Oshkosh Corporation (NYSE:OSK) Given Average Rating of “Moderate Buy” by Analysts

Shares of Oshkosh Corporation (NYSE:OSK) have been assigned a consensus rating of “Moderate Buy” from the eighteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $165.3750.

OSK has been the topic of a number of recent research reports. Citigroup cut Oshkosh from a “buy” rating to a “neutral” rating and cut their target price for the stock from $180.00 to $170.00 in a research note on Monday, April 13th. UBS Group increased their target price on Oshkosh from $167.00 to $197.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Zacks Research raised Oshkosh from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. JPMorgan Chase & Co. cut their target price on Oshkosh from $158.00 to $145.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $175.00 target price on shares of Oshkosh in a research note on Monday, March 2nd.

Oshkosh Price Performance

Shares of OSK stock opened at $127.06 on Thursday. The stock has a market cap of $7.92 billion, a price-to-earnings ratio of 14.15, a PEG ratio of 0.65 and a beta of 1.26. The business’s fifty day moving average is $139.96 and its 200 day moving average is $144.62. Oshkosh has a twelve month low of $106.37 and a twelve month high of $180.49. The company has a quick ratio of 0.83, a current ratio of 1.63 and a debt-to-equity ratio of 0.13.

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

Oshkosh Dividend Announcement

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

Insider Activity at Oshkosh

In other news, Director Duncan Palmer sold 505 shares of the stock in a transaction on Tuesday, May 12th. The stock was 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 of the company’s stock, valued at approximately $5,312,100.24. This represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.64% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP lifted its holdings in shares of Oshkosh by 1.5% during the first quarter. Dimensional Fund Advisors LP now owns 3,051,511 shares of the company’s stock valued at $449,166,000 after purchasing an additional 46,306 shares in the last quarter. LSV Asset Management lifted its holdings in shares of Oshkosh by 0.9% during the fourth quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock valued at $240,427,000 after purchasing an additional 17,944 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Oshkosh by 20.4% during the fourth quarter. Invesco Ltd. now owns 1,777,735 shares of the company’s stock valued at $223,337,000 after purchasing an additional 300,766 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Oshkosh by 25.4% during the second quarter. AQR Capital Management LLC now owns 1,709,338 shares of the company’s stock valued at $193,728,000 after purchasing an additional 345,782 shares in the last quarter. Finally, Southpoint Capital Advisors LP bought a new position in shares of Oshkosh during the fourth quarter valued at $175,882,000. 92.36% of the stock is owned by institutional investors.

About Oshkosh

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.