Mutual of America Capital Management LLC Has $4.38 Million Position in Oshkosh Co. (NYSE:OSK)

Mutual of America Capital Management LLC lowered its position in Oshkosh Co. (NYSE:OSK - Free Report) by 30.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,431 shares of the company's stock after selling 17,724 shares during the period. Mutual of America Capital Management LLC owned about 0.06% of Oshkosh worth $4,383,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Teachers Retirement System of The State of Kentucky lifted its position in shares of Oshkosh by 92.6% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 22,395 shares of the company's stock valued at $2,138,000 after acquiring an additional 10,770 shares during the period. Greenhaven Associates Inc. lifted its position in shares of Oshkosh by 0.5% during the 4th quarter. Greenhaven Associates Inc. now owns 2,469,789 shares of the company's stock valued at $267,750,000 after acquiring an additional 11,100 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Oshkosh by 38.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 122,800 shares of the company's stock valued at $11,719,000 after acquiring an additional 34,325 shares during the period. Raymond James & Associates lifted its position in shares of Oshkosh by 26.9% during the 4th quarter. Raymond James & Associates now owns 72,470 shares of the company's stock valued at $7,856,000 after acquiring an additional 15,358 shares during the period. Finally, LSV Asset Management lifted its position in shares of Oshkosh by 10.9% during the 3rd quarter. LSV Asset Management now owns 361,988 shares of the company's stock valued at $34,545,000 after acquiring an additional 35,488 shares during the period. Institutional investors and hedge funds own 92.36% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on OSK shares. Stifel Nicolaus lifted their price objective on Oshkosh from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Tuesday, December 19th. Wells Fargo & Company lifted their price objective on Oshkosh from $114.00 to $122.00 and gave the stock an "equal weight" rating in a research report on Wednesday, January 31st. TheStreet upgraded Oshkosh from a "c" rating to a "b-" rating in a research report on Tuesday, January 30th. JPMorgan Chase & Co. lifted their price objective on Oshkosh from $120.00 to $130.00 and gave the stock a "neutral" rating in a research report on Tuesday. Finally, Truist Financial started coverage on Oshkosh in a research report on Thursday, March 14th. They set a "hold" rating and a $121.00 price objective for the company. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $120.25.

Oshkosh Trading Down 0.3 %

Shares of NYSE OSK traded down $0.35 during trading on Tuesday, hitting $119.98. 304,021 shares of the company traded hands, compared to its average volume of 500,234. Oshkosh Co. has a 1 year low of $72.09 and a 1 year high of $127.98. The company has a 50-day moving average price of $116.24 and a 200-day moving average price of $105.80. The firm has a market capitalization of $7.87 billion, a P/E ratio of 13.21, a P/E/G ratio of 1.56 and a beta of 1.29. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 0.16.

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

Oshkosh Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, February 15th were issued a $0.46 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.84 dividend on an annualized basis and a yield of 1.53%. This is a positive change from Oshkosh's previous quarterly dividend of $0.41. Oshkosh's payout ratio is currently 20.26%.

Insiders Place Their Bets

In other Oshkosh news, SVP Anupam Khare sold 4,234 shares of the business's stock in a transaction on 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 owns 13,499 shares in the company, valued at approximately $1,503,518.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.58% of the stock is currently owned by company 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.