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

Oshkosh Corporation (NYSE:OSK) declared a quarterly dividend on Tuesday, July 28th. Investors of record on Thursday, August 13th will be given a dividend of 0.57 per share on Thursday, August 27th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Thursday, August 13th.

Oshkosh has increased its dividend payment by an average of 0.1%per year 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. Research 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 Stock Performance

NYSE OSK traded down $2.56 during trading hours on Tuesday, reaching $152.39. 2,149,795 shares of the company were exchanged, compared to its average volume of 778,822. Oshkosh has a 1 year low of $116.77 and a 1 year high of $180.49. The business’s 50 day simple moving average is $139.28 and its 200-day simple moving average is $148.14. The company has a quick ratio of 0.83, a current ratio of 1.63 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $9.50 billion, a P/E ratio of 16.97, a P/E/G ratio of 0.77 and a beta of 1.23.

Oshkosh (NYSE:OSK) last released its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.61 by $0.26. Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.79 billion. During the same period in the prior year, the firm earned $3.41 EPS. The company’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, equities research analysts expect that Oshkosh will post 10.87 earnings per share for the current year.

Insider Transactions at Oshkosh

In other 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 transaction of $67,599.30. Following the completion of the sale, the director owned 39,684 shares in the company, valued at approximately $5,312,100.24. This trade represents a 1.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Oshkosh

Several institutional investors have recently modified their holdings of the company. Tower View Wealth Management LLC bought a new stake in shares of Oshkosh in the 1st quarter worth approximately $29,000. Torren Management LLC bought a new position in shares of Oshkosh during the 4th quarter valued at $30,000. V Square Quantitative Management LLC purchased a new position in Oshkosh in the 4th quarter worth $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 purchasing an additional 94 shares during the last quarter. Finally, Lodestone Wealth Management LLC bought a new stake in Oshkosh in the fourth quarter worth $47,000. 92.36% of the stock is currently owned by institutional investors.

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.