Atria Investments Inc Increases Stock Position in Oshkosh Co. (NYSE:OSK)

Atria Investments Inc lifted its holdings in Oshkosh Co. (NYSE:OSK) by 4.9% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 16,429 shares of the company’s stock after acquiring an additional 760 shares during the quarter. Atria Investments Inc’s holdings in Oshkosh were worth $1,646,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC bought a new stake in shares of Oshkosh during the third quarter valued at approximately $25,000. Headlands Technologies LLC bought a new position in Oshkosh during the 1st quarter valued at approximately $31,000. Bessemer Group Inc. raised its stake in Oshkosh by 280.6% during the first quarter. Bessemer Group Inc. now owns 392 shares of the company’s stock valued at $49,000 after buying an additional 289 shares during the last quarter. Versant Capital Management Inc boosted its holdings in Oshkosh by 5,563.6% in the second quarter. Versant Capital Management Inc now owns 623 shares of the company’s stock worth $67,000 after acquiring an additional 612 shares in the last quarter. Finally, Eagle Bay Advisors LLC grew its stake in shares of Oshkosh by 547.6% in the second quarter. Eagle Bay Advisors LLC now owns 667 shares of the company’s stock worth $72,000 after acquiring an additional 564 shares during the last quarter. Institutional investors own 92.36% of the company’s stock.

Oshkosh Trading Down 2.3 %

Shares of Oshkosh stock opened at $108.60 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.46 and a debt-to-equity ratio of 0.15. The firm has a market cap of $7.07 billion, a price-to-earnings ratio of 10.54, a PEG ratio of 1.08 and a beta of 1.18. Oshkosh Co. has a twelve month low of $93.34 and a twelve month high of $127.98. The business has a 50-day moving average price of $103.91 and a 200-day moving average price of $107.09.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Wednesday, October 30th. The company reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $0.06. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.63 billion. Equities research analysts anticipate that Oshkosh Co. will post 11.35 EPS for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date is Friday, November 15th. Oshkosh’s payout ratio is 17.86%.

Analysts Set New Price Targets

OSK has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Oshkosh from $120.00 to $125.00 and gave the company a “neutral” rating in a research report on Monday, October 14th. Robert W. Baird cut their price target on shares of Oshkosh from $171.00 to $160.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Evercore ISI decreased their price objective on shares of Oshkosh from $137.00 to $119.00 and set an “outperform” rating for the company in a report on Monday, August 19th. Truist Financial reduced their target price on Oshkosh from $126.00 to $114.00 and set a “hold” rating for the company in a report on Wednesday, October 9th. Finally, Stifel Nicolaus dropped their price objective on Oshkosh from $140.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $123.14.

Oshkosh Company Profile

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.