Y Intercept Hong Kong Ltd reduced its holdings in Oshkosh Co. (NYSE:OSK - Free Report) by 29.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,298 shares of the company's stock after selling 5,886 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in Oshkosh were worth $1,359,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently made changes to their positions in OSK. Greenhaven Associates Inc. grew its position in Oshkosh by 0.6% during the fourth quarter. Greenhaven Associates Inc. now owns 2,552,106 shares of the company's stock worth $242,629,000 after buying an additional 15,622 shares in the last quarter. FMR LLC grew its position 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 in the last quarter. Charles Schwab Investment Management Inc. grew its position in Oshkosh by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 684,171 shares of the company's stock worth $68,561,000 after buying an additional 4,974 shares in the last quarter. Finally, Equity Investment Corp grew its position in Oshkosh by 1.5% during the third quarter. Equity Investment Corp now owns 588,884 shares of the company's stock worth $59,012,000 after buying an additional 8,611 shares in the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.
Oshkosh Stock Up 0.9 %
NYSE OSK traded up $0.96 on Friday, reaching $102.30. The company had a trading volume of 483,642 shares, compared to its average volume of 720,237. The firm has a market capitalization of $6.60 billion, a price-to-earnings ratio of 9.88, a price-to-earnings-growth ratio of 1.45 and a beta of 1.23. 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 company's fifty day moving average is $100.60 and its 200-day moving average is $103.18.
Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The company reported $2.58 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%. On average, research analysts forecast that Oshkosh Co. will post 10.96 earnings per share for the current fiscal year.
Oshkosh Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 17th will be given a dividend of $0.51 per share. The ex-dividend date of this dividend is 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 yield of 1.99%. Oshkosh's payout ratio is 19.71%.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on OSK. Truist Financial lifted their target price on Oshkosh from $109.00 to $118.00 and gave the stock a "hold" rating in a research report on Friday, January 31st. Evercore ISI lifted their price objective on Oshkosh from $122.00 to $137.00 and gave the company an "outperform" rating in a report on Wednesday, February 19th. UBS Group lifted their price objective on Oshkosh from $125.00 to $137.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Bank of America lifted their price objective on Oshkosh from $95.00 to $110.00 and gave the company an "underperform" rating in a report on Monday, February 10th. Finally, Raymond James lifted their price objective on Oshkosh from $125.00 to $130.00 and gave the company an "outperform" 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 seven have given a buy rating to the stock. Based on data from MarketBeat.com, Oshkosh has a consensus rating of "Hold" and an average target price of $125.92.
Check Out Our Latest Report on Oshkosh
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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