Mach 1 Financial Group LLC Buys New Stake in Oshkosh Corporation $OSK

Mach 1 Financial Group LLC bought a new stake in Oshkosh Corporation (NYSE:OSK) in the 4th quarter, Holdings Channel.com reports. The fund bought 3,960 shares of the company’s stock, valued at approximately $497,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Leonteq Securities AG acquired a new stake in Oshkosh in the 4th quarter valued at approximately $516,000. IFP Advisors Inc grew its position in Oshkosh by 11.7% in the 4th quarter. IFP Advisors Inc now owns 838 shares of the company’s stock valued at $105,000 after acquiring an additional 88 shares in the last quarter. Midwest Professional Planners LTD. grew its position in Oshkosh by 6.8% in the 4th quarter. Midwest Professional Planners LTD. now owns 31,289 shares of the company’s stock valued at $3,931,000 after acquiring an additional 1,994 shares in the last quarter. First Business Financial Services Inc. grew its position in Oshkosh by 2.2% in the 4th quarter. First Business Financial Services Inc. now owns 12,110 shares of the company’s stock valued at $1,521,000 after acquiring an additional 265 shares in the last quarter. Finally, Handelsbanken Fonder AB acquired a new position in Oshkosh in the 4th quarter valued at about $5,525,000. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Performance

Shares of Oshkosh stock opened at $127.22 on Friday. Oshkosh Corporation has a one year low of $96.03 and a one year high of $180.49. The company has a market cap of $7.93 billion, a PE ratio of 14.17, a P/E/G ratio of 0.61 and a beta of 1.33. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.63. The business has a 50-day simple moving average of $144.27 and a 200-day simple moving average of $143.89.

Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The company had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same period in the prior year, the firm posted $1.92 earnings per share. The business’s quarterly 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, equities research analysts forecast that Oshkosh Corporation will post 11 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th will be paid a dividend of $0.57 per share. The ex-dividend date is Tuesday, May 26th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.8%. Oshkosh’s payout ratio is presently 25.39%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. dropped their target price on Oshkosh from $158.00 to $145.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Bank of America raised Oshkosh from an “underperform” rating to a “neutral” rating and set a $149.00 target price for the company in a research report on Tuesday, February 3rd. Raymond James Financial restated an “outperform” rating and issued a $175.00 price target on shares of Oshkosh in a research note on Monday, March 2nd. Evercore restated an “outperform” rating and issued a $181.00 price target on shares of Oshkosh in a research note on Monday, May 11th. Finally, Wall Street Zen downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $165.38.

Insiders Place Their Bets

In related news, Director Duncan Palmer sold 505 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total transaction of $67,599.30. Following the completion of the transaction, the director owned 39,684 shares in the company, valued at approximately $5,312,100.24. The trade was a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Anupam Khare sold 4,000 shares of the business’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $169.07, for a total transaction of $676,280.00. Following the transaction, the senior vice president owned 13,577 shares of the company’s stock, valued at approximately $2,295,463.39. The trade was a 22.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.64% of the company’s stock.

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.