NBC Securities Inc. Increases Position in Oshkosh Co. (NYSE:OSK)

NBC Securities Inc. grew its stake in Oshkosh Co. (NYSE:OSK - Free Report) by 113,820.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,696 shares of the company's stock after acquiring an additional 5,691 shares during the quarter. NBC Securities Inc.'s holdings in Oshkosh were worth $535,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Synovus Financial Corp grew its stake in Oshkosh by 0.4% during the 4th quarter. Synovus Financial Corp now owns 30,357 shares of the company's stock worth $2,886,000 after buying an additional 106 shares during the last quarter. Coppell Advisory Solutions LLC grew its stake in Oshkosh by 52.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock worth $30,000 after buying an additional 110 shares during the last quarter. Captrust Financial Advisors grew its stake in Oshkosh by 3.9% during the 4th quarter. Captrust Financial Advisors now owns 3,259 shares of the company's stock worth $310,000 after buying an additional 122 shares during the last quarter. Parallel Advisors LLC grew its stake in Oshkosh by 91.4% during the 1st quarter. Parallel Advisors LLC now owns 266 shares of the company's stock worth $25,000 after buying an additional 127 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in Oshkosh by 108.7% during the 4th quarter. Blue Trust Inc. now owns 265 shares of the company's stock worth $27,000 after buying an additional 138 shares during the last quarter. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on OSK shares. JPMorgan Chase & Co. boosted their target price on Oshkosh from $92.00 to $106.00 and gave the stock a "neutral" rating in a research note on Friday. Morgan Stanley dropped their target price on Oshkosh from $110.00 to $91.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. KeyCorp dropped their target price on Oshkosh from $132.00 to $120.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Evercore ISI boosted 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. Finally, Truist Financial upgraded Oshkosh from a "hold" rating to a "buy" rating and boosted their price target for the company from $93.00 to $127.00 in a research note on Tuesday. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Oshkosh currently has an average rating of "Hold" and a consensus price target of $120.29.

Oshkosh Stock Performance

Shares of OSK stock traded down $0.19 on Friday, hitting $109.42. The company had a trading volume of 1,266,798 shares, compared to its average volume of 648,357. The firm has a market cap of $7.04 billion, a P/E ratio of 10.57, a price-to-earnings-growth ratio of 1.45 and a beta of 1.41. The company has a 50-day moving average price of $92.27 and a 200-day moving average price of $97.99. 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 twelve month low of $76.82 and a twelve month high of $118.39.

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). The company 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 quarterly revenue was down 9.1% compared to the same quarter last year. During the same period last year, the firm earned $2.89 EPS. As a group, equities research analysts predict that Oshkosh Co. will post 10.96 earnings per share for the current fiscal 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 issued a $0.51 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $2.04 annualized dividend and a dividend yield of 1.86%. Oshkosh's dividend payout ratio (DPR) is presently 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.