One Capital Management LLC lifted its position in shares of Oshkosh Corporation (NYSE:OSK – Free Report) by 40.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 15,466 shares of the company’s stock after purchasing an additional 4,422 shares during the period. One Capital Management LLC’s holdings in Oshkosh were worth $1,943,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of OSK. Abich Financial Wealth Management LLC purchased a new stake in shares of Oshkosh during the third quarter worth about $29,000. Torren Management LLC purchased a new stake in Oshkosh in the fourth quarter worth about $30,000. V Square Quantitative Management LLC purchased a new stake in Oshkosh in the fourth quarter worth about $44,000. Lodestone Wealth Management LLC purchased a new stake in Oshkosh in the fourth quarter worth about $47,000. Finally, Basepoint Wealth LLC purchased a new stake in Oshkosh in the fourth quarter worth about $51,000. 92.36% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts have commented on OSK shares. Zacks Research upgraded shares of Oshkosh from a “strong sell” rating to a “hold” rating in a report on Thursday, March 5th. Truist Financial restated a “hold” rating and issued a $176.00 price objective (down from $183.00) on shares of Oshkosh in a report on Monday, May 11th. Evercore restated an “outperform” rating and issued a $181.00 price objective on shares of Oshkosh in a report on Monday, May 11th. Sanford C. Bernstein set a $138.00 price objective on shares of Oshkosh in a report on Thursday, April 9th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Oshkosh from $158.00 to $145.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Eleven analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $165.38.
Oshkosh Price Performance
Shares of NYSE OSK opened at $131.70 on Wednesday. Oshkosh Corporation has a fifty-two week low of $100.12 and a fifty-two week high of $180.49. The company has a 50 day simple moving average of $141.56 and a two-hundred day simple moving average of $144.18. The company has a market capitalization of $8.21 billion, a price-to-earnings ratio of 14.67, a P/E/G ratio of 0.62 and a beta of 1.26. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.63.
Oshkosh (NYSE:OSK – Get Free Report) last announced its earnings results on Friday, May 8th. The company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). The business had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. Oshkosh’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the prior year, the business posted $1.92 EPS. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Analysts expect that Oshkosh Corporation will post 11 EPS for the current fiscal year.
Oshkosh Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 26th. Oshkosh’s payout ratio is currently 25.39%.
Insider Activity
In other news, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total value of $67,599.30. Following the completion of the transaction, the director owned 39,684 shares of the company’s stock, valued at $5,312,100.24. The trade was a 1.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by corporate insiders.
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.
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