Oshkosh Co. (NYSE:OSK) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in Oshkosh Co. (NYSE:OSK - Free Report) by 7.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 165,982 shares of the company's stock after selling 12,606 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.26% of Oshkosh worth $16,633,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in OSK. V Square Quantitative Management LLC acquired a new stake in Oshkosh in the third quarter valued at approximately $25,000. Brooklyn Investment Group purchased a new position in Oshkosh in the third quarter valued at approximately $34,000. Eagle Bay Advisors LLC increased its stake in Oshkosh by 547.6% in the second quarter. Eagle Bay Advisors LLC now owns 667 shares of the company's stock valued at $72,000 after purchasing an additional 564 shares during the last quarter. GAMMA Investing LLC increased its stake in Oshkosh by 26.2% in the second quarter. GAMMA Investing LLC now owns 733 shares of the company's stock valued at $79,000 after purchasing an additional 152 shares during the last quarter. Finally, International Assets Investment Management LLC increased its stake in Oshkosh by 9,922.2% in the third quarter. International Assets Investment Management LLC now owns 902 shares of the company's stock valued at $90,000 after purchasing an additional 893 shares during the last quarter. Institutional investors and hedge funds own 92.36% of the company's stock.

Oshkosh Stock Performance

Shares of NYSE OSK traded down $5.25 during mid-day trading on Friday, hitting $106.63. 1,756,418 shares of the company were exchanged, compared to its average volume of 403,181. The company has a quick ratio of 0.79, a current ratio of 1.46 and a debt-to-equity ratio of 0.15. The stock has a 50 day simple moving average of $107.14 and a 200-day simple moving average of $106.45. Oshkosh Co. has a 1-year low of $93.34 and a 1-year high of $127.98. The firm has a market cap of $6.94 billion, a price-to-earnings ratio of 10.35, a price-to-earnings-growth ratio of 1.11 and a beta of 1.19.

Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $2.93 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $2.63 billion. On average, sell-side analysts forecast that Oshkosh Co. will post 11.35 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date was Friday, November 15th. Oshkosh's dividend payout ratio (DPR) is currently 17.86%.

Analysts Set New Price Targets

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

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.