4,971 Shares in Oshkosh Co. (NYSE:OSK) Bought by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC purchased a new position in shares of Oshkosh Co. (NYSE:OSK - Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 4,971 shares of the company's stock, valued at approximately $498,000.

Several other institutional investors and hedge funds also recently made changes to their positions in OSK. V Square Quantitative Management LLC purchased a new stake in Oshkosh during the third quarter valued at about $25,000. Brooklyn Investment Group purchased a new stake in shares of Oshkosh during the 3rd quarter valued at approximately $34,000. Eagle Bay Advisors LLC boosted its holdings in Oshkosh by 547.6% in the 2nd quarter. Eagle Bay Advisors LLC now owns 667 shares of the company's stock worth $72,000 after buying an additional 564 shares during the period. International Assets Investment Management LLC boosted its holdings in Oshkosh by 9,922.2% in the 3rd quarter. International Assets Investment Management LLC now owns 902 shares of the company's stock worth $90,000 after buying an additional 893 shares during the period. Finally, Venturi Wealth Management LLC grew its stake in Oshkosh by 35.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,001 shares of the company's stock valued at $100,000 after buying an additional 262 shares in the last quarter. Institutional investors own 92.36% of the company's stock.

Oshkosh Price Performance

OSK stock traded up $1.36 during midday trading on Wednesday, reaching $102.85. The company had a trading volume of 637,870 shares, compared to its average volume of 513,006. The firm has a 50-day moving average price of $107.33 and a 200-day moving average price of $106.09. The company has a market capitalization of $6.69 billion, a P/E ratio of 9.99, a P/E/G ratio of 1.05 and a beta of 1.19. Oshkosh Co. has a 1 year low of $93.34 and a 1 year high of $127.98. 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 (NYSE:OSK - Get Free Report) last announced its earnings results on Wednesday, October 30th. The company reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $0.06. Oshkosh had a net margin of 6.41% and a return on equity of 19.87%. The company had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.63 billion. On average, research analysts anticipate that Oshkosh Co. will post 11.35 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were issued a dividend of $0.46 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.79%. Oshkosh's dividend payout ratio is 17.86%.

Analysts Set New Price Targets

Several research firms have issued reports 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 research report on Thursday, October 31st. Evercore ISI dropped their price objective on Oshkosh from $137.00 to $119.00 and set an "outperform" rating on the stock in a report on Monday, August 19th. JPMorgan Chase & Co. lifted their target price on Oshkosh from $120.00 to $125.00 and gave the company a "neutral" rating in a report on Monday, October 14th. Finally, Truist Financial decreased their price target on Oshkosh from $126.00 to $114.00 and set a "hold" rating on the stock in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently 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.