Oshkosh Co. (NYSE:OSK) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP decreased its position in Oshkosh Co. (NYSE:OSK - Free Report) by 31.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 32,836 shares of the company's stock after selling 14,840 shares during the quarter. Quantbot Technologies LP owned about 0.05% of Oshkosh worth $3,122,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in OSK. Blue Trust Inc. raised its position in shares of Oshkosh by 108.7% in 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 purchased a new stake in Oshkosh in the 4th quarter worth approximately $32,000. Brooklyn Investment Group acquired a new position in Oshkosh in the 3rd quarter valued at $34,000. Proficio Capital Partners LLC purchased a new position in shares of Oshkosh during the 4th quarter worth $34,000. Finally, V Square Quantitative Management LLC boosted its holdings in shares of Oshkosh by 64.1% during the fourth quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock worth $38,000 after purchasing an additional 157 shares during the last quarter. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

OSK has been the subject of several analyst reports. Citigroup dropped their target price on Oshkosh from $125.00 to $110.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Evercore ISI increased their price objective on shares of Oshkosh from $122.00 to $137.00 and gave the stock an "outperform" rating in a report on Wednesday, February 19th. UBS Group boosted their target price on shares of Oshkosh from $125.00 to $137.00 and gave the company a "buy" rating in a report on Monday, February 3rd. JPMorgan Chase & Co. cut their price target on shares of Oshkosh from $127.00 to $117.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 18th. Finally, Truist Financial boosted their price objective on shares of Oshkosh from $109.00 to $118.00 and gave the company a "hold" rating in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $124.38.

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Oshkosh Stock Down 1.0 %

NYSE:OSK traded down $0.94 during mid-day trading on Thursday, hitting $97.16. The company had a trading volume of 1,303,671 shares, compared to its average volume of 546,754. Oshkosh Co. has a 1 year low of $89.08 and a 1 year high of $127.98. The business has a fifty day simple moving average of $101.78 and a 200-day simple moving average of $102.30. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $6.27 billion, a price-to-earnings ratio of 9.39, a PEG ratio of 1.45 and a beta of 1.21.

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

Oshkosh Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were paid a $0.51 dividend. The ex-dividend date was Friday, February 14th. This is an increase from Oshkosh's previous quarterly dividend of $0.46. This represents a $2.04 annualized dividend and a dividend yield of 2.10%. Oshkosh's dividend payout ratio is 19.71%.

Oshkosh 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.