Thrivent Financial for Lutherans lifted its position in shares of Oshkosh Corporation (NYSE:OSK – Free Report) by 1,945.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 425,600 shares of the company’s stock after acquiring an additional 404,788 shares during the period. Thrivent Financial for Lutherans’ holdings in Oshkosh were worth $53,468,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Keybank National Association OH acquired a new stake in Oshkosh in the third quarter worth about $422,000. Mutual Advisors LLC acquired a new stake in Oshkosh in the third quarter worth about $849,000. Murphy Middleton Hinkle & Parker Inc. acquired a new stake in Oshkosh in the fourth quarter worth about $4,183,000. Peterson Wealth Services lifted its holdings in Oshkosh by 3,459.5% in the third quarter. Peterson Wealth Services now owns 56,952 shares of the company’s stock worth $7,387,000 after purchasing an additional 55,352 shares during the period. Finally, Convergence Investment Partners LLC acquired a new stake in Oshkosh in the third quarter worth about $1,162,000. Institutional investors own 92.36% of the company’s stock.
Insider Buying and Selling
In other Oshkosh news, Director Duncan Palmer sold 505 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total transaction of $67,599.30. Following the transaction, the director owned 39,684 shares in the company, valued at $5,312,100.24. This trade represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Anupam Khare sold 4,000 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $169.07, for a total value of $676,280.00. Following the transaction, the senior vice president owned 13,577 shares in the company, valued at approximately $2,295,463.39. This trade represents a 22.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.64% of the company’s stock.
Oshkosh Price Performance
Oshkosh (NYSE:OSK – Get Free Report) last issued its earnings results on Friday, May 8th. The company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). The business 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%. Oshkosh’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.92 EPS. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, analysts forecast that Oshkosh Corporation will post 11 earnings per share for the current year.
Oshkosh Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th will be issued a $0.57 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $2.28 dividend on an annualized basis and a yield of 1.9%. Oshkosh’s dividend payout ratio is currently 25.39%.
Analyst Ratings Changes
OSK has been the subject of several research analyst reports. Truist Financial reaffirmed a “hold” rating and issued a $176.00 price objective (down from $183.00) on shares of Oshkosh in a report on Monday, May 11th. Citigroup downgraded shares of Oshkosh from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $180.00 to $170.00 in a report on Monday, April 13th. Zacks Research raised shares of Oshkosh from a “strong sell” rating to a “hold” rating in a report on Thursday, March 5th. JPMorgan Chase & Co. reduced their price objective on shares of Oshkosh from $158.00 to $145.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $175.00 price objective on shares of Oshkosh in a report on Monday, March 2nd. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $165.38.
Read Our Latest Stock Analysis on Oshkosh
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.
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