Dynamic Technology Lab Private Ltd Reduces Stock Holdings in Oshkosh Corporation $OSK

Dynamic Technology Lab Private Ltd decreased its position in Oshkosh Corporation (NYSE:OSK) by 41.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 13,552 shares of the company’s stock after selling 9,418 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Oshkosh were worth $1,703,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Abich Financial Wealth Management LLC purchased a new position in Oshkosh in the third quarter valued at approximately $29,000. Torren Management LLC purchased a new position in Oshkosh in the fourth quarter valued at approximately $30,000. V Square Quantitative Management LLC purchased a new position in Oshkosh in the fourth quarter valued at approximately $44,000. Lodestone Wealth Management LLC purchased a new position in Oshkosh in the fourth quarter valued at approximately $47,000. Finally, Basepoint Wealth LLC purchased a new position in Oshkosh in the fourth quarter valued at approximately $51,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Truist Financial reiterated a “hold” rating and issued a $176.00 price objective (down from $183.00) on shares of Oshkosh in a research note on Monday, May 11th. Raymond James Financial reiterated an “outperform” rating and issued a $175.00 price objective on shares of Oshkosh in a research note on Monday, March 2nd. Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, May 26th. Zacks Research raised shares of Oshkosh from a “strong sell” rating to a “hold” rating in a report on Thursday, March 5th. Finally, Citigroup cut shares of Oshkosh from a “buy” rating to a “neutral” rating and lowered their target price for the company from $180.00 to $170.00 in a report on Monday, April 13th. Eleven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Oshkosh presently has an average rating of “Moderate Buy” and an average target price of $165.38.

Insider Buying and Selling at Oshkosh

In other news, Director Duncan Palmer sold 505 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total value of $67,599.30. Following the transaction, the director owned 39,684 shares of the company’s stock, valued at approximately $5,312,100.24. This represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.64% of the company’s stock.

Oshkosh Trading Up 0.8%

Shares of OSK stock opened at $135.10 on Friday. The company’s fifty day simple moving average is $139.43 and its two-hundred day simple moving average is $144.63. 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 Corporation has a 1 year low of $106.37 and a 1 year high of $180.49. The stock has a market capitalization of $8.42 billion, a price-to-earnings ratio of 15.04, a PEG ratio of 0.65 and a beta of 1.26.

Oshkosh (NYSE:OSK) last issued its earnings results on Friday, May 8th. The company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The business had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the previous year, the firm earned $1.92 EPS. The company’s revenue was up .2% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. As a group, analysts anticipate that Oshkosh Corporation will post 11 earnings per share for the current year.

Oshkosh Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were issued a $0.57 dividend. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $2.28 annualized dividend and a dividend yield of 1.7%. Oshkosh’s dividend payout ratio is presently 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.