Oshkosh Co. (NYSE:OSK) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC lifted its stake in Oshkosh Co. (NYSE:OSK - Free Report) by 10,320.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 61,999 shares of the company's stock after buying an additional 61,404 shares during the quarter. GAMMA Investing LLC owned approximately 0.10% of Oshkosh worth $5,833,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Blue Trust Inc. lifted its holdings in shares of Oshkosh by 108.7% in the fourth quarter. Blue Trust Inc. now owns 265 shares of the company's stock worth $27,000 after buying an additional 138 shares in the last quarter. Coppell Advisory Solutions LLC lifted its holdings in shares of Oshkosh by 52.1% in the fourth quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock worth $30,000 after buying an additional 110 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Oshkosh in the fourth quarter worth $34,000. V Square Quantitative Management LLC lifted its holdings in shares of Oshkosh by 64.1% in the fourth quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock worth $38,000 after buying an additional 157 shares in the last quarter. Finally, Twin Tree Management LP bought a new stake in Oshkosh in the fourth quarter worth $41,000. Hedge funds and other institutional investors own 92.36% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on OSK shares. KeyCorp reduced their price target on shares of Oshkosh from $132.00 to $120.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Citigroup restated an "underperform" rating on shares of Oshkosh in a research report on Friday, June 6th. Truist Financial upgraded shares of Oshkosh from a "hold" rating to a "buy" rating and boosted their price target for the stock from $93.00 to $127.00 in a research report on Tuesday, June 3rd. The Goldman Sachs Group reduced their price target on shares of Oshkosh from $135.00 to $116.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 19th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Oshkosh from $92.00 to $106.00 and gave the company a "neutral" rating in a research report on Friday, June 6th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, Oshkosh has an average rating of "Hold" and a consensus price target of $120.29.

Oshkosh Trading Down 0.4%

OSK traded down $0.41 on Friday, hitting $110.87. The company had a trading volume of 746,806 shares, compared to its average volume of 654,906. The firm has a market cap of $7.14 billion, a P/E ratio of 10.71, a PEG ratio of 1.45 and a beta of 1.41. Oshkosh Co. has a 1 year low of $76.82 and a 1 year high of $118.39. The company's fifty day moving average price is $94.22 and its 200 day moving average price is $98.00. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14.

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

Oshkosh Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date of this dividend was Friday, May 16th. Oshkosh's dividend payout ratio is presently 21.79%.

About Oshkosh

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.