Caisse de depot et placement du Quebec Purchases New Shares in Oshkosh Corporation $OSK

Caisse de depot et placement du Quebec purchased a new position in Oshkosh Corporation (NYSE:OSK) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 188,800 shares of the company’s stock, valued at approximately $28,977,000. Caisse de depot et placement du Quebec owned 0.31% of Oshkosh as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in OSK. Man Group plc purchased a new position in Oshkosh during the second quarter valued at $4,746,000. Jupiter Topco LLC purchased a new stake in shares of Oshkosh in the 2nd quarter worth about $6,218,000. Hsbc Holdings PLC purchased a new stake in shares of Oshkosh in the 2nd quarter worth about $1,329,000. Expect Equity LLC bought a new position in shares of Oshkosh in the 2nd quarter worth about $3,565,000. Finally, Redwood Grove Capital LLC bought a new position in shares of Oshkosh in the 2nd quarter worth about $4,881,000. Institutional investors own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Zacks Research raised shares of Oshkosh from a “strong sell” rating to a “hold” rating in a research note on Friday, August 21st. Robert W. Baird raised their target price on shares of Oshkosh from $172.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. DA Davidson lifted their target price on shares of Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings raised Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Finally, Barclays upped their price target on Oshkosh from $150.00 to $170.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Oshkosh currently has a consensus rating of “Moderate Buy” and a consensus target price of $170.71.

Oshkosh Stock Down 1.5%

Shares of Oshkosh stock opened at $154.37 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.96 and a current ratio of 1.72. The stock has a market capitalization of $9.53 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 0.96 and a beta of 1.25. Oshkosh Corporation has a 52-week low of $116.77 and a 52-week high of $180.49. The company has a 50-day simple moving average of $149.34 and a two-hundred day simple moving average of $148.14.

Oshkosh (NYSE:OSK) last issued its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.24. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The firm had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the prior year, the firm posted $3.41 earnings per share. The business’s revenue was up 6.7% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. On average, analysts anticipate that Oshkosh Corporation will post 10.72 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were given a $0.57 dividend. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $2.28 annualized dividend and a yield of 1.5%. Oshkosh’s dividend payout ratio is 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.