Oshkosh Corporation (NYSE:OSK) Shares Sold by Galibier Capital Management Ltd.

Galibier Capital Management Ltd. decreased its position in shares of Oshkosh Corporation (NYSE:OSK - Free Report) by 17.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,227 shares of the company's stock after selling 8,000 shares during the period. Oshkosh makes up approximately 1.1% of Galibier Capital Management Ltd.'s holdings, making the stock its 17th largest holding. Galibier Capital Management Ltd. owned approximately 0.06% of Oshkosh worth $3,502,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in OSK. Capital Insight Partners LLC boosted its holdings in shares of Oshkosh by 3.9% during the first quarter. Capital Insight Partners LLC now owns 4,599 shares of the company's stock worth $433,000 after purchasing an additional 171 shares during the period. Crossmark Global Holdings Inc. raised its holdings in Oshkosh by 78.4% in the 1st quarter. Crossmark Global Holdings Inc. now owns 6,864 shares of the company's stock worth $646,000 after purchasing an additional 3,017 shares in the last quarter. Callan Capital LLC raised its holdings in Oshkosh by 8.1% in the 1st quarter. Callan Capital LLC now owns 3,383 shares of the company's stock worth $318,000 after purchasing an additional 254 shares in the last quarter. Penserra Capital Management LLC raised its holdings in Oshkosh by 6.4% in the 1st quarter. Penserra Capital Management LLC now owns 4,172 shares of the company's stock worth $392,000 after purchasing an additional 251 shares in the last quarter. Finally, D.A. Davidson & CO. raised its holdings in Oshkosh by 22.5% in the 1st quarter. D.A. Davidson & CO. now owns 4,917 shares of the company's stock worth $463,000 after purchasing an additional 902 shares in the last quarter. Hedge funds and other institutional investors own 92.36% of the company's stock.

Oshkosh Price Performance

Shares of NYSE:OSK traded down $0.17 during midday trading on Friday, reaching $126.45. 263,627 shares of the company's stock traded hands, compared to its average volume of 676,276. Oshkosh Corporation has a 1 year low of $76.82 and a 1 year high of $129.70. The company has a fifty day simple moving average of $106.52 and a two-hundred day simple moving average of $99.57. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.86 and a current ratio of 1.77. The company has a market cap of $8.14 billion, a P/E ratio of 13.49, a PEG ratio of 1.84 and a beta of 1.43.

Oshkosh (NYSE:OSK - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $1.92 earnings per share for the quarter, missing the consensus estimate of $2.02 by ($0.10). The business had revenue of $2.31 billion during the quarter, compared to analysts' expectations of $2.42 billion. Oshkosh had a return on equity of 17.22% and a net margin of 5.84%. The business's quarterly revenue was down 9.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.89 earnings per share. Equities analysts predict that Oshkosh Corporation will post 10.96 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date was Friday, May 16th. Oshkosh's dividend payout ratio (DPR) is currently 21.79%.

Analyst Ratings Changes

A number of research firms have recently weighed in on OSK. JPMorgan Chase & Co. upped their target price on shares of Oshkosh from $92.00 to $106.00 and gave the stock a "neutral" rating in a research report on Friday, June 6th. KeyCorp reduced their target price on shares of Oshkosh from $132.00 to $120.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Citigroup reaffirmed a "buy" rating and issued a $130.00 target price (up from $125.00) on shares of Oshkosh in a research report on Tuesday, June 24th. The Goldman Sachs Group raised shares of Oshkosh from a "neutral" rating to a "buy" rating and upped their target price for the stock from $124.00 to $131.00 in a research report on Tuesday, July 1st. Finally, Jefferies Financial Group reaffirmed a "hold" rating on shares of Oshkosh in a research report on Friday, June 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $125.29.

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.