35,600 Shares in Oshkosh Co. (NYSE:OSK) Purchased by ING Groep NV

ING Groep NV purchased a new position in Oshkosh Co. (NYSE:OSK - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 35,600 shares of the company's stock, valued at approximately $3,567,000. ING Groep NV owned about 0.05% of Oshkosh at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. SG Americas Securities LLC purchased a new stake in Oshkosh during the 2nd quarter worth approximately $1,500,000. Cetera Investment Advisers grew its holdings in shares of Oshkosh by 772.9% during the first quarter. Cetera Investment Advisers now owns 27,409 shares of the company's stock valued at $3,418,000 after buying an additional 24,269 shares during the last quarter. OFI Invest Asset Management acquired a new position in shares of Oshkosh in the 2nd quarter valued at $1,545,000. Blair William & Co. IL raised its stake in Oshkosh by 67.2% in the 1st quarter. Blair William & Co. IL now owns 16,963 shares of the company's stock worth $2,115,000 after acquiring an additional 6,815 shares during the last quarter. Finally, M&G Plc grew its stake in Oshkosh by 6.5% during the 2nd quarter. M&G Plc now owns 128,646 shares of the company's stock valued at $13,894,000 after purchasing an additional 7,832 shares during the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

Oshkosh Price Performance

Shares of OSK stock traded down $2.59 on Friday, reaching $108.60. 469,427 shares of the company were exchanged, compared to its average volume of 647,077. The company has a market cap of $7.07 billion, a price-to-earnings ratio of 10.54, a P/E/G ratio of 1.06 and a beta of 1.18. Oshkosh Co. has a 1 year low of $93.34 and a 1 year high of $127.98. The business has a 50-day moving average price of $103.91 and a 200 day moving average price of $107.01. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.79 and a current ratio of 1.46.

Oshkosh (NYSE:OSK - Get Free Report) last announced its earnings results on Wednesday, October 30th. The company reported $2.93 EPS for the quarter, beating analysts' consensus estimates of $2.87 by $0.06. The business 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 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.46 per share. The ex-dividend date is Friday, November 15th. This represents a $1.84 annualized dividend and a yield of 1.69%. Oshkosh's dividend payout ratio (DPR) is presently 17.86%.

Analyst Ratings Changes

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

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.