40,143 Shares in Oshkosh Corporation $OSK Acquired by Corient Private Wealth LP

Corient Private Wealth LP purchased a new stake in shares of Oshkosh Corporation (NYSE:OSK) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 40,143 shares of the company’s stock, valued at approximately $6,161,000.

Other institutional investors have also recently bought and sold shares of the company. Tower View Wealth Management LLC acquired a new position in Oshkosh in the first quarter worth $29,000. Fiduciary Financial Advisors acquired a new stake in shares of Oshkosh in the second quarter valued at $38,000. Basepoint Wealth LLC acquired a new stake in shares of Oshkosh in the fourth quarter valued at $51,000. Global Retirement Partners LLC raised its holdings in shares of Oshkosh by 284.9% in the fourth quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock valued at $51,000 after buying an additional 302 shares during the last quarter. Finally, Whittier Trust Co. raised its holdings in shares of Oshkosh by 33.7% in the first quarter. Whittier Trust Co. now owns 373 shares of the company’s stock valued at $55,000 after buying an additional 94 shares during the last quarter. Institutional investors own 92.36% of the company’s stock.

Oshkosh Trading Up 0.3%

Shares of OSK opened at $154.46 on Tuesday. The stock’s fifty day simple moving average is $149.59 and its 200-day simple moving average is $147.82. The firm has a market capitalization of $9.54 billion, a PE ratio of 17.67, a price-to-earnings-growth ratio of 0.94 and a beta of 1.25. Oshkosh Corporation has a 12-month low of $116.77 and a 12-month high of $180.49. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.24. The firm had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.80 billion. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.The company’s revenue was up 6.7% on a year-over-year basis. During the same period last year, the company earned $3.41 earnings per share. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. As a group, research analysts predict that Oshkosh Corporation will post 10.72 earnings per share for the current year.

Oshkosh Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were paid a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Thursday, August 13th. Oshkosh’s dividend payout ratio (DPR) is 26.09%.

Analyst Upgrades and Downgrades

OSK has been the topic of a number of research analyst reports. Truist Financial increased their price objective on shares of Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. 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. JPMorgan Chase & Co. upped their target price 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. Wall Street Zen raised shares of Oshkosh from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. Finally, Robert W. Baird raised their price target on shares of Oshkosh from $172.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $170.71.

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.