Semanteon Capital Management LP Acquires 3,342 Shares of Oshkosh Co. (NYSE:OSK)

Semanteon Capital Management LP increased its position in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 29.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,820 shares of the company's stock after acquiring an additional 3,342 shares during the period. Semanteon Capital Management LP's holdings in Oshkosh were worth $1,409,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. GSA Capital Partners LLP bought a new position in shares of Oshkosh in the third quarter worth $233,000. KBC Group NV increased its stake in Oshkosh by 15.2% in the 3rd quarter. KBC Group NV now owns 1,666 shares of the company's stock worth $167,000 after acquiring an additional 220 shares during the last quarter. Quest Partners LLC increased its stake in Oshkosh by 1,211.0% in the 3rd quarter. Quest Partners LLC now owns 3,933 shares of the company's stock worth $394,000 after acquiring an additional 3,633 shares during the last quarter. Pathstone Holdings LLC raised its holdings in shares of Oshkosh by 2.6% in the 3rd quarter. Pathstone Holdings LLC now owns 31,895 shares of the company's stock valued at $3,196,000 after acquiring an additional 819 shares in the last quarter. Finally, Commerce Bank boosted its position in shares of Oshkosh by 6.8% during the 3rd quarter. Commerce Bank now owns 5,757 shares of the company's stock valued at $577,000 after acquiring an additional 369 shares during the last quarter. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Oshkosh Trading Up 0.3 %

OSK traded up $0.30 on Tuesday, hitting $99.00. 603,342 shares of the company were exchanged, compared to its average volume of 541,636. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 1.51. The firm has a fifty day simple moving average of $101.58 and a two-hundred day simple moving average of $102.31. The stock has a market capitalization of $6.39 billion, a PE ratio of 9.57, a price-to-earnings-growth ratio of 1.45 and a beta of 1.21. Oshkosh Co. has a 12 month low of $89.08 and a 12 month high of $127.98.

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Oshkosh (NYSE:OSK - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.36. Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. Sell-side analysts expect that Oshkosh Co. will post 10.96 earnings per share for the current year.

Oshkosh Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were given a $0.51 dividend. This is a boost from Oshkosh's previous quarterly dividend of $0.46. The ex-dividend date was Friday, February 14th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.06%. Oshkosh's payout ratio is presently 19.71%.

Analyst Ratings Changes

OSK has been the topic of a number of recent analyst reports. UBS Group raised their target price on shares of Oshkosh from $125.00 to $137.00 and gave the company a "buy" rating in a research note on Monday, February 3rd. Truist Financial raised their price objective on shares of Oshkosh from $109.00 to $118.00 and gave the company a "hold" rating in a research report on Friday, January 31st. JPMorgan Chase & Co. cut their target price on shares of Oshkosh from $127.00 to $117.00 and set a "neutral" rating for the company in a research report on Tuesday, March 18th. Bank of America increased their target price on Oshkosh from $95.00 to $110.00 and gave the company an "underperform" rating in a research note on Monday, February 10th. Finally, Morgan Stanley lifted their price target on Oshkosh from $98.00 to $110.00 and gave the stock an "equal weight" rating in a research note on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $124.38.

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.