Klein Pavlis & Peasley Financial Inc. Has $799,000 Stock Holdings in Oshkosh Corporation $OSK

Klein Pavlis & Peasley Financial Inc. trimmed its holdings in shares of Oshkosh Corporation (NYSE:OSK) by 50.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 6,162 shares of the company’s stock after selling 6,350 shares during the period. Klein Pavlis & Peasley Financial Inc.’s holdings in Oshkosh were worth $799,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Ritholtz Wealth Management bought a new position in Oshkosh during the third quarter worth about $276,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of Oshkosh in the 3rd quarter worth approximately $1,514,000. Stephens Inc. AR acquired a new position in shares of Oshkosh in the 3rd quarter worth approximately $208,000. Kera Capital Partners Inc. lifted its position in shares of Oshkosh by 8.3% during the 3rd quarter. Kera Capital Partners Inc. now owns 2,571 shares of the company’s stock worth $333,000 after buying an additional 196 shares during the period. Finally, Quent Capital LLC acquired a new stake in Oshkosh in the 3rd quarter valued at $35,000. Institutional investors own 92.36% of the company’s stock.

Oshkosh Trading Down 0.7%

Shares of NYSE OSK opened at $152.33 on Friday. Oshkosh Corporation has a 1-year low of $76.82 and a 1-year high of $155.71. The company has a 50-day moving average of $131.39 and a two-hundred day moving average of $131.79. The company has a market cap of $9.63 billion, a PE ratio of 14.86, a P/E/G ratio of 2.06 and a beta of 1.41. The company has a current ratio of 1.98, a quick ratio of 0.99 and a debt-to-equity ratio of 0.24.

Oshkosh (NYSE:OSK) last released its quarterly earnings results on Wednesday, October 29th. The company reported $3.20 EPS for the quarter, beating the consensus estimate of $3.12 by $0.08. Oshkosh had a net margin of 6.43% and a return on equity of 16.60%. The business had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.84 billion. During the same period in the prior year, the firm earned $2.93 earnings per share. Oshkosh’s revenue was down 1.9% compared to the same quarter last year. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. As a group, equities analysts expect that Oshkosh Corporation will post 10.96 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were given a dividend of $0.51 per share. The ex-dividend date was Monday, November 17th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.3%. Oshkosh’s payout ratio is presently 19.90%.

Analysts Set New Price Targets

Several research analysts have issued reports on OSK shares. Sanford C. Bernstein increased their price objective on Oshkosh from $132.00 to $140.00 and gave the stock a “market perform” rating in a research note on Friday, December 19th. Wells Fargo & Company assumed coverage on shares of Oshkosh in a report on Thursday, November 13th. They issued an “overweight” rating and a $144.00 target price on the stock. UBS Group cut their price target on shares of Oshkosh from $165.00 to $163.00 and set a “buy” rating for the company in a report on Monday, January 5th. Weiss Ratings restated a “buy (b-)” rating on shares of Oshkosh in a research report on Wednesday, October 8th. Finally, Wall Street Zen lowered shares of Oshkosh from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Thirteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $151.31.

About Oshkosh

Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.