Oshkosh Corporation $OSK Shares Acquired by Southernsun Asset Management LLC

Southernsun Asset Management LLC increased its stake in Oshkosh Corporation (NYSE:OSK) by 53.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,980 shares of the company’s stock after acquiring an additional 10,824 shares during the quarter. Southernsun Asset Management LLC’s holdings in Oshkosh were worth $4,561,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. World Investment Advisors lifted its holdings in shares of Oshkosh by 4.7% in the first quarter. World Investment Advisors now owns 1,809 shares of the company’s stock valued at $266,000 after purchasing an additional 82 shares in the last quarter. IFP Advisors Inc grew its stake in shares of 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 buying an additional 88 shares in the last quarter. Personal CFO Solutions LLC increased its stake in shares of Oshkosh by 4.8% during the 1st quarter. Personal CFO Solutions LLC now owns 1,992 shares of the company’s stock worth $293,000 after purchasing an additional 92 shares during the last quarter. Groupama Asset Managment raised its holdings in Oshkosh by 1.7% during the fourth quarter. Groupama Asset Managment now owns 5,409 shares of the company’s stock valued at $680,000 after buying an additional 93 shares in the last quarter. Finally, Whittier Trust Co. raised its stake in shares of Oshkosh by 33.7% in the 1st quarter. Whittier Trust Co. now owns 373 shares of the company’s stock valued at $55,000 after acquiring an additional 94 shares in the last quarter. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Oshkosh Stock Up 3.2%

OSK opened at $146.48 on Wednesday. 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 current ratio of 1.63 and a quick ratio of 0.83. The firm’s fifty day moving average price is $136.93 and its two-hundred day moving average price is $147.65. The company has a market capitalization of $9.13 billion, a P/E ratio of 16.31, a P/E/G ratio of 0.70 and a beta of 1.23.

Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). The business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.29 billion. Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.92 EPS. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, analysts anticipate that Oshkosh Corporation will post 10.87 EPS for the current year.

Oshkosh Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th were paid a dividend of $0.57 per share. The ex-dividend date was Tuesday, May 26th. This represents a $2.28 dividend on an annualized basis and a yield of 1.6%. Oshkosh’s dividend payout ratio (DPR) is currently 25.39%.

Analysts Set New Price Targets

Several research firms recently weighed in on OSK. Sanford C. Bernstein set a $138.00 price objective on Oshkosh in a research report on Thursday, April 9th. Morgan Stanley reduced their price target on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a report on Tuesday, May 12th. Evercore restated an “outperform” rating and issued a $181.00 price target on shares of Oshkosh in a research report on Monday, May 11th. Wall Street Zen downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Oshkosh from $158.00 to $145.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $168.60.

Insider Buying and Selling

In other Oshkosh news, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total transaction of $67,599.30. Following the sale, the director directly owned 39,684 shares of the company’s stock, valued at approximately $5,312,100.24. The trade was a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 currently owned by corporate insiders.

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.