First Quadrant L P CA lowered its holdings in shares of Oshkosh Corp (NYSE:OSK) by 72.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,964 shares of the company’s stock after selling 15,336 shares during the period. First Quadrant L P CA’s holdings in Oshkosh were worth $452,000 as of its most recent filing with the SEC.
Several other institutional investors have also bought and sold shares of OSK. State of New Jersey Common Pension Fund D bought a new stake in Oshkosh during the 3rd quarter worth $4,616,000. Nicolet Advisory Services LLC grew its position in Oshkosh by 2.8% during the 3rd quarter. Nicolet Advisory Services LLC now owns 10,043 shares of the company’s stock worth $761,000 after acquiring an additional 278 shares during the last quarter. Convergence Investment Partners LLC grew its position in Oshkosh by 7.4% during the 3rd quarter. Convergence Investment Partners LLC now owns 15,018 shares of the company’s stock worth $1,138,000 after acquiring an additional 1,034 shares during the last quarter. Regentatlantic Capital LLC grew its position in Oshkosh by 19.2% during the 3rd quarter. Regentatlantic Capital LLC now owns 33,764 shares of the company’s stock worth $2,559,000 after acquiring an additional 5,438 shares during the last quarter. Finally, Virginia Retirement Systems ET AL grew its position in Oshkosh by 19.7% during the 3rd quarter. Virginia Retirement Systems ET AL now owns 15,800 shares of the company’s stock worth $1,198,000 after acquiring an additional 2,600 shares during the last quarter. 90.24% of the stock is owned by institutional investors.
A number of brokerages recently weighed in on OSK. Citigroup reduced their price objective on Oshkosh from $95.00 to $88.00 and set a “buy” rating on the stock in a research report on Tuesday, August 6th. JPMorgan Chase & Co. upgraded Oshkosh from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $85.00 to $90.00 in a research report on Wednesday, September 11th. Dougherty & Co began coverage on Oshkosh in a research report on Wednesday, August 28th. They set a “buy” rating and a $80.00 price objective on the stock. Robert W. Baird upgraded Oshkosh from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $74.00 to $101.00 in a research report on Thursday, October 24th. Finally, ValuEngine lowered Oshkosh from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 2nd. Four investment analysts have rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. Oshkosh presently has an average rating of “Hold” and a consensus target price of $85.55.
NYSE OSK opened at $83.11 on Tuesday. The business’s 50-day moving average price is $75.54 and its two-hundred day moving average price is $77.31. Oshkosh Corp has a 12 month low of $52.42 and a 12 month high of $86.45. The firm has a market capitalization of $5.49 billion, a PE ratio of 13.07, a price-to-earnings-growth ratio of 0.81 and a beta of 1.97. The company has a current ratio of 1.99, a quick ratio of 1.19 and a debt-to-equity ratio of 0.32.
Oshkosh (NYSE:OSK) last released its quarterly earnings results on Thursday, August 1st. The company reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.35. Oshkosh had a return on equity of 22.70% and a net margin of 7.04%. The firm had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same quarter in the previous year, the company posted $2.20 EPS. The business’s revenue was up 10.0% on a year-over-year basis. As a group, analysts forecast that Oshkosh Corp will post 8.02 earnings per share for the current fiscal year.
Oshkosh Company Profile
Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation services; and chassis and service parts sales.
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