James C. Freeders Sells 2,300 Shares of Oshkosh Corp (OSK) Stock

Oshkosh Corp (NYSE:OSK) VP James C. Freeders sold 2,300 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $86.70, for a total transaction of $199,410.00. Following the completion of the transaction, the vice president now directly owns 1,786 shares in the company, valued at $154,846.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Oshkosh Corp (NYSE OSK) traded down $0.78 during midday trading on Tuesday, hitting $85.37. 644,273 shares of the stock were exchanged, compared to its average volume of 849,746. The company has a market capitalization of $6,456.47, a PE ratio of 17.95, a price-to-earnings-growth ratio of 1.12 and a beta of 1.53. Oshkosh Corp has a 52 week low of $61.74 and a 52 week high of $100.26. The company has a current ratio of 1.86, a quick ratio of 1.08 and a debt-to-equity ratio of 0.35.

Oshkosh (NYSE:OSK) last announced its quarterly earnings results on Thursday, January 25th. The company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.29. The company had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Oshkosh had a net margin of 4.48% and a return on equity of 16.64%. The business’s quarterly revenue was up 31.0% compared to the same quarter last year. During the same period last year, the firm posted $0.26 earnings per share. analysts forecast that Oshkosh Corp will post 5.32 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, February 26th. Stockholders of record on Monday, February 12th will be given a dividend of $0.24 per share. The ex-dividend date is Friday, February 9th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.12%. Oshkosh’s dividend payout ratio is 22.64%.

OSK has been the topic of a number of recent research reports. Royal Bank of Canada reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Oshkosh in a research note on Thursday, November 2nd. SunTrust Banks reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Oshkosh in a research note on Friday, October 27th. ValuEngine raised shares of Oshkosh from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. KeyCorp reaffirmed an “overweight” rating and issued a $100.00 price objective (up from $90.00) on shares of Oshkosh in a research note on Wednesday, November 1st. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $97.00 price objective on shares of Oshkosh in a research note on Wednesday, November 1st. Three equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $94.54.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Amundi Pioneer Asset Management Inc. bought a new position in shares of Oshkosh during the fourth quarter worth $13,359,000. Corient Capital Partners LLC boosted its position in shares of Oshkosh by 8.7% during the fourth quarter. Corient Capital Partners LLC now owns 13,793 shares of the company’s stock worth $1,254,000 after purchasing an additional 1,107 shares in the last quarter. Globeflex Capital L P bought a new stake in Oshkosh in the 4th quarter valued at $623,000. Amalgamated Bank lifted its position in Oshkosh by 6.0% in the 4th quarter. Amalgamated Bank now owns 15,069 shares of the company’s stock valued at $1,370,000 after acquiring an additional 859 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new stake in Oshkosh in the 4th quarter valued at $616,000. 93.08% of the stock is currently owned by institutional investors.

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About Oshkosh

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 (NYSE:OSK)

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