Semanteon Capital Management LP Buys New Shares in Oshkosh Co. (NYSE:OSK)

Semanteon Capital Management LP bought a new position in Oshkosh Co. (NYSE:OSK - Free Report) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 11,478 shares of the company's stock, valued at approximately $1,150,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new position in Oshkosh during the third quarter worth about $25,000. Headlands Technologies LLC bought a new stake in Oshkosh during the 1st quarter worth approximately $31,000. Bessemer Group Inc. raised its holdings in Oshkosh by 280.6% during the 1st quarter. Bessemer Group Inc. now owns 392 shares of the company's stock worth $49,000 after buying an additional 289 shares during the period. Versant Capital Management Inc lifted its stake in Oshkosh by 5,563.6% in the second quarter. Versant Capital Management Inc now owns 623 shares of the company's stock valued at $67,000 after buying an additional 612 shares in the last quarter. Finally, Eagle Bay Advisors LLC boosted its holdings in shares of Oshkosh by 547.6% in the second quarter. Eagle Bay Advisors LLC now owns 667 shares of the company's stock valued at $72,000 after buying an additional 564 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 analysts recently weighed in on the stock. Truist Financial reduced their target price on shares of Oshkosh from $126.00 to $114.00 and set a "hold" rating for the company in a research note on Wednesday, October 9th. JPMorgan Chase & Co. increased their price objective on Oshkosh from $120.00 to $125.00 and gave the stock a "neutral" rating in a report on Monday, October 14th. Jefferies Financial Group decreased their price target on shares of Oshkosh from $135.00 to $105.00 and set a "hold" rating for the company in a research note on Thursday, July 11th. Evercore ISI lowered their price objective on shares of Oshkosh from $137.00 to $119.00 and set an "outperform" rating on the stock in a report on Monday, August 19th. Finally, Stifel Nicolaus decreased their target price on shares of Oshkosh from $140.00 to $135.00 and set a "buy" rating for the company in a research report on Thursday, August 1st. One research 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's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $125.29.

Oshkosh Trading Up 3.7 %

Shares of NYSE:OSK traded up $3.91 during mid-day trading on Monday, reaching $110.01. 1,011,110 shares of the company's stock were exchanged, compared to its average volume of 502,121. The business's fifty day moving average price is $102.68 and its 200-day moving average price is $107.96. Oshkosh Co. has a twelve month low of $86.37 and a twelve month high of $127.98. The firm has a market capitalization of $7.19 billion, a price-to-earnings ratio of 10.53, a PEG ratio of 1.04 and a beta of 1.19. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.44.

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 analysts' consensus estimates of $3.00 by $0.34. The firm had revenue of $2.85 billion during the quarter, compared to analysts' expectations of $2.78 billion. Oshkosh had a net margin of 6.58% and a return on equity of 20.83%. The business's revenue was up 18.0% on a year-over-year basis. During the same period last year, the company earned $2.69 earnings per share. On average, research analysts predict that Oshkosh Co. will post 11.33 EPS for the current fiscal year.

Oshkosh Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 16th were paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.67%. The ex-dividend date was Friday, August 16th. Oshkosh's dividend payout ratio is presently 17.61%.

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.