Cerity Partners LLC Sells 5,097 Shares of Oshkosh Co. (NYSE:OSK)

Cerity Partners LLC lowered its position in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 10.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 41,782 shares of the company's stock after selling 5,097 shares during the period. Cerity Partners LLC owned 0.06% of Oshkosh worth $4,179,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Wellington Management Group LLP grew its position in Oshkosh by 10.5% in the 3rd quarter. Wellington Management Group LLP now owns 17,477 shares of the company's stock worth $1,751,000 after purchasing an additional 1,665 shares during the last quarter. Barclays PLC grew its holdings in Oshkosh by 40.9% in the 3rd quarter. Barclays PLC now owns 111,710 shares of the company's stock worth $11,192,000 after buying an additional 32,435 shares in the last quarter. Geode Capital Management LLC increased its position in Oshkosh by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,089,930 shares of the company's stock valued at $109,250,000 after acquiring an additional 10,357 shares during the period. Virtu Financial LLC acquired a new position in shares of Oshkosh during the third quarter valued at $504,000. Finally, Sanctuary Advisors LLC raised its stake in shares of Oshkosh by 18.9% during the third quarter. Sanctuary Advisors LLC now owns 14,704 shares of the company's stock valued at $1,473,000 after purchasing an additional 2,340 shares in the last quarter. Institutional investors own 92.36% of the company's stock.

Oshkosh Stock Performance

NYSE:OSK traded down $0.06 during midday trading on Friday, reaching $84.42. The stock had a trading volume of 420,699 shares, compared to its average volume of 593,050. The stock has a market capitalization of $5.46 billion, a P/E ratio of 8.16, a PEG ratio of 1.45 and a beta of 1.26. Oshkosh Co. has a 1-year low of $76.82 and a 1-year high of $125.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76. The firm's fifty day simple moving average is $96.10 and its 200-day simple moving average is $100.65.

Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, beating 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%. On average, equities research analysts forecast that Oshkosh Co. will post 10.96 EPS for the current fiscal year.

Oshkosh Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were issued a $0.51 dividend. The ex-dividend date was Friday, February 14th. This is an increase from Oshkosh's previous quarterly dividend of $0.46. This represents a $2.04 dividend on an annualized basis and a yield of 2.42%. Oshkosh's dividend payout ratio is 19.71%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. KeyCorp decreased their price objective on shares of Oshkosh from $132.00 to $120.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. The Goldman Sachs Group reduced their price objective on Oshkosh from $135.00 to $116.00 and set a "neutral" rating for the company in a research note on Wednesday, March 19th. UBS Group cut their price objective on Oshkosh from $137.00 to $97.00 and set a "buy" rating on the stock in a report on Monday, April 7th. Morgan Stanley reduced their price target on shares of Oshkosh from $110.00 to $91.00 and set an "equal weight" rating for the company in a research report on Wednesday. Finally, Citigroup lowered their price target on Oshkosh from $130.00 to $95.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. 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 company. According to MarketBeat.com, Oshkosh currently has an average rating of "Hold" and a consensus target price of $114.62.

About Oshkosh

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.