Oshkosh Corporation $OSK Shares Purchased by Kennedy Capital Management LLC

Kennedy Capital Management LLC raised its holdings in Oshkosh Corporation (NYSE:OSK) by 5.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 210,631 shares of the company’s stock after acquiring an additional 10,474 shares during the quarter. Oshkosh accounts for about 0.6% of Kennedy Capital Management LLC’s portfolio, making the stock its 19th biggest holding. Kennedy Capital Management LLC owned 0.33% of Oshkosh worth $23,915,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Kodai Capital Management LP acquired a new stake in shares of Oshkosh in the first quarter worth $7,077,000. Ieq Capital LLC purchased a new stake in Oshkosh in the 1st quarter worth about $7,682,000. OMNI 360 Wealth Inc. acquired a new stake in Oshkosh during the 2nd quarter worth about $237,000. Caisse DE Depot ET Placement DU Quebec purchased a new position in Oshkosh during the 1st quarter valued at about $7,611,000. Finally, True North Advisors LLC acquired a new position in shares of Oshkosh in the 1st quarter valued at about $807,000. Institutional investors and hedge funds own 92.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on OSK. Wall Street Zen raised shares of Oshkosh from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. Weiss Ratings restated a “buy (b-)” rating on shares of Oshkosh in a report on Wednesday, October 8th. Truist Financial cut their price objective on Oshkosh from $171.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Zacks Research cut Oshkosh from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, JPMorgan Chase & Co. upped their target price on Oshkosh from $133.00 to $140.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 14th. Twelve investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $145.50.

Oshkosh Stock Up 2.8%

Shares of OSK stock opened at $128.20 on Thursday. The stock’s 50 day simple moving average is $128.26 and its 200 day simple moving average is $125.49. Oshkosh Corporation has a twelve month low of $76.82 and a twelve month high of $144.30. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.99 and a current ratio of 1.98. The company has a market capitalization of $8.11 billion, a price-to-earnings ratio of 12.51, a PEG ratio of 1.61 and a beta of 1.41.

Oshkosh (NYSE:OSK) last announced its earnings results on Wednesday, October 29th. The company reported $3.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.12 by $0.08. Oshkosh had a return on equity of 16.60% and a net margin of 6.43%.The firm had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.84 billion. During the same quarter in the prior year, the business earned $2.93 earnings per share. The company’s revenue was down 1.9% on a year-over-year basis. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. As a group, research analysts predict that Oshkosh Corporation will post 10.96 EPS for the current year.

Oshkosh Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, November 17th. Oshkosh’s dividend payout ratio (DPR) is 19.90%.

Oshkosh Profile

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.