Oshkosh (NYSE:OSK) Director Sells $116,700.00 in Stock

Oshkosh Corporation (NYSE:OSK) Director John Pfeifer sold 778 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $150.00, for a total transaction of $116,700.00. Following the transaction, the director owned 150,669 shares in the company, valued at approximately $22,600,350. This trade represents a 0.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Oshkosh Trading Down 0.1%

NYSE:OSK opened at $144.97 on Friday. The company has a current ratio of 1.72, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13. Oshkosh Corporation has a 12 month low of $116.77 and a 12 month high of $180.49. The company has a market cap of $8.95 billion, a PE ratio of 16.59, a price-to-earnings-growth ratio of 1.07 and a beta of 1.27. The company has a 50 day simple moving average of $150.67 and a two-hundred day simple moving average of $145.76.

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

Oshkosh Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Thursday, August 13th. Oshkosh’s payout ratio is currently 26.09%.

Wall Street Analyst Weigh In

OSK has been the topic of several recent research reports. DA Davidson increased their price objective on shares of Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Truist Financial boosted their target price on shares of Oshkosh from $176.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Zacks Research raised shares of Oshkosh from a “strong sell” rating to a “hold” rating in a report on Friday, August 21st. JPMorgan Chase & Co. increased their price target on shares of Oshkosh from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings upgraded shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $170.71.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Jupiter Topco LLC purchased a new stake in shares of Oshkosh in the second quarter worth $6,218,000. Expect Equity LLC purchased a new position in shares of Oshkosh during the 2nd quarter valued at $3,565,000. Paralel Advisors LLC bought a new position in Oshkosh in the 2nd quarter worth $2,409,000. Y Intercept Hong Kong Ltd boosted its holdings in Oshkosh by 84.7% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 54,593 shares of the company’s stock worth $8,037,000 after buying an additional 25,037 shares during the period. Finally, LSV Asset Management increased its stake in Oshkosh by 0.9% in the 4th quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock worth $240,427,000 after buying an additional 17,944 shares in the last quarter. 92.36% of the stock is currently owned by institutional investors.

About Oshkosh

Oshkosh Corporation (NYSE: OSK) is a manufacturer of specialty vehicles and equipment headquartered in Oshkosh, Wisconsin. Founded in 1917, the company serves commercial, government and municipal customers in markets that require purpose-built vehicles for demanding operating environments.

Oshkosh operates through businesses focused on access equipment, defense, fire apparatus and vocational vehicles. Its products include aerial work platforms and other equipment used in construction and industrial applications; tactical vehicles, trailers and related systems for defense and security customers; fire trucks, airport rescue vehicles and emergency response equipment; and vocational vehicles for refuse collection, concrete placement, snow removal and other specialized tasks.

The company serves customers in North America and international markets through a combination of manufacturing operations, dealerships, distributors and direct sales.