Integrity Alliance LLC. Buys Shares of 2,401 Oshkosh Corporation $OSK

Key Points

• Integrity Alliance LLC. has purchased a new stake in Oshkosh Corporation, acquiring 2,401 shares valued at approximately $226,000 during the first quarter of the year.
• Oshkosh's latest earnings report beat analysts' expectations, with an EPS of $3.41 and revenue of $2.73 billion, although revenue decreased by 4.0% year-over-year.
• The company recently declared a quarterly dividend of $0.51 per share, translating to an annual yield of 1.5%, with a dividend payout ratio of 20.48%.

Integrity Alliance LLC. bought a new stake in shares of Oshkosh Corporation (NYSE:OSK - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,401 shares of the company's stock, valued at approximately $226,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kodai Capital Management LP purchased a new position in Oshkosh during the 1st quarter valued at about $7,077,000. Ieq Capital LLC purchased a new position in Oshkosh during the 1st quarter valued at about $7,682,000. Principal Financial Group Inc. grew its stake in shares of Oshkosh by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 149,716 shares of the company's stock valued at $14,085,000 after buying an additional 553 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of Oshkosh in the 1st quarter valued at approximately $263,000. Finally, Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of Oshkosh in the 1st quarter valued at approximately $7,611,000. Hedge funds and other institutional investors own 92.36% of the company's stock.

Oshkosh Stock Down 1.3%

Shares of OSK stock opened at $136.92 on Friday. Oshkosh Corporation has a 12 month low of $76.82 and a 12 month high of $144.30. The firm has a market cap of $8.76 billion, a PE ratio of 13.75, a price-to-earnings-growth ratio of 1.72 and a beta of 1.49. The stock has a 50 day moving average of $133.62 and a 200-day moving average of $110.31. The company has a quick ratio of 0.92, a current ratio of 1.84 and a debt-to-equity ratio of 0.25.

Oshkosh (NYSE:OSK - Get Free Report) last issued its earnings results on Friday, August 1st. The company reported $3.41 EPS for the quarter, beating analysts' consensus estimates of $2.98 by $0.43. The business had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.67 billion. Oshkosh had a return on equity of 16.70% and a net margin of 6.25%.Oshkosh's revenue was down 4.0% on a year-over-year basis. During the same period in the prior year, the company posted $3.34 earnings per share. Oshkosh has set its FY 2025 guidance at 11.000-11.000 EPS. On average, equities analysts predict that Oshkosh Corporation will post 10.96 EPS for the current year.

Oshkosh Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Tuesday, August 19th were given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Tuesday, August 19th. Oshkosh's dividend payout ratio is 20.48%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on OSK shares. Bank of America boosted their price target on Oshkosh from $90.00 to $103.00 and gave the company an "underperform" rating in a research note on Friday, June 6th. Citigroup reissued a "buy" rating and issued a $130.00 price target (up previously from $125.00) on shares of Oshkosh in a research note on Tuesday, June 24th. KeyCorp boosted their price target on Oshkosh from $140.00 to $180.00 and gave the company an "overweight" rating in a research note on Tuesday, August 26th. DA Davidson set a $160.00 target price on Oshkosh and gave the stock a "buy" rating in a report on Tuesday, August 5th. Finally, Robert W. Baird boosted their target price on Oshkosh from $169.00 to $188.00 and gave the stock an "outperform" rating in a report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $138.08.

Insiders Place Their Bets

In other news, CMO Bryan K. Brandt sold 1,732 shares of the stock in a transaction 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 sale, the chief marketing officer owned 10,459 shares in the company, valued at approximately $1,468,129.83. This represents a 14.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Anupam Khare sold 4,000 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $139.03, for a total value of $556,120.00. Following the sale, the senior vice president owned 13,716 shares in the company, valued at $1,906,935.48. The trade was a 22.58% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.55% of the company's stock.

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.

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