Foster & Motley Inc. Makes New Investment in Oshkosh Corporation $OSK

Foster & Motley Inc. purchased a new position in shares of Oshkosh Corporation (NYSE:OSK) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,745 shares of the company’s stock, valued at approximately $575,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Annex Advisory Services LLC boosted its position in shares of Oshkosh by 2.8% in the 2nd quarter. Annex Advisory Services LLC now owns 2,967 shares of the company’s stock worth $455,000 after purchasing an additional 80 shares in the last quarter. World Investment Advisors increased its position in Oshkosh by 4.7% during the 1st quarter. World Investment Advisors now owns 1,809 shares of the company’s stock valued at $266,000 after buying an additional 82 shares in the last quarter. IFP Advisors Inc raised its stake in Oshkosh by 11.7% in the fourth quarter. IFP Advisors Inc now owns 838 shares of the company’s stock valued at $105,000 after buying an additional 88 shares during the last quarter. Waverly Advisors LLC raised its stake in Oshkosh by 0.5% in the first quarter. Waverly Advisors LLC now owns 18,595 shares of the company’s stock valued at $2,737,000 after buying an additional 90 shares during the last quarter. Finally, Personal CFO Solutions LLC boosted its holdings in Oshkosh by 4.8% in the first quarter. Personal CFO Solutions LLC now owns 1,992 shares of the company’s stock worth $293,000 after acquiring an additional 92 shares in the last quarter. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Analysts Set New Price Targets

OSK has been the topic of several recent analyst reports. Morgan Stanley cut their price objective on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 12th. Zacks Research cut shares of Oshkosh from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 23rd. Wall Street Zen downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a research report on Sunday, August 9th. Evercore restated an “outperform” rating and set a $181.00 price target on shares of Oshkosh in a research note on Monday, May 11th. Finally, DA Davidson raised their price target on shares of Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Eleven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Oshkosh has an average rating of “Moderate Buy” and a consensus target price of $171.33.

Oshkosh Trading Up 1.5%

Shares of Oshkosh stock opened at $149.85 on Thursday. The stock has a market cap of $9.25 billion, a PE ratio of 17.15, a price-to-earnings-growth ratio of 0.91 and a beta of 1.25. The firm has a fifty day moving average price of $146.79 and a 200 day moving average price of $148.23. Oshkosh Corporation has a 1 year low of $116.77 and a 1 year high of $180.49. 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 (NYSE:OSK) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.63 by $0.24. The company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.80 billion. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The firm’s revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the company earned $3.41 earnings per share. 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 year.

Oshkosh Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a $0.57 dividend. The ex-dividend date is Thursday, August 13th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.5%. Oshkosh’s dividend payout ratio is presently 26.09%.

Oshkosh 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.