8,505 Shares in Oshkosh Corporation $OSK Acquired by Weiss Asset Management LP

Weiss Asset Management LP bought a new position in shares of Oshkosh Corporation (NYSE:OSK) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,505 shares of the company’s stock, valued at approximately $1,252,000.

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

Oshkosh Stock Down 0.4%

OSK opened at $154.51 on Tuesday. The company has a fifty day moving average of $139.28 and a two-hundred day moving average of $148.14. The stock has a market capitalization of $9.63 billion, a price-to-earnings ratio of 17.21, a PEG ratio of 0.77 and a beta of 1.23. Oshkosh Corporation has a fifty-two week low of $116.77 and a fifty-two week high of $180.49. 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 (NYSE:OSK) last posted 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 firm had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.29 billion. During the same period in the previous year, the company earned $1.92 earnings per share. The company’s revenue was up .2% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, research analysts expect that Oshkosh Corporation will post 10.87 earnings per share for the current year.

Oshkosh Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th were given a dividend of $0.57 per share. The ex-dividend date was Tuesday, May 26th. This represents a $2.28 dividend on an annualized basis and a yield of 1.5%. Oshkosh’s dividend payout ratio is currently 25.39%.

Analysts Set New Price Targets

A number of research firms recently commented on OSK. Wall Street Zen cut shares of Oshkosh from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Truist Financial lifted their target price on Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Citigroup cut shares of Oshkosh from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $180.00 to $170.00 in a report on Monday, April 13th. Zacks Research downgraded shares of Oshkosh from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 23rd. Finally, Sanford C. Bernstein set a $138.00 price target on Oshkosh in a research report on Thursday, April 9th. Eleven investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $168.60.

Insider Transactions at Oshkosh

In other Oshkosh news, Director Duncan Palmer sold 505 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total value of $67,599.30. Following the sale, the director directly owned 39,684 shares of the company’s stock, valued at approximately $5,312,100.24. This trade represents a 1.26% decrease in their ownership of the stock. The sale 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. Corporate insiders own 0.64% of the company’s stock.

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.