Oshkosh Corporation (NYSE:OSK) had its price target hoisted by Deutsche Bank AG from $79.00 to $80.00 in a research note issued to investors on Thursday. The firm currently has a hold rating on the stock.

A number of other research analysts have also recently weighed in on OSK. Zacks Investment Research raised shares of Oshkosh Corporation from a hold rating to a buy rating and set a $77.00 price target on the stock in a research report on Saturday, April 8th. Royal Bank Of Canada lifted their price target on shares of Oshkosh Corporation from $79.00 to $80.00 and gave the company an outperform rating in a research report on Thursday, April 27th. Barrington Research lifted their price target on shares of Oshkosh Corporation from $75.00 to $86.00 and gave the company an outperform rating in a research report on Thursday, April 27th. ValuEngine raised shares of Oshkosh Corporation from a hold rating to a buy rating in a research report on Friday, June 2nd. Finally, Jefferies Group LLC reaffirmed a buy rating and set a $85.00 price target on shares of Oshkosh Corporation in a research report on Thursday, June 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company. Oshkosh Corporation has a consensus rating of Buy and an average price target of $75.08.

Shares of Oshkosh Corporation (OSK) opened at 74.99 on Thursday. The firm’s 50-day moving average is $68.51 and its 200-day moving average is $68.23. Oshkosh Corporation has a 12-month low of $50.77 and a 12-month high of $75.27. The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 22.25 and a beta of 1.81.

Oshkosh Corporation (NYSE:OSK) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.51. The firm had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. Oshkosh Corporation had a net margin of 3.83% and a return on equity of 14.49%. Oshkosh Corporation’s revenue was up 16.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.13 earnings per share. Equities research analysts forecast that Oshkosh Corporation will post $3.87 EPS for the current fiscal year.

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The company also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Friday, August 18th will be given a dividend of $0.21 per share. The ex-dividend date is Wednesday, August 16th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.12%. Oshkosh Corporation’s payout ratio is currently 25.07%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Oshkosh Corporation by 16.8% in the first quarter. Vanguard Group Inc. now owns 6,767,922 shares of the company’s stock worth $464,212,000 after buying an additional 973,348 shares during the period. BlackRock Inc. raised its stake in shares of Oshkosh Corporation by 5,532.7% in the first quarter. BlackRock Inc. now owns 6,431,080 shares of the company’s stock worth $441,107,000 after buying an additional 6,316,906 shares during the period. Alliancebernstein L.P. raised its stake in shares of Oshkosh Corporation by 4.4% in the first quarter. Alliancebernstein L.P. now owns 4,279,772 shares of the company’s stock worth $293,550,000 after buying an additional 178,674 shares during the period. Aristotle Capital Management LLC raised its stake in shares of Oshkosh Corporation by 4.6% in the first quarter. Aristotle Capital Management LLC now owns 4,268,889 shares of the company’s stock worth $292,803,000 after buying an additional 188,368 shares during the period. Finally, AQR Capital Management LLC raised its stake in shares of Oshkosh Corporation by 54.3% in the first quarter. AQR Capital Management LLC now owns 2,950,143 shares of the company’s stock worth $202,350,000 after buying an additional 1,037,968 shares during the period. 95.09% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Corporation Company Profile

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.

Analyst Recommendations for Oshkosh Corporation (NYSE:OSK)

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