Brokerages Set Oshkosh Corporation (NYSE:OSK) Price Target at $171.33

Oshkosh Corporation (NYSE:OSK) has been given an average rating of “Moderate Buy” by the seventeen brokerages that are currently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $170.7143.

A number of analysts have recently issued reports on OSK shares. Robert W. Baird increased their price target on shares of Oshkosh from $172.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Zacks Research upgraded shares of Oshkosh from a “strong sell” rating to a “hold” rating in a research note on Friday, August 21st. DA Davidson increased their target price on shares of Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Morgan Stanley decreased their target price on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. Finally, Wall Street Zen upgraded Oshkosh from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd.

Oshkosh Price Performance

OSK opened at $154.37 on Tuesday. The firm has a market capitalization of $9.53 billion, a P/E ratio of 17.66, a PEG ratio of 0.94 and a beta of 1.25. The stock has a fifty day moving average of $149.34 and a 200-day moving average of $148.14. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13. Oshkosh has a 12-month low of $116.77 and a 12-month high of $180.49.

Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.24. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same period in the prior year, the business earned $3.41 EPS. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Equities analysts forecast that Oshkosh will post 10.72 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 1.5%. The ex-dividend date was Thursday, August 13th. Oshkosh’s dividend payout ratio is presently 26.09%.

Institutional Investors Weigh In On Oshkosh

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Tower View Wealth Management LLC bought a new stake in Oshkosh during the first quarter worth $29,000. Torren Management LLC bought a new position in shares of Oshkosh in the 4th quarter valued at about $30,000. Fiduciary Financial Advisors acquired a new position in shares of Oshkosh during the 2nd quarter worth about $38,000. Basepoint Wealth LLC acquired a new position in shares of Oshkosh during the 4th quarter worth about $51,000. Finally, Global Retirement Partners LLC lifted its stake in Oshkosh by 284.9% in the 4th quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock valued at $51,000 after purchasing an additional 302 shares during the last quarter. Institutional investors own 92.36% 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.