Rockefeller Capital Management L.P. Has $2.39 Million Stake in Oshkosh Co. (NYSE:OSK)

Rockefeller Capital Management L.P. decreased its stake in shares of Oshkosh Co. (NYSE:OSKGet Rating) by 30.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 34,017 shares of the company’s stock after selling 14,600 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.05% of Oshkosh worth $2,390,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. CX Institutional acquired a new stake in Oshkosh in the 2nd quarter valued at $25,000. SeaCrest Wealth Management LLC acquired a new stake in Oshkosh in the 2nd quarter valued at $26,000. New Century Advisors LLC grew its position in Oshkosh by 137.2% in the 3rd quarter. New Century Advisors LLC now owns 351 shares of the company’s stock valued at $25,000 after purchasing an additional 203 shares during the period. Tsfg LLC grew its position in Oshkosh by 2,616.0% in the 3rd quarter. Tsfg LLC now owns 679 shares of the company’s stock valued at $48,000 after purchasing an additional 654 shares during the period. Finally, Eagle Bay Advisors LLC grew its position in Oshkosh by 41.8% in the 2nd quarter. Eagle Bay Advisors LLC now owns 682 shares of the company’s stock valued at $56,000 after purchasing an additional 201 shares during the period. Institutional investors and hedge funds own 90.43% of the company’s stock.

Oshkosh Trading Up 1.6 %

Shares of Oshkosh stock opened at $98.05 on Wednesday. Oshkosh Co. has a 52-week low of $69.30 and a 52-week high of $121.70. The stock’s 50-day simple moving average is $90.31 and its 200 day simple moving average is $84.81. The stock has a market capitalization of $6.41 billion, a P/E ratio of 71.57, a P/E/G ratio of 0.83 and a beta of 1.36. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.08 and a current ratio of 1.81.

Oshkosh (NYSE:OSKGet Rating) last announced its quarterly earnings data on Thursday, October 27th. The company reported $1.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.15). Oshkosh had a net margin of 1.15% and a return on equity of 3.95%. The firm had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.15 billion. As a group, research analysts anticipate that Oshkosh Co. will post 3.46 EPS for the current year.

Oshkosh Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 28th. Shareholders of record on Monday, November 14th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date was Thursday, November 10th. Oshkosh’s payout ratio is presently 108.03%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on OSK shares. Morgan Stanley lifted their price target on shares of Oshkosh from $98.00 to $114.00 and gave the company an “overweight” rating in a research report on Wednesday, December 14th. Wells Fargo & Company lifted their price objective on shares of Oshkosh from $90.00 to $93.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 10th. Citigroup lifted their price objective on shares of Oshkosh to $95.00 in a report on Tuesday, November 1st. The Goldman Sachs Group lifted their price objective on shares of Oshkosh from $89.00 to $98.00 and gave the stock a “buy” rating in a report on Thursday, December 15th. Finally, StockNews.com downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a report on Thursday, November 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $101.29.

Oshkosh Profile

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Oshkosh Corp. engages in the design, manufacture, and marketing of specialty vehicles and vehicle bodies. It operates through the following segments: Access Equipment, Defense, Fire & Emergency, and Commercial. The Access Equipment segment consists of JerrDan and JLG, which manufactures aerial work platforms and telehandlers that are used in construction, industrial, institutional, and general maintenance applications to position workers and materials at elevated heights.

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Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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