CW Advisors LLC Purchases 12,980 Shares of Oshkosh Corporation $OSK

CW Advisors LLC grew its holdings in shares of Oshkosh Corporation (NYSE:OSK) by 216.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,977 shares of the company’s stock after acquiring an additional 12,980 shares during the period. CW Advisors LLC’s holdings in Oshkosh were worth $2,155,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kodai Capital Management LP bought a new position in shares of Oshkosh during the 1st quarter worth approximately $7,077,000. Ieq Capital LLC bought a new position in Oshkosh during the first quarter worth $7,682,000. OMNI 360 Wealth Inc. acquired a new stake in Oshkosh in the second quarter worth $237,000. Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of Oshkosh during the first quarter valued at about $7,611,000. Finally, True North Advisors LLC acquired a new position in shares of Oshkosh during the first quarter valued at about $807,000. 92.36% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on OSK. Evercore ISI restated an “outperform” rating on shares of Oshkosh in a research note on Tuesday, August 19th. Zacks Research downgraded Oshkosh from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Wells Fargo & Company initiated coverage on Oshkosh in a research report on Thursday, November 13th. They set an “overweight” rating and a $144.00 target price on the stock. UBS Group increased their target price on Oshkosh from $164.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Finally, Wall Street Zen downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a report on Saturday. Twelve analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $145.50.

Oshkosh Price Performance

Shares of NYSE:OSK opened at $129.43 on Friday. The company has a current ratio of 1.98, a quick ratio of 0.99 and a debt-to-equity ratio of 0.24. The stock has a market cap of $8.19 billion, a PE ratio of 12.63, a price-to-earnings-growth ratio of 1.64 and a beta of 1.41. The stock’s fifty day simple moving average is $128.31 and its two-hundred day simple moving average is $125.88. Oshkosh Corporation has a 1-year low of $76.82 and a 1-year high of $144.30.

Oshkosh (NYSE:OSK) last posted its earnings results on Wednesday, October 29th. The company reported $3.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.12 by $0.08. The firm had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.84 billion. Oshkosh had a net margin of 6.43% and a return on equity of 16.60%. The business’s revenue was down 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.93 EPS. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. As a group, analysts forecast that Oshkosh Corporation will post 10.96 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were paid a $0.51 dividend. The ex-dividend date was Monday, November 17th. This represents a $2.04 annualized dividend and a yield of 1.6%. Oshkosh’s dividend payout ratio (DPR) is 19.90%.

Oshkosh Profile

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.