Oshkosh Co. (NYSE:OSK) Shares Purchased by Tidal Investments LLC

Tidal Investments LLC boosted its holdings in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 25.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,564 shares of the company's stock after acquiring an additional 2,723 shares during the period. Tidal Investments LLC's holdings in Oshkosh were worth $1,290,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in OSK. Barclays PLC grew its stake in shares of Oshkosh by 40.9% in the 3rd quarter. Barclays PLC now owns 111,710 shares of the company's stock valued at $11,192,000 after buying an additional 32,435 shares during the period. Merit Financial Group LLC grew its stake in shares of Oshkosh by 6.9% in the 4th quarter. Merit Financial Group LLC now owns 4,040 shares of the company's stock valued at $384,000 after buying an additional 259 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of Oshkosh by 8.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 34,053 shares of the company's stock valued at $3,237,000 after buying an additional 2,629 shares during the period. Tributary Capital Management LLC grew its stake in shares of Oshkosh by 46.6% in the 4th quarter. Tributary Capital Management LLC now owns 6,715 shares of the company's stock valued at $638,000 after buying an additional 2,133 shares during the period. Finally, Stablepoint Partners LLC grew its stake in shares of Oshkosh by 5.4% in the 4th quarter. Stablepoint Partners LLC now owns 21,542 shares of the company's stock valued at $2,048,000 after buying an additional 1,101 shares during the period. Hedge funds and other institutional investors own 92.36% of the company's stock.

Oshkosh Stock Down 1.0%

Oshkosh stock traded down $0.98 during mid-day trading on Wednesday, reaching $100.08. 426,804 shares of the company's stock were exchanged, compared to its average volume of 627,324. The company has a market cap of $6.44 billion, a P/E ratio of 9.67, a P/E/G ratio of 1.45 and a beta of 1.37. Oshkosh Co. has a twelve month low of $76.82 and a twelve month high of $118.39. The company has a quick ratio of 0.76, a current ratio of 1.51 and a debt-to-equity ratio of 0.14. The company has a fifty day moving average of $91.27 and a 200-day moving average of $98.33.

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

Oshkosh Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be paid a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $2.04 annualized dividend and a yield of 2.04%. Oshkosh's dividend payout ratio is currently 21.79%.

Analyst Ratings Changes

A number of research firms recently weighed in on OSK. KeyCorp lowered their price objective on shares of Oshkosh from $132.00 to $120.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Bank of America increased their price objective on shares of Oshkosh from $95.00 to $110.00 and gave the stock an "underperform" rating in a research report on Monday, February 10th. UBS Group increased their price objective on shares of Oshkosh from $99.00 to $119.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. The Goldman Sachs Group lowered their price objective on shares of Oshkosh from $135.00 to $116.00 and set a "neutral" rating for the company in a research report on Wednesday, March 19th. Finally, Morgan Stanley lowered their price objective on shares of Oshkosh from $110.00 to $91.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Oshkosh presently has an average rating of "Moderate Buy" and an average price target of $114.93.

Oshkosh 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.