McGlone Suttner Wealth Management Inc. Buys 228 Shares of Oshkosh Co. (NYSE:OSK)

McGlone Suttner Wealth Management Inc. boosted its stake in Oshkosh Co. (NYSE:OSK) by 5.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,457 shares of the company’s stock after buying an additional 228 shares during the quarter. McGlone Suttner Wealth Management Inc.’s holdings in Oshkosh were worth $424,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. lifted its holdings in shares of Oshkosh by 3,329.3% during the third quarter. Assenagon Asset Management S.A. now owns 240,223 shares of the company’s stock valued at $24,073,000 after acquiring an additional 233,218 shares during the period. BNP Paribas Financial Markets increased its position in shares of Oshkosh by 154.9% during 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 in the last quarter. AQR Capital Management LLC lifted its holdings in 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 during the last quarter. Edgestream Partners L.P. boosted its position in Oshkosh by 704.3% in the third quarter. Edgestream Partners L.P. now owns 68,023 shares of the company’s stock valued at $6,817,000 after buying an additional 59,566 shares in the last quarter. Finally, Holocene Advisors LP bought a new stake in Oshkosh during the third quarter worth about $5,375,000. 92.36% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on OSK. UBS Group reduced their target price on Oshkosh from $129.00 to $125.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. JPMorgan Chase & Co. lowered their target price on Oshkosh from $125.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, January 14th. KeyCorp upgraded shares of Oshkosh from a “sector weight” rating to an “overweight” rating and set a $113.00 price target on the stock in a research report on Friday. Citigroup lowered their price objective on shares of Oshkosh from $125.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Finally, Robert W. Baird reduced their target price on shares of Oshkosh from $171.00 to $160.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, Oshkosh currently has an average rating of “Hold” and an average target price of $121.14.

Oshkosh Trading Up 0.2 %

NYSE:OSK opened at $96.24 on Friday. 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 Co. has a 1-year low of $89.08 and a 1-year high of $127.98. The firm has a market capitalization of $6.26 billion, a price-to-earnings ratio of 9.34, a PEG ratio of 1.01 and a beta of 1.21. The business’s 50-day moving average price is $100.55 and its two-hundred day moving average price is $103.21.

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 analysts’ consensus estimates of $2.87 by $0.06. The business had revenue of $2.74 billion for 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%. On average, equities analysts expect that Oshkosh Co. will post 11.35 earnings per share for the current year.

Oshkosh Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date was Friday, November 15th. Oshkosh’s dividend 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.