True Vision MN LLC Makes New Investment in Oshkosh Corporation $OSK

True Vision MN LLC purchased a new stake in shares of Oshkosh Corporation (NYSE:OSKFree Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,856 shares of the company’s stock, valued at approximately $568,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Hsbc Holdings PLC increased its holdings in Oshkosh by 80.8% during the 4th quarter. Hsbc Holdings PLC now owns 38,672 shares of the company’s stock worth $4,870,000 after acquiring an additional 17,282 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in Oshkosh by 40.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 14,639 shares of the company’s stock valued at $1,839,000 after purchasing an additional 4,243 shares during the period. Advisortrust Partners LLC bought a new position in Oshkosh in the 4th quarter valued at $308,000. Groupama Asset Managment grew its position in shares of Oshkosh by 1.7% during the 4th quarter. Groupama Asset Managment now owns 5,409 shares of the company’s stock valued at $680,000 after purchasing an additional 93 shares in the last quarter. Finally, Pacer Advisors Inc. grew its position in shares of Oshkosh by 1,845.7% during the 4th quarter. Pacer Advisors Inc. now owns 227,788 shares of the company’s stock valued at $28,617,000 after purchasing an additional 216,081 shares in the last quarter. 92.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

OSK has been the topic of a number of recent analyst reports. Zacks Research upgraded Oshkosh from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 5th. Raymond James Financial restated an “outperform” rating and issued a $175.00 target price on shares of Oshkosh in a research note on Monday, March 2nd. Wells Fargo & Company raised their price target on Oshkosh from $168.00 to $204.00 and gave the company an “overweight” rating in a report on Wednesday, February 25th. Morgan Stanley dropped their price target on Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. cut their price objective on Oshkosh from $158.00 to $145.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Ten analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Oshkosh presently has an average rating of “Moderate Buy” and a consensus target price of $165.38.

Read Our Latest Stock Analysis on OSK

Insider Buying and Selling at Oshkosh

In related news, Director Duncan Palmer sold 505 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director owned 39,684 shares in the company, valued at $5,312,100.24. The trade was a 1.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.64% of the company’s stock.

Oshkosh Stock Performance

NYSE OSK opened at $140.01 on Monday. Oshkosh Corporation has a 52-week low of $106.37 and a 52-week high of $180.49. The company has a fifty day moving average of $138.38 and a 200-day moving average of $145.16. The company has a market capitalization of $8.73 billion, a P/E ratio of 15.59, a P/E/G ratio of 0.68 and a beta of 1.26. 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 (NYSE:OSKGet Free Report) last released its 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). Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the company earned $1.92 EPS. The firm’s revenue was up .2% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. As a group, equities research analysts predict that Oshkosh Corporation will post 11 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th were issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, May 26th. Oshkosh’s dividend payout ratio (DPR) is currently 25.39%.

Oshkosh Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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