Pallas Capital Advisors LLC acquired a new stake in Oshkosh Co. (NYSE:OSK - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 10,288 shares of the company's stock, valued at approximately $968,000.
Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. increased its position in Oshkosh by 108.7% during the fourth quarter. Blue Trust Inc. now owns 265 shares of the company's stock worth $27,000 after buying an additional 138 shares during the last quarter. Parallel Advisors LLC raised its stake in Oshkosh by 91.4% during the 1st quarter. Parallel Advisors LLC now owns 266 shares of the company's stock worth $25,000 after buying an additional 127 shares during the period. Coppell Advisory Solutions LLC increased its holdings in Oshkosh by 52.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock worth $30,000 after purchasing an additional 110 shares in the last quarter. V Square Quantitative Management LLC increased its stake 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 last quarter. Finally, Twin Tree Management LP bought a new stake in Oshkosh during the fourth quarter worth $41,000. 92.36% of the stock is currently owned by institutional investors and hedge funds.
Oshkosh Price Performance
OSK traded up $0.16 during trading on Thursday, reaching $110.97. The stock had a trading volume of 113,428 shares, compared to its average volume of 651,619. Oshkosh Co. has a 1-year low of $76.82 and a 1-year high of $118.39. The stock has a 50 day moving average of $93.63 and a two-hundred day moving average of $98.02. The firm has a market capitalization of $7.14 billion, a price-to-earnings ratio of 10.72, a price-to-earnings-growth ratio of 1.45 and a beta of 1.41. The company has a quick ratio of 0.76, a current ratio of 1.51 and a debt-to-equity ratio of 0.14.
Oshkosh (NYSE:OSK - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $1.92 EPS for the quarter, missing the consensus estimate of $2.02 by ($0.10). Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.42 billion. During the same period last year, the company earned $2.89 EPS. The company's revenue was down 9.1% on a year-over-year basis. As a group, equities analysts anticipate that Oshkosh Co. will post 10.96 EPS for the current fiscal year.
Oshkosh Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were paid a $0.51 dividend. The ex-dividend date was Friday, May 16th. This represents a $2.04 annualized dividend and a dividend yield of 1.84%. Oshkosh's dividend payout ratio is presently 21.79%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on OSK shares. DA Davidson lowered their price objective on shares of Oshkosh from $120.00 to $111.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. KeyCorp dropped their price target on shares of Oshkosh from $132.00 to $120.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. UBS Group lifted their price objective on shares of Oshkosh from $99.00 to $119.00 and gave the company a "buy" rating in a research note on Friday, May 16th. Robert W. Baird upped their price objective on Oshkosh from $135.00 to $169.00 and gave the stock an "outperform" rating in a report on Friday, June 6th. Finally, Truist Financial raised Oshkosh from a "hold" rating to a "buy" rating and upped their price target for the company from $93.00 to $127.00 in a research report on Tuesday, June 3rd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $120.29.
View Our Latest Stock Report on Oshkosh
Oshkosh Profile
(
Free Report)
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.
Read More
Before you consider Oshkosh, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oshkosh wasn't on the list.
While Oshkosh currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
