LSV Asset Management Raises Stock Position in Oshkosh Corporation $OSK

LSV Asset Management lifted its stake in shares of Oshkosh Corporation (NYSE:OSK) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,913,769 shares of the company’s stock after acquiring an additional 17,944 shares during the quarter. LSV Asset Management’s holdings in Oshkosh were worth $240,427,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. 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 worth $51,000 after acquiring an additional 302 shares during the period. Mach 1 Financial Group LLC purchased a new position in shares of Oshkosh during the fourth quarter worth approximately $497,000. Leonteq Securities AG purchased a new position in shares of Oshkosh during the fourth quarter worth approximately $516,000. IFP Advisors Inc increased its position in shares of Oshkosh by 11.7% during the fourth quarter. IFP Advisors Inc now owns 838 shares of the company’s stock worth $105,000 after acquiring an additional 88 shares during the period. Finally, Midwest Professional Planners LTD. increased its position in shares of Oshkosh by 6.8% during the fourth quarter. Midwest Professional Planners LTD. now owns 31,289 shares of the company’s stock worth $3,931,000 after acquiring an additional 1,994 shares during the period. 92.36% of the stock is owned by hedge funds and other institutional investors.

Oshkosh Stock Performance

Shares of OSK stock opened at $128.44 on Friday. The firm has a market cap of $8.01 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 0.62 and a beta of 1.33. The company’s 50 day moving average is $143.79 and its 200 day moving average is $143.78. The company has a quick ratio of 0.83, a current ratio of 1.63 and a debt-to-equity ratio of 0.13. Oshkosh Corporation has a 52-week low of $96.03 and a 52-week high of $180.49.

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

Oshkosh Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th will be issued a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, May 26th. Oshkosh’s payout ratio is currently 25.39%.

Insider Buying and Selling at Oshkosh

In other Oshkosh news, SVP Anupam Khare sold 4,000 shares of Oshkosh stock in a transaction on Friday, February 27th. The shares were sold at an average price of $169.07, for a total value of $676,280.00. Following the transaction, the senior vice president directly owned 13,577 shares of the company’s stock, valued at approximately $2,295,463.39. The trade was a 22.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction on 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 transaction, the director directly owned 39,684 shares in the company, valued at $5,312,100.24. This represents a 1.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on OSK shares. UBS Group raised their target price on shares of Oshkosh from $167.00 to $197.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Morgan Stanley reduced their target price on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 12th. Sanford C. Bernstein set a $138.00 target price on shares of Oshkosh in a research report on Thursday, April 9th. Citigroup lowered shares of Oshkosh from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $180.00 to $170.00 in a research report on Monday, April 13th. Finally, Raymond James Financial reissued an “outperform” rating and set a $175.00 price objective on shares of Oshkosh in a report on Monday, March 2nd. Ten investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $165.38.

Oshkosh 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.