Intech Investment Management LLC Acquires 4,522 Shares of Oshkosh Corporation $OSK

Intech Investment Management LLC boosted its holdings in shares of Oshkosh Corporation (NYSE:OSK) by 25.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,440 shares of the company’s stock after purchasing an additional 4,522 shares during the period. Intech Investment Management LLC’s holdings in Oshkosh were worth $2,819,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Keybank National Association OH bought a new position in shares of Oshkosh in the third quarter valued at about $422,000. Mutual Advisors LLC bought a new position in shares of Oshkosh in the third quarter worth about $849,000. Murphy Middleton Hinkle & Parker Inc. acquired a new position in shares of Oshkosh during the fourth quarter worth approximately $4,183,000. Peterson Wealth Services grew its stake in shares of Oshkosh by 3,459.5% during the third quarter. Peterson Wealth Services now owns 56,952 shares of the company’s stock valued at $7,387,000 after purchasing an additional 55,352 shares during the last quarter. Finally, Convergence Investment Partners LLC bought a new stake in shares of Oshkosh during the third quarter valued at approximately $1,162,000. Institutional investors own 92.36% of the company’s stock.

Oshkosh Stock Up 4.4%

Shares of NYSE OSK opened at $131.70 on Wednesday. The firm has a market capitalization of $8.21 billion, a PE ratio of 14.67, a price-to-earnings-growth ratio of 0.62 and a beta of 1.26. The company has a current ratio of 1.63, a quick ratio of 0.83 and a debt-to-equity ratio of 0.13. Oshkosh Corporation has a 1 year low of $100.12 and a 1 year high of $180.49. The firm’s 50-day moving average is $141.56 and its 200-day moving average is $144.18.

Oshkosh (NYSE:OSK) last issued its earnings results on Friday, May 8th. The company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.19). The business had revenue of $2.32 billion during 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%. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period last year, the business posted $1.92 EPS. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Equities analysts expect that Oshkosh Corporation will post 11 EPS for the current year.

Oshkosh Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th will be paid 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 dividend payout ratio (DPR) is 25.39%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. UBS Group raised their price target on shares of Oshkosh from $167.00 to $197.00 and gave the company a “buy” rating in a report on Friday, March 6th. Truist Financial reissued a “hold” rating and issued a $176.00 price target (down from $183.00) on shares of Oshkosh in a report on Monday, May 11th. Morgan Stanley lowered their price target on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a report on Tuesday, May 12th. Citigroup lowered shares of Oshkosh from a “buy” rating to a “neutral” rating and lowered their price target for the company from $180.00 to $170.00 in a report on Monday, April 13th. Finally, Sanford C. Bernstein set a $138.00 price target on shares of Oshkosh in a report on Thursday, April 9th. Eleven equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $165.38.

Insiders Place Their Bets

In related news, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total transaction of $67,599.30. Following the transaction, the director owned 39,684 shares of the company’s stock, 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 can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by insiders.

Oshkosh Company Profile

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.