Oshkosh Corporation $OSK Shares Sold by Skylands Capital LLC

Skylands Capital LLC decreased its position in shares of Oshkosh Corporation (NYSE:OSK) by 3.4% in the 1st quarter, HoldingsChannel reports. The fund owned 134,379 shares of the company’s stock after selling 4,721 shares during the period. Oshkosh makes up about 2.6% of Skylands Capital LLC’s holdings, making the stock its 8th biggest holding. Skylands Capital LLC’s holdings in Oshkosh were worth $19,782,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of OSK. Southpoint Capital Advisors LP acquired a new stake in Oshkosh in the 4th quarter valued at $175,882,000. Norges Bank acquired a new position in shares of Oshkosh during the fourth quarter valued at about $127,907,000. First Trust Advisors LP grew its holdings in shares of Oshkosh by 408.7% during the fourth quarter. First Trust Advisors LP now owns 1,213,804 shares of the company’s stock valued at $152,490,000 after buying an additional 975,206 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Oshkosh by 908.0% during the third quarter. Alliancebernstein L.P. now owns 913,497 shares of the company’s stock worth $118,481,000 after acquiring an additional 822,874 shares in the last quarter. Finally, Capital Research Global Investors raised its holdings in shares of Oshkosh by 143.9% in the 4th quarter. Capital Research Global Investors now owns 1,193,156 shares of the company’s stock worth $149,896,000 after acquiring an additional 704,022 shares during the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Truist Financial restated a “hold” rating and issued a $176.00 target price (down from $183.00) on shares of Oshkosh in a report on Monday, May 11th. Wall Street Zen lowered Oshkosh from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Zacks Research raised shares of Oshkosh from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 5th. Evercore reaffirmed an “outperform” rating and issued a $181.00 price objective on shares of Oshkosh in a report on Monday, May 11th. Finally, Robert W. Baird lowered their target price on shares of Oshkosh from $175.00 to $172.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. Ten research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $165.38.

Oshkosh Stock Performance

NYSE OSK opened at $151.30 on Friday. The company’s 50 day simple moving average is $137.90 and its two-hundred day simple moving average is $145.65. 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 $112.59 and a 1 year high of $180.49. The stock has a market capitalization of $9.43 billion, a PE ratio of 16.85, a P/E/G ratio of 0.74 and a beta of 1.26.

Oshkosh (NYSE:OSK) last issued its quarterly 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 quarter last year, the business posted $1.92 EPS. The business’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. Analysts predict that Oshkosh Corporation will post 11 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were given a dividend of $0.57 per share. The ex-dividend date was Tuesday, May 26th. This represents a $2.28 annualized dividend and a dividend yield of 1.5%. Oshkosh’s dividend payout ratio (DPR) is 25.39%.

Insiders Place Their Bets

In other Oshkosh news, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total transaction of $67,599.30. Following the completion of the sale, the director owned 39,684 shares of the company’s stock, valued at $5,312,100.24. The trade was a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by insiders.

About Oshkosh

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.