Oshkosh Corp. (NYSE:OSK) shares saw strong trading volume on Friday . 570,549 shares were traded during trading, a decline of 8% from the previous session’s volume of 618,414 shares.The stock last traded at $49.06 and had previously closed at $48.86.

A number of equities analysts have issued reports on OSK shares. Bank of America Corp. raised Oshkosh Corp. from an “underperform” rating to a “neutral” rating in a report on Friday, April 29th. Zacks Investment Research raised Oshkosh Corp. from a “hold” rating to a “strong-buy” rating and set a $56.00 target price for the company in a report on Tuesday, May 3rd. Barrington Research upped their target price on Oshkosh Corp. to $45.00 in a report on Friday, March 25th. Drexel Hamilton reaffirmed a “hold” rating on shares of Oshkosh Corp. in a report on Tuesday, May 17th. Finally, Goldman Sachs Group Inc. upped their target price on Oshkosh Corp. from $32.00 to $38.00 in a report on Monday, March 28th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $45.38.

The stock has a market cap of $3.59 billion and a price-to-earnings ratio of 17.75. The firm has a 50-day moving average price of $47.13 and a 200-day moving average price of $40.85.

Oshkosh Corp. (NYSE:OSK) last released its quarterly earnings data on Thursday, April 28th. The company reported $0.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.33. During the same quarter in the prior year, the firm posted $0.81 EPS. The company earned $1.52 billion during the quarter, compared to analysts’ expectations of $1.37 billion. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. On average, analysts anticipate that Oshkosh Corp. will post $2.61 earnings per share for the current year.

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

Several hedge funds and institutional investors recently added to or reduced their stakes in the company. California Public Employees Retirement System increased its position in Oshkosh Corp. by 0.3% in the fourth quarter. California Public Employees Retirement System now owns 220,200 shares of the company’s stock valued at $8,597,000 after buying an additional 700 shares in the last quarter. Rhumbline Advisers increased its position in Oshkosh Corp. by 1.7% in the fourth quarter. Rhumbline Advisers now owns 122,230 shares of the company’s stock valued at $4,772,000 after buying an additional 2,055 shares in the last quarter. Suntrust Banks Inc. increased 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 in the last quarter. Bragg Financial Advisors Inc increased 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 in the last quarter. Finally, Liberty Mutual Group Asset Management Inc. increased its position in Oshkosh Corp. by 51.4% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 50,478 shares of the company’s stock valued at $1,970,000 after buying an additional 17,139 shares in 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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