Quadrature Capital Ltd lifted its position in Oshkosh Co. (NYSE:OSK - Free Report) by 74.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,155 shares of the company's stock after acquiring an additional 6,055 shares during the period. Quadrature Capital Ltd's holdings in Oshkosh were worth $1,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently made changes to their positions in the company. V Square Quantitative Management LLC acquired a new stake in Oshkosh during the 3rd quarter worth $25,000. Brooklyn Investment Group purchased a new stake in Oshkosh in the 3rd quarter valued at $34,000. Eagle Bay Advisors LLC grew 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 purchasing an additional 564 shares during the period. GAMMA Investing LLC grew its stake in shares of 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 buying an additional 152 shares during the period. Finally, International Assets Investment Management LLC grew its position in Oshkosh by 9,922.2% in the third quarter. International Assets Investment Management LLC now owns 902 shares of the company's stock worth $90,000 after acquiring an additional 893 shares during the period. 92.36% of the stock is currently owned by hedge funds and other institutional investors.
Oshkosh Stock Down 4.7 %
NYSE:OSK traded down $5.25 during trading hours on Friday, hitting $106.63. The company's stock had a trading volume of 1,756,418 shares, compared to its average volume of 403,181. Oshkosh Co. has a 52-week low of $93.34 and a 52-week high of $127.98. The company has a current ratio of 1.46, a quick ratio of 0.79 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $6.94 billion, a P/E ratio of 10.35, a price-to-earnings-growth ratio of 1.11 and a beta of 1.19. The stock has a fifty day moving average of $107.14 and a 200-day moving average of $106.45.
Oshkosh (NYSE:OSK - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The company reported $2.93 EPS for the quarter, beating analysts' consensus estimates of $2.87 by $0.06. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.63 billion. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. On average, equities analysts forecast that Oshkosh Co. will post 11.35 earnings per share for the current year.
Oshkosh Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend was Friday, November 15th. Oshkosh's payout ratio is 17.86%.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on OSK shares. Robert W. Baird reduced their price target on shares of Oshkosh from $171.00 to $160.00 and set an "outperform" rating on the stock in a research note on Thursday, October 31st. Evercore ISI decreased their target price on Oshkosh from $137.00 to $119.00 and set an "outperform" rating on the stock in a research note on Monday, August 19th. Truist Financial dropped their target price on Oshkosh from $126.00 to $114.00 and set a "hold" rating for the company in a research report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. increased their price target on shares of Oshkosh from $120.00 to $125.00 and gave the stock a "neutral" rating in a research report on Monday, October 14th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $123.14.
Check Out Our Latest Analysis on Oshkosh
About Oshkosh
(
Free Report)
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.
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