SOA Wealth Advisors LLC. Sells 125 Shares of Oshkosh Co. (NYSE:OSK)

SOA Wealth Advisors LLC. lessened its holdings in Oshkosh Co. (NYSE:OSK) by 9.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,268 shares of the company’s stock after selling 125 shares during the period. SOA Wealth Advisors LLC.’s holdings in Oshkosh were worth $121,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Assenagon Asset Management S.A. increased its holdings in shares of Oshkosh by 3,329.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 240,223 shares of the company’s stock worth $24,073,000 after buying an additional 233,218 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Oshkosh by 154.9% during the third quarter. BNP Paribas Financial Markets now owns 160,102 shares of the company’s stock worth $16,044,000 after acquiring an additional 97,282 shares during the last quarter. Edgestream Partners L.P. raised its position in Oshkosh by 704.3% during the third quarter. Edgestream Partners L.P. now owns 68,023 shares of the company’s stock valued at $6,817,000 after purchasing an additional 59,566 shares during the period. Holocene Advisors LP purchased a new stake in Oshkosh during the third quarter valued at approximately $5,375,000. Finally, Quantbot Technologies LP bought a new stake in shares of Oshkosh in the 3rd quarter valued at approximately $4,778,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on OSK shares. Citigroup decreased their price target on Oshkosh from $125.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Truist Financial increased their target price on shares of Oshkosh from $109.00 to $118.00 and gave the company a “hold” rating in a research note on Friday, January 31st. Morgan Stanley lifted their price target on shares of Oshkosh from $98.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Monday, February 3rd. Robert W. Baird reduced their price objective on shares of Oshkosh from $171.00 to $160.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. Finally, KeyCorp boosted their target price on Oshkosh from $113.00 to $132.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Oshkosh presently has an average rating of “Moderate Buy” and a consensus price target of $125.00.

Oshkosh Trading Down 1.0 %

Shares of NYSE:OSK opened at $110.44 on Friday. The company has a market capitalization of $7.19 billion, a PE ratio of 10.67, a P/E/G ratio of 1.97 and a beta of 1.22. Oshkosh Co. has a 12-month low of $89.08 and a 12-month high of $127.98. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14. The business’s fifty day simple moving average is $99.58 and its 200-day simple moving average is $103.12.

Oshkosh (NYSE:OSK) last released its earnings results on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. As a group, equities research analysts predict that Oshkosh Co. will post 11 earnings per share for the current fiscal year.

Oshkosh Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Oshkosh’s previous quarterly dividend of $0.46. Oshkosh’s dividend payout ratio is 17.78%.

About Oshkosh

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.