Oshkosh Corporation $OSK Position Increased by Pacer Advisors Inc.

Pacer Advisors Inc. boosted its holdings in Oshkosh Corporation (NYSE:OSK) by 1,845.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 227,788 shares of the company’s stock after buying an additional 216,081 shares during the quarter. Pacer Advisors Inc.’s holdings in Oshkosh were worth $28,617,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of OSK. Torren Management LLC acquired a new position in shares of Oshkosh in the 4th quarter worth $30,000. V Square Quantitative Management LLC purchased a new stake in shares of Oshkosh during the fourth quarter valued at $44,000. Lodestone Wealth Management LLC acquired a new position in shares of Oshkosh in the 4th quarter valued at $47,000. Basepoint Wealth LLC purchased a new position in Oshkosh in the 4th quarter worth about $51,000. Finally, Global Retirement Partners LLC increased its stake in Oshkosh by 284.9% in the 4th quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock worth $51,000 after purchasing an additional 302 shares in the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Performance

OSK stock opened at $140.01 on Friday. The firm has a 50 day simple moving average of $138.38 and a 200 day simple moving average of $145.04. Oshkosh Corporation has a 52 week low of $106.37 and a 52 week high of $180.49. The stock has a market cap of $8.73 billion, a P/E ratio of 15.59, a P/E/G ratio of 0.68 and a beta of 1.26. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.63.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Friday, May 8th. The company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.19). The company had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.29 billion. Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.92 EPS. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Research analysts anticipate that Oshkosh Corporation will post 11 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th were paid a $0.57 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $2.28 dividend on an annualized basis and a yield of 1.6%. Oshkosh’s payout ratio is 25.39%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on OSK shares. Evercore reaffirmed an “outperform” rating and set a $181.00 price objective on shares of Oshkosh in a research note on Monday, May 11th. Robert W. Baird dropped their target price on shares of Oshkosh from $175.00 to $172.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. Sanford C. Bernstein set a $138.00 price target on shares of Oshkosh in a report on Thursday, April 9th. Weiss Ratings downgraded shares of Oshkosh from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 12th. Finally, Wells Fargo & Company raised their price objective on shares of Oshkosh from $168.00 to $204.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Ten research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Oshkosh currently has a consensus rating of “Moderate Buy” and a consensus price target of $165.38.

Insiders Place Their Bets

In other news, Director Duncan Palmer sold 505 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total transaction of $67,599.30. Following the completion of the sale, the director directly owned 39,684 shares of the company’s stock, valued at $5,312,100.24. This trade represents a 1.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by insiders.

Oshkosh Profile

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.