LSV Asset Management Trims Holdings in Oshkosh Co. (NYSE:OSK)

LSV Asset Management reduced its position in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 11.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,615,544 shares of the company's stock after selling 211,500 shares during the quarter. LSV Asset Management owned 2.48% of Oshkosh worth $153,590,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. increased its holdings in Oshkosh by 108.7% during the fourth quarter. Blue Trust Inc. now owns 265 shares of the company's stock valued at $27,000 after buying an additional 138 shares during the last quarter. Hager Investment Management Services LLC bought a new stake in shares of Oshkosh during the 4th quarter valued at $32,000. Proficio Capital Partners LLC bought a new stake in shares of Oshkosh during the 4th quarter valued at $34,000. V Square Quantitative Management LLC increased its stake in shares of Oshkosh by 64.1% in the 4th quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock worth $38,000 after purchasing an additional 157 shares in the last quarter. Finally, Twin Tree Management LP bought a new position in Oshkosh in the 4th quarter worth $41,000. Hedge funds and other institutional investors own 92.36% of the company's stock.

Oshkosh Price Performance

OSK stock traded down $1.31 during mid-day trading on Tuesday, hitting $84.90. The company had a trading volume of 153,606 shares, compared to its average volume of 588,744. The company has a market capitalization of $5.49 billion, a price-to-earnings ratio of 8.20, a P/E/G ratio of 1.45 and a beta of 1.26. The company has a 50-day moving average price of $97.66 and a 200 day moving average price of $100.98. The company has a quick ratio of 0.76, a current ratio of 1.51 and a debt-to-equity ratio of 0.14. Oshkosh Co. has a 12-month low of $76.82 and a 12-month high of $125.00.

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Oshkosh (NYSE:OSK - Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported $2.58 EPS for the quarter, topping 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 year.

Oshkosh Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were paid a dividend of $0.51 per share. This is an increase 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 yield of 2.40%. Oshkosh's dividend payout ratio is presently 19.71%.

Wall Street Analysts Forecast Growth

OSK has been the subject of several recent research reports. Morgan Stanley boosted their price target on Oshkosh from $98.00 to $110.00 and gave the company an "equal weight" rating in a report on Monday, February 3rd. UBS Group cut their price objective on Oshkosh from $137.00 to $97.00 and set a "buy" rating for the company in a research note on Monday, April 7th. Truist Financial decreased their target price on shares of Oshkosh from $118.00 to $94.00 and set a "hold" rating on the stock in a research note on Tuesday, April 8th. Raymond James upped their price target on shares of Oshkosh from $125.00 to $130.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Finally, The Goldman Sachs Group decreased their price objective on shares of Oshkosh from $135.00 to $116.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 19th. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $116.08.

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.