Dumont & Blake Investment Advisors LLC Has $896,000 Position in Oshkosh Co. (NYSE:OSK)

Dumont & Blake Investment Advisors LLC grew its holdings in Oshkosh Co. (NYSE:OSK) by 17.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,529 shares of the company’s stock after purchasing an additional 1,420 shares during the quarter. Dumont & Blake Investment Advisors LLC’s holdings in Oshkosh were worth $896,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Barclays PLC lifted its stake in shares of Oshkosh by 40.9% in the 3rd quarter. Barclays PLC now owns 111,710 shares of the company’s stock valued at $11,192,000 after purchasing an additional 32,435 shares during the period. Semanteon Capital Management LP lifted its stake in shares of Oshkosh by 29.1% in the 4th quarter. Semanteon Capital Management LP now owns 14,820 shares of the company’s stock valued at $1,409,000 after purchasing an additional 3,342 shares during the period. Entropy Technologies LP lifted its stake in shares of Oshkosh by 29.0% in the 4th quarter. Entropy Technologies LP now owns 20,018 shares of the company’s stock valued at $1,903,000 after purchasing an additional 4,498 shares during the period. State of Alaska Department of Revenue lifted its stake in shares of Oshkosh by 181.7% in the 4th quarter. State of Alaska Department of Revenue now owns 21,420 shares of the company’s stock valued at $2,035,000 after purchasing an additional 13,815 shares during the period. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in shares of Oshkosh in the 4th quarter valued at about $23,285,000. 92.36% of the stock is owned by institutional investors and hedge funds.

Oshkosh Stock Performance

Shares of Oshkosh stock opened at $99.25 on Friday. The company has a market cap of $6.39 billion, a PE ratio of 9.59, a price-to-earnings-growth ratio of 1.45 and a beta of 1.37. Oshkosh Co. has a 52 week low of $76.82 and a 52 week high of $118.39. The business has a 50 day moving average price of $91.39 and a 200-day moving average price of $98.17. The company has a quick ratio of 0.76, a current ratio of 1.51 and a debt-to-equity ratio of 0.14.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $1.92 EPS for the quarter, missing the consensus estimate of $2.02 by ($0.10). The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.42 billion. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. The business’s revenue for the quarter was down 9.1% compared to the same quarter last year. During the same period last year, the company earned $2.89 earnings per share. Equities analysts anticipate that Oshkosh Co. will post 10.96 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend was Friday, May 16th. Oshkosh’s payout ratio is 21.79%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on OSK shares. Robert W. Baird dropped their price objective on Oshkosh from $163.00 to $135.00 and set an “outperform” rating on the stock in a research note on Thursday, May 1st. Raymond James increased their price target on Oshkosh from $125.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Evercore ISI increased their price target on Oshkosh from $137.00 to $147.00 and gave the stock an “outperform” rating in a report on Monday, May 19th. UBS Group increased their price target on Oshkosh from $99.00 to $119.00 and gave the stock a “buy” rating in a report on Friday, May 16th. Finally, DA Davidson cut their price target on Oshkosh from $120.00 to $111.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $114.93.

About Oshkosh

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.