Rice Hall James & Associates LLC Invests $16.27 Million in Oshkosh Corporation $OSK

Rice Hall James & Associates LLC bought a new stake in Oshkosh Corporation (NYSE:OSK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 106,011 shares of the company’s stock, valued at approximately $16,271,000. Rice Hall James & Associates LLC owned 0.17% of Oshkosh at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Thrivent Financial for Lutherans increased its position in Oshkosh by 1,945.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company’s stock valued at $53,468,000 after acquiring an additional 404,788 shares during the period. Y Intercept Hong Kong Ltd lifted its position in Oshkosh by 84.7% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 54,593 shares of the company’s stock worth $8,037,000 after acquiring an additional 25,037 shares during the period. California State Teachers Retirement System grew its stake in shares of Oshkosh by 21.9% in the 1st quarter. California State Teachers Retirement System now owns 74,153 shares of the company’s stock valued at $10,916,000 after purchasing an additional 13,344 shares during the last quarter. LSV Asset Management grew its stake in shares of Oshkosh by 0.9% in 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. Finally, Kingsview Wealth Management LLC acquired a new position in shares of Oshkosh in the fourth quarter valued at approximately $7,432,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Analyst Ratings Changes

OSK has been the subject of several analyst reports. Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. JPMorgan Chase & Co. lifted their price objective on shares of Oshkosh from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. DA Davidson boosted their price objective on shares of Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Zacks Research downgraded shares of Oshkosh from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 23rd. Finally, Truist Financial lifted their target price on shares of Oshkosh from $176.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $171.33.

Oshkosh Stock Performance

NYSE OSK opened at $153.97 on Tuesday. Oshkosh Corporation has a 1-year low of $116.77 and a 1-year high of $180.49. The company has a market capitalization of $9.51 billion, a P/E ratio of 17.62, a PEG ratio of 0.94 and a beta of 1.25. The business has a 50 day moving average price of $146.03 and a 200 day moving average price of $148.19. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.72 and a quick ratio of 0.96.

Oshkosh (NYSE:OSK) last posted 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. The company had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.80 billion. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.Oshkosh’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the business earned $3.41 earnings per share. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Sell-side analysts expect that Oshkosh Corporation will post 10.72 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be given a $0.57 dividend. The ex-dividend date is Thursday, August 13th. This represents a $2.28 annualized dividend and a dividend yield of 1.5%. Oshkosh’s payout ratio is currently 26.09%.

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.