First Financial Bank Trust Division Sells 354 Shares of Oshkosh Co. (NYSE:OSK)

First Financial Bank Trust Division reduced its position in shares of Oshkosh Co. (NYSE:OSK) by 11.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,671 shares of the company’s stock after selling 354 shares during the quarter. First Financial Bank Trust Division’s holdings in Oshkosh were worth $254,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in OSK. American Century Companies Inc. increased its stake in shares of Oshkosh by 19.6% during the second quarter. American Century Companies Inc. now owns 1,434,702 shares of the company’s stock valued at $155,235,000 after buying an additional 235,496 shares during the period. Assenagon Asset Management S.A. increased its position in Oshkosh by 3,329.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 240,223 shares of the company’s stock valued at $24,073,000 after purchasing an additional 233,218 shares during the period. Renaissance Technologies LLC bought a new position in Oshkosh in the 2nd quarter worth $11,368,000. BNP Paribas Financial Markets lifted its position in shares of Oshkosh by 154.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 160,102 shares of the company’s stock worth $16,044,000 after purchasing an additional 97,282 shares during the period. Finally, AQR Capital Management LLC boosted its stake in shares of Oshkosh by 15.9% during the 2nd quarter. AQR Capital Management LLC now owns 623,463 shares of the company’s stock valued at $66,405,000 after purchasing an additional 85,698 shares in the last quarter. Institutional investors own 92.36% of the company’s stock.

Analyst Upgrades and Downgrades

OSK has been the subject of several research analyst reports. Robert W. Baird lowered their price objective on shares of Oshkosh from $171.00 to $160.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. JPMorgan Chase & Co. raised their target price on Oshkosh from $120.00 to $125.00 and gave the company a “neutral” rating in a research note on Monday, October 14th. UBS Group dropped their price target on Oshkosh from $129.00 to $125.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. Finally, Truist Financial increased their price objective on Oshkosh from $113.00 to $116.00 and gave the stock a “hold” rating in a report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $123.00.

Oshkosh Stock Down 1.6 %

NYSE:OSK traded down $1.50 on Thursday, reaching $93.57. 401,585 shares of the stock traded hands, compared to its average volume of 517,056. The company’s fifty day simple moving average is $105.19 and its 200 day simple moving average is $104.56. The company has a market capitalization of $6.09 billion, a price-to-earnings ratio of 9.08, a PEG ratio of 0.98 and a beta of 1.19. Oshkosh Co. has a 12 month low of $92.61 and a 12 month high of $127.98. The company has a current ratio of 1.46, a quick ratio of 0.79 and a debt-to-equity ratio of 0.15.

Oshkosh (NYSE:OSK) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.87 by $0.06. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.63 billion. Oshkosh had a net margin of 6.41% and a return on equity of 19.87%. Equities analysts predict that Oshkosh Co. will post 11.35 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date of this dividend was Friday, November 15th. Oshkosh’s payout ratio is currently 17.86%.

Oshkosh Profile

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.