Oshkosh Co. (NYSE:OSK) Stock Position Lifted by American Century Companies Inc.

American Century Companies Inc. boosted its position in Oshkosh Co. (NYSE:OSK - Free Report) by 23.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,030,410 shares of the company's stock after buying an additional 384,141 shares during the quarter. American Century Companies Inc. owned approximately 3.12% of Oshkosh worth $193,031,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Blue Trust Inc. lifted its position in Oshkosh by 108.7% in the 4th quarter. Blue Trust Inc. now owns 265 shares of the company's stock valued at $27,000 after purchasing an additional 138 shares during the last quarter. Hager Investment Management Services LLC acquired a new position in shares of Oshkosh during the fourth quarter worth approximately $32,000. Brooklyn Investment Group acquired a new position in shares of Oshkosh during the third quarter worth approximately $34,000. Proficio Capital Partners LLC bought a new position in Oshkosh in the 4th quarter worth approximately $34,000. Finally, V Square Quantitative Management LLC increased its position in Oshkosh by 64.1% in the 4th quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock valued at $38,000 after acquiring an additional 157 shares during the period. Institutional investors own 92.36% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on OSK. Bank of America boosted their price target on Oshkosh from $95.00 to $110.00 and gave the stock an "underperform" rating in a research report on Monday, February 10th. Morgan Stanley increased their target price on shares of Oshkosh from $98.00 to $110.00 and gave the company an "equal weight" rating in a research report on Monday, February 3rd. Citigroup dropped their price target on shares of Oshkosh from $125.00 to $110.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. JPMorgan Chase & Co. lowered their price objective on shares of Oshkosh from $127.00 to $117.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 18th. Finally, Evercore ISI boosted their target price on Oshkosh from $122.00 to $137.00 and gave the stock an "outperform" rating in a report on Wednesday, February 19th. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $124.38.

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Oshkosh Trading Down 1.0 %

Shares of NYSE:OSK traded down $0.94 during midday trading on Thursday, reaching $97.16. The company had a trading volume of 1,303,671 shares, compared to its average volume of 546,754. The company has a fifty day simple moving average of $101.78 and a two-hundred day simple moving average of $102.30. The firm has a market cap of $6.27 billion, a price-to-earnings ratio of 9.39, a price-to-earnings-growth ratio of 1.45 and a beta of 1.21. Oshkosh Co. has a 1-year low of $89.08 and a 1-year high of $127.98. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 1.51.

Oshkosh (NYSE:OSK - Get Free Report) last released its earnings results on Thursday, January 30th. The company reported $2.58 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.36. Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. Research analysts predict that Oshkosh Co. will post 10.96 earnings per share for the current year.

Oshkosh Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Oshkosh's previous quarterly dividend of $0.46. Oshkosh's dividend payout ratio (DPR) is 19.71%.

Oshkosh 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.