GAMMA Investing LLC Grows Stock Holdings in Oshkosh Co. (NYSE:OSK)

GAMMA Investing LLC boosted its position in Oshkosh Co. (NYSE:OSK - Free Report) by 10,320.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 61,999 shares of the company's stock after buying an additional 61,404 shares during the period. GAMMA Investing LLC owned approximately 0.10% of Oshkosh worth $5,833,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc boosted its position in Oshkosh by 64.7% in the 1st quarter. Versant Capital Management Inc now owns 817 shares of the company's stock worth $77,000 after purchasing an additional 321 shares in the last quarter. Kera Capital Partners Inc. purchased a new position in Oshkosh in the first quarter valued at $266,000. 111 Capital acquired a new position in shares of Oshkosh in the fourth quarter worth about $673,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Oshkosh by 3.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,184 shares of the company's stock worth $1,063,000 after acquiring an additional 368 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Oshkosh during the 4th quarter valued at about $5,421,000. Institutional investors and hedge funds own 92.36% of the company's stock.

Oshkosh Trading Down 0.6%

Shares of OSK stock traded down $0.63 during trading hours on Wednesday, hitting $110.84. The company had a trading volume of 725,597 shares, compared to its average volume of 653,695. The stock has a market capitalization of $7.14 billion, a PE ratio of 10.71, a price-to-earnings-growth ratio of 1.45 and a beta of 1.41. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76. Oshkosh Co. has a fifty-two week low of $76.82 and a fifty-two week high of $118.39. The company's fifty day moving average is $93.07 and its 200 day moving average is $97.93.

Oshkosh (NYSE:OSK - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $1.92 earnings per share for the quarter, missing analysts' consensus estimates of $2.02 by ($0.10). The company had revenue of $2.31 billion for the quarter, compared to analysts' expectations of $2.42 billion. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. The firm's revenue was down 9.1% compared to the same quarter last year. During the same period in the prior year, the company posted $2.89 EPS. 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 was paid on Friday, May 30th. Shareholders of record on Friday, May 16th were given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date was Friday, May 16th. Oshkosh's dividend payout ratio is currently 21.79%.

Wall Street Analysts Forecast Growth

OSK has been the subject of several research analyst reports. Evercore ISI upped their target price on Oshkosh from $137.00 to $147.00 and gave the stock an "outperform" rating in a research note on Monday, May 19th. DA Davidson decreased their price objective on shares of Oshkosh from $120.00 to $111.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. UBS Group upped their price target on shares of Oshkosh from $99.00 to $119.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Bank of America lifted their price target on Oshkosh from $90.00 to $103.00 and gave the stock an "underperform" rating in a research note on Friday, June 6th. Finally, Citigroup reaffirmed an "underperform" rating on shares of Oshkosh in a research note on Friday, June 6th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $120.29.

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.