Equity Investment Corp Sells 18,699 Shares of Oshkosh Corporation $OSK

Equity Investment Corp lowered its position in shares of Oshkosh Corporation (NYSE:OSK) by 2.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 622,475 shares of the company’s stock after selling 18,699 shares during the period. Equity Investment Corp’s holdings in Oshkosh were worth $80,735,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank purchased a new position in shares of Oshkosh during the 2nd quarter valued at $98,570,000. American Century Companies Inc. boosted its stake in Oshkosh by 22.8% during the second quarter. American Century Companies Inc. now owns 2,858,787 shares of the company’s stock valued at $324,587,000 after buying an additional 529,907 shares during the period. Pzena Investment Management LLC bought a new position in Oshkosh in the 2nd quarter worth about $59,709,000. AQR Capital Management LLC raised its holdings in shares of Oshkosh by 25.4% in the 2nd quarter. AQR Capital Management LLC now owns 1,709,338 shares of the company’s stock valued at $193,728,000 after acquiring an additional 345,782 shares in the last quarter. Finally, Allianz Asset Management GmbH boosted its position in shares of Oshkosh by 1,245.4% during the 3rd quarter. Allianz Asset Management GmbH now owns 217,365 shares of the company’s stock valued at $28,192,000 after acquiring an additional 201,209 shares during the last quarter. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on OSK. Wells Fargo & Company upped their price objective on shares of Oshkosh from $144.00 to $168.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. Argus dropped their target price on shares of Oshkosh from $175.00 to $160.00 and set a “buy” rating for the company in a research report on Wednesday, December 10th. UBS Group reissued a “buy” rating and issued a $167.00 price target on shares of Oshkosh in a report on Friday. Sanford C. Bernstein lifted their price objective on shares of Oshkosh from $132.00 to $140.00 and gave the stock a “market perform” rating in a report on Friday, December 19th. Finally, Wall Street Zen lowered shares of Oshkosh from a “buy” rating to a “hold” rating in a research report on Saturday. Twelve investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Oshkosh has an average rating of “Moderate Buy” and an average price target of $159.60.

Oshkosh Price Performance

OSK stock opened at $159.19 on Wednesday. The firm has a market cap of $10.07 billion, a P/E ratio of 15.89, a P/E/G ratio of 2.15 and a beta of 1.43. The firm’s fifty day moving average is $138.06 and its 200 day moving average is $134.20. Oshkosh Corporation has a 52 week low of $76.82 and a 52 week high of $159.40. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.05 and a current ratio of 1.94.

Oshkosh (NYSE:OSK) last posted its quarterly earnings results on Thursday, January 29th. The company reported $2.26 earnings per share for the quarter, missing the consensus estimate of $2.33 by ($0.07). Oshkosh had a return on equity of 15.69% and a net margin of 6.21%.The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.60 billion. During the same period in the prior year, the firm earned $2.58 earnings per share. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. Research analysts predict that Oshkosh Corporation will post 10.96 earnings per share for the current year.

Oshkosh Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 1.4%. The ex-dividend date is Tuesday, February 17th. This is a positive change from Oshkosh’s previous quarterly dividend of $0.51. Oshkosh’s dividend payout ratio is 20.36%.

Oshkosh News Roundup

Here are the key news stories impacting Oshkosh this week:

• Positive Sentiment: Seeking Alpha ran an upgrade piece arguing Oshkosh looks undervalued despite uncertainties — a narrative that can attract value-oriented buyers. Article Title
• Positive Sentiment: Oshkosh announced an upcoming dividend that will be larger than last year’s, which supports yield-seeking investors and can prop up the share price. Article Title
• Positive Sentiment: Citigroup cut its price target from $175 to $170 but kept a “buy” rating, implying ~6.8% upside versus the current level — the maintained buy stance can be taken as constructive. Article Title
• Neutral Sentiment: Bank of America upgraded OSK from “underperform” to “neutral” but set a $149 target (below current market), a mixed signal: improved sentiment on relative performance but limited upside in the target. Article Title
• Neutral Sentiment: Zacks highlights mixed Q4 takeaways — EPS slipped versus year-ago but revenue rose, with strong Vocational and Transport offsetting Access weakness; this explains investor uncertainty. Article Title
• Neutral Sentiment: AmericanBankingNews noted a price-target raise to $155 (still slightly below current levels), reflecting mixed analyst adjustments across the street. Article Title
• Negative Sentiment: Morgan Stanley cut its target from $155 to $144 and moved to “equal weight,” signaling reduced conviction and about a 9.5% downside to the present quote — a clear headwind for the stock. Article Title

Oshkosh Company Profile

Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.