Boston Advisors LLC lifted its stake in shares of Oshkosh Corp (NYSE:OSK) by 5.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,793 shares of the company’s stock after buying an additional 3,169 shares during the period. Boston Advisors LLC owned approximately 0.09% of Oshkosh worth $4,608,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the company. Amundi Pioneer Asset Management Inc. increased its stake in shares of Oshkosh by 6.3% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 46,626 shares of the company’s stock worth $3,503,000 after purchasing an additional 2,781 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in Oshkosh during the 2nd quarter valued at about $593,000. Empowered Funds LLC purchased a new stake in Oshkosh during the 2nd quarter valued at about $2,423,000. New England Research & Management Inc. purchased a new stake in Oshkosh during the 2nd quarter valued at about $455,000. Finally, First National Bank of Omaha grew its stake in Oshkosh by 7.4% during the 2nd quarter. First National Bank of Omaha now owns 6,497 shares of the company’s stock valued at $542,000 after acquiring an additional 450 shares in the last quarter. Institutional investors and hedge funds own 89.72% of the company’s stock.
In other news, VP James W. Johnson sold 7,009 shares of the firm’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $91.48, for a total value of $641,183.32. Following the completion of the sale, the vice president now owns 39,454 shares in the company, valued at approximately $3,609,251.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Craig P. Omtvedt sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $91.45, for a total transaction of $914,500.00. Following the completion of the sale, the director now owns 22,014 shares of the company’s stock, valued at approximately $2,013,180.30. The disclosure for this sale can be found here. Insiders sold a total of 94,160 shares of company stock worth $8,288,319 over the last ninety days. Insiders own 1.90% of the company’s stock.
Several research firms have recently weighed in on OSK. Goldman Sachs Group raised shares of Oshkosh from a “sell” rating to a “neutral” rating and increased their price target for the company from $66.00 to $90.00 in a research note on Friday, November 8th. Royal Bank of Canada increased their price target on shares of Oshkosh to $98.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. ValuEngine raised shares of Oshkosh from a “strong sell” rating to a “sell” rating in a research note on Tuesday, November 5th. Robert W. Baird raised shares of Oshkosh from a “neutral” rating to an “outperform” rating and increased their price target for the company from $74.00 to $101.00 in a research note on Thursday, October 24th. Finally, Citigroup dropped their price target on shares of Oshkosh from $95.00 to $88.00 and set a “buy” rating for the company in a research note on Tuesday, August 6th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $90.00.
Oshkosh stock traded up $0.06 during mid-day trading on Wednesday, reaching $88.84. 469,200 shares of the company’s stock were exchanged, compared to its average volume of 617,759. Oshkosh Corp has a twelve month low of $56.47 and a twelve month high of $92.63. The company has a fifty day moving average of $86.35 and a 200-day moving average of $79.04. The company has a quick ratio of 1.24, a current ratio of 1.96 and a debt-to-equity ratio of 0.32. The company has a market cap of $6.16 billion, a P/E ratio of 10.69, a P/E/G ratio of 0.92 and a beta of 2.00.
Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $2.17 EPS for the quarter, beating the Zacks’ consensus estimate of $1.88 by $0.29. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.11 billion. Oshkosh had a net margin of 6.91% and a return on equity of 23.21%. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.80 EPS. Equities research analysts expect that Oshkosh Corp will post 7.82 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.35%. This is an increase from Oshkosh’s previous quarterly dividend of $0.27. The ex-dividend date was Friday, November 15th. Oshkosh’s dividend payout ratio (DPR) is 14.44%.
Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation services; and chassis and service parts sales.
Read More: Short Selling
Receive News & Ratings for Oshkosh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oshkosh and related companies with MarketBeat.com's FREE daily email newsletter.