Kingsview Wealth Management LLC Takes $7.43 Million Position in Oshkosh Corporation $OSK

Kingsview Wealth Management LLC purchased a new stake in shares of Oshkosh Corporation (NYSE:OSK) during the 4th quarter, Holdings Channel reports. The fund purchased 59,157 shares of the company’s stock, valued at approximately $7,432,000.

A number of other institutional investors also recently bought and sold shares of OSK. Goldman Sachs Group Inc. increased its position in Oshkosh by 43.4% during the first quarter. Goldman Sachs Group Inc. now owns 225,130 shares of the company’s stock valued at $21,180,000 after acquiring an additional 68,165 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Oshkosh by 8.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 188,191 shares of the company’s stock worth $17,705,000 after acquiring an additional 14,122 shares during the last quarter. Focus Partners Wealth bought a new stake in shares of Oshkosh in the 1st quarter worth about $567,000. Sivia Capital Partners LLC purchased a new position in shares of Oshkosh during the 2nd quarter worth about $325,000. Finally, California Public Employees Retirement System grew its holdings in Oshkosh by 1.3% during the 2nd quarter. California Public Employees Retirement System now owns 111,199 shares of the company’s stock valued at $12,626,000 after purchasing an additional 1,404 shares during the last quarter. 92.36% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on OSK shares. UBS Group raised their price objective on shares of Oshkosh from $167.00 to $197.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Zacks Research raised Oshkosh from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. Bank of America upgraded Oshkosh from an “underperform” rating to a “neutral” rating and set a $149.00 price target on the stock in a report on Tuesday, February 3rd. Wall Street Zen lowered Oshkosh from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Raymond James Financial restated an “outperform” rating and set a $175.00 price objective on shares of Oshkosh in a report on Monday, March 2nd. Eleven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Oshkosh presently has a consensus rating of “Moderate Buy” and a consensus price target of $165.38.

Oshkosh Trading Down 0.0%

Shares of OSK opened at $129.47 on Friday. The firm has a market capitalization of $8.07 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 0.63 and a beta of 1.33. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.63 and a quick ratio of 0.83. Oshkosh Corporation has a 1-year low of $97.28 and a 1-year high of $180.49. The company has a 50-day moving average of $142.26 and a 200 day moving average of $144.11.

Oshkosh (NYSE:OSK) last issued its 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). The company had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.29 billion. Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.Oshkosh’s revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.92 earnings per share. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, research analysts expect that Oshkosh Corporation will post 11 EPS 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 paid a $0.57 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.28 annualized dividend and a yield of 1.8%. Oshkosh’s dividend payout ratio is 25.39%.

Insider Buying and Selling

In other Oshkosh news, Director Duncan Palmer sold 505 shares of the firm’s stock in a transaction 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 directly owned 39,684 shares in the company, valued at $5,312,100.24. This trade represents a 1.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by insiders.

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.