Oshkosh Corporation (NYSE:OSK) EVP Ignacio A. Cortina sold 4,000 shares of the business’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $75.28, for a total transaction of $301,120.00. Following the transaction, the executive vice president now owns 11,778 shares of the company’s stock, valued at approximately $886,647.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Oshkosh Corporation (NYSE:OSK) traded up 0.39% on Tuesday, hitting $75.05. 652,733 shares of the stock were exchanged. The firm’s 50 day moving average price is $68.51 and its 200 day moving average price is $68.23. Oshkosh Corporation has a one year low of $50.77 and a one year high of $76.76. The firm has a market cap of $5.61 billion, a price-to-earnings ratio of 22.27 and a beta of 1.81.

Oshkosh Corporation (NYSE:OSK) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $1.84 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $1.95 billion. During the same period last year, the firm posted $1.13 EPS. The company’s revenue for the quarter was up 16.6% on a year-over-year basis. Equities analysts anticipate that Oshkosh Corporation will post $3.95 earnings per share for the current year.

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

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A number of brokerages recently weighed in on OSK. Zacks Investment Research raised shares of Oshkosh Corporation from a “hold” rating to a “buy” rating and set a $84.00 price target for the company in a research report on Tuesday. BidaskClub raised shares of Oshkosh Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Drexel Hamilton raised shares of Oshkosh Corporation from a “hold” rating to a “buy” rating and set a $83.00 price target for the company in a research report on Friday. Deutsche Bank AG boosted their price target on shares of Oshkosh Corporation from $79.00 to $80.00 and gave the company a “hold” rating in a research report on Thursday, August 3rd. Finally, Bank of America Corporation raised shares of Oshkosh Corporation from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $60.00 to $78.00 in a research report on Thursday, August 3rd. Six 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 stock. The company currently has a consensus rating of “Buy” and an average price target of $75.67.

A number of hedge funds have recently modified their holdings of OSK. Greenwich Wealth Management LLC increased its stake in shares of Oshkosh Corporation by 0.3% in the first quarter. Greenwich Wealth Management LLC now owns 54,617 shares of the company’s stock valued at $3,746,000 after buying an additional 180 shares in the last quarter. First Citizens Bank & Trust Co. purchased a new stake in shares of Oshkosh Corporation during the first quarter valued at $355,000. Sit Investment Associates Inc. purchased a new stake in shares of Oshkosh Corporation during the first quarter valued at $700,000. Nationwide Fund Advisors increased its stake in shares of Oshkosh Corporation by 144.4% in the first quarter. Nationwide Fund Advisors now owns 347,154 shares of the company’s stock valued at $23,811,000 after buying an additional 205,105 shares in the last quarter. Finally, James Investment Research Inc. purchased a new stake in shares of Oshkosh Corporation during the first quarter valued at $144,000. Hedge funds and other institutional investors own 95.09% of the company’s stock.

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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