Oshkosh Corporation $OSK Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets trimmed its position in shares of Oshkosh Corporation (NYSE:OSK) by 57.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 103,551 shares of the company’s stock after selling 140,983 shares during the period. BNP Paribas Financial Markets’ holdings in Oshkosh were worth $13,009,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Norges Bank acquired a new position in Oshkosh during the 4th quarter worth $127,907,000. Alliancebernstein L.P. grew its holdings in Oshkosh by 908.0% during the 3rd quarter. Alliancebernstein L.P. now owns 913,497 shares of the company’s stock worth $118,481,000 after acquiring an additional 822,874 shares in the last quarter. Capital Research Global Investors acquired a new position in Oshkosh during the 3rd quarter worth $63,441,000. Thrivent Financial for Lutherans grew its holdings in Oshkosh by 1,945.0% during the 4th quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company’s stock worth $53,468,000 after acquiring an additional 404,788 shares in the last quarter. Finally, Truist Financial Corp grew its holdings in Oshkosh by 1,904.0% during the 4th quarter. Truist Financial Corp now owns 399,046 shares of the company’s stock worth $50,132,000 after acquiring an additional 379,134 shares in the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have weighed in on OSK. Raymond James Financial reissued an “outperform” rating and set a $175.00 price objective on shares of Oshkosh in a report on Monday, March 2nd. Wells Fargo & Company raised their price objective on shares of Oshkosh from $168.00 to $204.00 and gave the stock an “overweight” rating in a report on Wednesday, February 25th. Morgan Stanley reduced their price target on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 12th. Wall Street Zen downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Weiss Ratings upgraded shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. Eleven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Oshkosh currently has an average rating of “Moderate Buy” and an average price target of $165.38.

Insiders Place Their Bets

In related news, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total value of $67,599.30. Following the sale, the director directly owned 39,684 shares in the company, valued at $5,312,100.24. This trade represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by corporate insiders.

Oshkosh Trading Up 0.2%

Oshkosh stock opened at $130.76 on Monday. The firm’s 50-day moving average is $140.56 and its 200-day moving average is $144.42. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.63. Oshkosh Corporation has a 1 year low of $106.37 and a 1 year high of $180.49. The company has a market cap of $8.15 billion, a P/E ratio of 14.56, a PEG ratio of 0.64 and a beta of 1.26.

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

Oshkosh Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th will be given a $0.57 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $2.28 annualized dividend and a yield of 1.7%. Oshkosh’s dividend payout ratio (DPR) is currently 25.39%.

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.