7,510 Shares in Oshkosh Co. (NYSE:OSK) Purchased by Gotham Asset Management LLC

Gotham Asset Management LLC acquired a new position in Oshkosh Co. (NYSE:OSK - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,510 shares of the company's stock, valued at approximately $714,000.

Other large investors have also recently bought and sold shares of the company. Blue Trust Inc. boosted its holdings in Oshkosh by 108.7% in the fourth quarter. Blue Trust Inc. now owns 265 shares of the company's stock worth $27,000 after purchasing an additional 138 shares in the last quarter. Coppell Advisory Solutions LLC boosted its holdings in Oshkosh by 52.1% in the fourth quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock worth $30,000 after purchasing an additional 110 shares in the last quarter. Hager Investment Management Services LLC bought a new stake in Oshkosh in the fourth quarter worth $32,000. Proficio Capital Partners LLC bought a new stake in Oshkosh in the fourth quarter worth $34,000. Finally, V Square Quantitative Management LLC boosted its holdings in Oshkosh by 64.1% in the fourth quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock worth $38,000 after purchasing an additional 157 shares in the last quarter. 92.36% of the stock is currently owned by institutional investors.

Oshkosh Stock Performance

Shares of OSK traded down $0.53 during trading hours on Friday, reaching $97.90. 603,099 shares of the company traded hands, compared to its average volume of 628,978. The stock's fifty day moving average is $91.19 and its 200 day moving average is $98.50. The stock has a market cap of $6.30 billion, a P/E ratio of 9.46, a price-to-earnings-growth ratio of 1.45 and a beta of 1.37. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 1.51. Oshkosh Co. has a 1-year low of $76.82 and a 1-year high of $118.39.

Oshkosh (NYSE:OSK - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $1.92 EPS for the quarter, missing analysts' consensus estimates of $2.02 by ($0.10). The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.42 billion. Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. The firm's quarterly revenue was down 9.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.89 EPS. Equities research analysts anticipate that Oshkosh Co. will post 10.96 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Friday, May 16th. Oshkosh's dividend payout ratio (DPR) is presently 21.79%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on OSK. Morgan Stanley decreased their price objective on shares of Oshkosh from $110.00 to $91.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Bank of America upped their price target on shares of Oshkosh from $95.00 to $110.00 and gave the company an "underperform" rating in a report on Monday, February 10th. UBS Group upped their price target on shares of Oshkosh from $99.00 to $119.00 and gave the company a "buy" rating in a report on Friday, May 16th. Truist Financial decreased their price target on shares of Oshkosh from $94.00 to $93.00 and set a "hold" rating for the company in a report on Thursday, May 1st. Finally, Robert W. Baird decreased their price target on shares of Oshkosh from $163.00 to $135.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $114.93.

Oshkosh Company Profile

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.