Oshkosh Corporation (NYSE:OSK) VP Sells $239,648.00 in Stock
Oshkosh Corporation (NYSE:OSK) VP Marek W. May sold 3,200 shares of the business’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $74.89, for a total transaction of $239,648.00. Following the completion of the transaction, the vice president now directly owns 11,068 shares in the company, valued at approximately $828,882.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Oshkosh Corporation (NYSE:OSK) traded up 0.39% on Tuesday, reaching $75.05. 656,045 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $68.51 and a 200 day moving average price of $68.23. The firm has a market cap of $5.61 billion, a PE ratio of 22.27 and a beta of 1.81. Oshkosh Corporation has a one year low of $50.77 and a one year high of $76.76.
Oshkosh Corporation (NYSE:OSK) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.51. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. Oshkosh Corporation had a net margin of 3.83% and a return on equity of 14.49%. Oshkosh Corporation’s revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.13 EPS. On average, equities analysts anticipate that Oshkosh Corporation will post $3.95 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 18th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend is Wednesday, August 16th. Oshkosh Corporation’s dividend payout ratio is currently 25.07%.
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A number of institutional investors have recently added to or reduced their stakes in the stock. Hennessy Advisors Inc. acquired a new stake in shares of Oshkosh Corporation during the first quarter valued at about $3,965,000. First Citizens Bank & Trust Co. acquired a new stake in shares of Oshkosh Corporation during the first quarter valued at about $355,000. Whittier Trust Co. boosted its stake in shares of Oshkosh Corporation by 4.7% in the first quarter. Whittier Trust Co. now owns 8,429 shares of the company’s stock valued at $578,000 after buying an additional 379 shares during the period. Sit Investment Associates Inc. acquired a new stake in shares of Oshkosh Corporation during the first quarter valued at about $700,000. Finally, Macquarie Group Ltd. boosted its stake in shares of Oshkosh Corporation by 10.2% in the fourth quarter. Macquarie Group Ltd. now owns 27,321 shares of the company’s stock valued at $1,765,000 after buying an additional 2,521 shares during the period. 95.09% of the stock is owned by institutional investors.
Several research firms have recently commented on OSK. Deutsche Bank AG boosted their target price on shares of Oshkosh Corporation from $79.00 to $80.00 and gave the stock a “hold” rating in a report on Thursday, August 3rd. Royal Bank Of Canada boosted their target price on shares of Oshkosh Corporation from $79.00 to $80.00 and gave the stock an “outperform” rating in a report on Thursday, April 27th. Zacks Investment Research raised shares of Oshkosh Corporation from a “hold” rating to a “buy” rating and set a $84.00 target price on the stock in a report on Tuesday. BidaskClub raised shares of Oshkosh Corporation from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $80.00 target price on shares of Oshkosh Corporation in a report on Thursday, August 3rd. Six equities research 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. The company 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.
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