Jefferies Financial Group Inc. acquired a new position in shares of Oshkosh Corporation (NYSE:OSK – Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 3,750 shares of the company’s stock, valued at approximately $576,000.
A number of other hedge funds also recently added to or reduced their stakes in OSK. Goldman Sachs Group Inc. grew its position in Oshkosh by 43.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 225,130 shares of the company’s stock worth $21,180,000 after purchasing an additional 68,165 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Oshkosh by 8.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 188,191 shares of the company’s stock valued at $17,705,000 after buying an additional 14,122 shares during the last quarter. Focus Partners Wealth bought a new stake in shares of Oshkosh during the first quarter valued at approximately $567,000. Sivia Capital Partners LLC acquired a new position in shares of Oshkosh during the second quarter worth approximately $325,000. Finally, California Public Employees Retirement System boosted its position in shares of Oshkosh by 1.3% during the second quarter. California Public Employees Retirement System now owns 111,199 shares of the company’s stock worth $12,626,000 after buying an additional 1,404 shares during the period. 92.36% of the stock is currently owned by institutional investors.
Oshkosh Trading Up 0.3%
NYSE OSK opened at $154.46 on Tuesday. Oshkosh Corporation has a twelve month low of $116.77 and a twelve month high of $180.49. 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 cap of $9.54 billion, a price-to-earnings ratio of 17.67, a PEG ratio of 0.94 and a beta of 1.25. The firm’s 50 day moving average price is $149.59 and its two-hundred day moving average price is $147.82.
Oshkosh Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Thursday, August 13th. Oshkosh’s dividend payout ratio (DPR) is currently 26.09%.
Analyst Ratings Changes
Several analysts recently commented on the company. JPMorgan Chase & Co. raised their target price on Oshkosh from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Truist Financial boosted their price target on Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Morgan Stanley decreased their price target on Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. Zacks Research raised Oshkosh from a “strong sell” rating to a “hold” rating in a report on Friday, August 21st. Finally, Wall Street Zen upgraded shares of Oshkosh from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Oshkosh presently has a consensus rating of “Moderate Buy” and a consensus price target of $170.71.
Check Out Our Latest Report on Oshkosh
About Oshkosh
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.
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