ABN Amro Investment Solutions Sells 25,000 Shares of Oshkosh Corporation $OSK

ABN Amro Investment Solutions decreased its holdings in Oshkosh Corporation (NYSE:OSK) by 72.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 9,600 shares of the company’s stock after selling 25,000 shares during the quarter. ABN Amro Investment Solutions’ holdings in Oshkosh were worth $1,413,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Tower View Wealth Management LLC bought a new position in shares of Oshkosh during the 1st quarter worth approximately $29,000. Torren Management LLC acquired a new stake in Oshkosh during the 4th quarter valued at $30,000. V Square Quantitative Management LLC acquired a new stake in Oshkosh during the 4th quarter valued at $44,000. Whittier Trust Co. boosted its position in Oshkosh by 33.7% during the first quarter. Whittier Trust Co. now owns 373 shares of the company’s stock worth $55,000 after purchasing an additional 94 shares during the period. Finally, Lodestone Wealth Management LLC bought a new position in Oshkosh during the fourth quarter worth $47,000. 92.36% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related 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 transaction of $67,599.30. Following the completion of the transaction, the director directly owned 39,684 shares in the company, valued at $5,312,100.24. This represents a 1.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on OSK. Truist Financial raised their target price on shares of Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Weiss Ratings upgraded shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Robert W. Baird lowered their target price on Oshkosh from $175.00 to $172.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. Citigroup downgraded 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 note on Monday, April 13th. Finally, JPMorgan Chase & Co. decreased their price objective on Oshkosh from $158.00 to $145.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Eleven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $168.60.

Oshkosh Price Performance

Oshkosh stock opened at $154.97 on Friday. 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 Corporation has a 52 week low of $116.77 and a 52 week high of $180.49. The stock has a market capitalization of $9.66 billion, a P/E ratio of 17.26, a price-to-earnings-growth ratio of 0.75 and a beta of 1.23. The stock has a fifty day moving average of $138.63 and a 200-day moving average of $148.00.

Oshkosh (NYSE:OSK) last released 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 business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period last year, the business earned $1.92 earnings per share. The business’s quarterly revenue was up .2% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, sell-side analysts expect that Oshkosh Corporation will post 10.87 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

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

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.