Caitlin John LLC Sells 427 Shares of Oshkosh Corporation $OSK

Caitlin John LLC lowered its position in Oshkosh Corporation (NYSE:OSK) by 12.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,875 shares of the company’s stock after selling 427 shares during the period. Caitlin John LLC’s holdings in Oshkosh were worth $270,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Bragg Financial Advisors Inc increased its stake in Oshkosh by 1.5% in the 1st quarter. Bragg Financial Advisors Inc now owns 233,676 shares of the company’s stock worth $21,984,000 after buying an additional 3,540 shares in the last quarter. Kaufman Rossin Wealth LLC purchased a new stake in Oshkosh in the 1st quarter worth $235,000. Candriam S.C.A. purchased a new stake in Oshkosh in the 1st quarter worth $264,000. Fuller & Thaler Asset Management Inc. purchased a new stake in Oshkosh in the 1st quarter worth $54,860,000. Finally, Northern Trust Corp increased its stake in Oshkosh by 2.9% in the 1st quarter. Northern Trust Corp now owns 674,682 shares of the company’s stock worth $63,474,000 after buying an additional 19,118 shares in the last quarter. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Oshkosh Stock Up 3.5%

Shares of NYSE:OSK opened at $141.9340 on Friday. The company has a current ratio of 1.84, a quick ratio of 0.92 and a debt-to-equity ratio of 0.25. Oshkosh Corporation has a 12 month low of $76.82 and a 12 month high of $142.93. The company has a 50-day moving average price of $125.98 and a 200 day moving average price of $107.04. The company has a market cap of $9.08 billion, a price-to-earnings ratio of 14.25, a PEG ratio of 1.71 and a beta of 1.43.

Oshkosh (NYSE:OSK) last announced its quarterly earnings results on Friday, August 1st. The company reported $3.41 EPS for the quarter, beating analysts’ consensus estimates of $2.98 by $0.43. Oshkosh had a net margin of 6.25% and a return on equity of 16.70%. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.67 billion. During the same quarter last year, the firm earned $3.34 EPS. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. Oshkosh has set its FY 2025 guidance at 11.000-11.000 EPS. As a group, equities research analysts predict that Oshkosh Corporation will post 10.96 earnings per share for the current year.

Oshkosh Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Tuesday, August 19th will be issued a $0.51 dividend. The ex-dividend date of this dividend is Tuesday, August 19th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.4%. Oshkosh’s dividend payout ratio (DPR) is presently 20.48%.

Insider Activity at Oshkosh

In related news, CMO Bryan K. Brandt sold 1,732 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $140.37, for a total value of $243,120.84. Following the completion of the transaction, the chief marketing officer owned 10,459 shares of the company’s stock, valued at approximately $1,468,129.83. This trade represents a 14.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.55% of the company’s stock.

Wall Street Analyst Weigh In

OSK has been the subject of a number of analyst reports. Truist Financial upgraded Oshkosh from a “hold” rating to a “buy” rating and increased their price target for the stock from $93.00 to $127.00 in a research note on Tuesday, June 3rd. UBS Group set a $164.00 price target on Oshkosh and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Robert W. Baird increased their price target on Oshkosh from $169.00 to $188.00 and gave the stock an “outperform” rating in a research note on Monday, August 4th. Wall Street Zen raised shares of Oshkosh from a “hold” rating to a “buy” rating in a report on Friday. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Oshkosh in a report on Friday, June 6th. Nine equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Oshkosh currently has a consensus rating of “Moderate Buy” and an average price target of $133.08.

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.