Dumont & Blake Investment Advisors LLC Has $771,000 Position in Oshkosh Co. (NYSE:OSK)

Dumont & Blake Investment Advisors LLC decreased its holdings in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 22.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,109 shares of the company's stock after selling 2,312 shares during the quarter. Dumont & Blake Investment Advisors LLC's holdings in Oshkosh were worth $771,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in Oshkosh by 17.0% during the third quarter. JPMorgan Chase & Co. now owns 195,906 shares of the company's stock worth $19,632,000 after acquiring an additional 28,478 shares during the period. Virtu Financial LLC acquired a new stake in Oshkosh during the third quarter worth about $504,000. Barclays PLC raised its stake in Oshkosh by 40.9% during the third quarter. Barclays PLC now owns 111,710 shares of the company's stock worth $11,192,000 after acquiring an additional 32,435 shares during the period. Y Intercept Hong Kong Ltd raised its stake 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 acquiring an additional 7,334 shares during the period. Finally, Horizon Kinetics Asset Management LLC raised its stake in Oshkosh by 3.4% during the third quarter. Horizon Kinetics Asset Management LLC now owns 141,140 shares of the company's stock worth $14,144,000 after acquiring an additional 4,680 shares during the period. Institutional investors and hedge funds own 92.36% of the company's stock.

Oshkosh Price Performance

NYSE:OSK traded down $1.60 during trading hours on Tuesday, reaching $111.25. 512,715 shares of the company's stock were exchanged, compared to its average volume of 734,929. The company has a market capitalization of $7.24 billion, a P/E ratio of 10.76, a price-to-earnings-growth ratio of 1.97 and a beta of 1.22. Oshkosh Co. has a 12 month low of $89.08 and a 12 month high of $127.98. The company has a quick ratio of 0.76, a current ratio of 1.51 and a debt-to-equity ratio of 0.14. The business's 50-day simple moving average is $99.75 and its two-hundred day simple moving average is $102.98.

Oshkosh (NYSE:OSK - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $2.58 earnings per share for the quarter, topping analysts' consensus estimates of $2.22 by $0.36. Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. Sell-side analysts expect that Oshkosh Co. will post 11 EPS for the current fiscal year.

Oshkosh Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be paid a $0.51 dividend. This is a positive change from Oshkosh's previous quarterly dividend of $0.46. The ex-dividend date is Friday, February 14th. This represents a $2.04 dividend on an annualized basis and a yield of 1.83%. Oshkosh's dividend payout ratio (DPR) is currently 17.78%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on OSK shares. Raymond James increased their price objective on shares of Oshkosh from $125.00 to $130.00 and gave the stock an "outperform" rating in a research note on Friday. UBS Group raised their price target on shares of Oshkosh from $125.00 to $137.00 and gave the company a "buy" rating in a research note on Monday. KeyCorp raised their price target on shares of Oshkosh from $113.00 to $132.00 and gave the company an "overweight" rating in a research note on Friday. Truist Financial raised their price target on shares of Oshkosh from $109.00 to $118.00 and gave the company a "hold" rating in a research note on Friday. Finally, 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 note on Tuesday, January 14th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $125.00.

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.