Oshkosh Corporation (NYSE:OSK) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analyst sentiment is moderately bullish: Among 17 analysts covering Oshkosh, 11 recommend buying and six rate it a hold, producing an average “Moderate Buy” rating. The average 12-month price target is $170.71.
• Oshkosh exceeded quarterly expectations, reporting $2.87 in EPS versus the $2.63 consensus and revenue of $2.92 billion, up 6.7% year over year. Analysts expect approximately $10.72 in EPS for the current year.
• The company maintains a quarterly dividend of $0.57 per share, equal to a 1.6% yield, while institutional investors own 92.36% of outstanding shares.

Shares of Oshkosh Corporation (NYSE:OSK - Get Free Report) have received an average rating of "Moderate Buy" from the seventeen analysts that are currently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $170.7143.

A number of equities analysts have issued reports on OSK shares. DA Davidson increased their price objective on Oshkosh from $168.00 to $176.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. Barclays upped their target price on shares of Oshkosh from $150.00 to $170.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Zacks Research upgraded shares of Oshkosh from a "strong sell" rating to a "hold" rating in a research note on Friday, August 21st. Robert W. Baird lifted their price target on shares of Oshkosh from $172.00 to $180.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. Finally, Wall Street Zen raised shares of Oshkosh from a "hold" rating to a "buy" rating in a research note on Saturday, August 22nd.

Oshkosh Stock Performance

NYSE:OSK opened at $146.47 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13. The firm's fifty day simple moving average is $150.66 and its 200 day simple moving average is $145.76. The stock has a market cap of $9.04 billion, a P/E ratio of 16.76, a price-to-earnings-growth ratio of 1.07 and a beta of 1.27. Oshkosh has a twelve month low of $116.77 and a twelve month high of $180.49.

Oshkosh (NYSE:OSK - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, beating analysts' consensus estimates of $2.63 by $0.24. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The firm had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same quarter in the previous year, the firm posted $3.41 EPS. The company's revenue for the quarter was up 6.7% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. As a group, research analysts predict that Oshkosh will post 10.72 EPS for the current year.

Oshkosh Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Thursday, August 13th. Oshkosh's dividend payout ratio (DPR) is presently 26.09%.

Insider Buying and Selling

In other news, Director John Pfeifer sold 778 shares of the firm's stock in a transaction on Friday, September 11th. The stock was sold at an average price of $150.00, for a total transaction of $116,700.00. Following the completion of the transaction, the director directly owned 150,669 shares in the company, valued at $22,600,350. This trade represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.64% of the company's stock.

Institutional Trading of Oshkosh

Institutional investors have recently bought and sold shares of the company. Sequoia Financial Advisors LLC lifted its stake in shares of Oshkosh by 55.3% in the second quarter. Sequoia Financial Advisors LLC now owns 3,445 shares of the company's stock worth $529,000 after buying an additional 1,226 shares in the last quarter. Tidal Investments LLC raised its holdings in Oshkosh by 14.6% in the 2nd quarter. Tidal Investments LLC now owns 22,608 shares of the company's stock worth $3,470,000 after acquiring an additional 2,885 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in Oshkosh by 40.0% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 35,284 shares of the company's stock worth $5,415,000 after acquiring an additional 10,074 shares during the last quarter. NewEdge Advisors LLC lifted its position in Oshkosh by 90.9% in the 2nd quarter. NewEdge Advisors LLC now owns 3,882 shares of the company's stock valued at $596,000 after acquiring an additional 1,849 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in Oshkosh by 90.5% in the 2nd quarter. IFP Advisors Inc now owns 1,429 shares of the company's stock valued at $219,000 after acquiring an additional 679 shares in the last quarter. 92.36% of the stock is owned by hedge funds and other institutional investors.

About Oshkosh

Oshkosh Corporation NYSE: OSK is a manufacturer of specialty vehicles and equipment headquartered in Oshkosh, Wisconsin. Founded in 1917, the company serves commercial, government and municipal customers in markets that require purpose-built vehicles for demanding operating environments.

Oshkosh operates through businesses focused on access equipment, defense, fire apparatus and vocational vehicles. Its products include aerial work platforms and other equipment used in construction and industrial applications; tactical vehicles, trailers and related systems for defense and security customers; fire trucks, airport rescue vehicles and emergency response equipment; and vocational vehicles for refuse collection, concrete placement, snow removal and other specialized tasks.

The company serves customers in North America and international markets through a combination of manufacturing operations, dealerships, distributors and direct sales.

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