Future Fund LLC Boosts Holdings in Oshkosh Corporation $OSK

Future Fund LLC boosted its holdings in shares of Oshkosh Corporation (NYSE:OSK) by 46.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,846 shares of the company’s stock after acquiring an additional 6,930 shares during the period. Future Fund LLC’s holdings in Oshkosh were worth $3,216,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Southpoint Capital Advisors LP purchased a new position in shares of Oshkosh during the 4th quarter worth approximately $175,882,000. Norges Bank purchased a new stake in Oshkosh in the 4th quarter valued at approximately $127,907,000. First Trust Advisors LP lifted its stake in Oshkosh by 408.7% in the 4th quarter. First Trust Advisors LP now owns 1,213,804 shares of the company’s stock valued at $152,490,000 after buying an additional 975,206 shares in the last quarter. Alliancebernstein L.P. grew its holdings in Oshkosh by 908.0% during the 3rd quarter. Alliancebernstein L.P. now owns 913,497 shares of the company’s stock valued at $118,481,000 after buying an additional 822,874 shares during the last quarter. Finally, Capital Research Global Investors grew its holdings in Oshkosh by 143.9% during the 4th quarter. Capital Research Global Investors now owns 1,193,156 shares of the company’s stock valued at $149,896,000 after buying an additional 704,022 shares during the last quarter. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on OSK shares. Truist Financial boosted their price target on Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Morgan Stanley decreased their price objective on Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 12th. Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Evercore reiterated an “outperform” rating and set a $181.00 price objective on shares of Oshkosh in a research report on Monday, May 11th. Finally, Wall Street Zen downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Eleven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $168.60.

Oshkosh Trading Down 2.3%

Shares of OSK opened at $143.41 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 market capitalization of $8.94 billion, a P/E ratio of 15.97, a price-to-earnings-growth ratio of 0.73 and a beta of 1.23. The stock’s fifty day simple moving average is $136.49 and its 200 day simple moving average is $147.26. Oshkosh Corporation has a twelve month low of $116.77 and a twelve month high of $180.49.

Oshkosh (NYSE:OSK) last issued its earnings results on Friday, May 8th. The company reported $0.85 earnings per share 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%. Oshkosh’s revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.92 EPS. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, equities research analysts forecast that Oshkosh Corporation will post 10.87 earnings per share for the current year.

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were paid a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, May 26th. Oshkosh’s payout ratio is currently 25.39%.

Insider Activity

In other 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 sale, the director owned 39,684 shares in the company, valued at approximately $5,312,100.24. The trade was a 1.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.64% of the company’s stock.

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.