Duncan Palmer Sells 505 Shares of Oshkosh (NYSE:OSK) Stock

Oshkosh Corporation (NYSE:OSK) Director Duncan Palmer sold 505 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total value of $67,599.30. Following the transaction, the director directly owned 39,684 shares in the company, valued at approximately $5,312,100.24. The trade was a 1.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Oshkosh Price Performance

OSK opened at $125.77 on Friday. The stock’s 50-day moving average price is $147.81 and its 200 day moving average price is $144.12. Oshkosh Corporation has a 12-month low of $96.03 and a 12-month high of $180.49. The company has a current ratio of 1.63, a quick ratio of 0.83 and a debt-to-equity ratio of 0.13. The firm has a market cap of $7.84 billion, a price-to-earnings ratio of 14.01, a PEG ratio of 0.61 and a beta of 1.33.

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 analyst estimates of $2.29 billion. During the same period in the previous year, the company posted $1.92 EPS. Oshkosh’s revenue was up .2% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. As a group, sell-side analysts expect that Oshkosh Corporation will post 11 earnings per share for the current year.

Oshkosh Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th will be given a $0.57 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.28 dividend on an annualized basis and a yield of 1.8%. Oshkosh’s dividend payout ratio (DPR) is currently 25.39%.

Institutional Investors Weigh In On Oshkosh

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its position in shares of Oshkosh by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,051,511 shares of the company’s stock worth $449,166,000 after acquiring an additional 46,306 shares in the last quarter. LSV Asset Management raised its position in shares of Oshkosh by 0.9% during the 4th quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock worth $240,427,000 after acquiring an additional 17,944 shares in the last quarter. Invesco Ltd. raised its position in shares of Oshkosh by 20.4% during the 4th quarter. Invesco Ltd. now owns 1,777,735 shares of the company’s stock worth $223,337,000 after acquiring an additional 300,766 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Oshkosh by 25.4% during the 2nd quarter. AQR Capital Management LLC now owns 1,709,338 shares of the company’s stock worth $193,728,000 after acquiring an additional 345,782 shares in the last quarter. Finally, Southpoint Capital Advisors LP acquired a new stake in shares of Oshkosh during the 4th quarter worth about $175,882,000. Institutional investors and hedge funds own 92.36% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. reduced their price target on Oshkosh from $158.00 to $145.00 and set a “neutral” rating on the stock in a research report on Monday. Sanford C. Bernstein set a $138.00 price target on Oshkosh in a research report on Thursday, April 9th. UBS Group increased their price target on Oshkosh from $167.00 to $197.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Morgan Stanley reduced their price target on Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Finally, Wall Street Zen raised Oshkosh from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Ten investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $165.38.

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.