Corient Private Wealth LLC Has $5.66 Million Stake in Oshkosh Corporation $OSK

Corient Private Wealth LLC reduced its position in Oshkosh Corporation (NYSE:OSK) by 10.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 44,993 shares of the company’s stock after selling 5,470 shares during the quarter. Corient Private Wealth LLC owned approximately 0.07% of Oshkosh worth $5,655,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Torren Management LLC acquired a new position in shares of Oshkosh in the 4th quarter valued at about $30,000. V Square Quantitative Management LLC acquired a new stake in Oshkosh during the fourth quarter worth approximately $44,000. Lodestone Wealth Management LLC acquired a new stake in Oshkosh during the fourth quarter worth approximately $47,000. Basepoint Wealth LLC bought a new stake in Oshkosh in the fourth quarter worth approximately $51,000. Finally, Global Retirement Partners LLC increased its holdings in Oshkosh by 284.9% in the fourth quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock worth $51,000 after purchasing an additional 302 shares in the last quarter. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Trading Up 5.3%

Shares of Oshkosh stock opened at $150.91 on Friday. The stock has a market capitalization of $9.41 billion, a PE ratio of 16.81, a price-to-earnings-growth ratio of 0.70 and a beta of 1.26. Oshkosh Corporation has a 52 week low of $109.80 and a 52 week high of $180.49. The stock has a 50 day moving average price of $137.68 and a two-hundred day moving average price of $145.61. 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:OSK) last issued its earnings results on Friday, May 8th. The company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The firm had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same period in the previous year, the company earned $1.92 earnings per share. Oshkosh’s revenue for the quarter 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 analysts anticipate that Oshkosh Corporation will post 11 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders 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 1.5%. The ex-dividend date was Tuesday, May 26th. Oshkosh’s dividend payout ratio (DPR) is currently 25.39%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on OSK shares. 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 lowered shares of Oshkosh from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $180.00 to $170.00 in a research note on Monday, April 13th. Raymond James Financial reissued an “outperform” rating and set a $175.00 target price on shares of Oshkosh in a research note on Monday, March 2nd. Sanford C. Bernstein set a $138.00 target price on shares of Oshkosh in a research note on Thursday, April 9th. Finally, UBS Group lifted their price target on shares of Oshkosh from $167.00 to $197.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Ten equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $165.38.

Insider Activity at Oshkosh

In other 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 completion of the sale, the director directly 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 currently owned by insiders.

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.