Rockefeller Capital Management L.P. bought a new stake in Oshkosh Co. (NYSE:OSK - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 10,370 shares of the company's stock, valued at approximately $986,000.
Other large investors have also modified their holdings of the company. Blue Trust Inc. lifted its holdings in Oshkosh by 108.7% during the 4th quarter. Blue Trust Inc. now owns 265 shares of the company's stock worth $27,000 after buying an additional 138 shares during the last quarter. Hager Investment Management Services LLC bought a new stake in Oshkosh during the fourth quarter valued at $32,000. Proficio Capital Partners LLC acquired a new stake in shares of Oshkosh during the fourth quarter worth $34,000. V Square Quantitative Management LLC lifted its position in shares of Oshkosh by 64.1% in the 4th quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock worth $38,000 after buying an additional 157 shares during the last quarter. Finally, Twin Tree Management LP acquired a new stake in Oshkosh during the fourth quarter worth about $41,000. Institutional investors own 92.36% of the company's stock.
Oshkosh Trading Up 0.2 %
Oshkosh stock traded up $0.20 during midday trading on Friday, reaching $88.91. The stock had a trading volume of 1,064,498 shares, compared to its average volume of 597,324. The firm's fifty day simple moving average is $93.30 and its two-hundred day simple moving average is $100.04. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76. Oshkosh Co. has a twelve month low of $76.82 and a twelve month high of $123.25. The firm has a market cap of $5.75 billion, a price-to-earnings ratio of 8.59, a PEG ratio of 1.45 and a beta of 1.26.
Oshkosh (NYSE:OSK - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. Equities analysts anticipate that Oshkosh Co. will post 10.96 EPS for the current fiscal year.
Oshkosh Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were paid a dividend of $0.51 per share. This is a positive change from Oshkosh's previous quarterly dividend of $0.46. The ex-dividend date was Friday, February 14th. This represents a $2.04 annualized dividend and a dividend yield of 2.29%. Oshkosh's dividend payout ratio is 19.71%.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on OSK. KeyCorp decreased their target price on Oshkosh from $132.00 to $120.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Morgan Stanley lowered their price objective on Oshkosh from $110.00 to $91.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. The Goldman Sachs Group reduced their price target on shares of Oshkosh from $135.00 to $116.00 and set a "neutral" rating for the company in a report on Wednesday, March 19th. Evercore ISI boosted their target price on shares of Oshkosh from $122.00 to $137.00 and gave the company an "outperform" rating in a research note on Wednesday, February 19th. Finally, DA Davidson set a $120.00 price target on Oshkosh in a report on Monday. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $115.00.
Check Out Our Latest Research Report on Oshkosh
About Oshkosh
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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.
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