Oshkosh Co. (NYSE:OSK) Shares Sold by North Star Asset Management Inc.

North Star Asset Management Inc. lessened its holdings in Oshkosh Co. (NYSE:OSK - Free Report) by 29.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 44,945 shares of the company's stock after selling 18,534 shares during the period. North Star Asset Management Inc. owned 0.07% of Oshkosh worth $4,273,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of OSK. Barclays PLC boosted its stake in Oshkosh by 40.9% in the 3rd quarter. Barclays PLC now owns 111,710 shares of the company's stock worth $11,192,000 after purchasing an additional 32,435 shares during the period. Semanteon Capital Management LP increased its holdings in Oshkosh by 29.1% in the 4th quarter. Semanteon Capital Management LP now owns 14,820 shares of the company's stock valued at $1,409,000 after acquiring an additional 3,342 shares during the last quarter. Entropy Technologies LP lifted its stake in Oshkosh by 29.0% in the 4th quarter. Entropy Technologies LP now owns 20,018 shares of the company's stock worth $1,903,000 after purchasing an additional 4,498 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Oshkosh by 181.7% during the 4th quarter. State of Alaska Department of Revenue now owns 21,420 shares of the company's stock valued at $2,035,000 after purchasing an additional 13,815 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. purchased a new position in shares of Oshkosh during the fourth quarter valued at about $23,285,000. Hedge funds and other institutional investors own 92.36% of the company's stock.

Oshkosh Stock Performance

Shares of Oshkosh stock traded down $0.98 during midday trading on Wednesday, hitting $100.08. The company had a trading volume of 426,804 shares, compared to its average volume of 627,324. The company has a fifty day simple moving average of $91.27 and a 200 day simple moving average of $98.33. The stock has a market cap of $6.44 billion, a price-to-earnings ratio of 9.67, a PEG ratio of 1.45 and a beta of 1.37. The company has a quick ratio of 0.76, a current ratio of 1.51 and a debt-to-equity ratio of 0.14. Oshkosh Co. has a 12-month low of $76.82 and a 12-month high of $118.39.

Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $1.92 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.02 by ($0.10). Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.42 billion. During the same quarter in the previous year, the company posted $2.89 EPS. The company's revenue for the quarter was down 9.1% compared to the same quarter last year. As a group, analysts predict that Oshkosh Co. will post 10.96 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be paid a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $2.04 annualized dividend and a yield of 2.04%. Oshkosh's payout ratio is presently 21.79%.

Wall Street Analyst Weigh In

Several equities analysts have commented on OSK shares. Morgan Stanley lowered their price objective on shares of Oshkosh from $110.00 to $91.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 16th. Citigroup restated a "buy" rating and set a $105.00 price target (up previously from $95.00) on shares of Oshkosh in a report on Tuesday, May 6th. KeyCorp lowered their price target on Oshkosh from $132.00 to $120.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. The Goldman Sachs Group dropped their price target on shares of Oshkosh from $135.00 to $116.00 and set a "neutral" rating for the company in a research note on Wednesday, March 19th. Finally, DA Davidson dropped their price objective on Oshkosh from $120.00 to $111.00 and set a "buy" rating for the company in a report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $114.93.

Oshkosh 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.