Oshkosh Corporation $OSK Shares Newly Purchased by Vest Financial LLC

Key Points

• Vest Financial LLC acquired 12,824 Oshkosh shares worth approximately $1.65 million during the third quarter. Institutional investors collectively own 92.36% of the company.
• Oshkosh reported quarterly EPS of $2.87, exceeding the $2.63 analyst consensus, while revenue rose 6.7% year over year to $2.92 billion. The company also maintains a quarterly dividend of $0.57, yielding about 1.7% annually.
• Analyst sentiment remains a “Moderate Buy,” with a consensus price target of $165.79, although recent ratings included downgrades and target-price reductions. Shares opened at $131.57, down from their 12-month high of $180.49.

Vest Financial LLC acquired a new position in Oshkosh Corporation (NYSE:OSK - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 12,824 shares of the company's stock, valued at approximately $1,652,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of OSK. BlackRock Inc. purchased a new stake in Oshkosh during the 2nd quarter valued at about $913,816,000. Dimensional Fund Advisors LP grew its position in Oshkosh by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,051,511 shares of the company's stock worth $449,166,000 after acquiring an additional 46,306 shares during the last quarter. First Trust Advisors LP increased its stake in Oshkosh by 6.3% in the 1st quarter. First Trust Advisors LP now owns 1,290,424 shares of the company's stock worth $189,963,000 after purchasing an additional 76,620 shares during the period. Bank of America Corp DE increased its stake in Oshkosh by 0.9% in the 1st quarter. Bank of America Corp DE now owns 978,610 shares of the company's stock worth $144,061,000 after purchasing an additional 8,531 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in Oshkosh in the 2nd quarter worth approximately $92,996,000. Institutional investors own 92.36% of the company's stock.

Insider Buying and Selling at Oshkosh

In related news, Director John Pfeifer sold 778 shares of the firm's stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $150.00, for a total transaction of $116,700.00. Following the completion of the transaction, the director owned 150,669 shares of the company's stock, valued at $22,600,350. This trade represents a 0.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by insiders.

Oshkosh Stock Down 2.0%

Shares of Oshkosh stock opened at $131.57 on Friday. The company has a current ratio of 1.72, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13. Oshkosh Corporation has a 12-month low of $116.77 and a 12-month high of $180.49. The company has a market cap of $8.12 billion, a P/E ratio of 15.05, a PEG ratio of 1.00 and a beta of 1.26. The company's fifty day simple moving average is $141.45 and its two-hundred day simple moving average is $142.43.

Oshkosh (NYSE:OSK - Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, topping analysts' consensus estimates of $2.63 by $0.24. The firm had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.80 billion. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%. The business's revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.41 EPS. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Research analysts anticipate that Oshkosh Corporation will post 10.54 EPS for the current year.

Oshkosh Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were paid a $0.57 dividend. The ex-dividend date was Thursday, August 13th. This represents a $2.28 annualized dividend and a dividend yield of 1.7%. Oshkosh's dividend payout ratio is presently 26.09%.

Analyst Ratings Changes

Several brokerages have weighed in on OSK. Zacks Research downgraded Oshkosh from a "hold" rating to a "strong sell" rating in a research report on Tuesday, October 13th. JPMorgan Chase & Co. decreased their target price on shares of Oshkosh from $150.00 to $132.00 and set a "neutral" rating on the stock in a research note on Thursday, October 8th. Robert W. Baird lifted their target price on shares of Oshkosh from $172.00 to $180.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. Barclays upped their price target on shares of Oshkosh from $150.00 to $170.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Finally, Citigroup dropped their price target on shares of Oshkosh from $155.00 to $135.00 and set a "neutral" rating for the company in a research report on Monday, October 12th. Eleven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Oshkosh currently has a consensus rating of "Moderate Buy" and a consensus target price of $165.79.

Oshkosh Company Profile

Oshkosh Corporation NYSE: OSK is a manufacturer of specialty vehicles, vehicle bodies and related equipment for commercial, government and industrial customers. The company serves markets that require purpose-built vehicles designed for demanding operating conditions, including defense, emergency response, construction, aviation support and municipal services.

Oshkosh's product portfolio includes military vehicles and systems, fire apparatus, airport rescue and firefighting vehicles, refuse collection vehicles, concrete mixers, snow and ice removal equipment, and other vocational trucks.

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