AlphaQuest LLC Has $1.48 Million Stock Position in Oshkosh Corporation $OSK

Key Points

• AlphaQuest LLC cut its Oshkosh stake by 66.2% in the fourth quarter, leaving it with 11,755 shares valued at about $1.48 million.
• Several other institutional investors also changed positions in Oshkosh, and the stock remains heavily institutionally owned at 92.36%.
• Oshkosh reported quarterly EPS of $0.85, missing estimates, while revenue of $2.32 billion slightly topped expectations; analysts currently rate the stock a Moderate Buy with a consensus price target of $165.38.

AlphaQuest LLC reduced its stake in shares of Oshkosh Corporation (NYSE:OSK - Free Report) by 66.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,755 shares of the company's stock after selling 23,065 shares during the quarter. AlphaQuest LLC's holdings in Oshkosh were worth $1,477,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Keybank National Association OH acquired a new stake in shares of Oshkosh during the 3rd quarter worth $422,000. Mutual Advisors LLC acquired a new stake in shares of Oshkosh during the 3rd quarter worth $849,000. Murphy Middleton Hinkle & Parker Inc. acquired a new stake in shares of Oshkosh during the 4th quarter worth $4,183,000. Peterson Wealth Services grew its holdings in shares of Oshkosh by 3,459.5% during the 3rd quarter. Peterson Wealth Services now owns 56,952 shares of the company's stock worth $7,387,000 after purchasing an additional 55,352 shares in the last quarter. Finally, Convergence Investment Partners LLC acquired a new stake in shares of Oshkosh during the 3rd quarter worth $1,162,000. 92.36% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Oshkosh

In other news, SVP Anupam Khare sold 4,000 shares of the firm's stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $169.07, for a total transaction of $676,280.00. Following the completion of the transaction, the senior vice president directly owned 13,577 shares in the company, valued at $2,295,463.39. This trade represents a 22.76% 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. Also, Director Duncan Palmer sold 505 shares of the firm's stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total value of $67,599.30. Following the transaction, the director owned 39,684 shares of the company's stock, valued at $5,312,100.24. This trade represents a 1.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

OSK has been the subject of several recent analyst reports. JPMorgan Chase & Co. dropped their price objective on Oshkosh from $158.00 to $145.00 and set a "neutral" rating for the company in a research report on Monday, May 11th. Raymond James Financial restated an "outperform" rating and set a $175.00 price objective on shares of Oshkosh in a research report on Monday, March 2nd. Evercore restated an "outperform" rating and set a $181.00 price objective on shares of Oshkosh in a research report on Monday, May 11th. Wells Fargo & Company upped their price objective on Oshkosh from $168.00 to $204.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 25th. Finally, Wall Street Zen downgraded Oshkosh from a "buy" rating to a "hold" rating in a research report on Saturday, May 16th. Eleven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Oshkosh presently has an average rating of "Moderate Buy" and a consensus price target of $165.38.

Oshkosh Price Performance

Oshkosh stock opened at $129.66 on Thursday. Oshkosh Corporation has a 12 month low of $97.28 and a 12 month high of $180.49. The company has a current ratio of 1.63, a quick ratio of 0.83 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $8.08 billion, a PE ratio of 14.44, a P/E/G ratio of 0.63 and a beta of 1.33. The stock has a 50-day moving average price of $142.64 and a two-hundred day moving average price of $144.05.

Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly earnings data on Friday, May 8th. The company reported $0.85 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.04 by ($0.19). Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter last year, the business earned $1.92 earnings per share. Oshkosh's revenue was up .2% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Analysts expect that Oshkosh Corporation will post 11 EPS for the current year.

Oshkosh Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Tuesday, May 26th. Oshkosh's dividend payout ratio (DPR) is 25.39%.

Oshkosh Company Profile

Oshkosh Corporation NYSE: OSK is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company's offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.

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