Brokerages Set Oshkosh Corporation (NYSE:OSK) Target Price at $170.71

Shares of Oshkosh Corporation (NYSE:OSKGet Free Report) have earned a consensus rating of “Moderate Buy” from the seventeen ratings firms that are presently covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $170.7143.

OSK has been the subject of several analyst reports. Wall Street Zen upgraded shares of Oshkosh from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. DA Davidson raised their price objective on shares of Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. lifted their price objective on shares of Oshkosh from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Barclays boosted their target price on shares of Oshkosh from $150.00 to $170.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Finally, Zacks Research upgraded Oshkosh from a “strong sell” rating to a “hold” rating in a research note on Friday, August 21st.

Get Our Latest Stock Analysis on OSK

Insiders Place Their Bets

In related news, Director John Pfeifer sold 778 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $150.00, for a total value of $116,700.00. Following the completion of the transaction, the director directly owned 150,669 shares of the company’s stock, valued at $22,600,350. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by insiders.

Institutional Trading of Oshkosh

Institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in Oshkosh during the 2nd quarter worth $913,816,000. Norges Bank acquired a new position in Oshkosh in the fourth quarter valued at $127,907,000. Bank of America Corp DE acquired a new position in Oshkosh in the second quarter valued at $135,656,000. Capital Research Global Investors grew its holdings in shares of Oshkosh by 143.9% during the fourth quarter. Capital Research Global Investors now owns 1,193,156 shares of the company’s stock worth $149,896,000 after purchasing an additional 704,022 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of Oshkosh during the second quarter worth about $92,996,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Oshkosh Stock Performance

NYSE:OSK opened at $142.98 on Friday. Oshkosh has a 52 week low of $116.77 and a 52 week high of $180.49. The company has a fifty day simple moving average of $150.61 and a two-hundred day simple moving average of $145.40. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13. The company has a market cap of $8.83 billion, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 1.08 and a beta of 1.27.

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

Oshkosh Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, August 13th. Oshkosh’s dividend payout ratio (DPR) is 26.09%.

Oshkosh Company Profile

(Get Free Report)

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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Analyst Recommendations for Oshkosh (NYSE:OSK)

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