Empowered Funds LLC Buys 22,811 Shares of Oshkosh Corporation $OSK

Empowered Funds LLC boosted its stake in Oshkosh Corporation (NYSE:OSK) by 44.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 74,573 shares of the company’s stock after purchasing an additional 22,811 shares during the quarter. Empowered Funds LLC’s holdings in Oshkosh were worth $10,978,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of OSK. Tower View Wealth Management LLC bought a new stake in Oshkosh in the 1st quarter valued at about $29,000. Torren Management LLC bought a new stake in shares of Oshkosh during the fourth quarter valued at approximately $30,000. V Square Quantitative Management LLC bought a new stake in shares of Oshkosh during the fourth quarter valued at approximately $44,000. Lodestone Wealth Management LLC acquired a new position in shares of Oshkosh during the fourth quarter worth approximately $47,000. Finally, Global Retirement Partners LLC raised 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 purchasing an additional 302 shares during the period. 92.36% of the stock is owned by institutional investors.

Insider Activity at Oshkosh

In related news, Director Duncan Palmer sold 505 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total transaction of $67,599.30. Following the transaction, the director directly owned 39,684 shares of the company’s stock, valued at $5,312,100.24. This trade represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by corporate insiders.

Oshkosh Stock Up 0.1%

Shares of NYSE:OSK opened at $142.93 on Friday. The business’s 50 day moving average is $140.59 and its 200 day moving average is $148.13. Oshkosh Corporation has a 12-month low of $116.77 and a 12-month high of $180.49. The stock has a market cap of $8.82 billion, a price-to-earnings ratio of 16.35, a PEG ratio of 0.71 and a beta of 1.23. The company has a quick ratio of 0.83, a current ratio of 1.72 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK) last released its quarterly earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.63 by $0.24. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.80 billion. During the same period in the prior year, the firm posted $3.41 EPS. Oshkosh’s quarterly revenue was up 6.7% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. On average, sell-side analysts forecast that Oshkosh Corporation will post 10.78 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be issued a $0.57 dividend. 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 is currently 26.09%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on OSK. Evercore reissued an “outperform” rating and issued a $181.00 price target on shares of Oshkosh in a research report on Monday, May 11th. Robert W. Baird lifted their price objective on shares of Oshkosh from $172.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday. Wall Street Zen cut shares of Oshkosh from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Truist Financial boosted their target price on shares of Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Finally, Sanford C. Bernstein set a $138.00 target price on shares of Oshkosh in a report on Thursday, April 9th. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Oshkosh presently has an average rating of “Moderate Buy” and a consensus price target of $171.33.

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.