New Age Alpha Advisors LLC purchased a new position in Oshkosh Co. (NYSE:OSK - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 40,603 shares of the company's stock, valued at approximately $3,860,000. New Age Alpha Advisors LLC owned about 0.06% of Oshkosh at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. raised its position in Oshkosh by 108.7% during the fourth quarter. Blue Trust Inc. now owns 265 shares of the company's stock valued at $27,000 after purchasing an additional 138 shares in the last quarter. Hager Investment Management Services LLC purchased a new position in shares of Oshkosh during the 4th quarter valued at about $32,000. Brooklyn Investment Group bought a new stake in Oshkosh in the 3rd quarter worth approximately $34,000. V Square Quantitative Management LLC boosted its stake in Oshkosh by 64.1% in the fourth quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock worth $38,000 after buying an additional 157 shares in the last quarter. Finally, Twin Tree Management LP bought a new position in Oshkosh during the fourth quarter valued at approximately $41,000. 92.36% of the stock is owned by institutional investors.
Oshkosh Stock Performance
OSK stock traded up $1.26 during midday trading on Wednesday, reaching $95.19. 109,853 shares of the company's stock traded hands, compared to its average volume of 737,489. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14. Oshkosh Co. has a 52-week low of $89.08 and a 52-week high of $127.98. The stock has a market cap of $6.14 billion, a P/E ratio of 9.20, a PEG ratio of 1.45 and a beta of 1.21. The stock's 50-day moving average is $101.72 and its 200 day moving average is $102.23.
Oshkosh (NYSE:OSK - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The company reported $2.58 EPS for the quarter, topping the consensus estimate of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. As a group, analysts anticipate that Oshkosh Co. will post 10.96 EPS for the current year.
Oshkosh Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 2.14%. This is a positive change from Oshkosh's previous quarterly dividend of $0.46. The ex-dividend date of this dividend was Friday, February 14th. Oshkosh's dividend payout ratio is currently 19.71%.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on OSK shares. The Goldman Sachs Group lowered their price objective on shares of Oshkosh from $135.00 to $116.00 and set a "neutral" rating for the company in a report on Wednesday, March 19th. Raymond James upped their price target on shares of Oshkosh from $125.00 to $130.00 and gave the company an "outperform" rating in a research report on Friday, January 31st. KeyCorp raised their price objective on Oshkosh from $113.00 to $132.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Bank of America boosted their target price on Oshkosh from $95.00 to $110.00 and gave the company an "underperform" rating in a research note on Monday, February 10th. Finally, JPMorgan Chase & Co. reduced their price target on Oshkosh from $127.00 to $117.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Oshkosh presently has a consensus rating of "Hold" and a consensus price target of $124.38.
Read Our Latest Research Report on Oshkosh
Oshkosh Profile
(
Free Report)
Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.
Recommended Stories
Before you consider Oshkosh, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oshkosh wasn't on the list.
While Oshkosh currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
