Allianz Asset Management GmbH Has $74.46 Million Position in Oshkosh Corporation $OSK

Allianz Asset Management GmbH increased its position in Oshkosh Corporation (NYSE:OSK) by 172.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 592,709 shares of the company’s stock after buying an additional 375,344 shares during the quarter. Allianz Asset Management GmbH’s holdings in Oshkosh were worth $74,462,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. IFP Advisors Inc increased its position in Oshkosh by 11.7% during the 4th quarter. IFP Advisors Inc now owns 838 shares of the company’s stock valued at $105,000 after purchasing an additional 88 shares during the period. HB Wealth Management LLC increased its position in Oshkosh by 4.1% during the 4th quarter. HB Wealth Management LLC now owns 2,502 shares of the company’s stock valued at $314,000 after purchasing an additional 98 shares during the period. Tower Research Capital LLC TRC increased its position in Oshkosh by 6.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,763 shares of the company’s stock valued at $200,000 after purchasing an additional 100 shares during the period. New Wave Wealth Advisors LLC increased its position in Oshkosh by 5.8% during the 4th quarter. New Wave Wealth Advisors LLC now owns 1,924 shares of the company’s stock valued at $242,000 after purchasing an additional 106 shares during the period. Finally, Burns Matteson Capital Management LLC increased its position in Oshkosh by 3.6% during the 4th quarter. Burns Matteson Capital Management LLC now owns 3,779 shares of the company’s stock valued at $475,000 after purchasing an additional 133 shares during the period. Institutional investors and hedge funds own 92.36% of the company’s stock.

Insider Transactions at Oshkosh

In other news, Director Duncan Palmer sold 505 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total transaction of $67,599.30. Following the completion of the sale, the director directly owned 39,684 shares of the company’s stock, 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 the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by company insiders.

Oshkosh Trading Down 4.2%

NYSE OSK opened at $127.06 on Thursday. The firm has a market capitalization of $7.92 billion, a P/E ratio of 14.15, a PEG ratio of 0.65 and a beta of 1.26. The business has a fifty day simple moving average of $139.96 and a 200 day simple moving average of $144.62. Oshkosh Corporation has a 12 month low of $106.37 and a 12 month 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.

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

Oshkosh Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th were paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Tuesday, May 26th. Oshkosh’s dividend payout ratio is 25.39%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on OSK shares. Evercore restated an “outperform” rating and set a $181.00 price target on shares of Oshkosh in a report on Monday, May 11th. Wall Street Zen cut Oshkosh from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Morgan Stanley cut their price target on Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 12th. Citigroup cut Oshkosh from a “buy” rating to a “neutral” rating and cut their price target for the stock from $180.00 to $170.00 in a report on Monday, April 13th. Finally, Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a 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, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $165.38.

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.