Oshkosh Corporation (NYSE:OSK) Given Average Rating of “Moderate Buy” by Analysts

Oshkosh Corporation (NYSE:OSK) has received an average recommendation of “Moderate Buy” from the seventeen ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $171.3333.

Several brokerages recently commented on OSK. JPMorgan Chase & Co. raised their price objective on shares of Oshkosh from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Wall Street Zen upgraded shares of Oshkosh from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Zacks Research cut shares of Oshkosh from a “hold” rating to a “strong sell” rating in a report on Thursday, July 23rd. Citigroup downgraded shares of Oshkosh from a “buy” rating to a “neutral” rating and reduced their price target for the company from $180.00 to $170.00 in a research report on Monday, April 13th. Finally, DA Davidson upped their price target on Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th.

Insiders Place Their Bets

In other news, Director Duncan Palmer sold 505 shares of the firm’s stock in a transaction 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 completion of the transaction, the director owned 39,684 shares in the company, valued at $5,312,100.24. This trade represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Oshkosh

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OSK. Tower View Wealth Management LLC acquired a new position in shares of Oshkosh during the 1st quarter worth approximately $29,000. Torren Management LLC acquired a new position in shares of Oshkosh during the 4th quarter valued at about $30,000. V Square Quantitative Management LLC purchased a new position in shares of Oshkosh during the 4th quarter worth about $44,000. Whittier Trust Co. boosted its position in shares of Oshkosh by 33.7% in the first quarter. Whittier Trust Co. now owns 373 shares of the company’s stock worth $55,000 after acquiring an additional 94 shares during the last quarter. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of Oshkosh in the fourth quarter worth approximately $47,000. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Up 0.4%

OSK opened at $153.35 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.72 and a quick ratio of 0.96. Oshkosh has a 12 month low of $116.77 and a 12 month high of $180.49. The stock has a market capitalization of $9.47 billion, a P/E ratio of 17.55, a P/E/G ratio of 0.94 and a beta of 1.25. The business has a 50 day simple moving average of $142.74 and a 200-day simple moving average of $148.11.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.24. The firm had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.80 billion. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.Oshkosh’s revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.41 earnings per share. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. On average, equities analysts anticipate that Oshkosh will post 10.72 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be 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 is Thursday, August 13th. Oshkosh’s payout ratio is presently 26.09%.

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.