7,255 Shares in Oshkosh Corporation $OSK Purchased by Redwood Investment Management LLC

Redwood Investment Management LLC purchased a new stake in shares of Oshkosh Corporation (NYSE:OSK) during the 1st quarter, Holdings Channel.com reports. The fund purchased 7,255 shares of the company’s stock, valued at approximately $1,068,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its position in shares of Oshkosh by 43.4% during the first quarter. Goldman Sachs Group Inc. now owns 225,130 shares of the company’s stock valued at $21,180,000 after buying an additional 68,165 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Oshkosh by 8.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 188,191 shares of the company’s stock worth $17,705,000 after buying an additional 14,122 shares during the period. Focus Partners Wealth bought a new stake in shares of Oshkosh during the 1st quarter worth approximately $567,000. Sivia Capital Partners LLC bought a new stake in shares of Oshkosh during the 2nd quarter worth approximately $325,000. Finally, California Public Employees Retirement System boosted its holdings in Oshkosh by 1.3% during the 2nd quarter. California Public Employees Retirement System now owns 111,199 shares of the company’s stock valued at $12,626,000 after acquiring an additional 1,404 shares during the period. 92.36% of the stock is owned by hedge funds and other institutional investors.

Oshkosh Stock Up 0.3%

Shares of NYSE OSK opened at $142.78 on Monday. Oshkosh Corporation has a 52-week low of $116.77 and a 52-week high of $180.49. The firm has a market capitalization of $8.82 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 0.89 and a beta of 1.25. The stock has a 50 day moving average price of $140.88 and a 200 day moving average price of $148.09. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.96 and a current ratio of 1.72.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, topping the consensus estimate of $2.63 by $0.24. The company had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.80 billion. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.Oshkosh’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period last year, the business posted $3.41 EPS. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Sell-side analysts expect that Oshkosh Corporation will post 10.54 earnings per share for the current year.

Oshkosh Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a dividend of $0.57 per share. The ex-dividend date is Thursday, August 13th. This represents a $2.28 annualized dividend and a dividend yield of 1.6%. Oshkosh’s dividend payout ratio (DPR) is currently 26.09%.

Analysts Set New Price Targets

Several brokerages have commented on OSK. Wall Street Zen raised Oshkosh from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Sanford C. Bernstein set a $138.00 target price on shares of Oshkosh in a research note on Thursday, April 9th. DA Davidson upped their price target on shares of Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Citigroup downgraded shares of Oshkosh from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $180.00 to $170.00 in a research note on Monday, April 13th. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $171.33.

Insider Activity at Oshkosh

In related 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 value of $67,599.30. Following the completion of the sale, the director directly owned 39,684 shares in the company, valued at $5,312,100.24. The trade was a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.64% of the company’s stock.

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.