MetLife Investment Management LLC Increases Stock Holdings in Oshkosh Co. (NYSE:OSK)

MetLife Investment Management LLC raised its position in Oshkosh Co. (NYSE:OSK - Free Report) by 9.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,679 shares of the company's stock after buying an additional 3,038 shares during the period. MetLife Investment Management LLC owned about 0.06% of Oshkosh worth $3,487,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. increased its stake in shares of Oshkosh by 17.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 195,906 shares of the company's stock valued at $19,632,000 after purchasing an additional 28,478 shares in the last quarter. Barclays PLC grew its holdings in Oshkosh by 40.9% in the third quarter. Barclays PLC now owns 111,710 shares of the company's stock valued at $11,192,000 after purchasing an additional 32,435 shares during the period. Semanteon Capital Management LP increased its position in shares of Oshkosh by 29.1% in the fourth quarter. Semanteon Capital Management LP now owns 14,820 shares of the company's stock valued at $1,409,000 after buying an additional 3,342 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of Oshkosh during the 3rd quarter worth approximately $504,000. Finally, Entropy Technologies LP lifted its position in shares of Oshkosh by 29.0% during the 4th quarter. Entropy Technologies LP now owns 20,018 shares of the company's stock valued at $1,903,000 after buying an additional 4,498 shares in the last quarter. Institutional investors and hedge funds own 92.36% of the company's stock.

Analyst Upgrades and Downgrades

OSK has been the topic of several recent analyst reports. The Goldman Sachs Group decreased their price objective on shares of Oshkosh from $135.00 to $116.00 and set a "neutral" rating on the stock in a report on Wednesday, March 19th. DA Davidson set a $120.00 price target on shares of Oshkosh in a research note on Monday, April 21st. Bank of America boosted their price objective on Oshkosh from $95.00 to $110.00 and gave the stock an "underperform" rating in a research note on Monday, February 10th. Morgan Stanley lowered their price target on Oshkosh from $110.00 to $91.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Finally, Truist Financial reduced their price objective on Oshkosh from $118.00 to $94.00 and set a "hold" rating for the company in a research note on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $113.21.

Oshkosh Trading Up 3.7 %

OSK stock traded up $3.09 during trading on Thursday, reaching $86.85. 219,716 shares of the stock were exchanged, compared to its average volume of 604,328. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 8.41, a P/E/G ratio of 1.45 and a beta of 1.26. The business has a 50 day moving average price of $92.05 and a 200-day moving average price of $99.75. Oshkosh Co. has a 1 year low of $76.82 and a 1 year high of $123.25.

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). 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 firm's quarterly revenue was down 9.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.89 EPS. On average, research analysts predict that Oshkosh Co. will post 10.96 earnings per share for the current year.

Oshkosh Company 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.