Hussman Strategic Advisors Inc. Acquires Shares of 10,500 Oshkosh Corporation $OSK

Hussman Strategic Advisors Inc. acquired a new stake in Oshkosh Corporation (NYSE:OSK) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 10,500 shares of the company’s stock, valued at approximately $1,319,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. HB Wealth Management LLC increased its position in Oshkosh by 4.1% in the 4th quarter. HB Wealth Management LLC now owns 2,502 shares of the company’s stock valued at $314,000 after acquiring an additional 98 shares in the last quarter. Tower Research Capital LLC TRC grew its position in shares of Oshkosh by 6.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,763 shares of the company’s stock worth $200,000 after buying an additional 100 shares during the period. First Business Financial Services Inc. grew its position in shares of Oshkosh by 0.9% during the 3rd quarter. First Business Financial Services Inc. now owns 11,845 shares of the company’s stock worth $1,536,000 after buying an additional 103 shares during the period. New Wave Wealth Advisors LLC grew its position in shares of Oshkosh by 5.8% during the 4th quarter. New Wave Wealth Advisors LLC now owns 1,924 shares of the company’s stock worth $242,000 after buying an additional 106 shares during the period. Finally, Burns Matteson Capital Management LLC grew its position in shares of Oshkosh by 3.6% during the 4th quarter. Burns Matteson Capital Management LLC now owns 3,779 shares of the company’s stock worth $475,000 after buying an additional 133 shares during the period. Institutional investors and hedge funds own 92.36% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Anupam Khare sold 4,000 shares of Oshkosh stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $169.07, for a total transaction of $676,280.00. Following the transaction, the senior vice president owned 13,577 shares of the company’s stock, valued at $2,295,463.39. This trade represents a 22.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.64% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Truist Financial set a $183.00 price target on shares of Oshkosh in a research report on Friday, January 30th. Zacks Research upgraded shares of Oshkosh from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 5th. Citigroup cut shares of Oshkosh from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $180.00 to $170.00 in a research report on Monday, April 13th. Bank of America upgraded shares of Oshkosh from an “underperform” rating to a “neutral” rating and set a $149.00 price target for the company in a research report on Tuesday, February 3rd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Oshkosh in a research report on Tuesday, April 21st. Twelve analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $165.56.

Oshkosh Stock Up 0.0%

Oshkosh stock opened at $155.30 on Monday. The company’s 50 day simple moving average is $153.13 and its 200 day simple moving average is $143.91. Oshkosh Corporation has a fifty-two week low of $87.54 and a fifty-two week high of $180.49. The firm has a market capitalization of $9.73 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 0.80 and a beta of 1.33. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.94 and a quick ratio of 1.05.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Thursday, January 29th. The company reported $2.26 earnings per share for the quarter, missing the consensus estimate of $2.33 by ($0.07). Oshkosh had a return on equity of 15.69% and a net margin of 6.21%.The firm had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.60 billion. During the same period in the previous year, the business earned $2.58 EPS. The firm’s revenue was up 3.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Oshkosh Corporation will post 11.14 EPS for the current year.

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.