GHP Investment Advisors Inc. Has $5.92 Million Position in Oshkosh Corporation $OSK

GHP Investment Advisors Inc. grew its holdings in Oshkosh Corporation (NYSE:OSK) by 11.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 47,104 shares of the company’s stock after purchasing an additional 4,696 shares during the quarter. GHP Investment Advisors Inc. owned about 0.07% of Oshkosh worth $5,918,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Sivia Capital Partners LLC boosted its stake in Oshkosh by 2.8% in the third quarter. Sivia Capital Partners LLC now owns 2,946 shares of the company’s stock worth $382,000 after purchasing an additional 81 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Oshkosh by 6.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,763 shares of the company’s stock worth $200,000 after purchasing an additional 100 shares in the last quarter. First Business Financial Services Inc. boosted its stake in Oshkosh by 0.9% in the third quarter. First Business Financial Services Inc. now owns 11,845 shares of the company’s stock worth $1,536,000 after purchasing an additional 103 shares in the last quarter. New Wave Wealth Advisors LLC boosted its stake in Oshkosh by 5.8% in the fourth quarter. New Wave Wealth Advisors LLC now owns 1,924 shares of the company’s stock worth $242,000 after purchasing an additional 106 shares in the last quarter. Finally, Brighton Jones LLC raised its position in shares of Oshkosh by 1.9% during the third quarter. Brighton Jones LLC now owns 6,212 shares of the company’s stock worth $806,000 after acquiring an additional 114 shares during the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Analyst Ratings Changes

OSK has been the subject of a number of recent research reports. Bank of America upgraded Oshkosh from an “underperform” rating to a “neutral” rating and set a $149.00 target price for the company in a research report on Tuesday, February 3rd. Truist Financial set a $183.00 target price on Oshkosh in a research report on Friday, January 30th. JPMorgan Chase & Co. dropped their target price on Oshkosh from $182.00 to $158.00 and set a “neutral” rating for the company in a research report on Friday, April 10th. Raymond James Financial restated an “outperform” rating and set a $175.00 target price on shares of Oshkosh in a research report on Monday, March 2nd. Finally, DA Davidson boosted their target price on Oshkosh from $160.00 to $168.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Twelve investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Oshkosh has a consensus rating of “Moderate Buy” and an average target price of $165.56.

Oshkosh Trading Up 2.7%

OSK stock opened at $147.70 on Friday. The company has a market cap of $9.25 billion, a P/E ratio of 14.74, a PEG ratio of 0.74 and a beta of 1.39. Oshkosh Corporation has a twelve month low of $80.29 and a twelve month high of $180.49. The company has a quick ratio of 1.05, a current ratio of 1.94 and a debt-to-equity ratio of 0.24. The business has a fifty day moving average of $156.82 and a 200-day moving average of $142.53.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Thursday, January 29th. The company reported $2.26 EPS for the quarter, missing analysts’ consensus estimates of $2.33 by ($0.07). The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.60 billion. Oshkosh had a net margin of 6.21% and a return on equity of 15.69%. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.58 EPS. As a group, equities research analysts expect that Oshkosh Corporation will post 10.96 EPS for the current year.

Oshkosh Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were issued a $0.57 dividend. This is a boost from Oshkosh’s previous quarterly dividend of $0.51. This represents a $2.28 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Tuesday, February 17th. Oshkosh’s dividend payout ratio is currently 22.75%.

Insider Buying and Selling

In related news, SVP Anupam Khare sold 4,000 shares of the company’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $169.07, for a total value of $676,280.00. Following the completion of the sale, the senior vice president owned 13,577 shares in the company, valued at approximately $2,295,463.39. This represents a 22.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.64% of the company’s stock.

Oshkosh Profile

Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.