N.E.W. Advisory Services LLC Takes $1.24 Million Position in Oshkosh Corporation $OSK

Key Points

• N.E.W. Advisory Services LLC acquired 8,077 Oshkosh shares worth approximately $1.24 million, while institutional investors collectively own 92.36% of the company.
• Analyst views remain generally positive, with Oshkosh holding a “Moderate Buy” consensus rating and an average price target of $171.33; targets range from $150 to $176.
• Oshkosh exceeded quarterly earnings and revenue expectations, reporting $2.87 in EPS on $2.92 billion in revenue, and declared a quarterly dividend of $0.57 per share, yielding about 1.5% annually.

N.E.W. Advisory Services LLC acquired a new position in shares of Oshkosh Corporation (NYSE:OSK - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 8,077 shares of the company's stock, valued at approximately $1,240,000.

Other institutional investors also recently bought and sold shares of the company. Annex Advisory Services LLC boosted its position in shares of Oshkosh by 2.8% in the 2nd quarter. Annex Advisory Services LLC now owns 2,967 shares of the company's stock worth $455,000 after purchasing an additional 80 shares in the last quarter. World Investment Advisors raised its stake in Oshkosh by 4.7% in the first quarter. World Investment Advisors now owns 1,809 shares of the company's stock valued at $266,000 after buying an additional 82 shares during the last quarter. IFP Advisors Inc raised its stake in Oshkosh by 11.7% in the fourth quarter. IFP Advisors Inc now owns 838 shares of the company's stock valued at $105,000 after buying an additional 88 shares during the last quarter. Waverly Advisors LLC grew its stake in shares of Oshkosh by 0.5% during the first quarter. Waverly Advisors LLC now owns 18,595 shares of the company's stock worth $2,737,000 after acquiring an additional 90 shares during the last quarter. Finally, Personal CFO Solutions LLC grew its stake in shares of Oshkosh by 4.8% during the first quarter. Personal CFO Solutions LLC now owns 1,992 shares of the company's stock worth $293,000 after acquiring an additional 92 shares during the last quarter. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on OSK shares. Zacks Research lowered shares of Oshkosh from a "hold" rating to a "strong sell" rating in a research note on Thursday, July 23rd. Morgan Stanley dropped 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. Weiss Ratings raised Oshkosh from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, July 13th. JPMorgan Chase & Co. raised their target price on Oshkosh from $145.00 to $150.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 29th. Finally, DA Davidson boosted their price target on Oshkosh from $168.00 to $176.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Oshkosh has an average rating of "Moderate Buy" and an average target price of $171.33.

Oshkosh Trading Up 0.0%

Shares of OSK stock opened at $152.96 on Monday. Oshkosh Corporation has a 1-year low of $116.77 and a 1-year high of $180.49. The company has a market cap of $9.44 billion, a price-to-earnings ratio of 17.50, a PEG ratio of 0.94 and a beta of 1.25. 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 stock has a 50 day simple moving average of $145.57 and a 200-day simple moving average of $148.17.

Oshkosh (NYSE:OSK - Get Free Report) last issued 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 company had revenue of $2.92 billion during 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 firm's revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.41 EPS. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. On average, equities research analysts expect that Oshkosh Corporation will post 10.72 EPS for the current fiscal year.

Oshkosh Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be paid a $0.57 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $2.28 dividend on an annualized basis and a yield of 1.5%. Oshkosh's dividend payout ratio (DPR) is currently 26.09%.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source