Oshkosh Co. (NYSE:OSK) Shares Sold by Twinbeech Capital LP

Twinbeech Capital LP trimmed its position in Oshkosh Co. (NYSE:OSK - Free Report) by 63.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,100 shares of the company's stock after selling 33,757 shares during the period. Twinbeech Capital LP's holdings in Oshkosh were worth $1,816,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. boosted its holdings in Oshkosh by 108.7% in 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. Coppell Advisory Solutions LLC boosted its holdings in Oshkosh by 52.1% in 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. Hager Investment Management Services LLC purchased a new position in Oshkosh in the 4th quarter worth approximately $32,000. V Square Quantitative Management LLC lifted its stake in Oshkosh by 64.1% in the 4th quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock worth $38,000 after purchasing an additional 157 shares in the last quarter. Finally, Twin Tree Management LP purchased a new position in Oshkosh in the 4th quarter worth approximately $41,000. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Trading Up 2.8%

Shares of OSK stock traded up $2.70 during trading on Tuesday, hitting $100.44. 94,979 shares of the stock traded hands, compared to its average volume of 771,888. The firm has a market capitalization of $6.47 billion, a P/E ratio of 9.70, a price-to-earnings-growth ratio of 1.45 and a beta of 1.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76. The firm's fifty day moving average price is $91.20 and its 200-day moving average price is $98.31. Oshkosh Co. has a 52-week low of $76.82 and a 52-week high of $118.39.

Oshkosh (NYSE:OSK - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $1.92 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts' expectations of $2.42 billion. During the same period in the previous year, the firm posted $2.89 EPS. The firm's quarterly revenue was down 9.1% compared to the same quarter last year. As a group, research analysts forecast that Oshkosh Co. will post 10.96 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Friday, May 16th. Oshkosh's dividend payout ratio (DPR) is 21.79%.

Wall Street Analysts Forecast Growth

OSK has been the topic of a number of research reports. Citigroup reissued a "buy" rating and issued a $105.00 target price (up from $95.00) on shares of Oshkosh in a research note on Tuesday, May 6th. Raymond James raised their target price on shares of Oshkosh from $125.00 to $130.00 and gave the stock an "outperform" rating in a research note on Friday, January 31st. Evercore ISI raised their target price on shares of Oshkosh from $137.00 to $147.00 and gave the stock an "outperform" rating in a research note on Monday, May 19th. KeyCorp decreased their target price on shares of Oshkosh from $132.00 to $120.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Finally, Bank of America raised their target price on shares of Oshkosh from $95.00 to $110.00 and gave the stock an "underperform" rating in a research note on Monday, February 10th. One equities 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 company. According to data from MarketBeat, Oshkosh currently has an average rating of "Moderate Buy" and an average target price of $114.93.

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.