Two Sigma Securities LLC Purchases Shares of 4,538 Oshkosh Co. (NYSE:OSK)

Two Sigma Securities LLC acquired a new position in shares of Oshkosh Co. (NYSE:OSK - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,538 shares of the company's stock, valued at approximately $431,000.

Several other institutional investors have also recently made changes to their positions in OSK. JPMorgan Chase & Co. raised its stake in Oshkosh by 17.0% in the third quarter. JPMorgan Chase & Co. now owns 195,906 shares of the company's stock worth $19,632,000 after buying an additional 28,478 shares in the last quarter. Barclays PLC increased its holdings in shares of Oshkosh by 40.9% in the third quarter. Barclays PLC now owns 111,710 shares of the company's stock valued at $11,192,000 after purchasing an additional 32,435 shares during the period. Semanteon Capital Management LP raised its position in Oshkosh by 29.1% during the 4th quarter. Semanteon Capital Management LP now owns 14,820 shares of the company's stock worth $1,409,000 after buying an additional 3,342 shares during the last quarter. Virtu Financial LLC acquired a new position in Oshkosh during the third quarter valued at $504,000. Finally, Entropy Technologies LP lifted its holdings in shares of Oshkosh by 29.0% in the 4th quarter. Entropy Technologies LP now owns 20,018 shares of the company's stock valued at $1,903,000 after buying an additional 4,498 shares during the period. Hedge funds and other institutional investors own 92.36% of the company's stock.

Analyst Ratings Changes

OSK has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. cut their price objective on Oshkosh from $117.00 to $100.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. 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 report on Wednesday, February 19th. Morgan Stanley dropped their target price on Oshkosh from $110.00 to $91.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. UBS Group lowered their price target on shares of Oshkosh from $137.00 to $97.00 and set a "buy" rating on the stock in a research report on Monday, April 7th. Finally, Bank of America lifted their target price on Oshkosh from $95.00 to $110.00 and gave the company an "underperform" rating in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $115.00.

Oshkosh Trading Down 5.2 %

Shares of Oshkosh stock traded down $4.60 during mid-day trading on Wednesday, hitting $83.64. 2,546,191 shares of the stock were exchanged, compared to its average volume of 606,539. The company has a 50-day simple moving average of $92.44 and a 200 day simple moving average of $99.86. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.41 billion, a price-to-earnings ratio of 8.08, a price-to-earnings-growth ratio of 1.45 and a beta of 1.26. 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 released 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 return on equity of 19.31% and a net margin of 6.34%. The business had revenue of $2.31 billion for the quarter, compared to analysts' expectations of $2.42 billion. During the same quarter last year, the company posted $2.89 earnings per share. The business's quarterly revenue was down 9.1% compared to the same quarter last year. Research analysts forecast that Oshkosh Co. will post 10.96 EPS for the current year.

Oshkosh Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.44%. This is an increase from Oshkosh's previous quarterly dividend of $0.46. The ex-dividend date was Friday, February 14th. Oshkosh's dividend payout ratio is presently 19.71%.

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.