Oshkosh Corporation (NYSE:OSK) Given Average Rating of “Moderate Buy” by Brokerages

Oshkosh Corporation (NYSE:OSK) has been assigned an average recommendation of “Moderate Buy” from the nineteen analysts that are currently covering the company, Marketbeat Ratings reports. Nine equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $165.3750.

A number of brokerages recently commented on OSK. DA Davidson upped their price target on shares of Oshkosh from $160.00 to $168.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Citigroup lowered shares of Oshkosh from a “buy” rating to a “neutral” rating and decreased their price target for the company from $180.00 to $170.00 in a research note on Monday, April 13th. Sanford C. Bernstein set a $138.00 price target on shares of Oshkosh in a research note on Thursday, April 9th. Zacks Research upgraded shares of Oshkosh from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. Finally, UBS Group upped their price target on shares of Oshkosh from $167.00 to $197.00 and gave the company a “buy” rating in a research note on Friday, March 6th.

Insider Buying and Selling

In other Oshkosh news, 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 transaction of $676,280.00. Following the transaction, the senior vice president owned 13,577 shares in the company, valued at $2,295,463.39. This represents a 22.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 approximately $5,312,100.24. The trade was a 1.26% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.64% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Groupama Asset Managment grew its position in shares of Oshkosh by 4.2% during the 1st quarter. Groupama Asset Managment now owns 5,636 shares of the company’s stock worth $830,000 after purchasing an additional 227 shares in the last quarter. Bank of America Corp DE grew its position in shares of Oshkosh by 0.9% during the 1st quarter. Bank of America Corp DE now owns 978,610 shares of the company’s stock worth $144,061,000 after purchasing an additional 8,531 shares in the last quarter. Lodge Hill Capital LLC grew its position in shares of Oshkosh by 860.0% during the 1st quarter. Lodge Hill Capital LLC now owns 240,000 shares of the company’s stock worth $35,330,000 after purchasing an additional 215,000 shares in the last quarter. Bull Harbor Capital LLC acquired a new position in shares of Oshkosh during the 1st quarter worth approximately $531,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of Oshkosh by 10.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $327,000 after purchasing an additional 204 shares in the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Up 1.0%

Shares of OSK opened at $128.44 on Friday. Oshkosh has a 52 week low of $96.03 and a 52 week high of $180.49. The firm has a market cap of $8.01 billion, a P/E ratio of 14.30, a price-to-earnings-growth ratio of 0.63 and a beta of 1.33. The firm’s 50-day simple moving average is $143.79 and its 200 day simple moving average is $143.78. 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 announced its quarterly earnings results on Friday, May 8th. The company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The company had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same quarter last year, the company posted $1.92 EPS. The firm’s quarterly revenue was up .2% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, analysts forecast that Oshkosh will post 11 earnings per share for the current year.

Oshkosh Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Tuesday, May 26th. Oshkosh’s dividend payout ratio is presently 25.39%.

About Oshkosh

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.