Oshkosh Co. (NYSE:OSK) Shares Purchased by Barclays PLC

Barclays PLC raised its stake in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 40.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 111,710 shares of the company's stock after acquiring an additional 32,435 shares during the period. Barclays PLC owned approximately 0.17% of Oshkosh worth $11,192,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in OSK. Groupama Asset Managment acquired a new stake in shares of Oshkosh in the 3rd quarter worth $391,000. Y Intercept Hong Kong Ltd raised its holdings in Oshkosh by 57.1% during the third quarter. Y Intercept Hong Kong Ltd now owns 20,184 shares of the company's stock worth $2,023,000 after purchasing an additional 7,334 shares in the last quarter. iSAM Funds UK Ltd lifted its position in Oshkosh by 324.0% in the third quarter. iSAM Funds UK Ltd now owns 11,685 shares of the company's stock valued at $1,171,000 after purchasing an additional 8,929 shares during the period. Wellington Management Group LLP boosted its holdings in Oshkosh by 10.5% in the 3rd quarter. Wellington Management Group LLP now owns 17,477 shares of the company's stock valued at $1,751,000 after purchasing an additional 1,665 shares in the last quarter. Finally, Systematic Financial Management LP grew its holdings in Oshkosh by 1.7% during the third quarter. Systematic Financial Management LP now owns 92,726 shares of the company's stock worth $9,292,000 after acquiring an additional 1,541 shares during the period. 92.36% of the stock is owned by institutional investors and hedge funds.

Oshkosh Trading Down 1.4 %

Shares of NYSE OSK traded down $1.39 during midday trading on Tuesday, reaching $97.71. 599,893 shares of the stock were exchanged, compared to its average volume of 514,847. The company has a current ratio of 1.46, a quick ratio of 0.79 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $6.36 billion, a P/E ratio of 9.49, a P/E/G ratio of 0.98 and a beta of 1.19. The stock has a 50 day moving average price of $107.27 and a 200-day moving average price of $105.66. Oshkosh Co. has a 52-week low of $93.34 and a 52-week high of $127.98.

Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly 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. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.63 billion. Equities research analysts expect that Oshkosh Co. will post 11.35 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.88%. The ex-dividend date was Friday, November 15th. Oshkosh's dividend payout ratio (DPR) is 17.86%.

Analyst Upgrades and Downgrades

OSK has been the subject of a number of research analyst reports. Evercore ISI reduced their price objective on shares of Oshkosh from $137.00 to $119.00 and set an "outperform" rating for the company in a research note on Monday, August 19th. Robert W. Baird dropped their target price on shares of Oshkosh from $171.00 to $160.00 and set an "outperform" rating for the company in a report on Thursday, October 31st. Truist Financial decreased their price target on Oshkosh from $126.00 to $114.00 and set a "hold" rating on the stock in a research note on Wednesday, October 9th. JPMorgan Chase & Co. upped their price target on Oshkosh from $120.00 to $125.00 and gave the stock a "neutral" rating in a report on Monday, October 14th. Finally, UBS Group reduced their price objective on Oshkosh from $129.00 to $125.00 and set a "buy" rating for the company in a report on Thursday, December 12th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, Oshkosh has an average rating of "Hold" and an average price target of $122.86.

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.