Ieq Capital LLC Takes Position in Oshkosh Corporation $OSK

Ieq Capital LLC purchased a new position in Oshkosh Corporation (NYSE:OSK) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 131,545 shares of the company’s stock, valued at approximately $20,190,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Callan Family Office LLC bought a new position in Oshkosh during the 2nd quarter valued at approximately $2,417,000. Paralel Advisors LLC purchased a new position in Oshkosh during the second quarter valued at $2,409,000. Allworth Financial LP bought a new stake in Oshkosh in the second quarter worth $449,000. Vise Technologies Inc. bought a new stake in Oshkosh in the second quarter worth $323,000. Finally, Nierenberg Investment Management Company LLC purchased a new stake in shares of Oshkosh in the second quarter worth $882,510,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on OSK. Wall Street Zen upgraded Oshkosh from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings raised shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Barclays lifted their target price on shares of Oshkosh from $150.00 to $170.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Zacks Research cut shares of Oshkosh from a “hold” rating to a “strong sell” rating in a report on Thursday, July 23rd. Finally, 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 research report on Tuesday, May 12th. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Oshkosh has a consensus rating of “Moderate Buy” and a consensus target price of $171.33.

Oshkosh Trading Up 2.8%

Shares of OSK stock opened at $156.96 on Friday. Oshkosh Corporation has a 12-month low of $116.77 and a 12-month high of $180.49. The company has a current ratio of 1.72, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13. The firm’s 50 day moving average is $147.59 and its 200 day moving average is $148.35. The stock has a market capitalization of $9.69 billion, a P/E ratio of 17.96, a P/E/G ratio of 0.94 and a beta of 1.25.

Oshkosh (NYSE:OSK) last announced its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.24. The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.80 billion. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the business earned $3.41 EPS. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Research analysts expect that Oshkosh Corporation will post 10.72 earnings per share for the current year.

Oshkosh Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, August 13th. Oshkosh’s dividend payout ratio (DPR) is presently 26.09%.

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.