Oshkosh Co. (NYSE:OSK) Shares Bought by Squarepoint Ops LLC

Squarepoint Ops LLC raised its position in Oshkosh Co. (NYSE:OSK - Free Report) by 23.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 231,640 shares of the company's stock after purchasing an additional 43,749 shares during the period. Squarepoint Ops LLC owned about 0.36% of Oshkosh worth $22,022,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in OSK. Blue Trust Inc. lifted its holdings in Oshkosh by 108.7% in the 4th quarter. Blue Trust Inc. now owns 265 shares of the company's stock valued at $27,000 after purchasing an additional 138 shares in the last quarter. Coppell Advisory Solutions LLC increased its stake in shares of Oshkosh by 52.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock valued at $30,000 after acquiring an additional 110 shares during the last quarter. Hager Investment Management Services LLC acquired a new position in shares of Oshkosh during the 4th quarter valued at about $32,000. Proficio Capital Partners LLC acquired a new position in shares of Oshkosh during the 4th quarter valued at about $34,000. Finally, V Square Quantitative Management LLC increased its stake in shares of Oshkosh by 64.1% during the 4th quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock valued at $38,000 after acquiring an additional 157 shares during the last quarter. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Oshkosh Trading Up 2.8%

OSK traded up $2.70 on Tuesday, reaching $100.44. 94,979 shares of the company's stock were exchanged, compared to its average volume of 771,888. The company's 50 day moving average is $91.20 and its 200-day moving average is $98.31. The company has a market cap of $6.47 billion, a price-to-earnings ratio of 9.70, a PEG ratio of 1.45 and a beta of 1.37. Oshkosh Co. has a twelve month low of $76.82 and a twelve month high of $118.39. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 1.51.

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

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be given a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 2.03%. The ex-dividend date is Friday, May 16th. Oshkosh's dividend payout ratio (DPR) is 21.79%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Evercore ISI upped their price objective on shares of Oshkosh from $137.00 to $147.00 and gave the company an "outperform" rating in a research note on Monday, May 19th. KeyCorp dropped their price objective on shares of Oshkosh from $132.00 to $120.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Citigroup reaffirmed a "buy" rating and set a $105.00 price objective (up previously from $95.00) on shares of Oshkosh in a research note on Tuesday, May 6th. Truist Financial dropped their price objective on shares of Oshkosh from $94.00 to $93.00 and set a "hold" rating for the company in a research note on Thursday, May 1st. Finally, The Goldman Sachs Group dropped their price objective 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. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price 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.