Oshkosh Corporation (NYSE:OSK) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Oshkosh Corporation (NYSE:OSK) have been given an average recommendation of “Moderate Buy” by the seventeen analysts that are presently covering the company, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $168.60.

Several equities analysts have weighed in on the stock. Robert W. Baird decreased their target price on shares of Oshkosh from $175.00 to $172.00 and set an “outperform” rating on the stock 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 dropped their price target on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. Sanford C. Bernstein set a $138.00 price objective on Oshkosh in a research report on Thursday, April 9th. Finally, Evercore reiterated an “outperform” rating and set a $181.00 target price on shares of Oshkosh in a research note on Monday, May 11th.

Oshkosh Stock Performance

NYSE:OSK opened at $142.56 on Monday. The company has a current ratio of 1.63, a quick ratio of 0.83 and a debt-to-equity ratio of 0.13. The company’s 50-day moving average price is $137.81 and its 200-day moving average price is $146.35. Oshkosh has a twelve month low of $116.77 and a twelve month high of $180.49. The company has a market cap of $8.89 billion, a P/E ratio of 15.87, a P/E/G ratio of 0.70 and a beta of 1.23.

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 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%. Oshkosh’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter last year, the company earned $1.92 earnings per share. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, sell-side analysts forecast that Oshkosh will post 11.01 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th were given a $0.57 dividend. 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 25.39%.

Insider Activity

In other Oshkosh news, Director Duncan Palmer sold 505 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total transaction of $67,599.30. Following the transaction, the director owned 39,684 shares of the company’s stock, valued at approximately $5,312,100.24. This trade represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Oshkosh

A number of hedge funds have recently modified their holdings of OSK. Tower View Wealth Management LLC purchased a new position in Oshkosh during the 1st quarter worth $29,000. Torren Management LLC purchased a new position in shares of Oshkosh in the 4th quarter valued at approximately $30,000. V Square Quantitative Management LLC purchased a new position in shares of Oshkosh in the 4th quarter valued at approximately $44,000. Lodestone Wealth Management LLC acquired a new position in shares of Oshkosh in the fourth quarter valued at approximately $47,000. Finally, Basepoint Wealth LLC acquired a new position in Oshkosh in the 4th quarter valued at $51,000. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

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.