Oshkosh Co. (NYSE:OSK) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. raised its holdings in Oshkosh Co. (NYSE:OSK - Free Report) by 2.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 299,034 shares of the company's stock after purchasing an additional 5,974 shares during the quarter. Victory Capital Management Inc. owned 0.46% of Oshkosh worth $28,429,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Greenhaven Associates Inc. grew its stake in shares of Oshkosh by 0.6% during the 4th quarter. Greenhaven Associates Inc. now owns 2,552,106 shares of the company's stock worth $242,629,000 after purchasing an additional 15,622 shares during the period. FMR LLC boosted its holdings in Oshkosh by 3.3% during the third quarter. FMR LLC now owns 1,223,891 shares of the company's stock worth $122,646,000 after buying an additional 39,235 shares in the last quarter. Geode Capital Management LLC grew its position in Oshkosh by 1.0% during the third quarter. Geode Capital Management LLC now owns 1,089,930 shares of the company's stock worth $109,250,000 after buying an additional 10,357 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Oshkosh by 0.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 684,171 shares of the company's stock valued at $68,561,000 after buying an additional 4,974 shares in the last quarter. Finally, Equity Investment Corp increased its holdings in Oshkosh by 1.7% in the fourth quarter. Equity Investment Corp now owns 598,972 shares of the company's stock valued at $56,944,000 after buying an additional 10,088 shares in the last quarter. Institutional investors and hedge funds own 92.36% of the company's stock.

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Oshkosh Trading Down 0.6 %

NYSE OSK traded down $0.55 during mid-day trading on Thursday, reaching $95.03. 719,691 shares of the stock were exchanged, compared to its average volume of 732,479. The stock has a market capitalization of $6.13 billion, a PE ratio of 9.18, a PEG ratio of 1.45 and a beta of 1.21. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 1.51. Oshkosh Co. has a 1-year low of $89.08 and a 1-year high of $127.98. The business's fifty day simple moving average is $100.91 and its 200 day simple moving average is $102.81.

Oshkosh (NYSE:OSK - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $2.58 EPS for the quarter, beating analysts' consensus estimates of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. On average, research analysts anticipate that Oshkosh Co. will post 10.96 earnings per share for the current fiscal year.

Oshkosh Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were given a $0.51 dividend. The ex-dividend date was Friday, February 14th. This is a boost from Oshkosh's previous quarterly dividend of $0.46. This represents a $2.04 annualized dividend and a dividend yield of 2.15%. Oshkosh's dividend payout ratio (DPR) is currently 19.71%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on OSK shares. Citigroup lowered their price target on Oshkosh from $125.00 to $110.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. KeyCorp boosted their target price on Oshkosh from $113.00 to $132.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Evercore ISI raised their price target on Oshkosh from $122.00 to $137.00 and gave the company an "outperform" rating in a research report on Wednesday, February 19th. UBS Group lifted their price target on Oshkosh from $125.00 to $137.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. Finally, Bank of America increased their price objective on shares of Oshkosh from $95.00 to $110.00 and gave the company an "underperform" rating in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Oshkosh currently has a consensus rating of "Hold" and an average target price of $125.92.

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.