Wasatch Advisors LP Purchases 32,959 Shares of Oshkosh Corporation $OSK

Wasatch Advisors LP boosted its position in shares of Oshkosh Corporation (NYSE:OSK) by 12.6% in the second quarter, Holdings Channel reports. The fund owned 293,645 shares of the company’s stock after purchasing an additional 32,959 shares during the quarter. Wasatch Advisors LP’s holdings in Oshkosh were worth $45,069,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of OSK. Dimensional Fund Advisors LP boosted its position in Oshkosh by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 3,051,511 shares of the company’s stock worth $449,166,000 after purchasing an additional 46,306 shares during the last quarter. LSV Asset Management increased its position in shares of Oshkosh by 0.9% during the 4th quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock valued at $240,427,000 after purchasing an additional 17,944 shares during the last quarter. Invesco Ltd. increased its position in shares of Oshkosh by 20.4% during the 4th quarter. Invesco Ltd. now owns 1,777,735 shares of the company’s stock valued at $223,337,000 after purchasing an additional 300,766 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Oshkosh by 25.4% in the 2nd quarter. AQR Capital Management LLC now owns 1,709,338 shares of the company’s stock worth $193,728,000 after purchasing an additional 345,782 shares during the period. Finally, Southpoint Capital Advisors LP bought a new position in shares of Oshkosh in the 4th quarter worth approximately $175,882,000. Institutional investors own 92.36% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on OSK. Barclays boosted their target price on shares of Oshkosh from $150.00 to $170.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Wall Street Zen downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a research report on Sunday. Evercore reiterated an “outperform” rating and set a $181.00 price target on shares of Oshkosh in a research note on Monday, May 11th. Zacks Research downgraded shares of Oshkosh from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 23rd. Finally, DA Davidson upped their price objective on Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Eleven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $171.33.

Oshkosh Stock Up 0.3%

OSK stock opened at $155.78 on Wednesday. The business’s 50-day moving average price is $144.31 and its 200-day moving average price is $148.18. The stock has a market cap of $9.62 billion, a P/E ratio of 17.82, a PEG ratio of 0.95 and a beta of 1.25. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13. Oshkosh Corporation has a twelve month low of $116.77 and a twelve month high of $180.49.

Oshkosh (NYSE:OSK) last released its earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.24. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The company had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter last year, the business earned $3.41 EPS. The firm’s revenue was up 6.7% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. On average, equities research analysts forecast that Oshkosh Corporation will post 10.72 EPS for the current year.

Oshkosh Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Thursday, August 13th. Oshkosh’s dividend payout ratio (DPR) is presently 26.09%.

Oshkosh Company 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.