Oshkosh Co. (NYSE:OSK) Stock Holdings Raised by Groupama Asset Managment

Groupama Asset Managment lifted its stake in shares of Oshkosh Co. (NYSE:OSK) by 53.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,007 shares of the company’s stock after buying an additional 2,103 shares during the quarter. Groupama Asset Managment’s holdings in Oshkosh were worth $565,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Blue Trust Inc. raised its stake in Oshkosh by 108.7% during the fourth quarter. Blue Trust Inc. now owns 265 shares of the company’s stock valued at $27,000 after buying an additional 138 shares in the last quarter. Hager Investment Management Services LLC bought a new stake in shares of Oshkosh in the 4th quarter valued at approximately $32,000. Proficio Capital Partners LLC acquired a new stake in shares of Oshkosh during the 4th quarter valued at approximately $34,000. V Square Quantitative Management LLC lifted its stake in Oshkosh by 64.1% during the fourth quarter. V Square Quantitative Management LLC now owns 402 shares of the company’s stock worth $38,000 after purchasing an additional 157 shares during the last quarter. Finally, Twin Tree Management LP acquired a new position in Oshkosh in the fourth quarter worth $41,000. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Stock Down 9.6 %

Shares of Oshkosh stock opened at $86.59 on Friday. Oshkosh Co. has a 12-month low of $86.31 and a 12-month high of $127.98. The firm has a market capitalization of $5.60 billion, a PE ratio of 8.37, a price-to-earnings-growth ratio of 1.45 and a beta of 1.26. The company has a quick ratio of 0.76, a current ratio of 1.51 and a debt-to-equity ratio of 0.14. The stock’s fifty day moving average is $101.52 and its 200-day moving average is $102.08.

Oshkosh (NYSE:OSK) last posted its quarterly earnings data on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. Equities analysts anticipate that Oshkosh Co. will post 10.96 earnings per share for the current year.

Oshkosh Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were paid a $0.51 dividend. This is a positive change from Oshkosh’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.04 dividend on an annualized basis and a yield of 2.36%. Oshkosh’s dividend payout ratio (DPR) is currently 19.71%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on OSK. Citigroup reduced their price target on shares of Oshkosh from $125.00 to $110.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. The Goldman Sachs Group decreased their target price on Oshkosh from $135.00 to $116.00 and set a “neutral” rating for the company in a research note on Wednesday, March 19th. Truist Financial increased their price target on Oshkosh from $109.00 to $118.00 and gave the stock a “hold” rating in a research report on Friday, January 31st. Morgan Stanley boosted their price target on shares of Oshkosh from $98.00 to $110.00 and gave the company an “equal weight” rating in a report on Monday, February 3rd. Finally, JPMorgan Chase & Co. reduced their price objective on Oshkosh from $127.00 to $117.00 and set a “neutral” rating for the company in a research report on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $124.38.

Oshkosh Company Profile

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.