Pzena Investment Management LLC Makes New Investment in Oshkosh Corporation $OSK

Pzena Investment Management LLC bought a new stake in shares of Oshkosh Corporation (NYSE:OSK) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 415,766 shares of the company’s stock, valued at approximately $63,812,000. Pzena Investment Management LLC owned about 0.67% of Oshkosh at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Thrivent Financial for Lutherans lifted its holdings in Oshkosh by 1,945.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company’s stock valued at $53,468,000 after purchasing an additional 404,788 shares in the last quarter. Y Intercept Hong Kong Ltd grew its holdings in shares of Oshkosh by 84.7% during the first 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 in the last quarter. California State Teachers Retirement System grew its holdings in shares of Oshkosh by 21.9% during the first quarter. California State Teachers Retirement System now owns 74,153 shares of the company’s stock worth $10,916,000 after buying an additional 13,344 shares in the last quarter. LSV Asset Management raised its position in shares of Oshkosh by 0.9% in the fourth quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock valued at $240,427,000 after buying an additional 17,944 shares during the last quarter. Finally, Kingsview Wealth Management LLC acquired a new stake in shares of Oshkosh in the fourth quarter valued at about $7,432,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Truist Financial boosted their price target on shares of Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. DA Davidson increased their price objective on shares of Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings upgraded shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. JPMorgan Chase & Co. raised their target price on shares of Oshkosh from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Finally, Zacks Research cut Oshkosh from a “hold” rating to a “strong sell” rating in a report on Thursday, July 23rd. Eleven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $171.33.

Oshkosh Trading Up 0.7%

Shares of OSK opened at $153.97 on Tuesday. 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 firm has a 50-day moving average price of $146.03 and a 200 day moving average price of $148.19. The firm has a market capitalization of $9.51 billion, a P/E ratio of 17.62, a P/E/G ratio of 0.94 and a beta of 1.25.

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

Oshkosh Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be issued a dividend of $0.57 per share. The ex-dividend date is Thursday, August 13th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.5%. Oshkosh’s dividend payout ratio (DPR) is currently 26.09%.

Oshkosh 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.