Oshkosh (NYSE:OSK) Stock Gets Price Target Trim from JPMorgan Chase & Co.

Oshkosh (NYSE:OSK) had its price objective lowered by JPMorgan Chase & Co. from $150.00 to $132.00 in a research report sent to investors on Thursday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

Several other analysts also recently issued reports on OSK. Weiss Ratings raised Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Wall Street Zen upgraded Oshkosh from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. Robert W. Baird lifted their target price on Oshkosh from $172.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. DA Davidson boosted their target price on Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, Zacks Research raised Oshkosh from a “strong sell” rating to a “hold” rating in a research report on Friday, August 21st. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $168.29.

Oshkosh Stock Performance

Shares of OSK opened at $125.10 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.96 and a current ratio of 1.72. Oshkosh has a twelve month low of $116.77 and a twelve month high of $180.49. The firm’s 50 day moving average price is $146.19 and its two-hundred day moving average price is $143.48. The firm has a market cap of $7.72 billion, a P/E ratio of 14.31, a PEG ratio of 0.92 and a beta of 1.26.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the prior year, the firm earned $3.41 earnings per share. The firm’s revenue was up 6.7% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. On average, analysts forecast that Oshkosh will post 10.75 EPS for the current fiscal year.

Oshkosh Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were given a $0.57 dividend. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.8%. Oshkosh’s payout ratio is currently 26.09%.

Insider Transactions at Oshkosh

In related news, Director John Pfeifer sold 778 shares of the stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $150.00, for a total transaction of $116,700.00. Following the completion of the transaction, the director directly owned 150,669 shares of the company’s stock, valued at approximately $22,600,350. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.64% of the company’s stock.

Institutional Investors Weigh In On Oshkosh

A number of institutional investors and hedge funds have recently made changes to their positions in OSK. Sacks & Associates LLC bought a new position in shares of Oshkosh in the third quarter valued at $271,000. GK Wealth Management LLC bought a new stake in shares of Oshkosh in the 3rd quarter valued at about $47,000. GAMMA Investing LLC lifted its stake in Oshkosh by 17.0% in the 3rd quarter. GAMMA Investing LLC now owns 1,262 shares of the company’s stock valued at $163,000 after purchasing an additional 183 shares during the last quarter. Farther Finance Advisors LLC increased its position in Oshkosh by 56.6% during the third quarter. Farther Finance Advisors LLC now owns 1,832 shares of the company’s stock worth $236,000 after buying an additional 662 shares during the last quarter. Finally, Valeo Financial Advisors LLC bought a new stake in Oshkosh in the third quarter valued at approximately $208,000. Institutional investors own 92.36% of the company’s stock.

Oshkosh Company Profile

Oshkosh Corporation (NYSE: OSK) is a specialty vehicle and equipment manufacturer headquartered in Oshkosh, Wisconsin. Founded in 1917, the company develops products for demanding applications in construction, infrastructure, emergency response, defense, and other commercial and industrial markets.

Its products include access equipment such as aerial work platforms and telehandlers, vocational trucks and truck bodies, refuse and concrete equipment, airport ground-support vehicles, and fire and emergency vehicles.