Evolve Private Wealth LLC acquired a new stake in shares of Oshkosh Corporation (NYSE:OSK – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,206 shares of the company’s stock, valued at approximately $646,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Tower View Wealth Management LLC purchased a new position in Oshkosh in the first quarter worth about $29,000. Torren Management LLC purchased a new stake in shares of Oshkosh during the fourth quarter valued at approximately $30,000. Basepoint Wealth LLC bought a new stake in shares of Oshkosh during the fourth quarter valued at approximately $51,000. Global Retirement Partners LLC increased its position in shares of Oshkosh by 284.9% during the fourth quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock valued at $51,000 after acquiring an additional 302 shares in the last quarter. Finally, Whittier Trust Co. raised its holdings in Oshkosh by 33.7% in the 1st quarter. Whittier Trust Co. now owns 373 shares of the company’s stock worth $55,000 after acquiring an additional 94 shares during the last quarter. 92.36% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on OSK shares. DA Davidson upped their price objective on Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Wall Street Zen raised Oshkosh from a “hold” rating to a “buy” rating in a report on Saturday. Truist Financial boosted their price target on Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Weiss Ratings raised Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. Finally, Zacks Research cut Oshkosh from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 23rd. Eleven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Oshkosh has a consensus rating of “Moderate Buy” and an average target price of $171.33.
Oshkosh Stock Down 0.4%
Shares of Oshkosh stock opened at $156.45 on Tuesday. The company has a market cap of $9.66 billion, a price-to-earnings ratio of 17.90, a price-to-earnings-growth ratio of 0.96 and a beta of 1.25. The company’s 50 day moving average is $147.99 and its 200 day moving average is $148.33. Oshkosh Corporation has a twelve month low of $116.77 and a twelve month high of $180.49. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13.
Oshkosh (NYSE:OSK – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.24. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The company had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter last year, the company posted $3.41 earnings per share. The firm’s quarterly revenue was up 6.7% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Research analysts anticipate that Oshkosh Corporation will post 10.72 EPS 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 $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Thursday, August 13th. Oshkosh’s dividend payout ratio (DPR) is 26.09%.
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.
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