GW Henssler & Associates Ltd. Makes New $13.85 Million Investment in Oshkosh Corporation $OSK

Key Points

• GW Henssler & Associates Ltd. made a new investment of $13.85 million in Oshkosh Corporation, acquiring 121,995 shares during the second quarter.
• Oshkosh reported a quarterly EPS of $3.41, surpassing analysts' expectations, with revenues of $2.73 billion despite a year-over-year decline of 4.0%.
• The company recently declared a quarterly dividend of $0.51 per share, reflecting an annualized yield of 1.6%.

GW Henssler & Associates Ltd. acquired a new position in Oshkosh Corporation (NYSE:OSK - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 121,995 shares of the company's stock, valued at approximately $13,851,000. GW Henssler & Associates Ltd. owned 0.19% of Oshkosh as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Oshkosh by 0.4% in the first quarter. Vanguard Group Inc. now owns 8,177,120 shares of the company's stock worth $769,303,000 after acquiring an additional 35,382 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Oshkosh by 15.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,672,423 shares of the company's stock valued at $251,417,000 after purchasing an additional 354,714 shares during the period. American Century Companies Inc. raised its position in shares of Oshkosh by 14.7% in the first quarter. American Century Companies Inc. now owns 2,328,880 shares of the company's stock valued at $219,101,000 after purchasing an additional 298,470 shares during the period. LSV Asset Management raised its position in shares of Oshkosh by 6.9% in the first quarter. LSV Asset Management now owns 1,726,606 shares of the company's stock valued at $162,439,000 after purchasing an additional 111,062 shares during the period. Finally, AQR Capital Management LLC raised its position in shares of Oshkosh by 267.3% in the first quarter. AQR Capital Management LLC now owns 1,363,556 shares of the company's stock valued at $126,224,000 after purchasing an additional 992,313 shares during the period. Institutional investors own 92.36% of the company's stock.

Oshkosh Stock Performance

Shares of OSK opened at $124.21 on Friday. The company has a market cap of $7.95 billion, a PE ratio of 12.47, a price-to-earnings-growth ratio of 1.54 and a beta of 1.47. The company has a current ratio of 1.84, a quick ratio of 0.92 and a debt-to-equity ratio of 0.25. The stock has a 50-day moving average price of $135.80 and a 200-day moving average price of $115.03. Oshkosh Corporation has a 12-month low of $76.82 and a 12-month high of $144.30.

Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly earnings results on Friday, August 1st. The company reported $3.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.98 by $0.43. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate 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 last year, the company posted $3.34 EPS. Oshkosh has set its FY 2025 guidance at 11.000-11.000 EPS. As a group, equities analysts forecast that Oshkosh Corporation will post 10.96 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Tuesday, August 19th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, August 19th. Oshkosh's payout ratio is currently 20.48%.

Insider Buying and Selling

In other Oshkosh news, SVP Anupam Khare sold 4,000 shares of the business's stock in a transaction that occurred on Friday, August 22nd. The shares were 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Bryan K. Brandt sold 1,732 shares of the business's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $140.37, for a total transaction of $243,120.84. Following the completion of the transaction, the chief marketing officer directly 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 disclosure for this sale can be found here. 0.55% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on OSK shares. DA Davidson set a $160.00 price target on shares of Oshkosh and gave the company a "buy" rating in a research report on Tuesday, August 5th. Truist Financial boosted their price target on shares of Oshkosh from $155.00 to $171.00 and gave the company a "buy" rating in a research report on Wednesday. Zacks Research lowered shares of Oshkosh from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 6th. Evercore ISI reissued an "outperform" rating on shares of Oshkosh in a research report on Tuesday, August 19th. Finally, Wall Street Zen lowered shares of Oshkosh from a "buy" rating to a "hold" rating in a report on Sunday, September 21st. Ten research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $144.25.

Oshkosh 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.