Analysts Set Oshkosh Corporation (NYSE:OSK) PT at $165.38

Oshkosh Corporation (NYSE:OSK) has earned an average recommendation of “Moderate Buy” from the nineteen research firms that are currently covering the stock, Marketbeat reports. Nine investment analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $165.3750.

A number of equities analysts have commented on the company. Truist Financial reaffirmed a “hold” rating and issued a $176.00 price target (down from $183.00) on shares of Oshkosh in a research note on Monday, May 11th. JPMorgan Chase & Co. decreased their price target on Oshkosh from $158.00 to $145.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Wells Fargo & Company lifted their price target on Oshkosh from $168.00 to $204.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. UBS Group lifted their price target on Oshkosh from $167.00 to $197.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Finally, Weiss Ratings cut Oshkosh from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 11th.

Insider Buying and Selling

In other Oshkosh news, SVP Anupam Khare sold 4,000 shares of Oshkosh stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $169.07, for a total value of $676,280.00. Following the transaction, the senior vice president directly owned 13,577 shares of the company’s stock, valued at $2,295,463.39. The trade was a 22.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction that occurred 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 directly 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by insiders.

Hedge Funds Weigh In On Oshkosh

Several hedge funds have recently made changes to their positions in OSK. Abich Financial Wealth Management LLC purchased a new position in shares of Oshkosh during the third quarter valued at approximately $29,000. Tower View Wealth Management LLC purchased a new position in shares of Oshkosh during the first quarter valued at approximately $29,000. Torren Management LLC purchased a new position in shares of Oshkosh during the fourth quarter valued at approximately $30,000. Quent Capital LLC purchased a new position in shares of Oshkosh during the third quarter valued at approximately $35,000. Finally, Root Financial Partners LLC purchased a new position in shares of Oshkosh during the third quarter valued at approximately $35,000. 92.36% of the stock is owned by hedge funds and other institutional investors.

Oshkosh Stock Performance

NYSE:OSK opened at $127.22 on Friday. The business has a 50 day moving average of $144.27 and a 200 day moving average of $143.89. The company has a market capitalization of $7.93 billion, a price-to-earnings ratio of 14.17, a PEG ratio of 0.61 and a beta of 1.33. Oshkosh has a 1-year low of $96.03 and a 1-year high of $180.49. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.63 and a quick ratio of 0.83.

Oshkosh (NYSE:OSK) last released 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 firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.29 billion. Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.92 EPS. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, sell-side analysts predict that Oshkosh will post 11 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, May 26th. Oshkosh’s payout ratio is 25.39%.

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.