Simon Quick Advisors LLC Takes Position in Oshkosh Co. (NYSE:OSK)

Simon Quick Advisors LLC acquired a new position in Oshkosh Co. (NYSE:OSK - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,808 shares of the company's stock, valued at approximately $264,000.

Other large investors also recently bought and sold shares of the company. Parallel Advisors LLC lifted its stake in Oshkosh by 91.4% in the 1st quarter. Parallel Advisors LLC now owns 266 shares of the company's stock worth $25,000 after purchasing an additional 127 shares in the last quarter. Blue Trust Inc. lifted its position in Oshkosh by 108.7% during 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. CX Institutional acquired a new position in Oshkosh during the first quarter worth $28,000. Coppell Advisory Solutions LLC grew its holdings in Oshkosh by 52.1% in the 4th quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock valued at $30,000 after buying an additional 110 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Oshkosh in the 4th quarter worth $34,000. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on OSK. Bank of America upped their price objective on shares of Oshkosh from $90.00 to $103.00 and gave the company an "underperform" rating in a report on Friday, June 6th. Evercore ISI increased their price target 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. Citigroup restated an "underperform" rating on shares of Oshkosh in a report on Friday, June 6th. Robert W. Baird lifted their price target on shares of Oshkosh from $135.00 to $169.00 and gave the company an "outperform" rating in a research report on Friday, June 6th. Finally, Jefferies Financial Group reiterated a "hold" rating on shares of Oshkosh in a research report on Friday, June 6th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $120.29.

Oshkosh Trading Up 0.4%

Shares of OSK traded up $0.47 during midday trading on Monday, hitting $111.45. 583,532 shares of the stock were exchanged, compared to its average volume of 655,169. Oshkosh Co. has a 52-week low of $76.82 and a 52-week 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. The stock has a fifty day simple moving average of $94.86 and a 200 day simple moving average of $97.77. The firm has a market cap of $7.17 billion, a P/E ratio of 10.77, a P/E/G ratio of 1.45 and a beta of 1.41.

Oshkosh (NYSE:OSK - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $1.92 EPS for the quarter, missing analysts' consensus estimates of $2.02 by ($0.10). The firm had revenue of $2.31 billion for the quarter, compared to analysts' expectations 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 quarter last year, the business earned $2.89 earnings per share. On average, research analysts anticipate that Oshkosh Co. will post 10.96 EPS for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend was Friday, May 16th. Oshkosh's dividend payout ratio (DPR) is currently 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.