Eurizon Capital SGR S.p.A. Acquires Shares of 13,961 Oshkosh Corporation $OSK

Eurizon Capital SGR S.p.A. acquired a new stake in Oshkosh Corporation (NYSE:OSK) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 13,961 shares of the company’s stock, valued at approximately $1,765,000.

Other hedge funds have also recently modified their holdings of the company. Abich Financial Wealth Management LLC purchased a new position in shares of Oshkosh in the third quarter valued at about $29,000. Torren Management LLC purchased a new position in shares of Oshkosh in the fourth quarter valued at about $30,000. V Square Quantitative Management LLC purchased a new position in shares of Oshkosh in the fourth quarter valued at about $44,000. Lodestone Wealth Management LLC purchased a new position in shares of Oshkosh in the fourth quarter valued at about $47,000. Finally, Basepoint Wealth LLC purchased a new position in shares of Oshkosh in the fourth quarter valued at about $51,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Insider Buying and Selling

In related news, Director Duncan Palmer sold 505 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total transaction of $67,599.30. Following the sale, the director owned 39,684 shares of the company’s stock, valued at $5,312,100.24. The trade was a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by insiders.

Oshkosh Trading Up 4.4%

Shares of OSK opened at $131.70 on Wednesday. Oshkosh Corporation has a 1-year low of $100.12 and a 1-year high of $180.49. The company has a current ratio of 1.63, a quick ratio of 0.83 and a debt-to-equity ratio of 0.13. The firm’s 50-day moving average price is $141.56 and its 200-day moving average price is $144.18. The firm has a market capitalization of $8.21 billion, a price-to-earnings ratio of 14.67, a PEG ratio of 0.62 and a beta of 1.26.

Oshkosh (NYSE:OSK) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.85 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.19). Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The business had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the previous year, the firm earned $1.92 EPS. The company’s revenue was up .2% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Sell-side analysts anticipate that Oshkosh Corporation will post 11 EPS for the current year.

Oshkosh Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th will be paid a dividend of $0.57 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.28 annualized dividend and a yield of 1.7%. Oshkosh’s payout ratio is presently 25.39%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on OSK shares. Robert W. Baird decreased their price objective on shares of Oshkosh from $175.00 to $172.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. Wells Fargo & Company lifted their target price on shares of Oshkosh from $168.00 to $204.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Zacks Research raised shares of Oshkosh from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. Raymond James Financial reaffirmed an “outperform” rating and set a $175.00 target price on shares of Oshkosh in a research note on Monday, March 2nd. Finally, Citigroup lowered shares of Oshkosh from a “buy” rating to a “neutral” rating and cut their target price for the company from $180.00 to $170.00 in a research note on Monday, April 13th. Eleven research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $165.38.

Oshkosh 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.