Expect Equity LLC Purchases Shares of 23,225 Oshkosh Corporation $OSK

Expect Equity LLC acquired a new stake in Oshkosh Corporation (NYSE:OSK) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 23,225 shares of the company’s stock, valued at approximately $3,565,000. Oshkosh accounts for about 2.3% of Expect Equity LLC’s holdings, making the stock its 10th largest position.

A number of other hedge funds also recently modified their holdings of OSK. Tower View Wealth Management LLC bought a new stake in shares of Oshkosh during the 1st quarter worth about $29,000. Torren Management LLC bought a new position in Oshkosh in the 4th quarter valued at about $30,000. Fiduciary Financial Advisors acquired a new stake in Oshkosh during the second quarter worth approximately $38,000. Basepoint Wealth LLC bought a new stake in shares of Oshkosh during the fourth quarter worth approximately $51,000. Finally, Global Retirement Partners LLC boosted its holdings in shares of Oshkosh by 284.9% during the fourth quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock worth $51,000 after acquiring an additional 302 shares during the period. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Down 0.6%

Shares of OSK opened at $155.36 on Wednesday. Oshkosh Corporation has a 12 month low of $116.77 and a 12 month high of $180.49. The firm’s 50 day moving average is $148.33 and its 200-day moving average is $148.24. The stock has a market capitalization of $9.59 billion, a PE ratio of 17.78, a P/E/G ratio of 0.96 and a beta of 1.25. The company has a current ratio of 1.72, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.24. The business 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%.The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period in the previous year, the company posted $3.41 earnings per share. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Equities research analysts forecast that Oshkosh Corporation will post 10.72 EPS for the current year.

Oshkosh Dividend Announcement

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 given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Thursday, August 13th. Oshkosh’s dividend payout ratio is presently 26.09%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Evercore reiterated an “outperform” rating and set a $181.00 target price on shares of Oshkosh in a research note on Monday, May 11th. Morgan Stanley reduced their price target on Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. Truist Financial increased their price objective on Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Zacks Research raised Oshkosh from a “strong sell” rating to a “hold” rating in a report on Friday, August 21st. Finally, Weiss Ratings raised shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $170.71.

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.