VIRGINIA RETIREMENT SYSTEMS ET Al Takes $3.39 Million Position in Oshkosh Corporation $OSK

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Oshkosh Corporation (NYSE:OSK) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 22,100 shares of the company’s stock, valued at approximately $3,392,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Tower View Wealth Management LLC purchased a new position in shares of Oshkosh during the 1st quarter valued at $29,000. Fiduciary Financial Advisors bought a new position in shares of Oshkosh in the 2nd quarter worth $38,000. Basepoint Wealth LLC purchased a new stake in shares of Oshkosh during the 4th quarter valued at $51,000. Global Retirement Partners LLC lifted its holdings in shares of Oshkosh by 284.9% during the 4th quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock worth $51,000 after acquiring an additional 302 shares during the last quarter. Finally, Whittier Trust Co. lifted its holdings in shares of Oshkosh by 33.7% during the 1st quarter. Whittier Trust Co. now owns 373 shares of the company’s stock worth $55,000 after acquiring an additional 94 shares during the last quarter. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on OSK shares. Truist Financial increased their target price on Oshkosh from $176.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Robert W. Baird upped their price objective on shares of Oshkosh from $172.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Wall Street Zen raised Oshkosh from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. Barclays increased their target price on Oshkosh from $150.00 to $170.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, DA Davidson lifted their price target on Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Eleven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $170.71.

Oshkosh Stock Down 1.2%

Shares of NYSE OSK opened at $152.01 on Thursday. Oshkosh Corporation has a 12 month low of $116.77 and a 12 month high of $180.49. The firm has a market capitalization of $9.38 billion, a PE ratio of 17.39, a price-to-earnings-growth ratio of 1.14 and a beta of 1.27. The firm has a fifty day simple moving average of $150.36 and a two-hundred day simple moving average of $146.99. The company has a current ratio of 1.72, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK) last released its quarterly earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, beating 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 company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same period in the previous year, the company posted $3.41 earnings per share. The firm’s revenue was up 6.7% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Equities analysts expect that Oshkosh Corporation will post 10.72 earnings per share for the current year.

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, August 13th. Oshkosh’s dividend payout ratio is 26.09%.

Oshkosh Company Profile

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.