Oshkosh Corporation $OSK Shares Bought by Sei Investments Co.

Sei Investments Co. lifted its holdings in Oshkosh Corporation (NYSE:OSK) by 2.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 404,156 shares of the company’s stock after purchasing an additional 11,182 shares during the period. Sei Investments Co.’s holdings in Oshkosh were worth $59,495,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of OSK. Thrivent Financial for Lutherans lifted its holdings in shares of Oshkosh by 1,945.0% during the fourth quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company’s stock valued at $53,468,000 after purchasing an additional 404,788 shares during the last quarter. LSV Asset Management raised its holdings in Oshkosh by 0.9% during the 4th quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock worth $240,427,000 after buying an additional 17,944 shares during the period. Y Intercept Hong Kong Ltd lifted its stake in Oshkosh by 84.7% during the first quarter. Y Intercept Hong Kong Ltd now owns 54,593 shares of the company’s stock valued at $8,037,000 after buying an additional 25,037 shares in the last quarter. Kingsview Wealth Management LLC acquired a new position in shares of Oshkosh in the fourth quarter worth about $7,432,000. Finally, Norges Bank purchased a new position in shares of Oshkosh in the fourth quarter worth approximately $127,907,000. Institutional investors and hedge funds own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on OSK. Zacks Research lowered shares of Oshkosh from a “hold” rating to a “strong sell” rating in a report on Thursday. JPMorgan Chase & Co. lowered their price objective on shares of Oshkosh from $158.00 to $145.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Evercore reissued an “outperform” rating and set a $181.00 target price on shares of Oshkosh in a research note on Monday, May 11th. Sanford C. Bernstein set a $138.00 target price on Oshkosh in a research report on Thursday, April 9th. Finally, Citigroup downgraded Oshkosh from a “buy” rating to a “neutral” rating and lowered their price target for the company from $180.00 to $170.00 in a report on Monday, April 13th. Eleven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $168.60.

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. 0.64% of the stock is currently owned by company insiders.

Oshkosh Stock Up 2.0%

OSK stock opened at $154.97 on Friday. The company has a 50 day moving average of $138.63 and a two-hundred day moving average of $148.00. The company has a market cap of $9.66 billion, a price-to-earnings ratio of 17.26, a PEG ratio of 0.77 and a beta of 1.23. Oshkosh Corporation has a 12-month low of $116.77 and a 12-month high of $180.49. The company has a quick ratio of 0.83, a current ratio of 1.63 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Friday, May 8th. The company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.19). Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period in the previous year, the firm posted $1.92 EPS. The firm’s revenue for the quarter was up .2% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, equities analysts anticipate that Oshkosh Corporation will post 10.87 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th were given a dividend of $0.57 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $2.28 dividend on an annualized basis and a yield of 1.5%. Oshkosh’s dividend payout ratio is presently 25.39%.

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.