Oshkosh Co. (NYSE:OSK) Shares Sold by Dumont & Blake Investment Advisors LLC

Dumont & Blake Investment Advisors LLC decreased its position in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 50.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,421 shares of the company's stock after selling 10,429 shares during the quarter. Dumont & Blake Investment Advisors LLC's holdings in Oshkosh were worth $1,044,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Valley National Advisers Inc. grew its stake in shares of Oshkosh by 18.2% during the 1st quarter. Valley National Advisers Inc. now owns 623 shares of the company's stock worth $77,000 after purchasing an additional 96 shares during the period. AE Wealth Management LLC grew its stake in Oshkosh by 7.3% in the 2nd quarter. AE Wealth Management LLC now owns 1,863 shares of the company's stock valued at $202,000 after acquiring an additional 127 shares during the period. US Bancorp DE grew its stake in Oshkosh by 3.0% in the 1st quarter. US Bancorp DE now owns 4,522 shares of the company's stock valued at $564,000 after acquiring an additional 132 shares during the period. Atlas Capital Advisors LLC grew its stake in Oshkosh by 161.6% in the 1st quarter. Atlas Capital Advisors LLC now owns 225 shares of the company's stock valued at $28,000 after acquiring an additional 139 shares during the period. Finally, GAMMA Investing LLC grew its stake in Oshkosh by 26.2% in the 2nd quarter. GAMMA Investing LLC now owns 733 shares of the company's stock valued at $79,000 after acquiring an additional 152 shares during the period. Institutional investors and hedge funds own 92.36% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Jefferies Financial Group dropped their price target on shares of Oshkosh from $135.00 to $105.00 and set a "hold" rating on the stock in a research note on Thursday, July 11th. 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 note on Monday, August 19th. Stifel Nicolaus dropped their price target on shares of Oshkosh from $140.00 to $135.00 and set a "buy" rating on the stock in a research note on Thursday, August 1st. JPMorgan Chase & Co. raised their price objective on Oshkosh from $120.00 to $125.00 and gave the company a "neutral" rating in a report on Monday, October 14th. Finally, Raymond James assumed coverage on Oshkosh in a report on Friday, June 28th. They issued an "outperform" rating and a $125.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $125.29.

Oshkosh Trading Up 1.9 %

Shares of NYSE OSK traded up $2.03 during trading on Friday, hitting $106.19. 626,050 shares of the company were exchanged, compared to its average volume of 499,663. Oshkosh Co. has a 12-month low of $86.10 and a 12-month high of $127.98. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.44. The company has a fifty day moving average price of $102.48 and a 200-day moving average price of $108.43. The firm has a market capitalization of $6.91 billion, a PE ratio of 10.07, a P/E/G ratio of 1.03 and a beta of 1.19.

Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $3.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.00 by $0.34. The firm had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.78 billion. Oshkosh had a net margin of 6.58% and a return on equity of 20.83%. Oshkosh's revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the firm earned $2.69 EPS. As a group, equities research analysts expect that Oshkosh Co. will post 11.33 EPS for the current year.

Oshkosh Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were issued a $0.46 dividend. The ex-dividend date was Friday, August 16th. This represents a $1.84 annualized dividend and a yield of 1.73%. Oshkosh's dividend payout ratio (DPR) is currently 17.79%.

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.