Oshkosh Corporation $OSK Position Increased by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. boosted its position in shares of Oshkosh Corporation (NYSE:OSK) by 178.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 67,588 shares of the company’s stock after purchasing an additional 43,329 shares during the period. Jupiter Asset Management Ltd.’s holdings in Oshkosh were worth $8,491,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Moors & Cabot Inc. raised its stake in shares of Oshkosh by 22.1% during the 4th quarter. Moors & Cabot Inc. now owns 2,097 shares of the company’s stock worth $263,000 after purchasing an additional 379 shares in the last quarter. Intech Investment Management LLC grew its stake in shares of Oshkosh by 25.2% in the 4th quarter. Intech Investment Management LLC now owns 22,440 shares of the company’s stock valued at $2,819,000 after buying an additional 4,522 shares in the last quarter. IFG Advisory LLC grew its stake in shares of Oshkosh by 4.8% in the 4th quarter. IFG Advisory LLC now owns 48,083 shares of the company’s stock valued at $6,041,000 after buying an additional 2,199 shares in the last quarter. Kingsview Wealth Management LLC acquired a new position in Oshkosh in the fourth quarter worth approximately $7,432,000. Finally, Fidelis Capital Partners LLC bought a new position in Oshkosh during the fourth quarter valued at approximately $227,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Insider Activity at Oshkosh

In related news, Director Duncan Palmer sold 505 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total transaction of $67,599.30. Following the completion of the transaction, the director owned 39,684 shares of the company’s stock, valued at approximately $5,312,100.24. The trade was a 1.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Evercore reissued an “outperform” rating and issued a $181.00 target price on shares of Oshkosh in a research report on Monday, May 11th. Bank of America raised shares of Oshkosh from an “underperform” rating to a “neutral” rating and set a $149.00 price objective for the company in a research note on Tuesday, February 3rd. Sanford C. Bernstein set a $138.00 target price on shares of Oshkosh in a research report on Thursday, April 9th. Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Finally, Truist Financial reaffirmed a “hold” rating and issued a $176.00 price target (down from $183.00) on shares of Oshkosh in a research report on Monday, May 11th. Eleven analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, Oshkosh currently has a consensus rating of “Moderate Buy” and a consensus price target of $165.38.

Oshkosh Price Performance

Shares of Oshkosh stock opened at $130.20 on Friday. The company has a current ratio of 1.63, a quick ratio of 0.83 and a debt-to-equity ratio of 0.13. The firm has a fifty day simple moving average of $141.92 and a 200-day simple moving average of $144.01. The stock has a market capitalization of $8.12 billion, a price-to-earnings ratio of 14.50, a PEG ratio of 0.63 and a beta of 1.33. Oshkosh Corporation has a 1-year low of $97.28 and a 1-year high of $180.49.

Oshkosh (NYSE:OSK) last posted its earnings results on Friday, May 8th. The company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). The firm had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.29 billion. Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.92 earnings per share. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, sell-side analysts expect that Oshkosh Corporation will post 11 earnings per share for the current year.

Oshkosh Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, May 26th. Oshkosh’s dividend payout ratio (DPR) is currently 25.39%.

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.