Oshkosh (NYSE:OSK) Director Duncan Palmer Sells 505 Shares

Oshkosh Corporation (NYSE:OSK) Director Duncan Palmer sold 505 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total transaction of $67,599.30. Following the completion of the sale, the director owned 39,684 shares of the company’s stock, valued at $5,312,100.24. This trade represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Oshkosh Price Performance

OSK traded down $4.57 on Wednesday, hitting $126.75. 462,972 shares of the company were exchanged, compared to its average volume of 754,523. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.63. The business’s fifty day moving average is $149.59 and its 200 day moving average is $144.32. Oshkosh Corporation has a fifty-two week low of $96.03 and a fifty-two week high of $180.49. The firm has a market capitalization of $7.90 billion, a P/E ratio of 14.07, a price-to-earnings-growth ratio of 0.69 and a beta of 1.33.

Oshkosh (NYSE:OSK) last issued its earnings results on Friday, May 8th. The company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.19). The company had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.29 billion. Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.92 earnings per share. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. As a group, sell-side analysts anticipate that Oshkosh Corporation will post 11.1 EPS for the current year.

Oshkosh Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, May 26th. Oshkosh’s payout ratio is presently 25.39%.

Analyst Upgrades and Downgrades

OSK has been the topic of a number of research analyst reports. UBS Group boosted their target price on Oshkosh from $167.00 to $197.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. 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. Bank of America upgraded Oshkosh from an “underperform” rating to a “neutral” rating and set a $149.00 target price on the stock in a research report on Tuesday, February 3rd. Wall Street Zen upgraded Oshkosh from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Finally, Evercore reiterated an “outperform” rating and set a $181.00 target price on shares of Oshkosh in a research report on Monday. Ten research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Oshkosh has a consensus rating of “Moderate Buy” and an average price target of $165.38.

Hedge Funds Weigh In On Oshkosh

A number of institutional investors have recently made changes to their positions in OSK. World Investment Advisors increased its holdings in Oshkosh by 4.7% in the 1st quarter. World Investment Advisors now owns 1,809 shares of the company’s stock valued at $266,000 after buying an additional 82 shares during the period. IFP Advisors Inc boosted its holdings in Oshkosh by 11.7% during the fourth quarter. IFP Advisors Inc now owns 838 shares of the company’s stock valued at $105,000 after purchasing an additional 88 shares in the last quarter. Personal CFO Solutions LLC boosted its holdings in Oshkosh by 4.8% during the first quarter. Personal CFO Solutions LLC now owns 1,992 shares of the company’s stock valued at $293,000 after purchasing an additional 92 shares in the last quarter. Groupama Asset Managment boosted its holdings in Oshkosh by 1.7% during the fourth quarter. Groupama Asset Managment now owns 5,409 shares of the company’s stock valued at $680,000 after purchasing an additional 93 shares in the last quarter. Finally, Whittier Trust Co. boosted its holdings in shares of Oshkosh by 33.7% in the 1st quarter. Whittier Trust Co. now owns 373 shares of the company’s stock worth $55,000 after acquiring an additional 94 shares in the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

About Oshkosh

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.