Oshkosh from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Robert W. Baird lifted their price objective on Oshkosh from $172.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Finally, Zacks Research raised Oshkosh from a “strong sell” rating to a “hold” rating in a research report on Friday, August 21st. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Oshkosh currently has an average rating of “Moderate Buy” and a consensus price target of $170.71.
Oshkosh Trading Down 3.0%
NYSE:OSK opened at $147.53 on Friday. The company has a current ratio of 1.72, a quick ratio of 0.96 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 has a market cap of $9.11 billion, a PE ratio of 16.88, a price-to-earnings-growth ratio of 1.13 and a beta of 1.27. The company has a 50 day simple moving average of $150.46 and a two-hundred day simple moving average of $146.79.
Oshkosh (NYSE:OSK – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.24. The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.80 billion. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the business earned $3.41 EPS. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Research analysts forecast that Oshkosh Corporation will post 10.72 earnings per share for the current year.
Oshkosh Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Thursday, August 13th. Oshkosh’s dividend payout ratio is 26.09%.
Oshkosh Profile
Oshkosh Corporation (NYSE: OSK) is a manufacturer of specialty vehicles and equipment headquartered in Oshkosh, Wisconsin. Founded in 1917, the company serves commercial, government and municipal customers in markets that require purpose-built vehicles for demanding operating environments.
Oshkosh operates through businesses focused on access equipment, defense, fire apparatus and vocational vehicles. Its products include aerial work platforms and other equipment used in construction and industrial applications; tactical vehicles, trailers and related systems for defense and security customers; fire trucks, airport rescue vehicles and emergency response equipment; and vocational vehicles for refuse collection, concrete placement, snow removal and other specialized tasks.
The company serves customers in North America and international markets through a combination of manufacturing operations, dealerships, distributors and direct sales.
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