Insider Selling: Oshkosh (NYSE:OSK) Director Sells $67,599.30 in Stock

Oshkosh Corporation (NYSE:OSK) Director Duncan Palmer sold 505 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total value of $67,599.30. Following the completion of the sale, the director directly owned 39,684 shares of the company’s stock, valued at $5,312,100.24. The trade was a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Oshkosh Trading Down 4.6%

NYSE OSK opened at $120.28 on Friday. The firm has a market capitalization of $7.50 billion, a P/E ratio of 13.39, a PEG ratio of 0.62 and a beta of 1.33. The business has a fifty day simple moving average of $146.88 and a 200 day simple moving average of $143.96. Oshkosh Corporation has a 12 month low of $96.03 and a 12 month high of $180.49. The company has a current ratio of 1.63, a quick ratio of 0.83 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK) last released its quarterly earnings results on Friday, May 8th. The company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). The company had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.92 earnings per share. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, analysts predict that Oshkosh Corporation will post 11 EPS for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Tuesday, May 26th. Oshkosh’s dividend payout ratio is 25.39%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on OSK. Wells Fargo & Company upped their price objective on Oshkosh from $168.00 to $204.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Weiss Ratings downgraded Oshkosh from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. DA Davidson upped their price objective on Oshkosh from $160.00 to $168.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Sanford C. Bernstein set a $138.00 price objective on Oshkosh in a research note on Thursday, April 9th. Finally, Morgan Stanley reduced their price objective on Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a research note on Tuesday. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Oshkosh presently has an average rating of “Moderate Buy” and a consensus target price of $165.38.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its holdings in Oshkosh by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,051,511 shares of the company’s stock valued at $449,166,000 after buying an additional 46,306 shares in the last quarter. LSV Asset Management grew its holdings in Oshkosh by 0.9% during the 4th quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock valued at $240,427,000 after buying an additional 17,944 shares in the last quarter. Invesco Ltd. grew its holdings in Oshkosh by 20.4% during the 4th quarter. Invesco Ltd. now owns 1,777,735 shares of the company’s stock valued at $223,337,000 after buying an additional 300,766 shares in the last quarter. AQR Capital Management LLC grew its holdings in Oshkosh by 25.4% during the 2nd quarter. AQR Capital Management LLC now owns 1,709,338 shares of the company’s stock valued at $193,728,000 after buying an additional 345,782 shares in the last quarter. Finally, Southpoint Capital Advisors LP purchased a new position in Oshkosh during the 4th quarter valued at about $175,882,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

About Oshkosh

Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.