Oshkosh Corporation $OSK Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC grew its stake in Oshkosh Corporation (NYSE:OSK) by 11.2% during the second quarter, HoldingsChannel reports. The firm owned 127,908 shares of the company’s stock after purchasing an additional 12,872 shares during the quarter. HighTower Advisors LLC’s holdings in Oshkosh were worth $19,631,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Tower View Wealth Management LLC acquired a new stake in shares of Oshkosh during the first quarter worth $29,000. Fiduciary Financial Advisors acquired a new position in Oshkosh in the 2nd quarter valued at $38,000. Basepoint Wealth LLC purchased a new position in Oshkosh during the 4th quarter worth $51,000. Global Retirement Partners LLC raised its position in Oshkosh by 284.9% during the 4th quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock worth $51,000 after buying an additional 302 shares during the last quarter. Finally, Whittier Trust Co. lifted its stake in shares of Oshkosh by 33.7% in the 1st quarter. Whittier Trust Co. now owns 373 shares of the company’s stock worth $55,000 after acquiring an additional 94 shares during the period. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Wall Street Analyst Weigh In

OSK has been the subject of several analyst reports. Truist Financial increased their price target on shares of Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. DA Davidson lifted their price objective on Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Wall Street Zen upgraded Oshkosh from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. Barclays increased their target price on Oshkosh from $150.00 to $170.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings raised Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $170.71.

Oshkosh Stock Performance

Shares of OSK opened at $153.72 on Wednesday. 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 Corporation has a 52-week low of $116.77 and a 52-week high of $180.49. The company has a 50-day simple moving average of $150.21 and a 200-day simple moving average of $147.12. The company has a market capitalization of $9.49 billion, a PE ratio of 17.59, a P/E/G ratio of 1.16 and a beta of 1.27.

Oshkosh (NYSE:OSK) last released 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. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The firm had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the previous year, the firm earned $3.41 earnings per share. The firm’s revenue was up 6.7% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Equities research analysts predict that Oshkosh Corporation will post 10.72 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

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

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.