Oshkosh (NYSE:OSK) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Oshkosh (NYSE:OSK) from a hold rating to a buy rating in a research note released on Saturday morning.

A number of other brokerages have also recently weighed in on OSK. DA Davidson lifted their price target on shares of Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Evercore reiterated an “outperform” rating and issued a $181.00 target price on shares of Oshkosh in a report on Monday, May 11th. Morgan Stanley decreased their price target on Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 12th. Truist Financial lifted their price objective on Oshkosh from $176.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Finally, Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. Eleven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $171.33.

Oshkosh Price Performance

OSK stock opened at $148.10 on Friday. Oshkosh has a 52-week low of $116.77 and a 52-week high of $180.49. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13. The stock has a market cap of $9.14 billion, a price-to-earnings ratio of 16.95, a price-to-earnings-growth ratio of 0.89 and a beta of 1.25. The business has a fifty day moving average of $141.27 and a two-hundred day moving average of $148.07.

Oshkosh (NYSE:OSK) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.63 by $0.24. The business had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.80 billion. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.The company’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.41 EPS. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. As a group, research analysts anticipate that Oshkosh will post 10.54 earnings per share for the current year.

Oshkosh Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, August 13th. Oshkosh’s dividend payout ratio (DPR) is currently 26.09%.

Insider Activity at Oshkosh

In other Oshkosh news, Director Duncan Palmer sold 505 shares of the business’s 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 transaction, the director owned 39,684 shares in the company, 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 at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Oshkosh

Several large investors have recently bought and sold shares of OSK. Tower View Wealth Management LLC purchased a new position in shares of Oshkosh in the 1st quarter valued at about $29,000. Torren Management LLC acquired a new stake in Oshkosh in the fourth quarter valued at approximately $30,000. V Square Quantitative Management LLC acquired a new stake in Oshkosh in the fourth quarter valued at approximately $44,000. Whittier Trust Co. lifted its stake in Oshkosh by 33.7% in the first quarter. Whittier Trust Co. now owns 373 shares of the company’s stock worth $55,000 after acquiring an additional 94 shares during the last quarter. Finally, Basepoint Wealth LLC purchased a new position in Oshkosh in the fourth quarter worth approximately $51,000. 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.