BI Asset Management Fondsmaeglerselskab A S Acquires Shares of 28,206 Oshkosh Corporation $OSK

BI Asset Management Fondsmaeglerselskab A S bought a new stake in Oshkosh Corporation (NYSE:OSK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 28,206 shares of the company’s stock, valued at approximately $3,544,000.

A number of other institutional investors also recently modified their holdings of OSK. Abich Financial Wealth Management LLC bought a new stake in Oshkosh during the third quarter worth about $29,000. Torren Management LLC bought a new position in shares of Oshkosh in the fourth quarter worth about $30,000. V Square Quantitative Management LLC acquired a new position in shares of Oshkosh in the fourth 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 shares of Oshkosh in the fourth quarter valued at approximately $51,000. Institutional investors own 92.36% of the company’s stock.

Oshkosh Stock Performance

Shares of OSK stock opened at $131.26 on Tuesday. Oshkosh Corporation has a 52 week low of $106.37 and a 52 week high of $180.49. The firm has a 50 day moving average of $140.32 and a 200-day moving average of $144.48. The company has a quick ratio of 0.83, a current ratio of 1.63 and a debt-to-equity ratio of 0.13. The company has a market cap of $8.18 billion, a price-to-earnings ratio of 14.62, a price-to-earnings-growth ratio of 0.64 and a beta of 1.26.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data 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). Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter last year, the business posted $1.92 earnings per share. Oshkosh’s revenue was up .2% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, equities analysts forecast that Oshkosh Corporation will post 11 earnings per share for the current year.

Oshkosh Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.28 annualized dividend and a yield of 1.7%. Oshkosh’s dividend payout ratio (DPR) is 25.39%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Citigroup downgraded 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. Morgan Stanley lowered their price objective on Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. UBS Group upped their price objective on Oshkosh from $167.00 to $197.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Robert W. Baird decreased their target price on shares of Oshkosh from $175.00 to $172.00 and set an “outperform” rating for the company in a research report on Monday, May 11th. Finally, Truist Financial reissued a “hold” rating and set a $176.00 target price (down from $183.00) on shares of Oshkosh in a research report on Monday, May 11th. Eleven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Oshkosh has a consensus rating of “Moderate Buy” and an average target price of $165.38.

Insiders Place Their Bets

In related news, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction dated 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 of the company’s stock, valued at approximately $5,312,100.24. This trade represents a 1.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.64% of the company’s stock.

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.