Kennedy Capital Management LLC Increases Position in Oshkosh Corporation $OSK

Kennedy Capital Management LLC lifted its position in shares of Oshkosh Corporation (NYSE:OSK) by 41.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 195,276 shares of the company’s stock after buying an additional 56,928 shares during the period. Kennedy Capital Management LLC owned 0.31% of Oshkosh worth $24,533,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Abich Financial Wealth Management LLC purchased a new position in shares of Oshkosh during the third quarter valued at approximately $29,000. Torren Management LLC purchased a new position in shares of Oshkosh during the fourth quarter valued at approximately $30,000. V Square Quantitative Management LLC purchased a new position in shares of Oshkosh during the fourth quarter valued at approximately $44,000. Lodestone Wealth Management LLC purchased a new position in shares of Oshkosh during the fourth quarter valued at approximately $47,000. Finally, Basepoint Wealth LLC purchased a new position in shares of Oshkosh during the fourth quarter valued at approximately $51,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Insider Buying and Selling

In related news, Director Duncan Palmer sold 505 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total value of $67,599.30. Following the transaction, the director owned 39,684 shares in the company, valued at approximately $5,312,100.24. This trade represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.64% of the company’s stock.

Oshkosh Price Performance

OSK opened at $135.10 on Friday. The company’s 50 day simple moving average is $139.43 and its 200 day simple moving average is $144.63. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.63. Oshkosh Corporation has a 1 year low of $106.37 and a 1 year high of $180.49. The stock has a market capitalization of $8.42 billion, a PE ratio of 15.04, a P/E/G ratio of 0.66 and a beta of 1.26.

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

Oshkosh Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th were issued a $0.57 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $2.28 annualized dividend and a yield of 1.7%. Oshkosh’s dividend payout ratio (DPR) is presently 25.39%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on OSK shares. Raymond James Financial reissued an “outperform” rating and set a $175.00 price objective on shares of Oshkosh in a research note on Monday, March 2nd. Weiss Ratings raised shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. Wells Fargo & Company raised their target price on shares of Oshkosh from $168.00 to $204.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 25th. JPMorgan Chase & Co. decreased their target price on shares of Oshkosh from $158.00 to $145.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Finally, Wall Street Zen cut shares of Oshkosh from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Eleven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Oshkosh has a consensus rating of “Moderate Buy” and a consensus price target of $165.38.

Oshkosh Company 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.