Y Intercept Hong Kong Ltd Buys 25,037 Shares of Oshkosh Corporation $OSK

Y Intercept Hong Kong Ltd raised its stake in Oshkosh Corporation (NYSE:OSK) by 84.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,593 shares of the company’s stock after buying an additional 25,037 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Oshkosh were worth $8,037,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Goldman Sachs Group Inc. increased its stake in shares of Oshkosh by 43.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 225,130 shares of the company’s stock valued at $21,180,000 after acquiring an additional 68,165 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Oshkosh by 8.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 188,191 shares of the company’s stock valued at $17,705,000 after acquiring an additional 14,122 shares during the period. Focus Partners Wealth bought a new position in Oshkosh during the 1st quarter worth approximately $567,000. Sivia Capital Partners LLC acquired a new position in Oshkosh during the second quarter valued at approximately $325,000. Finally, California Public Employees Retirement System grew its holdings in Oshkosh by 1.3% during the second quarter. California Public Employees Retirement System now owns 111,199 shares of the company’s stock valued at $12,626,000 after purchasing an additional 1,404 shares during the period. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Stock Performance

Shares of OSK opened at $142.56 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 Corporation 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 $137.81 and its two-hundred day moving average price is $146.24. The firm has a market cap of $8.89 billion, a P/E ratio of 15.87, a PEG ratio of 0.70 and a beta of 1.23.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Friday, May 8th. The company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.19). Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the company earned $1.92 EPS. The firm’s revenue was up .2% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, analysts forecast that Oshkosh Corporation will post 11.01 EPS for the current fiscal year.

Oshkosh Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th were paid a $0.57 dividend. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $2.28 dividend on an annualized basis and a yield of 1.6%. Oshkosh’s dividend payout ratio is presently 25.39%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on OSK. Evercore reiterated an “outperform” rating and issued a $181.00 target price on shares of Oshkosh in a report on Monday, May 11th. Robert W. Baird decreased their price target on shares of Oshkosh from $175.00 to $172.00 and set an “outperform” rating for the company in a report on Monday, May 11th. UBS Group upped their price objective on shares of Oshkosh from $167.00 to $197.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Morgan Stanley dropped their price objective 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. Finally, Sanford C. Bernstein set a $138.00 target price on Oshkosh in a report on Thursday, April 9th. Ten research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $168.60.

Insider Transactions at Oshkosh

In other Oshkosh news, Director Duncan Palmer sold 505 shares of Oshkosh 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 sale, the director owned 39,684 shares of the company’s stock, valued at $5,312,100.24. This trade represents a 1.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.64% of the company’s stock.

Oshkosh Company 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.