AXQ Capital LP Has $254,000 Stock Holdings in Oshkosh Corporation $OSK

AXQ Capital LP lowered its holdings in shares of Oshkosh Corporation (NYSE:OSK) by 74.1% in the 4th quarter, HoldingsChannel reports. The firm owned 2,022 shares of the company’s stock after selling 5,798 shares during the period. AXQ Capital LP’s holdings in Oshkosh were worth $254,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Keybank National Association OH purchased a new stake in Oshkosh in the third quarter worth about $422,000. Murphy Middleton Hinkle & Parker Inc. purchased a new stake in Oshkosh in the fourth quarter worth about $4,183,000. Jupiter Asset Management Ltd. purchased a new stake in Oshkosh in the third quarter worth about $3,146,000. Machina Capital S.A.S. purchased a new stake in Oshkosh in the third quarter worth about $530,000. Finally, Versor Investments LP purchased a new stake in Oshkosh in the third quarter worth about $1,347,000. Institutional investors and hedge funds own 92.36% of the company’s stock.

Insider Buying and Selling at Oshkosh

In other news, Director Duncan Palmer sold 505 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were 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 of the company’s stock, valued at approximately $5,312,100.24. This represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.64% of the company’s stock.

Oshkosh Stock Down 1.8%

Shares of NYSE OSK opened at $130.76 on Friday. The firm’s 50-day moving average price is $140.56 and its 200-day moving average price is $144.26. 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 stock has a market capitalization of $8.15 billion, a price-to-earnings ratio of 14.56, a P/E/G ratio of 0.65 and a beta of 1.26. Oshkosh Corporation has a 12-month low of $106.37 and a 12-month high of $180.49.

Oshkosh (NYSE:OSK) last announced its earnings results on Friday, May 8th. The company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.19). The business had revenue of $2.32 billion for 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 firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.92 earnings per share. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, equities research analysts anticipate that Oshkosh Corporation will post 11 EPS for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 26th. Oshkosh’s dividend payout ratio is presently 25.39%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Citigroup downgraded shares of Oshkosh from a “buy” rating to a “neutral” rating and reduced their price target for the company from $180.00 to $170.00 in a research report on Monday, April 13th. Morgan Stanley reduced 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 report on Tuesday, May 12th. Wall Street Zen downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings raised shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. Finally, Raymond James Financial reissued an “outperform” rating and set a $175.00 price target on shares of Oshkosh in a research report on Monday, March 2nd. Eleven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.