Skylands Capital LLC Has $17.04 Million Stock Holdings in Oshkosh Co. (NYSE:OSK)

Skylands Capital LLC trimmed its position in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 10.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 157,150 shares of the company's stock after selling 19,125 shares during the period. Oshkosh makes up 2.5% of Skylands Capital LLC's portfolio, making the stock its 8th biggest holding. Skylands Capital LLC owned approximately 0.24% of Oshkosh worth $17,037,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of OSK. BluePath Capital Management LLC acquired a new position in shares of Oshkosh during the third quarter valued at about $32,000. Venturi Wealth Management LLC raised its position in shares of Oshkosh by 53.6% during the fourth quarter. Venturi Wealth Management LLC now owns 318 shares of the company's stock valued at $34,000 after buying an additional 111 shares during the last quarter. GAMMA Investing LLC acquired a new position in shares of Oshkosh during the fourth quarter valued at about $42,000. Arlington Partners LLC grew its stake in shares of Oshkosh by 36.5% during the third quarter. Arlington Partners LLC now owns 934 shares of the company's stock valued at $89,000 after purchasing an additional 250 shares during the last quarter. Finally, International Assets Investment Management LLC grew its stake in shares of Oshkosh by 10,744.4% during the fourth quarter. International Assets Investment Management LLC now owns 976 shares of the company's stock valued at $106,000 after purchasing an additional 967 shares during the last quarter. 92.36% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on OSK. Evercore ISI raised their price objective on shares of Oshkosh from $122.00 to $124.00 and gave the company an "outperform" rating in a research note on Tuesday, February 20th. TheStreet raised shares of Oshkosh from a "c" rating to a "b-" rating in a research note on Tuesday, January 30th. The Goldman Sachs Group raised their price objective on shares of Oshkosh from $104.00 to $116.00 and gave the company a "neutral" rating in a research note on Wednesday, January 31st. StockNews.com cut shares of Oshkosh from a "buy" rating to a "hold" rating in a research note on Friday. Finally, Citigroup raised their price objective on shares of Oshkosh from $115.00 to $130.00 and gave the company a "buy" rating in a research note on Wednesday, January 31st. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, Oshkosh currently has an average rating of "Moderate Buy" and a consensus target price of $123.50.

Oshkosh Stock Up 0.2 %

OSK stock traded up $0.22 during midday trading on Monday, hitting $117.88. The company's stock had a trading volume of 514,813 shares, compared to its average volume of 507,113. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.43 and a quick ratio of 0.76. Oshkosh Co. has a twelve month low of $72.09 and a twelve month high of $127.98. The company's fifty day moving average price is $117.68 and its 200 day moving average price is $107.41. The stock has a market capitalization of $7.73 billion, a P/E ratio of 11.28, a PEG ratio of 1.37 and a beta of 1.29.

Oshkosh (NYSE:OSK - Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The company reported $2.89 EPS for the quarter, beating analysts' consensus estimates of $2.26 by $0.63. Oshkosh had a net margin of 6.93% and a return on equity of 20.39%. The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter last year, the firm posted $1.59 EPS. The company's quarterly revenue was up 12.2% on a year-over-year basis. As a group, equities research analysts predict that Oshkosh Co. will post 11.31 EPS for the current year.

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Monday, May 13th will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Friday, May 10th. Oshkosh's dividend payout ratio (DPR) is presently 17.61%.

Insider Activity

In related news, SVP Anupam Khare sold 4,234 shares of Oshkosh stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $111.38, for a total transaction of $471,582.92. Following the completion of the sale, the senior vice president now owns 13,499 shares of the company's stock, valued at approximately $1,503,518.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.64% of the company's stock.

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.