Oshkosh Corporation $OSK Shares Sold by Capital Fund Management S.A.

Key Points

• Capital Fund Management S.A. reduced its position in Oshkosh Corporation by 17.1%, now holding 56,074 shares valued at approximately $5.28 million.
• Oshkosh recently reported a quarterly EPS of $3.41, exceeding analysts' expectations and setting its FY 2025 guidance at $11.00 EPS.
• The company declared a quarterly dividend of $0.51 per share, translating to an annualized dividend yield of 1.4% with a payout ratio of 20.48%.

Capital Fund Management S.A. cut its stake in Oshkosh Corporation (NYSE:OSK - Free Report) by 17.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 56,074 shares of the company's stock after selling 11,549 shares during the quarter. Capital Fund Management S.A. owned about 0.09% of Oshkosh worth $5,275,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in OSK. Parallel Advisors LLC grew 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 last quarter. CX Institutional purchased a new position in Oshkosh during the 1st quarter worth $28,000. Coppell Advisory Solutions LLC grew its stake 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 buying an additional 110 shares during the last quarter. Golden State Wealth Management LLC grew its stake in Oshkosh by 147.6% during the 1st quarter. Golden State Wealth Management LLC now owns 312 shares of the company's stock worth $30,000 after buying an additional 186 shares during the last quarter. Finally, Signaturefd LLC grew its stake in Oshkosh by 88.7% during the 1st quarter. Signaturefd LLC now owns 636 shares of the company's stock worth $60,000 after buying an additional 299 shares during the last quarter. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on OSK shares. Wall Street Zen upgraded Oshkosh from a "hold" rating to a "buy" rating in a research note on Friday, August 22nd. Jefferies Financial Group restated a "hold" rating on shares of Oshkosh in a research note on Friday, June 6th. Robert W. Baird boosted their target price on Oshkosh from $169.00 to $188.00 and gave the stock an "outperform" rating in a research note on Monday, August 4th. The Goldman Sachs Group raised Oshkosh from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $124.00 to $131.00 in a research report on Tuesday, July 1st. Finally, JPMorgan Chase & Co. lifted their price target on Oshkosh from $92.00 to $106.00 and gave the stock a "neutral" rating in a research report on Friday, June 6th. Nine equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $138.08.

Insider Transactions at Oshkosh

In related news, CMO Bryan K. Brandt sold 1,732 shares of the company's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $140.37, for a total value of $243,120.84. Following the completion of the transaction, the chief marketing officer owned 10,459 shares of the company's stock, valued at approximately $1,468,129.83. This represents a 14.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Anupam Khare sold 4,000 shares of the company's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $139.03, for a total value of $556,120.00. Following the completion of the transaction, the senior vice president directly owned 13,716 shares of the company's stock, valued at $1,906,935.48. The trade was a 22.58% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.55% of the company's stock.

Oshkosh Stock Performance

Shares of OSK stock traded up $1.01 on Wednesday, hitting $143.45. The company had a trading volume of 363,116 shares, compared to its average volume of 765,553. The firm has a market cap of $9.18 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 1.77 and a beta of 1.43. The company has a 50-day moving average price of $127.26 and a 200-day moving average price of $107.45. The company has a quick ratio of 0.92, a current ratio of 1.84 and a debt-to-equity ratio of 0.25. Oshkosh Corporation has a twelve month low of $76.82 and a twelve month high of $144.03.

Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The company reported $3.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.98 by $0.43. The business had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $2.67 billion. Oshkosh had a return on equity of 16.70% and a net margin of 6.25%.The company's revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.34 EPS. Oshkosh has set its FY 2025 guidance at 11.000-11.000 EPS. As a group, equities research analysts predict that Oshkosh Corporation will post 10.96 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Tuesday, August 19th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, August 19th. Oshkosh's payout ratio is 20.48%.

About Oshkosh

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.