Oshkosh Corporation (NYSE:OSK) Director Craig P. Omtvedt sold 7,050 shares of the stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $74.82, for a total value of $527,481.00. Following the transaction, the director now owns 32,374 shares of the company’s stock, valued at approximately $2,422,222.68. The transaction was disclosed in a filing with the SEC, which is available at this link.

Shares of Oshkosh Corporation (OSK) traded up 0.39% during trading on Tuesday, hitting $75.05. 656,045 shares of the stock were exchanged. The firm has a 50 day moving average of $68.51 and a 200-day moving average of $68.23. The stock has a market cap of $5.61 billion, a PE ratio of 22.27 and a beta of 1.81. Oshkosh Corporation has a 52-week low of $50.77 and a 52-week high of $76.76.

Oshkosh Corporation (NYSE:OSK) last released its quarterly earnings data on Wednesday, August 2nd. The company reported $1.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.33 by $0.51. Oshkosh Corporation had a net margin of 3.83% and a return on equity of 14.49%. The company had revenue of $2.04 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same period in the prior year, the firm earned $1.13 earnings per share. The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. Equities research analysts anticipate that Oshkosh Corporation will post $3.95 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 18th will be issued a $0.21 dividend. The ex-dividend date is Wednesday, August 16th. This represents a $0.84 annualized dividend and a yield of 1.12%. Oshkosh Corporation’s dividend payout ratio (DPR) is presently 25.07%.

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Institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in shares of Oshkosh Corporation by 12.9% in the first quarter. JPMorgan Chase & Co. now owns 1,252,345 shares of the company’s stock worth $85,898,000 after buying an additional 142,745 shares during the last quarter. Martingale Asset Management L P bought a new position in Oshkosh Corporation during the first quarter valued at approximately $3,133,000. Alliancebernstein L.P. raised its position in Oshkosh Corporation by 4.4% in the first quarter. Alliancebernstein L.P. now owns 4,279,772 shares of the company’s stock valued at $293,550,000 after buying an additional 178,674 shares in the last quarter. Systematic Financial Management LP raised its position in Oshkosh Corporation by 256.6% in the first quarter. Systematic Financial Management LP now owns 412,646 shares of the company’s stock valued at $28,303,000 after buying an additional 296,941 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Oshkosh Corporation by 16.8% in the first quarter. Vanguard Group Inc. now owns 6,767,922 shares of the company’s stock valued at $464,212,000 after buying an additional 973,348 shares in the last quarter. Institutional investors own 95.09% of the company’s stock.

A number of equities analysts have issued reports on OSK shares. Stifel Nicolaus reiterated a “buy” rating and set a $80.00 target price on shares of Oshkosh Corporation in a report on Thursday, August 3rd. Jefferies Group LLC restated a “buy” rating and set a $85.00 price objective on shares of Oshkosh Corporation in a research note on Thursday, July 13th. BidaskClub upgraded shares of Oshkosh Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. ValuEngine upgraded shares of Oshkosh Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Drexel Hamilton upgraded shares of Oshkosh Corporation from a “hold” rating to a “buy” rating and set a $83.00 price objective for the company in a research report on Friday. Six investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Oshkosh Corporation currently has an average rating of “Buy” and a consensus price target of $75.67.

Oshkosh Corporation Company Profile

Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.

Insider Buying and Selling by Quarter for Oshkosh Corporation (NYSE:OSK)

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