Oshkosh Co. (NYSE:OSK) Holdings Trimmed by Dumont & Blake Investment Advisors LLC

Dumont & Blake Investment Advisors LLC reduced its stake in shares of Oshkosh Co. (NYSE:OSK) by 50.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,421 shares of the company’s stock after selling 10,429 shares during the quarter. Dumont & Blake Investment Advisors LLC’s holdings in Oshkosh were worth $1,044,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Valley National Advisers Inc. increased its position in Oshkosh by 18.2% during the first quarter. Valley National Advisers Inc. now owns 623 shares of the company’s stock worth $77,000 after buying an additional 96 shares during the last quarter. AE Wealth Management LLC raised its position in shares of Oshkosh by 7.3% during the second quarter. AE Wealth Management LLC now owns 1,863 shares of the company’s stock valued at $202,000 after buying an additional 127 shares during the last quarter. US Bancorp DE increased its stake in Oshkosh by 3.0% during the first quarter. US Bancorp DE now owns 4,522 shares of the company’s stock valued at $564,000 after acquiring an additional 132 shares during the period. Atlas Capital Advisors LLC raised its holdings in Oshkosh by 161.6% in the 1st quarter. Atlas Capital Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 139 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Oshkosh by 26.2% during the 2nd quarter. GAMMA Investing LLC now owns 733 shares of the company’s stock worth $79,000 after purchasing an additional 152 shares in the last quarter. Institutional investors own 92.36% of the company’s stock.

Oshkosh Stock Down 0.0 %

OSK traded down $0.04 during trading hours on Friday, hitting $104.12. 109,184 shares of the company’s stock were exchanged, compared to its average volume of 496,652. The company has a quick ratio of 0.81, a current ratio of 1.44 and a debt-to-equity ratio of 0.15. Oshkosh Co. has a 1-year low of $86.10 and a 1-year high of $127.98. The stock’s 50-day moving average is $102.48 and its two-hundred day moving average is $108.43. The stock has a market cap of $6.78 billion, a price-to-earnings ratio of 10.07, a PEG ratio of 1.03 and a beta of 1.19.

Oshkosh (NYSE:OSK) last released its earnings results on Wednesday, July 31st. The company reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.00 by $0.34. The business had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.78 billion. Oshkosh had a return on equity of 20.83% and a net margin of 6.58%. Oshkosh’s quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.69 earnings per share. Sell-side analysts predict that Oshkosh Co. will post 11.33 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 16th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.77%. The ex-dividend date was Friday, August 16th. Oshkosh’s dividend payout ratio (DPR) is currently 17.79%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on OSK. Evercore ISI reduced their target price on Oshkosh from $137.00 to $119.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. JPMorgan Chase & Co. lifted their target price on shares of Oshkosh from $120.00 to $125.00 and gave the company a “neutral” rating in a research report on Monday, October 14th. Truist Financial dropped their price target on shares of Oshkosh from $126.00 to $114.00 and set a “hold” rating for the company in a research report on Wednesday, October 9th. Jefferies Financial Group decreased their price objective on Oshkosh from $135.00 to $105.00 and set a “hold” rating on the stock in a report on Thursday, July 11th. Finally, Raymond James started coverage on Oshkosh in a research note on Friday, June 28th. They set an “outperform” rating and a $125.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Oshkosh presently has an average rating of “Hold” and a consensus price target of $125.29.

Oshkosh 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.