Paralel Advisors LLC Takes Position in Oshkosh Corporation $OSK

Paralel Advisors LLC purchased a new stake in shares of Oshkosh Corporation (NYSE:OSK) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 15,694 shares of the company’s stock, valued at approximately $2,409,000.

A number of other institutional investors also recently bought and sold shares of the stock. Annex Advisory Services LLC increased its position in Oshkosh by 2.8% during the second quarter. Annex Advisory Services LLC now owns 2,967 shares of the company’s stock valued at $455,000 after acquiring an additional 80 shares during the last quarter. World Investment Advisors lifted its holdings in shares of Oshkosh by 4.7% in the 1st quarter. World Investment Advisors now owns 1,809 shares of the company’s stock worth $266,000 after acquiring an additional 82 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Oshkosh by 11.7% in the 4th quarter. IFP Advisors Inc now owns 838 shares of the company’s stock worth $105,000 after acquiring an additional 88 shares during the last quarter. Waverly Advisors LLC boosted its stake in shares of Oshkosh by 0.5% during the 1st quarter. Waverly Advisors LLC now owns 18,595 shares of the company’s stock worth $2,737,000 after purchasing an additional 90 shares during the period. Finally, Personal CFO Solutions LLC boosted its stake in shares of Oshkosh by 4.8% during the 1st quarter. Personal CFO Solutions LLC now owns 1,992 shares of the company’s stock worth $293,000 after purchasing an additional 92 shares during the period. 92.36% of the stock is currently owned by institutional investors.

Oshkosh Price Performance

Shares of OSK stock opened at $152.72 on Friday. The company has a market capitalization of $9.43 billion, a P/E ratio of 17.47, a P/E/G ratio of 0.92 and a beta of 1.25. The company’s 50-day simple moving average is $147.15 and its two-hundred day simple moving average is $148.29. Oshkosh Corporation has a one year low of $116.77 and a one year high of $180.49. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.72 and a quick ratio of 0.96.

Oshkosh (NYSE:OSK) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.24. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the previous year, the firm posted $3.41 earnings per share. The company’s revenue was up 6.7% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. As a group, equities analysts anticipate that Oshkosh Corporation will post 10.72 EPS for the current year.

Oshkosh Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be given a dividend of $0.57 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.5%. Oshkosh’s dividend payout ratio is presently 26.09%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on OSK. Morgan Stanley reduced their price objective on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 12th. Zacks Research cut Oshkosh from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 23rd. Barclays increased their price target on Oshkosh from $150.00 to $170.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. raised their price target on Oshkosh from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Finally, DA Davidson boosted their price objective on Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Eleven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $171.33.

Oshkosh Profile

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.