Oshkosh Corporation (NYSE:OSK) to Issue $0.57 Quarterly Dividend

Oshkosh Corporation (NYSE:OSK) declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Tuesday, May 26th will be given a dividend of 0.57 per share on Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, May 26th.

Oshkosh has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 13 years. Oshkosh has a payout ratio of 19.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Oshkosh to earn $13.74 per share next year, which means the company should continue to be able to cover its $2.28 annual dividend with an expected future payout ratio of 16.6%.

Oshkosh Trading Up 1.0%

NYSE:OSK opened at $128.44 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.63 and a debt-to-equity ratio of 0.13. The business’s 50 day moving average is $143.79 and its two-hundred day moving average is $143.78. Oshkosh has a 52 week low of $96.03 and a 52 week high of $180.49. The company has a market cap of $8.01 billion, a PE ratio of 14.30, a P/E/G ratio of 0.63 and a beta of 1.33.

Oshkosh (NYSE:OSK) last released 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 return on equity of 13.90% and a net margin of 5.54%.The firm had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the business earned $1.92 EPS. The company’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. On average, analysts predict that Oshkosh will post 11 EPS for the current year.

Insider Activity at Oshkosh

In related news, Director Duncan Palmer sold 505 shares of the firm’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 value of $67,599.30. Following the sale, the director directly owned 39,684 shares in the company, valued at $5,312,100.24. This trade represents a 1.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Anupam Khare sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $169.07, for a total value of $676,280.00. Following the completion of the sale, the senior vice president owned 13,577 shares in the company, valued at approximately $2,295,463.39. This represents a 22.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.64% of the stock is owned by company insiders.

Institutional Trading of Oshkosh

Large investors have recently added to or reduced their stakes in the business. Tower View Wealth Management LLC acquired a new stake in Oshkosh in the 1st quarter valued at approximately $29,000. Abich Financial Wealth Management LLC acquired a new stake in Oshkosh in the 3rd quarter valued at approximately $29,000. Torren Management LLC acquired a new stake in Oshkosh in the 4th quarter valued at approximately $30,000. Root Financial Partners LLC acquired a new stake in Oshkosh in the 3rd quarter valued at approximately $35,000. Finally, V Square Quantitative Management LLC acquired a new stake in Oshkosh in the 4th quarter valued at approximately $44,000. 92.36% of the stock is currently owned by institutional investors and hedge funds.

About Oshkosh

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.