3,890 Shares in Oshkosh Co. (NYSE:OSK) Acquired by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP acquired a new stake in Oshkosh Co. (NYSE:OSK - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,890 shares of the company's stock, valued at approximately $370,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in OSK. Blue Trust Inc. raised its holdings in shares of Oshkosh by 108.7% during the 4th quarter. Blue Trust Inc. now owns 265 shares of the company's stock worth $27,000 after acquiring an additional 138 shares during the period. Coppell Advisory Solutions LLC raised its holdings in Oshkosh by 52.1% in the 4th quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock valued at $30,000 after buying an additional 110 shares during the period. Hager Investment Management Services LLC purchased a new stake in Oshkosh in the 4th quarter valued at about $32,000. V Square Quantitative Management LLC raised its holdings in Oshkosh by 64.1% in the 4th quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock valued at $38,000 after buying an additional 157 shares during the period. Finally, Twin Tree Management LP purchased a new stake in Oshkosh in the 4th quarter valued at about $41,000. Hedge funds and other institutional investors own 92.36% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Raymond James boosted their price objective on shares of Oshkosh from $125.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, January 31st. Morgan Stanley reduced their price objective on shares of Oshkosh from $110.00 to $91.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Evercore ISI boosted their price objective on shares of Oshkosh from $122.00 to $137.00 and gave the company an "outperform" rating in a report on Wednesday, February 19th. UBS Group dropped their target price on Oshkosh from $137.00 to $97.00 and set a "buy" rating for the company in a research report on Monday, April 7th. Finally, Truist Financial dropped their target price on Oshkosh from $94.00 to $93.00 and set a "hold" rating for the company in a research report on Thursday, May 1st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $112.64.

Oshkosh Stock Up 0.6%

Shares of Oshkosh stock traded up $0.56 on Wednesday, reaching $100.72. 1,094,303 shares of the company were exchanged, compared to its average volume of 620,697. 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 $6.48 billion, a P/E ratio of 9.73, a price-to-earnings-growth ratio of 1.45 and a beta of 1.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76. The stock's 50 day moving average price is $90.55 and its 200-day moving average price is $98.85.

Oshkosh (NYSE:OSK - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $1.92 EPS for the quarter, missing analysts' consensus estimates of $2.02 by ($0.10). Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.42 billion. During the same period in the prior year, the firm posted $2.89 earnings per share. The business's quarterly revenue was down 9.1% compared to the same quarter last year. As a group, equities analysts forecast that Oshkosh Co. will post 10.96 EPS for the current year.

Oshkosh Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend is Friday, May 16th. Oshkosh's dividend payout ratio is presently 21.79%.

Oshkosh 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.