Vident Investment Advisory LLC grew its position in shares of Oshkosh Corp (NYSE:OSK) by 4.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,904 shares of the company’s stock after buying an additional 1,646 shares during the quarter. Vident Investment Advisory LLC’s holdings in Oshkosh were worth $2,963,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently modified their holdings of the business. Advisors Asset Management Inc. grew its stake in shares of Oshkosh by 3.5% during the second quarter. Advisors Asset Management Inc. now owns 2,039 shares of the company’s stock valued at $140,000 after purchasing an additional 68 shares during the last quarter. Paradigm Asset Management Co. LLC grew its stake in shares of Oshkosh by 4.7% during the second quarter. Paradigm Asset Management Co. LLC now owns 2,250 shares of the company’s stock valued at $155,000 after purchasing an additional 100 shares during the last quarter. CIBC Asset Management Inc bought a new stake in shares of Oshkosh during the third quarter valued at approximately $208,000. Raymond James Trust N.A. grew its stake in shares of Oshkosh by 0.9% during the second quarter. Raymond James Trust N.A. now owns 3,054 shares of the company’s stock valued at $210,000 after purchasing an additional 28 shares during the last quarter. Finally, Zacks Investment Management bought a new stake in shares of Oshkosh during the second quarter valued at approximately $247,000. 93.61% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Oshkosh Corp (NYSE OSK) traded up $0.78 during midday trading on Monday, reaching $88.78. 639,300 shares of the company traded hands, compared to its average volume of 686,514. Oshkosh Corp has a fifty-two week low of $61.74 and a fifty-two week high of $94.16. The firm has a market capitalization of $6,673.61, a price-to-earnings ratio of 20.94, a P/E/G ratio of 1.18 and a beta of 1.84. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.81 and a quick ratio of 1.09.
Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Tuesday, October 31st. The company reported $1.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.36. Oshkosh had a net margin of 4.18% and a return on equity of 15.14%. The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.90 billion. During the same period in the prior year, the business posted $1.05 earnings per share. Oshkosh’s revenue was up 11.8% compared to the same quarter last year. equities research analysts anticipate that Oshkosh Corp will post 4.55 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 16th were issued a $0.24 dividend. This is a positive change from Oshkosh’s previous quarterly dividend of $0.21. This represents a $0.96 annualized dividend and a yield of 1.08%. The ex-dividend date was Wednesday, November 15th. Oshkosh’s dividend payout ratio is currently 25.53%.
OSK has been the topic of several research analyst reports. Deutsche Bank reissued a “hold” rating and set a $86.00 price target (up from $80.00) on shares of Oshkosh in a research note on Monday, October 9th. Citigroup increased their price target on shares of Oshkosh from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, October 13th. Jefferies Group reissued a “buy” rating and set a $85.00 price target on shares of Oshkosh in a research note on Thursday, September 7th. Royal Bank Of Canada reissued a “buy” rating and set a $100.00 price target on shares of Oshkosh in a research note on Thursday, November 2nd. Finally, Robert W. Baird reissued a “buy” rating and set a $93.00 price target on shares of Oshkosh in a research note on Thursday, October 12th. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $92.85.
In other Oshkosh news, SVP Bradley M. Nelson sold 7,500 shares of the stock in a transaction on Friday, November 10th. The shares were sold at an average price of $83.86, for a total value of $628,950.00. Following the sale, the senior vice president now directly owns 18,908 shares in the company, valued at $1,585,624.88. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Wilson R. Jones sold 40,000 shares of the stock in a transaction on Friday, November 17th. The stock was sold at an average price of $85.14, for a total transaction of $3,405,600.00. Following the completion of the sale, the insider now owns 159,859 shares in the company, valued at $13,610,395.26. The disclosure for this sale can be found here. Insiders sold 115,153 shares of company stock worth $9,953,433 over the last 90 days. 2.00% of the stock is currently owned by company insiders.
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Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.
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