Burney Co. Has $4.32 Million Position in Oshkosh Co. (NYSE:OSK)

Burney Co. lessened its position in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 18.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,418 shares of the company's stock after selling 10,038 shares during the quarter. Burney Co. owned approximately 0.07% of Oshkosh worth $4,318,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Choreo LLC acquired a new stake in shares of Oshkosh during the 2nd quarter valued at about $321,000. Envestnet Asset Management Inc. boosted its holdings in Oshkosh by 1.8% during the second quarter. Envestnet Asset Management Inc. now owns 165,648 shares of the company's stock valued at $17,923,000 after purchasing an additional 2,930 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Oshkosh by 4.5% during the second 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 in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Oshkosh in the 2nd quarter valued at approximately $11,368,000. Finally, Edgestream Partners L.P. acquired a new position in shares of Oshkosh in the 2nd quarter worth approximately $915,000. 92.36% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on OSK shares. Truist Financial dropped their price objective on Oshkosh from $116.00 to $109.00 and set a "hold" rating for the company in a research note on Thursday. Citigroup dropped their target price on shares of Oshkosh from $125.00 to $110.00 and set a "buy" rating for the company in a research report on Tuesday. Robert W. Baird reduced their price target on shares of Oshkosh from $171.00 to $160.00 and set an "outperform" rating on the stock in a research report on Thursday, October 31st. UBS Group dropped their price objective on shares of Oshkosh from $129.00 to $125.00 and set a "buy" rating for the company in a report on Thursday, December 12th. Finally, JPMorgan Chase & Co. reduced their target price on Oshkosh from $125.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, Oshkosh has a consensus rating of "Hold" and a consensus target price of $121.77.

Oshkosh Trading Up 0.6 %

Shares of OSK stock traded up $0.52 on Thursday, reaching $94.53. 334,405 shares of the stock were exchanged, compared to its average volume of 580,560. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.46 and a quick ratio of 0.79. Oshkosh Co. has a one year low of $89.08 and a one year high of $127.98. The stock has a market cap of $6.15 billion, a PE ratio of 9.18, a P/E/G ratio of 0.94 and a beta of 1.21. The stock has a 50 day moving average price of $102.45 and a 200 day moving average price of $103.59.

Oshkosh (NYSE:OSK - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.06. The firm had revenue of $2.74 billion during the quarter, compared to analysts' expectations of $2.63 billion. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. Equities research analysts forecast that Oshkosh Co. will post 11.35 EPS for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a $0.46 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.84 dividend on an annualized basis and a yield of 1.95%. Oshkosh's payout ratio is presently 17.86%.

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.