Entropy Technologies LP Has $1.90 Million Holdings in Oshkosh Co. (NYSE:OSK)

Entropy Technologies LP increased its holdings in Oshkosh Co. (NYSE:OSK - Free Report) by 29.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 20,018 shares of the company's stock after buying an additional 4,498 shares during the period. Entropy Technologies LP's holdings in Oshkosh were worth $1,903,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Livforsakringsbolaget Skandia Omsesidigt raised its position in shares of Oshkosh by 24.1% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 14,400 shares of the company's stock worth $1,442,000 after buying an additional 2,800 shares in the last quarter. McGlone Suttner Wealth Management Inc. raised its position in shares of Oshkosh by 19.5% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 4,229 shares of the company's stock worth $424,000 after buying an additional 690 shares in the last quarter. Stablepoint Partners LLC raised its position in shares of Oshkosh by 3.9% during the 3rd quarter. Stablepoint Partners LLC now owns 20,441 shares of the company's stock worth $2,048,000 after buying an additional 772 shares in the last quarter. Wedge Capital Management L L P NC raised its position in shares of Oshkosh by 6.9% during the 3rd quarter. Wedge Capital Management L L P NC now owns 119,002 shares of the company's stock worth $11,925,000 after buying an additional 7,713 shares in the last quarter. Finally, nVerses Capital LLC raised its position in shares of Oshkosh by 138.1% during the 3rd quarter. nVerses Capital LLC now owns 5,000 shares of the company's stock worth $501,000 after buying an additional 2,900 shares in the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on OSK. Robert W. Baird dropped their price target on shares of Oshkosh from $171.00 to $160.00 and set an "outperform" rating on the stock in a research report on Thursday, October 31st. KeyCorp boosted their target price on shares of Oshkosh from $113.00 to $132.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Truist Financial boosted their target price on shares of Oshkosh from $109.00 to $118.00 and gave the stock a "hold" rating in a report on Friday, January 31st. Bank of America boosted their target price on shares of Oshkosh from $95.00 to $110.00 and gave the stock an "underperform" rating in a report on Monday. Finally, JPMorgan Chase & Co. boosted their target price on shares of Oshkosh from $115.00 to $127.00 and gave the stock a "neutral" rating in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $124.85.

Oshkosh Stock Up 0.6 %

Oshkosh stock traded up $0.66 during trading hours on Thursday, hitting $108.55. The company had a trading volume of 573,699 shares, compared to its average volume of 759,679. The firm has a market capitalization of $7.06 billion, a P/E ratio of 10.49, a price-to-earnings-growth ratio of 1.89 and a beta of 1.23. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76. The firm's fifty day moving average is $99.33 and its 200-day moving average is $103.04. Oshkosh Co. has a fifty-two week low of $89.08 and a fifty-two week high of $127.98.

Oshkosh (NYSE:OSK - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The company reported $2.58 earnings per share for the quarter, beating 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%. On average, research analysts forecast that Oshkosh Co. will post 10.95 earnings per share for the current year.

Oshkosh Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 17th will be paid a dividend of $0.51 per share. This is a positive change from Oshkosh's previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.04 annualized dividend and a dividend yield of 1.88%. Oshkosh's dividend payout ratio is 17.78%.

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.