North Star Asset Management Inc. Has $4.27 Million Position in Oshkosh Co. (NYSE:OSK)

North Star Asset Management Inc. decreased its position in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 29.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,945 shares of the company's stock after selling 18,534 shares during the quarter. North Star Asset Management Inc. owned about 0.07% of Oshkosh worth $4,273,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Oshkosh by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 8,141,738 shares of the company's stock worth $774,035,000 after purchasing an additional 176,400 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Oshkosh by 9.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,317,709 shares of the company's stock worth $220,342,000 after buying an additional 206,377 shares during the period. American Century Companies Inc. raised its position in Oshkosh by 23.3% in the 4th quarter. American Century Companies Inc. now owns 2,030,410 shares of the company's stock valued at $193,031,000 after buying an additional 384,141 shares during the last quarter. FMR LLC raised its holdings in shares of Oshkosh by 13.0% in the fourth quarter. FMR LLC now owns 1,383,558 shares of the company's stock valued at $131,535,000 after purchasing an additional 159,667 shares during the last quarter. Finally, Invesco Ltd. increased its stake in Oshkosh by 2.3% in the 4th quarter. Invesco Ltd. now owns 1,243,561 shares of the company's stock valued at $118,225,000 after buying an additional 27,659 shares during the last quarter. Institutional investors own 92.36% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. DA Davidson lowered their target price on Oshkosh from $120.00 to $111.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. KeyCorp lowered their target price on shares of Oshkosh from $132.00 to $120.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Raymond James boosted their target price on shares of Oshkosh from $125.00 to $130.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Bank of America boosted their price objective on shares of Oshkosh from $95.00 to $110.00 and gave the stock an "underperform" rating in a research note on Monday, February 10th. Finally, Morgan Stanley lowered their price objective on shares of Oshkosh from $110.00 to $91.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $114.93.

Oshkosh Stock Performance

Shares of OSK stock traded up $0.15 on Thursday, hitting $100.21. The company's stock had a trading volume of 176,633 shares, compared to its average volume of 626,398. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 1.51. The stock's 50 day moving average is $91.35 and its 200-day moving average is $98.34. Oshkosh Co. has a fifty-two week low of $76.82 and a fifty-two week high of $118.39. The company has a market capitalization of $6.45 billion, a PE ratio of 9.70, a PEG ratio of 1.45 and a beta of 1.37.

Oshkosh (NYSE:OSK - Get Free Report) last announced its 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 return on equity of 19.31% and a net margin of 6.34%. The business 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 earned $2.89 EPS. The business's revenue for the quarter was down 9.1% on a year-over-year basis. Equities research analysts expect that Oshkosh Co. will post 10.96 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

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

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.