Deutsche Bank AG Invests $1.35 Million in Oshkosh Corporation $OSK

Key Points

• Deutsche Bank acquired 8,784 Oshkosh shares worth approximately $1.35 million in the second quarter. Institutional investors collectively own 92.36% of the company.
• Oshkosh exceeded quarterly expectations, reporting $2.87 in earnings per share versus a $2.63 consensus estimate and $2.92 billion in revenue, up 6.7% year over year.
• Analysts maintain a generally positive outlook, with an average rating of “Moderate Buy” and an average price target of $170.71, compared with the stock’s reported price of $154.37.

Deutsche Bank AG purchased a new position in shares of Oshkosh Corporation (NYSE:OSK - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 8,784 shares of the company's stock, valued at approximately $1,348,000.

Other institutional investors have also added to or reduced their stakes in the company. Tower View Wealth Management LLC acquired a new stake in shares of Oshkosh during the first quarter worth $29,000. Torren Management LLC acquired a new position in shares of Oshkosh in the fourth quarter valued at about $30,000. Basepoint Wealth LLC bought a new position in Oshkosh during the fourth quarter worth about $51,000. Global Retirement Partners LLC increased its position in Oshkosh by 284.9% during the fourth quarter. Global Retirement Partners LLC now owns 408 shares of the company's stock worth $51,000 after acquiring an additional 302 shares during the period. Finally, Whittier Trust Co. raised its stake in Oshkosh by 33.7% in the 1st quarter. Whittier Trust Co. now owns 373 shares of the company's stock worth $55,000 after purchasing an additional 94 shares in the last quarter. 92.36% of the stock is currently owned by institutional investors.

Oshkosh Price Performance

Oshkosh stock opened at $154.37 on Friday. The stock has a 50-day moving average price of $149.34 and a two-hundred day moving average price of $148.14. Oshkosh Corporation has a 12 month low of $116.77 and a 12 month high of $180.49. The company has a market capitalization of $9.53 billion, a PE ratio of 17.66, a P/E/G ratio of 0.94 and a beta of 1.25. The company has a current ratio of 1.72, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $2.87 earnings per share 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 company had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $2.80 billion. During the same quarter in the previous year, the firm posted $3.41 earnings per share. Oshkosh's revenue for the quarter was up 6.7% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Analysts expect that Oshkosh Corporation will post 10.72 EPS for the current year.

Oshkosh Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Thursday, August 13th. Oshkosh's dividend payout ratio is presently 26.09%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. DA Davidson boosted their price target on Oshkosh from $168.00 to $176.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Evercore reiterated an "outperform" rating and set a $181.00 target price on shares of Oshkosh in a research report on Monday, May 11th. JPMorgan Chase & Co. increased their target price on Oshkosh from $145.00 to $150.00 and gave the stock a "neutral" rating in a report on Wednesday, July 29th. Wall Street Zen raised Oshkosh from a "hold" rating to a "buy" rating in a research note on Saturday, August 22nd. Finally, Barclays increased their price objective on shares of Oshkosh from $150.00 to $170.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, Oshkosh has an average rating of "Moderate Buy" and an average target price of $170.71.

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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