UBS Group AG Reduces Stock Holdings in Oshkosh Corporation $OSK

Key Points

• UBS Group AG trimmed its Oshkosh stake by 12.0% in Q4, selling 72,246 shares and leaving 530,795 shares worth about $66.68 million (≈0.84% of the company).
• Insider SVP Anupam Khare sold 4,000 shares on Feb. 27 at an average of $169.07 (≈$676,280), a 22.76% reduction in his position; insiders now own about 0.64% of OSK.
• Wall Street sentiment is mixed but positive overall: Oshkosh has a consensus rating of "Moderate Buy" with a $165.56 average price target, while analyst views and targets range widely (e.g., Wells Fargo $204 vs. JPMorgan $158).

UBS Group AG decreased its holdings in Oshkosh Corporation (NYSE:OSK - Free Report) by 12.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 530,795 shares of the company's stock after selling 72,246 shares during the quarter. UBS Group AG owned about 0.84% of Oshkosh worth $66,684,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in OSK. SJS Investment Consulting Inc. lifted its holdings in Oshkosh by 3,014.3% in the third quarter. SJS Investment Consulting Inc. now owns 218 shares of the company's stock worth $28,000 after buying an additional 211 shares during the period. Abich Financial Wealth Management LLC purchased a new stake in Oshkosh in the third quarter worth about $29,000. Quent Capital LLC purchased a new stake in Oshkosh in the third quarter worth about $35,000. Root Financial Partners LLC purchased a new stake in Oshkosh in the third quarter worth about $35,000. Finally, V Square Quantitative Management LLC purchased a new stake in Oshkosh in the fourth quarter worth about $44,000. Hedge funds and other institutional investors own 92.36% of the company's stock.

Insiders Place Their Bets

In related news, SVP Anupam Khare sold 4,000 shares of the business's stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $169.07, for a total value of $676,280.00. Following the completion of the transaction, the senior vice president directly owned 13,577 shares in the company, valued at $2,295,463.39. The trade was a 22.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.64% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

OSK has been the subject of several recent research reports. Weiss Ratings reissued a "buy (b-)" rating on shares of Oshkosh in a research report on Tuesday, April 21st. Truist Financial set a $183.00 price objective on Oshkosh in a research report on Friday, January 30th. Citigroup lowered Oshkosh from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $180.00 to $170.00 in a research report on Monday, April 13th. Wells Fargo & Company raised their price objective on Oshkosh from $168.00 to $204.00 and gave the company an "overweight" rating in a research report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. lowered their price objective on Oshkosh from $182.00 to $158.00 and set a "neutral" rating for the company in a research report on Friday, April 10th. Twelve investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Oshkosh currently has a consensus rating of "Moderate Buy" and a consensus price target of $165.56.

Oshkosh Price Performance

OSK opened at $149.65 on Tuesday. The stock has a 50-day moving average price of $153.13 and a 200-day moving average price of $143.91. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.94 and a quick ratio of 1.05. The firm has a market cap of $9.38 billion, a PE ratio of 14.94, a P/E/G ratio of 0.80 and a beta of 1.33. Oshkosh Corporation has a 1 year low of $87.54 and a 1 year high of $180.49.

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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