Two Sigma Securities LLC Purchases Shares of 4,538 Oshkosh Co. (NYSE:OSK)

Two Sigma Securities LLC acquired a new stake in shares of Oshkosh Co. (NYSE:OSK - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,538 shares of the company's stock, valued at approximately $431,000.

Other hedge funds also recently modified their holdings of the company. Synovus Financial Corp grew its holdings in Oshkosh by 0.4% in the 4th quarter. Synovus Financial Corp now owns 30,357 shares of the company's stock valued at $2,886,000 after buying an additional 106 shares during the period. Coppell Advisory Solutions LLC grew its stake in shares of Oshkosh by 52.1% in the fourth quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock valued at $30,000 after buying an additional 110 shares in the last quarter. Blue Trust Inc. grew its position 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 acquiring an additional 138 shares in the last quarter. Carolina Wealth Advisors LLC increased its stake in Oshkosh by 2.5% during 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 during the period. Finally, Private Advisor Group LLC lifted its stake in shares of Oshkosh by 4.0% in the fourth quarter. Private Advisor Group LLC now owns 3,923 shares of the company's stock worth $373,000 after acquiring an additional 152 shares in the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

Oshkosh Stock Up 0.2 %

Shares of Oshkosh stock opened at $88.91 on Friday. Oshkosh Co. has a 1 year low of $76.82 and a 1 year high of $123.25. The company has a market cap of $5.75 billion, a P/E ratio of 8.59, a P/E/G ratio of 1.45 and a beta of 1.26. 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 stock has a 50-day moving average price of $93.30 and a 200 day moving average price of $100.04.

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

Oshkosh Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were given a dividend of $0.51 per share. This is a boost from Oshkosh's previous quarterly dividend of $0.46. The ex-dividend date was Friday, February 14th. This represents a $2.04 dividend on an annualized basis and a yield of 2.29%. Oshkosh's dividend payout ratio (DPR) is presently 19.71%.

Analyst Ratings Changes

Several analysts recently issued reports on OSK shares. JPMorgan Chase & Co. cut their price target on shares of Oshkosh from $117.00 to $100.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. The Goldman Sachs Group cut their price target on Oshkosh from $135.00 to $116.00 and set a "neutral" rating on the stock in a report on Wednesday, March 19th. Raymond James boosted their target price on shares of Oshkosh from $125.00 to $130.00 and gave the company an "outperform" rating in a research note on Friday, January 31st. Truist Financial decreased their price target on Oshkosh from $118.00 to $94.00 and set a "hold" rating for the company in a research note on Tuesday, April 8th. Finally, UBS Group decreased their price objective on shares of Oshkosh from $137.00 to $97.00 and set a "buy" rating for the company in a report on Monday, April 7th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $115.00.

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.

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