Stone Ridge Asset Management LLC purchased a new stake in shares of Oshkosh Corp (NYSE:OSK) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 22,661 shares of the company’s stock, valued at approximately $2,060,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cerebellum GP LLC bought a new position in shares of Oshkosh during the 4th quarter valued at $130,000. Pitcairn Co. purchased a new stake in shares of Oshkosh in the 4th quarter worth $202,000. Chevy Chase Trust Holdings Inc. purchased a new stake in shares of Oshkosh in the 4th quarter worth $203,000. Rothschild Investment Corp IL purchased a new stake in shares of Oshkosh in the 4th quarter worth $218,000. Finally, Essex Financial Services Inc. purchased a new stake in shares of Oshkosh in the 4th quarter worth $218,000. 91.88% of the stock is currently owned by hedge funds and other institutional investors.
In other Oshkosh news, Director Leslie F. Kenne sold 1,061 shares of the stock in a transaction dated Tuesday, January 30th. The shares were sold at an average price of $90.82, for a total transaction of $96,360.02. Following the completion of the transaction, the director now owns 25,320 shares of the company’s stock, valued at approximately $2,299,562.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP James C. Freeders sold 2,300 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $86.70, for a total transaction of $199,410.00. Following the transaction, the vice president now directly owns 1,786 shares of the company’s stock, valued at approximately $154,846.20. The disclosure for this sale can be found here. Insiders have sold a total of 6,361 shares of company stock valued at $564,480 in the last three months. Insiders own 1.60% of the company’s stock.
Shares of Oshkosh Corp (NYSE OSK) opened at $79.37 on Wednesday. Oshkosh Corp has a 12 month low of $61.74 and a 12 month high of $100.26. The company has a quick ratio of 1.08, a current ratio of 1.86 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $5,957.23, a price-to-earnings ratio of 18.72, a price-to-earnings-growth ratio of 0.85 and a beta of 1.61.
Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Thursday, January 25th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.29. Oshkosh had a return on equity of 16.64% and a net margin of 4.48%. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the business posted $0.26 EPS. Oshkosh’s revenue for the quarter was up 31.0% compared to the same quarter last year. equities analysts expect that Oshkosh Corp will post 5.33 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, February 26th. Shareholders of record on Monday, February 12th were paid a $0.24 dividend. The ex-dividend date was Friday, February 9th. This represents a $0.96 dividend on an annualized basis and a yield of 1.21%. Oshkosh’s payout ratio is presently 22.64%.
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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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