Callan Family Office LLC Purchases Shares of 15,750 Oshkosh Corporation $OSK

Callan Family Office LLC purchased a new stake in shares of Oshkosh Corporation (NYSE:OSK - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 15,750 shares of the company's stock, valued at approximately $2,417,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Thrivent Financial for Lutherans boosted its position in Oshkosh by 1,945.0% during the 4th quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company's stock worth $53,468,000 after acquiring an additional 404,788 shares during the period. Y Intercept Hong Kong Ltd raised its stake in shares of Oshkosh by 84.7% during the first quarter. Y Intercept Hong Kong Ltd now owns 54,593 shares of the company's stock valued at $8,037,000 after purchasing an additional 25,037 shares in the last quarter. California State Teachers Retirement System lifted its holdings in Oshkosh by 21.9% in the first quarter. California State Teachers Retirement System now owns 74,153 shares of the company's stock worth $10,916,000 after purchasing an additional 13,344 shares during the period. LSV Asset Management lifted its holdings in Oshkosh by 0.9% in the fourth quarter. LSV Asset Management now owns 1,913,769 shares of the company's stock worth $240,427,000 after purchasing an additional 17,944 shares during the period. Finally, Norges Bank bought a new position in Oshkosh in the 4th quarter valued at about $127,907,000. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Barclays raised their target price on shares of Oshkosh from $150.00 to $170.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. upped their price target on shares of Oshkosh from $145.00 to $150.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 29th. Zacks Research cut shares of Oshkosh from a "hold" rating to a "strong sell" rating in a report on Thursday, July 23rd. Morgan Stanley lowered their price objective on shares of Oshkosh from $157.00 to $150.00 and set an "equal weight" rating on the stock in a research note on Tuesday, May 12th. Finally, Evercore reissued an "outperform" rating and set a $181.00 target price on shares of Oshkosh in a report on Monday, May 11th. Eleven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $171.33.

Oshkosh Trading Up 2.8%

Shares of OSK stock opened at $156.96 on Friday. The stock has a 50-day simple moving average of $147.59 and a 200 day simple moving average of $148.35. The stock has a market capitalization of $9.69 billion, a P/E ratio of 17.96, a P/E/G ratio of 0.96 and a beta of 1.25. Oshkosh Corporation has a fifty-two week low of $116.77 and a fifty-two week high of $180.49. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, topping the consensus estimate 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 analysts' expectations of $2.80 billion. During the same period in the previous year, the business earned $3.41 earnings per share. Oshkosh'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. On average, sell-side analysts expect that Oshkosh Corporation will post 10.72 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a $0.57 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $2.28 annualized dividend and a dividend yield of 1.5%. Oshkosh's payout ratio is currently 26.09%.

About Oshkosh

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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