Oshkosh Co. (NYSE:OSK) Stock Position Decreased by Two Sigma Advisers LP

Two Sigma Advisers LP lessened its holdings in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 35.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 118,700 shares of the company's stock after selling 65,000 shares during the period. Two Sigma Advisers LP owned 0.18% of Oshkosh worth $11,895,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. V Square Quantitative Management LLC bought a new position in Oshkosh in the 3rd quarter worth about $25,000. Brooklyn Investment Group bought a new position in Oshkosh in the 3rd quarter worth about $34,000. Eagle Bay Advisors LLC grew its position in Oshkosh by 547.6% in the 2nd quarter. Eagle Bay Advisors LLC now owns 667 shares of the company's stock worth $72,000 after purchasing an additional 564 shares during the last quarter. International Assets Investment Management LLC grew its position in Oshkosh by 9,922.2% in the 3rd quarter. International Assets Investment Management LLC now owns 902 shares of the company's stock worth $90,000 after purchasing an additional 893 shares during the last quarter. Finally, Venturi Wealth Management LLC grew its position in Oshkosh by 35.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,001 shares of the company's stock worth $100,000 after purchasing an additional 262 shares during the last quarter. Institutional investors own 92.36% of the company's stock.

Oshkosh Trading Down 2.5 %

NYSE OSK traded down $2.63 on Tuesday, hitting $101.49. 798,974 shares of the stock were exchanged, compared to its average volume of 511,987. The company's 50-day moving average price is $107.22 and its two-hundred day moving average price is $106.21. The company has a market capitalization of $6.60 billion, a price-to-earnings ratio of 9.93, a P/E/G ratio of 1.05 and a beta of 1.19. Oshkosh Co. has a 52-week low of $93.34 and a 52-week high of $127.98. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.46 and a quick ratio of 0.79.

Oshkosh (NYSE:OSK - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.87 by $0.06. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.63 billion. Research analysts predict that Oshkosh Co. will post 11.35 EPS for the current year.

Oshkosh Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were given a $0.46 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.84 dividend on an annualized basis and a yield of 1.81%. Oshkosh's payout ratio is 17.86%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on OSK shares. Robert W. Baird decreased their price objective on shares of Oshkosh from $171.00 to $160.00 and set an "outperform" rating for the company in a report on Thursday, October 31st. Evercore ISI decreased their price objective on shares of Oshkosh from $137.00 to $119.00 and set an "outperform" rating for the company in a report on Monday, August 19th. JPMorgan Chase & Co. increased their price objective on shares of Oshkosh from $120.00 to $125.00 and gave the company a "neutral" rating in a report on Monday, October 14th. Finally, Truist Financial decreased their price objective on shares of Oshkosh from $126.00 to $114.00 and set a "hold" rating for the company in a report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Oshkosh currently has a consensus rating of "Hold" and a consensus price target of $123.14.

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.