The Manufacturers Life Insurance Company Takes Position in Oshkosh Corporation $OSK

The Manufacturers Life Insurance Company bought a new stake in Oshkosh Corporation (NYSE:OSK - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 42,924 shares of the company's stock, valued at approximately $6,588,000. The Manufacturers Life Insurance Company owned approximately 0.07% of Oshkosh at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Thrivent Financial for Lutherans lifted its holdings in shares of Oshkosh by 1,945.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company's stock worth $53,468,000 after purchasing an additional 404,788 shares in the last quarter. Y Intercept Hong Kong Ltd increased its stake in Oshkosh by 84.7% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 54,593 shares of the company's stock valued at $8,037,000 after purchasing an additional 25,037 shares in the last quarter. California State Teachers Retirement System raised its holdings in Oshkosh by 21.9% during the first quarter. California State Teachers Retirement System now owns 74,153 shares of the company's stock worth $10,916,000 after buying an additional 13,344 shares during the last quarter. LSV Asset Management raised its holdings in Oshkosh by 0.9% during the fourth quarter. LSV Asset Management now owns 1,913,769 shares of the company's stock worth $240,427,000 after buying an additional 17,944 shares during the last quarter. Finally, Paralel Advisors LLC bought a new position in shares of Oshkosh in the second quarter valued at $2,409,000. 92.36% of the stock is owned by institutional investors and hedge funds.

Oshkosh Stock Up 0.3%

Shares of NYSE:OSK opened at $154.37 on Monday. The company has a market capitalization of $9.53 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 0.94 and a beta of 1.25. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.72 and a quick ratio of 0.96. The business has a fifty day moving average price of $149.34 and a two-hundred day moving average price of $147.97. Oshkosh Corporation has a 1 year low of $116.77 and a 1 year high of $180.49.

Oshkosh (NYSE:OSK - Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, topping analysts' consensus estimates of $2.63 by $0.24. The company had revenue of $2.92 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the previous year, the business posted $3.41 EPS. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Analysts forecast that Oshkosh Corporation will post 10.72 earnings per share for the current year.

Oshkosh Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Thursday, August 13th. Oshkosh's payout ratio is presently 26.09%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Morgan Stanley decreased their target price on shares of Oshkosh from $157.00 to $150.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 12th. DA Davidson lifted their price target on Oshkosh from $168.00 to $176.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Barclays boosted their price objective on Oshkosh from $150.00 to $170.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Evercore restated an "outperform" rating and issued a $181.00 target price on shares of Oshkosh in a report on Monday, May 11th. Finally, Weiss Ratings raised Oshkosh from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, July 13th. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $170.71.

Oshkosh Company Profile

Oshkosh Corporation NYSE: OSK is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company's offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.

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