One Way Holdings LLC Buys New Holdings in Oshkosh Corporation $OSK

One Way Holdings LLC purchased a new stake in shares of Oshkosh Corporation (NYSE:OSK) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 123,433 shares of the company’s stock, valued at approximately $15,901,000. One Way Holdings LLC owned about 0.20% of Oshkosh at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in OSK. Mirae Asset Global Investments Co. Ltd. bought a new stake in Oshkosh in the third quarter worth $77,000. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Oshkosh by 16.3% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 25,700 shares of the company’s stock valued at $3,311,000 after acquiring an additional 3,600 shares during the last quarter. Parcion Private Wealth LLC boosted its holdings in Oshkosh by 4.4% during the 3rd quarter. Parcion Private Wealth LLC now owns 8,894 shares of the company’s stock valued at $1,146,000 after acquiring an additional 374 shares during the period. Choreo LLC purchased a new stake in Oshkosh during the 3rd quarter valued at about $240,000. Finally, D.A. Davidson & CO. grew its position in Oshkosh by 7.4% during the 3rd quarter. D.A. Davidson & CO. now owns 42,435 shares of the company’s stock worth $5,467,000 after acquiring an additional 2,921 shares during the last quarter. 92.36% of the stock is currently owned by institutional investors.

Oshkosh Trading Down 0.4%

NYSE OSK opened at $139.37 on Monday. 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 1.00 and a current ratio of 1.72. The stock has a 50 day simple moving average of $139.82 and a two-hundred day simple moving average of $146.40. The stock has a market cap of $8.60 billion, a P/E ratio of 17.60, a price-to-earnings-growth ratio of 1.25 and a beta of 1.26.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Thursday, October 29th. The company reported $2.41 earnings per share for the quarter, missing analysts’ consensus estimates of $3.06 by ($0.65). The business had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.94 billion. Oshkosh had a return on equity of 11.69% and a net margin of 4.63%. Oshkosh’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.20 earnings per share. On average, analysts forecast that Oshkosh Corporation will post 8.94 earnings per share for the current year.

Oshkosh Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, November 16th. Oshkosh’s dividend payout ratio is presently 28.79%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Oshkosh in a research note on Friday, October 9th. DA Davidson raised their target price on shares of Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Citigroup decreased their target price on shares of Oshkosh from $155.00 to $135.00 and set a “neutral” rating on the stock in a research note on Monday, October 12th. Zacks Research lowered shares of Oshkosh from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 13th. Finally, JPMorgan Chase & Co. increased their price target on shares of Oshkosh from $132.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday. 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, Oshkosh has a consensus rating of “Moderate Buy” and an average price target of $165.79.

Insider Buying and Selling

In other Oshkosh news, Director John Pfeifer sold 778 shares of Oshkosh stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $150.00, for a total transaction of $116,700.00. Following the sale, the director directly owned 150,669 shares of the company’s stock, valued at approximately $22,600,350. The trade was a 0.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by company insiders.

Oshkosh Profile

Oshkosh Corporation (NYSE: OSK) is a manufacturer of specialty vehicles, vehicle bodies and related equipment for commercial, government and industrial customers. The company serves markets that require purpose-built vehicles designed for demanding operating conditions, including defense, emergency response, construction, aviation support and municipal services.

Oshkosh’s product portfolio includes military vehicles and systems, fire apparatus, airport rescue and firefighting vehicles, refuse collection vehicles, concrete mixers, snow and ice removal equipment, and other vocational trucks.