Oshkosh Co. (NYSE:OSK) Shares Sold by Amalgamated Bank

Amalgamated Bank decreased its holdings in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 24.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,045 shares of the company's stock after selling 9,915 shares during the period. Amalgamated Bank's holdings in Oshkosh were worth $3,111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Oshkosh by 10.1% in the 1st quarter. Vanguard Group Inc. now owns 7,848,588 shares of the company's stock valued at $978,797,000 after purchasing an additional 718,122 shares during the last quarter. Greenhaven Associates Inc. raised its stake in Oshkosh by 0.8% in the 3rd quarter. Greenhaven Associates Inc. now owns 2,536,484 shares of the company's stock valued at $254,181,000 after purchasing an additional 19,442 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Oshkosh by 4.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,814,972 shares of the company's stock valued at $196,370,000 after purchasing an additional 78,235 shares during the last quarter. American Century Companies Inc. raised its stake in Oshkosh by 19.6% in the 2nd quarter. American Century Companies Inc. now owns 1,434,702 shares of the company's stock valued at $155,235,000 after purchasing an additional 235,496 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its stake in Oshkosh by 2.4% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 884,797 shares of the company's stock valued at $110,484,000 after purchasing an additional 21,063 shares during the last quarter. Hedge funds and other institutional investors own 92.36% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Robert W. Baird reduced their price objective on Oshkosh from $171.00 to $160.00 and set an "outperform" rating for the company in a research note on Thursday, October 31st. Stifel Nicolaus cut their target price on Oshkosh from $140.00 to $135.00 and set a "buy" rating for the company in a research note on Thursday, August 1st. Evercore ISI cut their target price on Oshkosh from $137.00 to $119.00 and set an "outperform" rating for the company in a research note on Monday, August 19th. JPMorgan Chase & Co. raised their target price on Oshkosh from $120.00 to $125.00 and gave the stock a "neutral" rating in a research note on Monday, October 14th. Finally, Truist Financial cut their target price on Oshkosh from $126.00 to $114.00 and set a "hold" rating for the company in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $123.14.

Oshkosh Trading Up 0.8 %

NYSE OSK traded up $0.89 during trading on Monday, hitting $112.52. The stock had a trading volume of 343,538 shares, compared to its average volume of 511,084. The company has a market capitalization of $7.32 billion, a PE ratio of 10.92, a PEG ratio of 1.09 and a beta of 1.18. The company has a quick ratio of 0.79, a current ratio of 1.46 and a debt-to-equity ratio of 0.15. The firm has a 50 day moving average price of $103.08 and a 200 day moving average price of $107.14. Oshkosh Co. has a twelve month low of $93.27 and a twelve month high of $127.98.

Oshkosh (NYSE:OSK - Get Free Report) last released its earnings results on Wednesday, October 30th. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.87 by $0.06. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.63 billion. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. As a group, equities research analysts forecast that Oshkosh Co. will post 11.35 earnings per share for the current year.

Oshkosh Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Friday, November 15th. Oshkosh's dividend payout ratio is currently 17.86%.

Oshkosh Company Profile

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.