Shares of Oshkosh Corp. (NYSE:OSK) shot up 2.6% on Thursday . The company traded as high as $48.92 and last traded at $48.87, with a volume of 618,882 shares trading hands. The stock had previously closed at $47.65.

OSK has been the topic of a number of recent research reports. TheStreet upgraded shares of Oshkosh Corp. from a “hold” rating to a “buy” rating in a report on Thursday, April 28th. Zacks Investment Research upgraded shares of Oshkosh Corp. from a “hold” rating to a “strong-buy” rating and set a $56.00 price target on the stock in a report on Tuesday, May 3rd. Jefferies Group lifted their price target on shares of Oshkosh Corp. from $53.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, July 15th. Bank of America Corp. upgraded shares of Oshkosh Corp. from an “underperform” rating to a “neutral” rating in a report on Friday, April 29th. Finally, Standpoint Research lowered shares of Oshkosh Corp. from a “buy” rating to a “hold” rating in a report on Friday, April 29th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $45.38.

The firm has a market capitalization of $3.58 billion and a PE ratio of 17.72. The stock’s 50-day moving average price is $47.06 and its 200 day moving average price is $40.77.

Oshkosh Corp. (NYSE:OSK) last announced 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 analysts’ expectations of $1.37 billion. Oshkosh Corp.’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period last year, the company posted $0.81 EPS. On average, equities analysts anticipate that Oshkosh Corp. will post $2.61 EPS for the current fiscal year.

In other news, VP Marek W. May sold 1,667 shares of the company’s stock in a transaction on Tuesday, May 3rd. The shares were sold at an average price of $47.43, for a total value of $79,065.81. Following the completion of the sale, the vice president now owns 13,593 shares of the company’s stock, valued at approximately $644,715.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard M. Donnelly sold 900 shares of the company’s stock in a transaction on Friday, May 20th. The shares were sold at an average price of $45.39, for a total transaction of $40,851.00. Following the completion of the sale, the director now directly 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 large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its stake in shares of 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. boosted 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 valued at $1,568,000 after buying an additional 3,052 shares during the last quarter. Bragg Financial Advisors Inc boosted 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 valued at $2,433,000 after buying an additional 14,316 shares during the last quarter. Harris Associates L P boosted its stake in shares of Oshkosh Corp. by 349.6% in the fourth quarter. Harris Associates L P now owns 1,292,700 shares of the company’s stock valued at $50,467,000 after buying an additional 1,005,150 shares during the last quarter. Finally, RidgeWorth Capital Management LLC boosted its stake in shares of Oshkosh Corp. by 22.7% in the fourth quarter. RidgeWorth Capital Management LLC now owns 1,606,250 shares of the company’s stock valued at $62,708,000 after buying an additional 296,650 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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