Oshkosh Co. (NYSE:OSK) Shares Sold by Rhumbline Advisers

Rhumbline Advisers reduced its position in Oshkosh Co. (NYSE:OSK - Free Report) by 1.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,947 shares of the company's stock after selling 2,694 shares during the period. Rhumbline Advisers owned about 0.29% of Oshkosh worth $17,773,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. grew 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 purchasing an additional 138 shares during the last quarter. Carolina Wealth Advisors LLC lifted its stake in Oshkosh by 2.5% in the 4th quarter. Carolina Wealth Advisors LLC now owns 6,062 shares of the company's stock valued at $576,000 after buying an additional 146 shares in the last quarter. V Square Quantitative Management LLC grew its holdings in Oshkosh by 64.1% during the 4th quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock valued at $38,000 after buying an additional 157 shares during the last quarter. KBC Group NV increased its position in Oshkosh by 15.2% during the third quarter. KBC Group NV now owns 1,666 shares of the company's stock worth $167,000 after buying an additional 220 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. raised its holdings in shares of Oshkosh by 5.4% in the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 4,457 shares of the company's stock worth $424,000 after acquiring an additional 228 shares during the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

Oshkosh Trading Down 0.0 %

Oshkosh stock traded down $0.03 during midday trading on Tuesday, reaching $102.92. The stock had a trading volume of 437,591 shares, compared to its average volume of 737,828. The stock's 50-day simple moving average is $100.13 and its 200 day simple moving average is $103.16. Oshkosh Co. has a twelve month low of $89.08 and a twelve month high of $127.98. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 1.51. The stock has a market capitalization of $6.64 billion, a PE ratio of 9.94, a price-to-earnings-growth ratio of 1.45 and a beta of 1.22.

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 return on equity of 19.31% and a net margin of 6.34%. Analysts expect that Oshkosh Co. will post 10.96 EPS for the current year.

Oshkosh Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 17th will be given a $0.51 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.04 annualized dividend and a dividend yield of 1.98%. This is a positive change from Oshkosh's previous quarterly dividend of $0.46. Oshkosh's dividend payout ratio is presently 19.71%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on OSK shares. KeyCorp increased their price objective on Oshkosh from $113.00 to $132.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Bank of America raised their price target on shares of Oshkosh from $95.00 to $110.00 and gave the stock an "underperform" rating in a research note on Monday, February 10th. Raymond James boosted their price objective on shares of Oshkosh from $125.00 to $130.00 and gave the company an "outperform" rating in a research report on Friday, January 31st. Evercore ISI upped their price objective on shares of Oshkosh from $122.00 to $137.00 and gave the company an "outperform" rating in a research note on Wednesday, February 19th. Finally, Robert W. Baird lowered their target price on shares of Oshkosh from $171.00 to $160.00 and set an "outperform" rating for the company in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $126.23.

About Oshkosh

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.