Integrated Wealth Concepts LLC Boosts Position in Oshkosh Corporation $OSK

Key Points

• Integrated Wealth Concepts increased its Oshkosh position by 40% in the second quarter, holding 35,284 shares valued at approximately $5.4 million. Institutional investors collectively own 92.36% of the company.
• Oshkosh reported quarterly earnings of $2.87 per share, exceeding the $2.63 consensus estimate, while revenue reached $2.92 billion, up 6.7% year over year. The company also maintains a quarterly dividend of $0.57, yielding about 1.6% annually.
• Analysts remain broadly positive, with 11 Buy ratings and six Holds, producing a “Moderate Buy” consensus and an average price target of $170.71, compared with the reported share price of $146.11.

Integrated Wealth Concepts LLC raised its holdings in shares of Oshkosh Corporation (NYSE:OSK - Free Report) by 40.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,284 shares of the company's stock after buying an additional 10,074 shares during the period. Integrated Wealth Concepts LLC owned about 0.06% of Oshkosh worth $5,415,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Tower View Wealth Management LLC purchased a new position in shares of Oshkosh in the 1st quarter valued at $29,000. Fiduciary Financial Advisors purchased a new stake in Oshkosh during the 2nd quarter worth $38,000. Basepoint Wealth LLC acquired a new stake in Oshkosh in the 4th quarter valued at $51,000. Global Retirement Partners LLC increased its holdings in Oshkosh by 284.9% in the 4th quarter. Global Retirement Partners LLC now owns 408 shares of the company's stock valued at $51,000 after purchasing an additional 302 shares in the last quarter. Finally, Whittier Trust Co. raised its position in Oshkosh by 33.7% in the first quarter. Whittier Trust Co. now owns 373 shares of the company's stock valued at $55,000 after purchasing an additional 94 shares during the period. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Oshkosh Stock Down 1.1%

Shares of Oshkosh stock opened at $146.11 on Friday. Oshkosh Corporation has a 1-year low of $116.77 and a 1-year high of $180.49. The company has a market capitalization of $9.02 billion, a PE ratio of 16.72, a P/E/G ratio of 1.09 and a beta of 1.27. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.72 and a quick ratio of 0.96. The business has a 50-day moving average of $150.53 and a 200-day moving average of $146.78.

Oshkosh (NYSE:OSK - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, topping the consensus estimate of $2.63 by $0.24. The business had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $2.80 billion. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.The company's revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.41 earnings per share. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. As a group, equities analysts forecast that Oshkosh Corporation will post 10.72 EPS for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were given a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, August 13th. Oshkosh's dividend payout ratio is presently 26.09%.

Wall Street Analyst Weigh In

OSK has been the subject of several analyst reports. Barclays upped their target price on Oshkosh from $150.00 to $170.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Robert W. Baird raised their target price on Oshkosh from $172.00 to $180.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Zacks Research raised Oshkosh from a "strong sell" rating to a "hold" rating in a research report on Friday, August 21st. DA Davidson increased their price objective on shares of Oshkosh from $168.00 to $176.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Finally, Truist Financial lifted their price objective on shares of Oshkosh from $176.00 to $190.00 and gave the company a "buy" rating in a research note on Thursday, July 2nd. Eleven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $170.71.

About Oshkosh

Oshkosh Corporation NYSE: OSK is a manufacturer of specialty vehicles and equipment headquartered in Oshkosh, Wisconsin. Founded in 1917, the company serves commercial, government and municipal customers in markets that require purpose-built vehicles for demanding operating environments.

Oshkosh operates through businesses focused on access equipment, defense, fire apparatus and vocational vehicles. Its products include aerial work platforms and other equipment used in construction and industrial applications; tactical vehicles, trailers and related systems for defense and security customers; fire trucks, airport rescue vehicles and emergency response equipment; and vocational vehicles for refuse collection, concrete placement, snow removal and other specialized tasks.

The company serves customers in North America and international markets through a combination of manufacturing operations, dealerships, distributors and direct sales.

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