Keeley Teton Advisors LLC Has $2.50 Million Stock Holdings in Oshkosh Co. (NYSE:OSK)

Keeley Teton Advisors LLC boosted its position in Oshkosh Co. (NYSE:OSK - Free Report) by 18.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,248 shares of the company's stock after purchasing an additional 4,173 shares during the quarter. Keeley Teton Advisors LLC's holdings in Oshkosh were worth $2,495,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of OSK. Norges Bank acquired a new position in shares of Oshkosh during the fourth quarter worth approximately $72,692,000. American Century Companies Inc. raised its stake in Oshkosh by 23.3% during the 4th quarter. American Century Companies Inc. now owns 2,030,410 shares of the company's stock valued at $193,031,000 after acquiring an additional 384,141 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in Oshkosh during the 4th quarter worth $23,285,000. Vanguard Group Inc. grew its stake in shares of Oshkosh by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 8,141,738 shares of the company's stock worth $774,035,000 after purchasing an additional 176,400 shares in the last quarter. Finally, FMR LLC increased its holdings in shares of Oshkosh by 13.0% during the fourth quarter. FMR LLC now owns 1,383,558 shares of the company's stock valued at $131,535,000 after purchasing an additional 159,667 shares during the period. 92.36% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

OSK has been the subject of several research analyst reports. Evercore ISI upped their price objective on shares of Oshkosh from $122.00 to $137.00 and gave the stock an "outperform" rating in a report on Wednesday, February 19th. JPMorgan Chase & Co. decreased their price objective on shares of Oshkosh from $117.00 to $100.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Morgan Stanley dropped their target price on Oshkosh from $110.00 to $91.00 and set an "equal weight" rating on the stock in a report on Wednesday. The Goldman Sachs Group decreased their price target on Oshkosh from $135.00 to $116.00 and set a "neutral" rating for the company in a research note on Wednesday, March 19th. Finally, Truist Financial dropped their price objective on Oshkosh from $118.00 to $94.00 and set a "hold" rating on the stock in a research note on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $114.62.

Oshkosh Trading Down 0.1 %

OSK stock traded down $0.06 during mid-day trading on Friday, reaching $84.42. 420,699 shares of the stock traded hands, compared to its average volume of 594,820. Oshkosh Co. has a 52-week low of $76.82 and a 52-week high of $125.00. The stock's fifty day moving average is $95.56 and its 200-day moving average is $100.56. The company has a market cap of $5.46 billion, a P/E ratio of 8.16, a P/E/G ratio of 1.45 and a beta of 1.26. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14.

Oshkosh (NYSE:OSK - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The company reported $2.58 EPS 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%. As a group, sell-side analysts expect that Oshkosh Co. will post 10.96 earnings per share for the current year.

Oshkosh Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 2.42%. This is a positive change from Oshkosh's previous quarterly dividend of $0.46. The ex-dividend date was Friday, February 14th. Oshkosh's payout ratio is presently 19.71%.

Oshkosh 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.