15,520 Shares in Oshkosh Co. (NYSE:OSK) Purchased by Entropy Technologies LP

Entropy Technologies LP bought a new position in shares of Oshkosh Co. (NYSE:OSK - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,520 shares of the company's stock, valued at approximately $1,555,000.

A number of other hedge funds have also added to or reduced their stakes in OSK. Vanguard Group Inc. boosted its holdings in Oshkosh by 10.1% in the first quarter. Vanguard Group Inc. now owns 7,848,588 shares of the company's stock worth $978,797,000 after acquiring an additional 718,122 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Oshkosh by 19.6% during the second quarter. American Century Companies Inc. now owns 1,434,702 shares of the company's stock valued at $155,235,000 after buying an additional 235,496 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of Oshkosh by 3,329.3% during the third quarter. Assenagon Asset Management S.A. now owns 240,223 shares of the company's stock worth $24,073,000 after acquiring an additional 233,218 shares in the last quarter. M&G Plc acquired a new stake in shares of Oshkosh in the 1st quarter worth about $15,102,000. Finally, Renaissance Technologies LLC bought a new position in Oshkosh in the 2nd quarter valued at about $11,368,000. 92.36% of the stock is currently owned by institutional investors.

Oshkosh Trading Down 0.2 %

Shares of OSK traded down $0.26 during mid-day trading on Wednesday, reaching $110.96. The company's stock had a trading volume of 204,162 shares, compared to its average volume of 509,454. Oshkosh Co. has a 52 week low of $93.34 and a 52 week high of $127.98. The stock has a market cap of $7.22 billion, a PE ratio of 10.88, a P/E/G ratio of 1.09 and a beta of 1.18. The company's fifty day moving average price is $103.24 and its two-hundred day moving average price is $107.10. The company has a current ratio of 1.46, a quick ratio of 0.79 and a debt-to-equity ratio of 0.15.

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, 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 firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.63 billion. On average, analysts predict that Oshkosh Co. will post 11.35 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.66%. The ex-dividend date is Friday, November 15th. Oshkosh's dividend payout ratio (DPR) is currently 17.86%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on OSK. Robert W. Baird dropped their target price on Oshkosh from $171.00 to $160.00 and set an "outperform" rating on the stock in a report on Thursday, October 31st. JPMorgan Chase & Co. increased their target price on shares of Oshkosh from $120.00 to $125.00 and gave the company a "neutral" rating in a report on Monday, October 14th. Evercore ISI dropped their price target on shares of Oshkosh from $137.00 to $119.00 and set an "outperform" rating on the stock in a research report on Monday, August 19th. Truist Financial reduced their price objective on shares of Oshkosh from $126.00 to $114.00 and set a "hold" rating for the company in a research report on Wednesday, October 9th. Finally, Stifel Nicolaus cut their target price on Oshkosh from $140.00 to $135.00 and set a "buy" rating on the stock in a research note on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Oshkosh currently has a consensus rating of "Hold" and an average target price of $123.14.

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.