8,514 Shares in Oshkosh Corporation $OSK Purchased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. purchased a new stake in shares of Oshkosh Corporation (NYSE:OSK) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,514 shares of the company’s stock, valued at approximately $1,307,000.

Several other large investors have also recently added to or reduced their stakes in OSK. Tower View Wealth Management LLC bought a new position in shares of Oshkosh in the first quarter valued at approximately $29,000. Torren Management LLC bought a new stake in Oshkosh during the 4th quarter worth approximately $30,000. Whittier Trust Co. grew its position in Oshkosh by 33.7% during the 1st quarter. Whittier Trust Co. now owns 373 shares of the company’s stock worth $55,000 after acquiring an additional 94 shares during the last quarter. Basepoint Wealth LLC acquired a new stake in Oshkosh during the 4th quarter valued at $51,000. Finally, Global Retirement Partners LLC increased its holdings in Oshkosh by 284.9% during the 4th quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock valued at $51,000 after purchasing an additional 302 shares in the last quarter. 92.36% of the stock is owned by institutional investors.

Oshkosh Price Performance

Oshkosh stock opened at $152.96 on Monday. The company has a current ratio of 1.72, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $9.44 billion, a P/E ratio of 17.50, a PEG ratio of 0.94 and a beta of 1.25. The business has a 50-day moving average of $145.57 and a 200-day moving average of $148.17. Oshkosh Corporation has a 1 year low of $116.77 and a 1 year high of $180.49.

Oshkosh (NYSE:OSK) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) 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 company had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.80 billion. During the same quarter in the previous year, the business earned $3.41 EPS. The firm’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. On average, equities analysts anticipate that Oshkosh Corporation will post 10.72 EPS for the current year.

Oshkosh Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on OSK. Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Robert W. Baird raised their target price on Oshkosh from $172.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. DA Davidson raised 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. Truist Financial lifted their price target on Oshkosh from $176.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Finally, Evercore reiterated an “outperform” rating and set a $181.00 price target on shares of Oshkosh in a research report on Monday, May 11th. Eleven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target 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.