SG Americas Securities LLC Has $514,000 Position in Oshkosh Co. (NYSE:OSK)

SG Americas Securities LLC lowered its position in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 65.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,740 shares of the company's stock after selling 9,141 shares during the quarter. SG Americas Securities LLC's holdings in Oshkosh were worth $514,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Citigroup Inc. grew its holdings in Oshkosh by 1.1% during the second quarter. Citigroup Inc. now owns 11,388 shares of the company's stock valued at $986,000 after purchasing an additional 125 shares during the period. First National Bank of Omaha boosted its holdings in shares of Oshkosh by 0.9% in the second quarter. First National Bank of Omaha now owns 16,321 shares of the company's stock valued at $1,413,000 after buying an additional 148 shares during the period. Treasurer of the State of North Carolina boosted its holdings in shares of Oshkosh by 0.5% in the third quarter. Treasurer of the State of North Carolina now owns 28,628 shares of the company's stock valued at $2,732,000 after buying an additional 150 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Oshkosh by 14.2% in the first quarter. Captrust Financial Advisors now owns 1,211 shares of the company's stock valued at $122,000 after buying an additional 151 shares during the period. Finally, Arizona State Retirement System boosted its holdings in shares of Oshkosh by 1.1% in the third quarter. Arizona State Retirement System now owns 18,596 shares of the company's stock valued at $1,775,000 after buying an additional 209 shares during the period. Institutional investors and hedge funds own 92.36% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on OSK. The Goldman Sachs Group upped their price target on shares of Oshkosh from $104.00 to $116.00 and gave the company a "neutral" rating in a report on Wednesday, January 31st. Citigroup upped their price target on shares of Oshkosh from $115.00 to $130.00 and gave the company a "buy" rating in a report on Wednesday, January 31st. Stifel Nicolaus increased their target price on shares of Oshkosh from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Tuesday, December 19th. TheStreet upgraded shares of Oshkosh from a "c" rating to a "b-" rating in a report on Tuesday, January 30th. Finally, Truist Financial started coverage on shares of Oshkosh in a report on Thursday, March 14th. They set a "hold" rating and a $121.00 target price for the company. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $117.94.

Oshkosh Stock Performance

NYSE OSK traded up $2.54 on Friday, hitting $127.15. 343,265 shares of the stock were exchanged, compared to its average volume of 464,688. The company has a market capitalization of $8.34 billion, a PE ratio of 14.00, a P/E/G ratio of 1.59 and a beta of 1.29. The business's fifty day moving average is $114.73 and its 200 day moving average is $104.41. Oshkosh Co. has a 52 week low of $72.09 and a 52 week high of $127.98. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.45 and a quick ratio of 0.76.

Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly earnings data on Tuesday, January 30th. The company reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.32. Oshkosh had a net margin of 6.19% and a return on equity of 18.75%. The company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period in the prior year, the firm earned $1.60 earnings per share. The company's revenue was up 12.1% on a year-over-year basis. Research analysts anticipate that Oshkosh Co. will post 10.32 EPS for the current fiscal year.

Oshkosh Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 29th. Investors of record on Thursday, February 15th were paid a $0.46 dividend. The ex-dividend date was Wednesday, February 14th. This is an increase from Oshkosh's previous quarterly dividend of $0.41. This represents a $1.84 annualized dividend and a dividend yield of 1.45%. Oshkosh's dividend payout ratio is 20.26%.

Insider Activity at Oshkosh

In related news, SVP Anupam Khare sold 4,234 shares of the company's stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $111.38, for a total value of $471,582.92. Following the transaction, the senior vice president now directly owns 13,499 shares in the company, valued at $1,503,518.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.64% of the stock is currently owned by corporate insiders.

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.