Tudor Investment Corp ET AL Buys 26,910 Shares of Oshkosh Co. (NYSE:OSK)

Tudor Investment Corp ET AL lifted its stake in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 44.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 87,049 shares of the company's stock after purchasing an additional 26,910 shares during the period. Tudor Investment Corp ET AL owned 0.13% of Oshkosh worth $8,276,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in OSK. Synovus Financial Corp lifted its position in shares of Oshkosh by 0.4% in the fourth quarter. Synovus Financial Corp now owns 30,357 shares of the company's stock valued at $2,886,000 after buying an additional 106 shares during the last quarter. Coppell Advisory Solutions LLC lifted its holdings in Oshkosh by 52.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock valued at $30,000 after purchasing an additional 110 shares during the last quarter. Blue Trust Inc. boosted its position in Oshkosh by 108.7% during the fourth quarter. Blue Trust Inc. now owns 265 shares of the company's stock worth $27,000 after purchasing an additional 138 shares during the period. Carolina Wealth Advisors LLC increased its holdings in shares of Oshkosh by 2.5% in the fourth quarter. Carolina Wealth Advisors LLC now owns 6,062 shares of the company's stock valued at $576,000 after purchasing an additional 146 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in shares of Oshkosh by 4.0% in the fourth quarter. Private Advisor Group LLC now owns 3,923 shares of the company's stock valued at $373,000 after purchasing an additional 152 shares during the period. Institutional investors and hedge funds own 92.36% of the company's stock.

Oshkosh Price Performance

Oshkosh stock traded up $2.68 during trading hours on Friday, reaching $89.37. 1,150,605 shares of the stock were exchanged, compared to its average volume of 609,817. The stock has a 50 day moving average of $91.46 and a two-hundred day moving average of $99.52. The company has a market cap of $5.78 billion, a P/E ratio of 8.63, a price-to-earnings-growth ratio of 1.45 and a beta of 1.26. 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 Co. has a twelve month low of $76.82 and a twelve month high of $123.25.

Oshkosh (NYSE:OSK - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $1.92 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.02 by ($0.10). Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.42 billion. During the same period last year, the business earned $2.89 earnings per share. The business's revenue was down 9.1% compared to the same quarter last year. Equities analysts expect that Oshkosh Co. will post 10.96 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a dividend of $0.51 per share. The ex-dividend date is Friday, May 16th. This represents a $2.04 annualized dividend and a dividend yield of 2.28%. Oshkosh's dividend payout ratio is currently 19.71%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on OSK. Morgan Stanley reduced their target price on shares of Oshkosh from $110.00 to $91.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. KeyCorp decreased their target price on Oshkosh from $132.00 to $120.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Raymond James lifted their price target on Oshkosh from $125.00 to $130.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. JPMorgan Chase & Co. decreased their price objective on Oshkosh from $100.00 to $92.00 and set a "neutral" rating on the stock in a report on Thursday. Finally, UBS Group dropped their target price on Oshkosh from $137.00 to $97.00 and set a "buy" rating for the company in a report on Monday, April 7th. One 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. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $111.93.

About Oshkosh

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.