Oshkosh Corporation Declares Quarterly Dividend of $0.57 (NYSE:OSK)

Oshkosh Corporation (NYSE:OSK) announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Tuesday, May 26th will be given a dividend of 0.57 per share on Tuesday, June 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, May 26th.

Oshkosh has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 13 years. Oshkosh has a dividend payout ratio of 19.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Oshkosh to earn $13.74 per share next year, which means the company should continue to be able to cover its $2.28 annual dividend with an expected future payout ratio of 16.6%.

Oshkosh Price Performance

OSK stock opened at $128.44 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.63. Oshkosh has a 1 year low of $96.03 and a 1 year high of $180.49. The firm has a market cap of $8.01 billion, a P/E ratio of 14.30, a price-to-earnings-growth ratio of 0.63 and a beta of 1.33. The stock has a 50-day simple moving average of $143.79 and a 200-day simple moving average of $143.78.

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

Insider Transactions at Oshkosh

In related news, Director Duncan Palmer sold 505 shares of the stock in a transaction dated Tuesday, May 12th. The stock was 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 of the company’s stock, valued at approximately $5,312,100.24. This represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Anupam Khare sold 4,000 shares of the stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $169.07, for a total value of $676,280.00. Following the completion of the transaction, the senior vice president directly owned 13,577 shares of the company’s stock, valued at $2,295,463.39. This represents a 22.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.64% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Abich Financial Wealth Management LLC bought a new position in Oshkosh during the 3rd quarter worth approximately $29,000. Tower View Wealth Management LLC bought a new position in Oshkosh during the 1st quarter worth approximately $29,000. Torren Management LLC bought a new position in Oshkosh during the 4th quarter worth approximately $30,000. Root Financial Partners LLC bought a new position in Oshkosh during the 3rd quarter worth approximately $35,000. Finally, V Square Quantitative Management LLC bought a new position in Oshkosh during the 4th quarter worth approximately $44,000. 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.