Shares of Oshkosh Corp. (NYSE:OSK) saw unusually-strong trading volume on Thursday . Approximately 494,992 shares were traded 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.

A number of research analysts recently weighed in on OSK shares. Goldman Sachs Group Inc. raised their target price on shares of Oshkosh Corp. from $32.00 to $38.00 in a research report on Monday, March 28th. Barrington Research lifted their price objective on shares of Oshkosh Corp. to $45.00 in a research report on Friday, March 25th. Jefferies Group reissued a “buy” rating and issued a $53.00 price objective on shares of Oshkosh Corp. in a research report on Tuesday, June 7th. Citigroup Inc. lifted their price objective on shares of Oshkosh Corp. from $38.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, April 29th. Finally, TheStreet raised shares of Oshkosh Corp. from a “hold” rating to a “buy” rating in a research report on Thursday, April 28th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $45.00.

The company’s 50-day moving average is $46.43 and its 200-day moving average is $40.21. The stock has a market cap of $3.57 billion and a PE ratio of 17.65.

Oshkosh Corp. (NYSE:OSK) last posted its earnings results on Thursday, April 28th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.33. During the same quarter in the previous year, the company earned $0.81 EPS. The firm earned $1.52 billion during the quarter, compared to the consensus estimate of $1.37 billion. The business’s revenue was down 1.9% compared to the same quarter last year. On average, equities research analysts predict that Oshkosh Corp. will post $2.62 earnings per share for the current year.

In related news, VP Marek W. May sold 1,667 shares of the 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 transaction, the vice president now owns 13,593 shares in the company, valued at $644,715.99. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Richard M. Donnelly sold 900 shares of the stock in a transaction dated Friday, May 20th. The shares were sold at an average price of $45.39, for a total transaction of $40,851.00. Following the transaction, the director now owns 31,454 shares of the company’s stock, valued at approximately $1,427,697.06. The disclosure for this sale can be found here.

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

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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