Landscape Capital Management L.L.C. Buys New Holdings in Oshkosh Co. (NYSE:OSK)

Landscape Capital Management L.L.C. purchased a new stake in 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 6,789 shares of the company's stock, valued at approximately $680,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. American Century Companies Inc. increased its stake 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 worth $155,235,000 after acquiring an additional 235,496 shares during the period. Assenagon Asset Management S.A. boosted its holdings in Oshkosh by 3,329.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 240,223 shares of the company's stock valued at $24,073,000 after purchasing an additional 233,218 shares in the last quarter. Renaissance Technologies LLC acquired a new position in Oshkosh during the 2nd quarter worth approximately $11,368,000. AQR Capital Management LLC raised its stake in shares of Oshkosh by 15.9% during the 2nd quarter. AQR Capital Management LLC now owns 623,463 shares of the company's stock worth $66,405,000 after buying an additional 85,698 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Oshkosh by 4.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,814,972 shares of the company's stock valued at $196,370,000 after buying an additional 78,235 shares during the period. Hedge funds and other institutional investors own 92.36% of the company's stock.

Oshkosh Trading Up 2.3 %

NYSE:OSK traded up $2.48 on Friday, reaching $111.81. The stock had a trading volume of 263,962 shares, compared to its average volume of 623,197. Oshkosh Co. has a 12-month low of $93.34 and a 12-month high of $127.98. The company has a market cap of $7.28 billion, a price-to-earnings ratio of 10.86, a P/E/G ratio of 1.07 and a beta of 1.18. The firm's fifty day moving average is $105.02 and its two-hundred day moving average is $106.79. 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 analysts' consensus estimates of $2.87 by $0.06. The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.63 billion. Oshkosh had a net margin of 6.41% and a return on equity of 19.87%. Equities analysts expect that Oshkosh Co. will post 11.35 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend is Friday, November 15th. Oshkosh's dividend payout ratio is currently 17.86%.

Analysts Set New Price Targets

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