Alpha DNA Investment Management LLC Has $398,000 Stock Position in Oshkosh Co. (NYSE:OSK)

Alpha DNA Investment Management LLC decreased its position in shares of Oshkosh Co. (NYSE:OSK) by 27.8% in the 4th quarter, HoldingsChannel reports. The fund owned 4,187 shares of the company’s stock after selling 1,609 shares during the period. Alpha DNA Investment Management LLC’s holdings in Oshkosh were worth $398,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of OSK. Synovus Financial Corp raised its holdings in Oshkosh by 0.4% during the fourth quarter. Synovus Financial Corp now owns 30,357 shares of the company’s stock worth $2,886,000 after buying an additional 106 shares during the last quarter. Blue Trust Inc. lifted its position in Oshkosh by 108.7% in the 4th quarter. Blue Trust Inc. now owns 265 shares of the company’s stock valued at $27,000 after acquiring an additional 138 shares in the last quarter. Carolina Wealth Advisors LLC boosted its stake in Oshkosh by 2.5% during the 4th quarter. Carolina Wealth Advisors LLC now owns 6,062 shares of the company’s stock valued at $576,000 after purchasing an additional 146 shares during the last quarter. Private Advisor Group LLC increased its holdings in Oshkosh by 4.0% during the 4th quarter. Private Advisor Group LLC now owns 3,923 shares of the company’s stock worth $373,000 after purchasing an additional 152 shares in the last quarter. Finally, V Square Quantitative Management LLC lifted its holdings in shares of Oshkosh by 64.1% in the fourth quarter. V Square Quantitative Management LLC now owns 402 shares of the company’s stock valued at $38,000 after purchasing an additional 157 shares in the last quarter. 92.36% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on OSK. UBS Group lowered their price target on Oshkosh from $137.00 to $97.00 and set a “buy” rating for the company in a research report on Monday, April 7th. KeyCorp decreased their price objective on shares of Oshkosh from $132.00 to $120.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Citigroup decreased their price target on Oshkosh from $130.00 to $95.00 and set a “buy” rating for the company in a research report on Tuesday, April 8th. JPMorgan Chase & Co. reduced their price objective on Oshkosh from $117.00 to $100.00 and set a “neutral” rating for the company in a research note on Monday, April 14th. Finally, Evercore ISI boosted their price target on shares of Oshkosh from $122.00 to $137.00 and gave the stock an “outperform” rating in a report on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $114.62.

Oshkosh Stock Down 0.1 %

OSK opened at $84.42 on Friday. The company has a 50 day moving average of $95.56 and a 200 day moving average of $100.55. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14. Oshkosh Co. has a 12 month low of $76.82 and a 12 month high of $125.00. The company has a market cap of $5.46 billion, a PE ratio of 8.16, a price-to-earnings-growth ratio of 1.45 and a beta of 1.26.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. On average, sell-side analysts expect that Oshkosh Co. will post 10.96 EPS for the current year.

Oshkosh Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date was Friday, February 14th. This is a positive change from Oshkosh’s previous quarterly dividend of $0.46. Oshkosh’s dividend payout ratio is 19.71%.

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.