Free Trial

21,180 Shares in Oshkosh Co. (NYSE:OSK) Purchased by Paradoxiom Capital L.P.

Oshkosh logo with Auto/Tires/Trucks background

Paradoxiom Capital L.P. purchased a new stake in shares of Oshkosh Co. (NYSE:OSK - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 21,180 shares of the company's stock, valued at approximately $2,014,000.

A number of other hedge funds have also recently made changes to their positions in OSK. Blue Trust Inc. lifted its holdings in shares of Oshkosh by 108.7% during the 4th quarter. Blue Trust Inc. now owns 265 shares of the company's stock worth $27,000 after acquiring an additional 138 shares during the last quarter. Coppell Advisory Solutions LLC raised its stake in shares of Oshkosh by 52.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock valued at $30,000 after acquiring an additional 110 shares during the last quarter. Hager Investment Management Services LLC bought a new position in shares of Oshkosh during the fourth quarter valued at about $32,000. V Square Quantitative Management LLC increased its position in shares of Oshkosh by 64.1% during the fourth quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock valued at $38,000 after buying an additional 157 shares during the period. Finally, Twin Tree Management LP purchased a new position in shares of Oshkosh during the fourth quarter valued at about $41,000. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Oshkosh Price Performance

OSK traded up $1.96 during trading on Friday, hitting $102.13. 796,949 shares of the company traded hands, compared to its average volume of 622,261. The company has a market cap of $6.57 billion, a PE ratio of 9.87, a P/E/G ratio of 1.45 and a beta of 1.37. The stock's 50-day simple moving average is $90.77 and its two-hundred day simple moving average is $98.76. Oshkosh Co. has a 1 year low of $76.82 and a 1 year high of $119.05. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14.

Oshkosh (NYSE:OSK - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $1.92 earnings per share for the quarter, missing the consensus estimate of $2.02 by ($0.10). Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. The company had revenue of $2.31 billion for the quarter, compared to analysts' expectations of $2.42 billion. During the same period in the previous year, the business posted $2.89 earnings per share. The business's revenue was down 9.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Oshkosh Co. will post 10.96 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.00%. Oshkosh's payout ratio is currently 21.79%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on OSK shares. Truist Financial reduced their price target on shares of Oshkosh from $94.00 to $93.00 and set a "hold" rating on the stock in a research report on Thursday, May 1st. Evercore ISI upped their target price on shares of Oshkosh from $122.00 to $137.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 19th. Morgan Stanley lowered their price objective on shares of Oshkosh from $110.00 to $91.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. The Goldman Sachs Group lowered their price objective on shares of Oshkosh from $135.00 to $116.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 19th. Finally, KeyCorp decreased their price target on shares of Oshkosh from $132.00 to $120.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, Oshkosh currently has a consensus rating of "Moderate Buy" and a consensus price target of $114.21.

Check Out Our Latest Stock Report on Oshkosh

Oshkosh Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

Should You Invest $1,000 in Oshkosh Right Now?

Before you consider Oshkosh, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oshkosh wasn't on the list.

While Oshkosh currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

New AI Deals Just Sent These 4 Infrastructure Stocks Soaring
7 Nuclear Stocks One Announcement Away from Exploding
3 AI ETFs for Steady Gains in 2025 (Without the Wild Volatility)

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines