Oshkosh Co. (NYSE:OSK) Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its stake in Oshkosh Co. (NYSE:OSK - Free Report) by 18.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,934 shares of the company's stock after purchasing an additional 3,259 shares during the period. Teacher Retirement System of Texas' holdings in Oshkosh were worth $1,990,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in OSK. Blue Trust Inc. grew its holdings in 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 boosted its position in shares of Oshkosh by 2.5% in the 4th quarter. Carolina Wealth Advisors LLC now owns 6,062 shares of the company's stock worth $576,000 after buying an additional 146 shares in the last quarter. Private Advisor Group LLC grew its stake in Oshkosh by 4.0% in the 4th quarter. Private Advisor Group LLC now owns 3,923 shares of the company's stock valued at $373,000 after acquiring an additional 152 shares during the last quarter. V Square Quantitative Management LLC increased 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 acquiring an additional 157 shares in the last quarter. Finally, Manchester Capital Management LLC raised its position in Oshkosh by 11.1% during the fourth quarter. Manchester Capital Management LLC now owns 2,143 shares of the company's stock worth $204,000 after acquiring an additional 214 shares during the last quarter. Hedge funds and other institutional investors own 92.36% of the company's stock.

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Oshkosh Trading Down 0.3 %

OSK stock traded down $0.24 on Monday, hitting $94.07. 674,081 shares of the company were exchanged, compared to its average volume of 571,716. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76. The stock has a market capitalization of $6.07 billion, a price-to-earnings ratio of 9.09, a price-to-earnings-growth ratio of 1.45 and a beta of 1.21. Oshkosh Co. has a twelve month low of $89.08 and a twelve month high of $127.98. The business's fifty day moving average is $101.78 and its two-hundred day moving average is $102.28.

Oshkosh (NYSE:OSK - Get Free Report) last released its quarterly earnings data 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%. As a group, research analysts forecast that Oshkosh Co. will post 10.96 earnings per share for the current year.

Oshkosh Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were paid a $0.51 dividend. This is a positive change from Oshkosh's previous quarterly dividend of $0.46. This represents a $2.04 annualized dividend and a dividend yield of 2.17%. The ex-dividend date was Friday, February 14th. Oshkosh's payout ratio is currently 19.71%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on OSK shares. KeyCorp raised their price objective on shares of Oshkosh from $113.00 to $132.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. UBS Group raised their price target on Oshkosh from $125.00 to $137.00 and gave the stock a "buy" rating in a research report on Monday, February 3rd. Truist Financial upped their price objective on Oshkosh from $109.00 to $118.00 and gave the company a "hold" rating in a research report on Friday, January 31st. Morgan Stanley lifted their price objective on Oshkosh from $98.00 to $110.00 and gave the stock an "equal weight" rating in a research report on Monday, February 3rd. Finally, Raymond James upped their target price on shares of Oshkosh from $125.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, Oshkosh presently has an average rating of "Hold" and an average price target of $124.38.

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.