Victory Capital Management Inc. boosted its holdings in Oshkosh Co. (NYSE:OSK - Free Report) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 293,060 shares of the company's stock after acquiring an additional 10,328 shares during the quarter. Victory Capital Management Inc. owned 0.45% of Oshkosh worth $29,368,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of OSK. US Bancorp DE grew its position in Oshkosh by 3.0% in the first quarter. US Bancorp DE now owns 4,522 shares of the company's stock worth $564,000 after buying an additional 132 shares during the last quarter. Blair William & Co. IL raised its position in shares of Oshkosh by 67.2% during the first quarter. Blair William & Co. IL now owns 16,963 shares of the company's stock worth $2,115,000 after purchasing an additional 6,815 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Oshkosh by 10.1% during the first quarter. Vanguard Group Inc. now owns 7,848,588 shares of the company's stock valued at $978,797,000 after purchasing an additional 718,122 shares during the last quarter. O Shaughnessy Asset Management LLC acquired a new position in shares of Oshkosh in the 1st quarter valued at $247,000. Finally, Bessemer Group Inc. increased its stake in Oshkosh by 280.6% in the 1st quarter. Bessemer Group Inc. now owns 392 shares of the company's stock worth $49,000 after purchasing an additional 289 shares in the last quarter. Institutional investors own 92.36% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. Stifel Nicolaus reduced their price objective on shares of Oshkosh from $140.00 to $135.00 and set a "buy" rating for the company in a research note on Thursday, August 1st. Robert W. Baird reduced their price target on shares of Oshkosh from $171.00 to $160.00 and set an "outperform" rating for the company in a research report on Thursday, October 31st. JPMorgan Chase & Co. lifted their price objective 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. Truist Financial reduced their target price on Oshkosh from $126.00 to $114.00 and set a "hold" rating for the company in a report on Wednesday, October 9th. Finally, Evercore ISI decreased their price objective on Oshkosh from $137.00 to $119.00 and set an "outperform" rating for the company in a research report on Monday, August 19th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, Oshkosh currently has a consensus rating of "Hold" and an average target price of $123.14.
Check Out Our Latest Stock Report on Oshkosh
Oshkosh Stock Up 0.6 %
NYSE OSK traded up $0.64 during trading on Monday, hitting $109.24. 578,269 shares of the company traded hands, compared to its average volume of 510,425. The company has a market capitalization of $7.11 billion, a P/E ratio of 10.61, a PEG ratio of 1.06 and a beta of 1.18. The business has a fifty day simple moving average of $104.14 and a 200 day simple moving average of $106.98. Oshkosh Co. has a 12 month low of $93.34 and a 12 month 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.
Oshkosh (NYSE:OSK - Get Free Report) last posted its earnings results on Wednesday, October 30th. The company reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.06. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. The firm had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.63 billion. As a group, sell-side analysts predict that Oshkosh Co. will post 11.35 EPS for the current year.
Oshkosh Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.84 annualized dividend and a yield of 1.68%. Oshkosh's dividend payout ratio (DPR) is presently 17.86%.
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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