Focus Partners Advisor Solutions LLC Purchases New Position in Oshkosh Corporation $OSK

Focus Partners Advisor Solutions LLC purchased a new stake in Oshkosh Corporation (NYSE:OSK) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 11,172 shares of the company’s stock, valued at approximately $1,715,000.

Several other hedge funds have also recently bought and sold shares of the stock. Annex Advisory Services LLC increased its stake in shares of Oshkosh by 2.8% during the second quarter. Annex Advisory Services LLC now owns 2,967 shares of the company’s stock worth $455,000 after purchasing an additional 80 shares during the period. World Investment Advisors boosted its stake in Oshkosh by 4.7% in the 1st quarter. World Investment Advisors now owns 1,809 shares of the company’s stock valued at $266,000 after purchasing an additional 82 shares during the period. IFP Advisors Inc grew its holdings in 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. Waverly Advisors LLC grew its holdings in Oshkosh by 0.5% in the 1st quarter. Waverly Advisors LLC now owns 18,595 shares of the company’s stock valued at $2,737,000 after buying an additional 90 shares in the last quarter. Finally, Personal CFO Solutions LLC increased its position in 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 buying an additional 92 shares during the period. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Stock Performance

Shares of NYSE:OSK opened at $152.96 on Friday. The company’s 50 day simple moving average is $145.57 and its 200 day simple moving average is $148.20. The stock has a market capitalization of $9.44 billion, a price-to-earnings ratio of 17.50, a price-to-earnings-growth ratio of 0.94 and a beta of 1.25. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.72 and a quick ratio of 0.96. Oshkosh Corporation has a 1 year low of $116.77 and a 1 year high of $180.49.

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

Oshkosh Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be given 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 is Thursday, August 13th. Oshkosh’s dividend payout ratio is currently 26.09%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. DA Davidson lifted their target price on Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Evercore restated an “outperform” rating and issued a $181.00 price target on shares of Oshkosh in a research note on Monday, May 11th. Zacks Research lowered shares of Oshkosh from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 23rd. Weiss Ratings upgraded shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Finally, Robert W. Baird boosted their price objective on shares of Oshkosh from $172.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Eleven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $171.33.

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.