4,686 Shares in Oshkosh Co. (NYSE:OSK) Acquired by MQS Management LLC

MQS Management LLC purchased a new stake in shares of Oshkosh Co. (NYSE:OSK) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,686 shares of the company’s stock, valued at approximately $470,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Swiss National Bank grew its holdings in shares of Oshkosh by 0.3% during the 1st quarter. Swiss National Bank now owns 129,100 shares of the company’s stock valued at $16,100,000 after purchasing an additional 400 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Oshkosh in the first quarter worth about $31,000. US Bancorp DE increased its holdings in shares of Oshkosh by 3.0% in the first quarter. US Bancorp DE now owns 4,522 shares of the company’s stock worth $564,000 after buying an additional 132 shares during the period. Entropy Technologies LP bought a new stake in shares of Oshkosh in the 1st quarter valued at about $685,000. Finally, Blair William & Co. IL boosted its holdings in Oshkosh by 67.2% during the 1st quarter. Blair William & Co. IL now owns 16,963 shares of the company’s stock valued at $2,115,000 after acquiring an additional 6,815 shares during the period. 92.36% of the stock is currently owned by institutional investors.

Oshkosh Stock Down 0.8 %

Shares of Oshkosh stock opened at $110.37 on Thursday. Oshkosh Co. has a 1 year low of $93.34 and a 1 year high of $127.98. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.46 and a quick ratio of 0.79. The company has a 50-day moving average of $103.43 and a 200 day moving average of $107.12. The firm has a market cap of $7.18 billion, a price-to-earnings ratio of 10.72, a PEG ratio of 1.09 and a beta of 1.18.

Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $0.06. The firm had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. As a group, sell-side analysts anticipate that Oshkosh Co. will post 11.35 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.46 per share. The ex-dividend date is Friday, November 15th. This represents a $1.84 annualized dividend and a dividend yield of 1.67%. Oshkosh’s payout ratio is presently 17.86%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Evercore ISI lowered their price objective on Oshkosh from $137.00 to $119.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. Truist Financial lowered their price target on shares of Oshkosh from $126.00 to $114.00 and set a “hold” rating for the company in a report on Wednesday, October 9th. JPMorgan Chase & Co. raised their price target on shares of Oshkosh from $120.00 to $125.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. Robert W. Baird lowered their price objective on shares of Oshkosh from $171.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. Finally, Stifel Nicolaus cut their target price on Oshkosh from $140.00 to $135.00 and set a “buy” rating on the stock in a research note on Thursday, August 1st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $123.14.

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.