HighTower Advisors LLC Increases Stake in Oshkosh Corporation $OSK

Key Points

• HighTower Advisors increased its Oshkosh stake by 11.2% in the second quarter, bringing its holdings to 127,908 shares worth approximately $19.6 million. Institutional investors collectively own 92.36% of the company.
• Oshkosh reported quarterly EPS of $2.87, exceeding the $2.63 analyst consensus, while revenue rose 6.7% year over year to $2.92 billion. The company issued fiscal 2026 guidance of $11.00 EPS.
• The stock recently traded at $153.72, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $170.71; Oshkosh also pays a quarterly dividend of $0.57 per share, yielding about 1.5%.

HighTower Advisors LLC increased its position in shares of Oshkosh Corporation (NYSE:OSK - Free Report) by 11.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 127,908 shares of the company's stock after buying an additional 12,872 shares during the period. HighTower Advisors LLC owned about 0.21% of Oshkosh worth $19,631,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Tower View Wealth Management LLC acquired a new position in Oshkosh during the 1st quarter worth approximately $29,000. Fiduciary Financial Advisors purchased a new stake in shares of Oshkosh during the 2nd quarter worth $38,000. Basepoint Wealth LLC acquired a new position in shares of Oshkosh during the fourth quarter worth $51,000. Global Retirement Partners LLC boosted its position in shares of Oshkosh by 284.9% during the 4th quarter. Global Retirement Partners LLC now owns 408 shares of the company's stock worth $51,000 after acquiring an additional 302 shares in the last quarter. Finally, Whittier Trust Co. increased its holdings in shares of Oshkosh by 33.7% in the 1st quarter. Whittier Trust Co. now owns 373 shares of the company's stock valued at $55,000 after acquiring an additional 94 shares during the last quarter. Institutional investors and hedge funds own 92.36% of the company's stock.

Oshkosh Price Performance

Shares of NYSE OSK opened at $153.72 on Wednesday. The stock has a market cap of $9.49 billion, a P/E ratio of 17.59, a P/E/G ratio of 1.16 and a beta of 1.27. Oshkosh Corporation has a twelve month low of $116.77 and a twelve month high of $180.49. The stock has a 50 day moving average of $150.21 and a two-hundred day moving average of $147.12. 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 announced its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.63 by $0.24. The business had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.80 billion. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The company's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period last year, the firm posted $3.41 earnings per share. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. On average, research analysts forecast that Oshkosh Corporation will post 10.72 earnings per share for the current year.

Oshkosh Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on OSK shares. Truist Financial raised their target price on Oshkosh from $176.00 to $190.00 and gave the stock a "buy" rating in a research report on Thursday, July 2nd. Wall Street Zen raised Oshkosh from a "hold" rating to a "buy" rating in a report on Saturday, August 22nd. JPMorgan Chase & Co. increased their price target on shares of Oshkosh from $145.00 to $150.00 and gave the company a "neutral" rating in a research note on Wednesday, July 29th. Morgan Stanley cut their price objective on shares of Oshkosh from $157.00 to $150.00 and set an "equal weight" rating on the stock in a report on Tuesday, May 12th. Finally, Weiss Ratings upgraded shares of Oshkosh from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, July 13th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Oshkosh has a consensus rating of "Moderate Buy" and a consensus 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.