Hussman Strategic Advisors Inc. Buys New Shares in Oshkosh Corporation $OSK

Key Points

• Hussman Strategic Advisors bought a new stake of 10,500 shares (about $1.32M) in Oshkosh in Q4, and institutional investors now own 92.36% of the company.
• Oshkosh reported $2.26 EPS (missing estimates by $0.07) while revenue of $2.69B beat estimates; the quarter showed a 6.21% net margin and 15.69% ROE, and analysts project roughly 11.14 EPS for the fiscal year.
• The stock trades near $155 with a market cap of ~$9.7B, P/E of 15.5 and PEG of 0.8, and Wall Street labels it a "Moderate Buy" (12 Buys, 7 Holds) with an average price target of $165.56.

Hussman Strategic Advisors Inc. bought a new stake in shares of Oshkosh Corporation (NYSE:OSK - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 10,500 shares of the company's stock, valued at approximately $1,319,000.

Several other large investors have also recently bought and sold shares of the stock. HB Wealth Management LLC raised its stake in shares of Oshkosh by 4.1% in the 4th quarter. HB Wealth Management LLC now owns 2,502 shares of the company's stock valued at $314,000 after buying an additional 98 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Oshkosh by 6.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,763 shares of the company's stock valued at $200,000 after buying an additional 100 shares in the last quarter. First Business Financial Services Inc. raised its stake in shares of Oshkosh by 0.9% in the 3rd quarter. First Business Financial Services Inc. now owns 11,845 shares of the company's stock valued at $1,536,000 after buying an additional 103 shares in the last quarter. New Wave Wealth Advisors LLC raised its stake in shares of Oshkosh by 5.8% in the 4th quarter. New Wave Wealth Advisors LLC now owns 1,924 shares of the company's stock valued at $242,000 after buying an additional 106 shares in the last quarter. Finally, Burns Matteson Capital Management LLC raised its stake in shares of Oshkosh by 3.6% in the 4th quarter. Burns Matteson Capital Management LLC now owns 3,779 shares of the company's stock valued at $475,000 after buying an additional 133 shares in the last quarter. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Trading Up 0.0%

OSK opened at $155.30 on Monday. The company has a current ratio of 1.94, a quick ratio of 1.05 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $9.73 billion, a PE ratio of 15.50, a PEG ratio of 0.80 and a beta of 1.33. Oshkosh Corporation has a 1-year low of $87.54 and a 1-year high of $180.49. The firm has a 50-day moving average price of $153.13 and a two-hundred day moving average price of $143.91.

Oshkosh (NYSE:OSK - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The company reported $2.26 earnings per share for the quarter, missing the consensus estimate of $2.33 by ($0.07). The company had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.60 billion. Oshkosh had a net margin of 6.21% and a return on equity of 15.69%. The company's revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.58 EPS. As a group, equities analysts anticipate that Oshkosh Corporation will post 11.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

OSK has been the subject of a number of recent research reports. Truist Financial set a $183.00 price objective on shares of Oshkosh in a research note on Friday, January 30th. Raymond James Financial restated an "outperform" rating and issued a $175.00 price objective on shares of Oshkosh in a research note on Monday, March 2nd. DA Davidson increased their price objective on shares of Oshkosh from $160.00 to $168.00 and gave the company a "buy" rating in a research note on Monday, February 2nd. Weiss Ratings restated a "buy (b-)" rating on shares of Oshkosh in a research note on Tuesday, April 21st. Finally, Morgan Stanley increased their price objective on shares of Oshkosh from $144.00 to $157.00 and gave the company an "equal weight" rating in a research note on Monday, April 6th. Twelve research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat, Oshkosh presently has an average rating of "Moderate Buy" and an average price target of $165.56.

Insiders Place Their Bets

In other Oshkosh news, SVP Anupam Khare sold 4,000 shares of the firm's stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $169.07, for a total value of $676,280.00. Following the completion of the sale, the senior vice president owned 13,577 shares in the company, valued at approximately $2,295,463.39. This trade represents a 22.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.64% of the company's stock.

Oshkosh Company Profile

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.

Want to see what other hedge funds are holding OSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oshkosh Corporation (NYSE:OSK - Free Report).

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.