111 Capital Makes New $673,000 Investment in Oshkosh Co. (NYSE:OSK)

111 Capital acquired a new position in shares of Oshkosh Co. (NYSE:OSK - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,076 shares of the company's stock, valued at approximately $673,000.

Several other large investors also recently modified their holdings of the company. Synovus Financial Corp increased its position in shares of Oshkosh by 0.4% during the fourth quarter. Synovus Financial Corp now owns 30,357 shares of the company's stock worth $2,886,000 after buying an additional 106 shares during the period. Coppell Advisory Solutions LLC increased its position in shares of Oshkosh by 52.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock worth $30,000 after buying an additional 110 shares during the period. Captrust Financial Advisors increased its position in shares of Oshkosh by 3.9% during the fourth quarter. Captrust Financial Advisors now owns 3,259 shares of the company's stock worth $310,000 after buying an additional 122 shares during the period. Blue Trust Inc. increased its position in shares of 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 period. Finally, Private Advisor Group LLC increased its position in shares of Oshkosh by 4.0% during the fourth quarter. Private Advisor Group LLC now owns 3,923 shares of the company's stock worth $373,000 after buying an additional 152 shares during the period. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Stock Down 0.9%

Shares of Oshkosh stock traded down $0.85 during trading hours on Monday, reaching $98.34. The company's stock had a trading volume of 727,762 shares, compared to its average volume of 631,943. 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's fifty day simple moving average is $91.39 and its two-hundred day simple moving average is $97.92. Oshkosh Co. has a one year low of $76.82 and a one year high of $118.39. The company has a market capitalization of $6.33 billion, a P/E ratio of 9.50, a P/E/G ratio of 1.45 and a beta of 1.37.

Oshkosh (NYSE:OSK - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $1.92 earnings per share for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $2.42 billion. During the same period in the previous year, the business earned $2.89 earnings per share. The firm's revenue for the quarter was down 9.1% on a year-over-year basis. On average, research analysts forecast that Oshkosh Co. will post 10.96 earnings per share for the current year.

Oshkosh Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date was Friday, May 16th. Oshkosh's payout ratio is currently 21.79%.

Analyst Ratings Changes

OSK has been the subject of a number of research reports. Robert W. Baird reduced their price target on shares of Oshkosh from $163.00 to $135.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. Citigroup restated a "buy" rating and issued a $105.00 price target (up from $95.00) on shares of Oshkosh in a report on Tuesday, May 6th. Truist Financial reduced their price target on shares of Oshkosh from $94.00 to $93.00 and set a "hold" rating for the company in a report on Thursday, May 1st. Morgan Stanley reduced their price target on shares of Oshkosh from $110.00 to $91.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Oshkosh from $100.00 to $92.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $114.93.

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.