Shares of Oshkosh Corp. (NYSE:OSK) saw unusually-strong trading volume on Thursday . Approximately 494,992 shares traded hands during mid-day trading, a decline of 19% from the previous session’s volume of 609,295 shares.The stock last traded at $46.38 and had previously closed at $46.06.

Several equities research analysts recently weighed in on OSK shares. Goldman Sachs Group Inc. increased their target price on shares of Oshkosh Corp. from $32.00 to $38.00 in a research note on Monday, March 28th. Zacks Investment Research raised shares of Oshkosh Corp. from a “sell” rating to a “hold” rating in a research report on Thursday, March 31st. Drexel Hamilton reissued a “hold” rating on shares of Oshkosh Corp. in a research report on Tuesday, May 17th. Macquarie assumed coverage on shares of Oshkosh Corp. in a research report on Monday, May 23rd. They issued a “neutral” rating for the company. Finally, Standpoint Research lowered shares of Oshkosh Corp. from a “buy” rating to a “hold” rating in a research report on Friday, April 29th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Oshkosh Corp. has an average rating of “Buy” and an average price target of $45.00.

The firm has a market cap of $3.43 billion and a PE ratio of 16.94. The stock’s 50-day moving average price is $46.32 and its 200 day moving average price is $40.13.

Oshkosh Corp. (NYSE:OSK) last posted its quarterly earnings data on Thursday, April 28th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.33. The business earned $1.52 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same period in the prior year, the firm earned $0.81 EPS. The business’s revenue for the quarter was down 1.9% on a year-over-year basis. Equities analysts predict that Oshkosh Corp. will post $2.62 EPS for the current year.

In other Oshkosh Corp. news, Director Richard M. Donnelly sold 900 shares of the business’s stock in a transaction dated Friday, May 20th. The shares were sold at an average price of $45.39, for a total value of $40,851.00. Following the completion of the sale, the director now owns 31,454 shares of the company’s stock, valued at approximately $1,427,697.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Marek W. May sold 1,667 shares of the business’s stock in a transaction dated Tuesday, May 3rd. The shares were sold at an average price of $47.43, for a total transaction of $79,065.81. Following the completion of the sale, the vice president now directly owns 13,593 shares of the company’s stock, valued at approximately $644,715.99. The disclosure for this sale can be found here.

A number of hedge funds have bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in Oshkosh Corp. by 24.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,883,138 shares of the company’s stock worth $73,519,000 after buying an additional 371,855 shares in the last quarter. Suntrust Banks Inc. increased its stake in shares of Oshkosh Corp. by 8.2% in the fourth quarter. Suntrust Banks Inc. now owns 40,198 shares of the company’s stock worth $1,568,000 after buying an additional 3,052 shares during the period. Bragg Financial Advisors Inc increased its stake in shares of Oshkosh Corp. by 29.8% in the fourth quarter. Bragg Financial Advisors Inc now owns 62,312 shares of the company’s stock worth $2,433,000 after buying an additional 14,316 shares during the period. Wells Fargo & Company MN increased its stake in shares of Oshkosh Corp. by 1.8% in the fourth quarter. Wells Fargo & Company MN now owns 42,232 shares of the company’s stock worth $1,649,000 after buying an additional 739 shares during the period. Finally, Morgan Stanley increased its stake in shares of Oshkosh Corp. by 14.3% in the fourth quarter. Morgan Stanley now owns 109,637 shares of the company’s stock worth $4,281,000 after buying an additional 13,728 shares during the period.

Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.

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