Dimensional Fund Advisors LP Acquires 206,377 Shares of Oshkosh Co. (NYSE:OSK)

Dimensional Fund Advisors LP boosted its stake in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 9.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,317,709 shares of the company's stock after acquiring an additional 206,377 shares during the period. Dimensional Fund Advisors LP owned 3.56% of Oshkosh worth $220,342,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in shares of Oshkosh by 17.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 195,906 shares of the company's stock worth $19,632,000 after acquiring an additional 28,478 shares in the last quarter. Barclays PLC boosted its holdings in shares of Oshkosh by 40.9% in the 3rd quarter. Barclays PLC now owns 111,710 shares of the company's stock valued at $11,192,000 after purchasing an additional 32,435 shares in the last quarter. Semanteon Capital Management LP increased its stake in shares of Oshkosh by 29.1% in the 4th quarter. Semanteon Capital Management LP now owns 14,820 shares of the company's stock valued at $1,409,000 after purchasing an additional 3,342 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Oshkosh during the 3rd quarter worth $504,000. Finally, Entropy Technologies LP lifted its position in shares of Oshkosh by 29.0% during the 4th quarter. Entropy Technologies LP now owns 20,018 shares of the company's stock worth $1,903,000 after buying an additional 4,498 shares during the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Bank of America lifted their target price on Oshkosh from $95.00 to $110.00 and gave the company an "underperform" rating in a research report on Monday, February 10th. Truist Financial decreased their price target on shares of Oshkosh from $118.00 to $94.00 and set a "hold" rating on the stock in a report on Tuesday, April 8th. Citigroup cut their target price on shares of Oshkosh from $130.00 to $95.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. KeyCorp lowered their price target on shares of Oshkosh from $132.00 to $120.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Finally, Morgan Stanley dropped their price target on Oshkosh from $110.00 to $91.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $115.00.

Oshkosh Trading Down 0.2 %

Shares of OSK traded down $0.18 during mid-day trading on Monday, reaching $88.60. 108,661 shares of the company were exchanged, compared to its average volume of 593,944. The business has a 50 day simple moving average of $93.30 and a two-hundred day simple moving average of $100.04. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 1.51. The stock has a market capitalization of $5.73 billion, a PE ratio of 8.55, a PEG ratio of 1.45 and a beta of 1.26. Oshkosh Co. has a 52 week low of $76.82 and a 52 week high of $123.25.

Oshkosh (NYSE:OSK - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.36. Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. On average, analysts predict that Oshkosh Co. will post 10.96 earnings per share for the current fiscal year.

Oshkosh Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.04 dividend on an annualized basis and a yield of 2.30%. This is a boost from Oshkosh's previous quarterly dividend of $0.46. Oshkosh's dividend payout ratio is 19.71%.

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.