XTX Topco Ltd Sells 10,290 Shares of Oshkosh Co. (NYSE:OSK)

XTX Topco Ltd reduced its position in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 73.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,646 shares of the company's stock after selling 10,290 shares during the period. XTX Topco Ltd's holdings in Oshkosh were worth $365,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in OSK. AE Wealth Management LLC raised its holdings in Oshkosh by 7.3% in the 2nd quarter. AE Wealth Management LLC now owns 1,863 shares of the company's stock valued at $202,000 after acquiring an additional 127 shares in the last quarter. KBC Group NV raised its holdings in shares of Oshkosh by 15.2% during the 3rd 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. Allspring Global Investments Holdings LLC raised its holdings in shares of Oshkosh by 1.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 22,615 shares of the company's stock worth $2,447,000 after buying an additional 235 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Oshkosh during the 3rd quarter worth $25,000. Finally, ABLE Financial Group LLC raised its holdings in shares of Oshkosh by 4.6% during the 2nd quarter. ABLE Financial Group LLC now owns 5,635 shares of the company's stock worth $610,000 after buying an additional 249 shares in the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on OSK shares. JPMorgan Chase & Co. boosted their price target on Oshkosh from $120.00 to $125.00 and gave the stock a "neutral" rating in a report on Monday, October 14th. UBS Group reduced their price objective on Oshkosh from $129.00 to $125.00 and set a "buy" rating on the stock in a research report on Thursday, December 12th. Robert W. Baird reduced their price objective on Oshkosh from $171.00 to $160.00 and set an "outperform" rating on the stock in a research report on Thursday, October 31st. Truist Financial reduced their price objective on Oshkosh from $126.00 to $114.00 and set a "hold" rating on the stock in a research report on Wednesday, October 9th. Finally, Evercore ISI reduced their price target on Oshkosh from $137.00 to $119.00 and set an "outperform" rating on the stock in a research report on Monday, August 19th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $122.86.

Oshkosh Stock Down 1.4 %

OSK stock traded down $1.39 during trading on Tuesday, reaching $97.71. 599,893 shares of the stock were exchanged, compared to its average volume of 514,847. The firm's 50 day moving average is $107.27 and its 200 day moving average is $105.66. Oshkosh Co. has a twelve month low of $93.34 and a twelve month high of $127.98. The company has a current ratio of 1.46, a quick ratio of 0.79 and a debt-to-equity ratio of 0.15. The firm has a market cap of $6.36 billion, a P/E ratio of 9.49, a price-to-earnings-growth ratio of 0.98 and a beta of 1.19.

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, topping analysts' consensus estimates of $2.87 by $0.06. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.63 billion. As a group, research analysts forecast that Oshkosh Co. will post 11.35 EPS for the current year.

Oshkosh Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend was Friday, November 15th. Oshkosh's dividend payout ratio (DPR) is currently 17.86%.

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.