42,131 Shares in Oshkosh Corporation $OSK Bought by Empowered Funds LLC

Empowered Funds LLC bought a new stake in shares of Oshkosh Corporation (NYSE:OSK) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 42,131 shares of the company’s stock, valued at approximately $6,466,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Tower View Wealth Management LLC purchased a new stake in Oshkosh in the 1st quarter worth $29,000. Fiduciary Financial Advisors purchased a new position in shares of Oshkosh during the second quarter valued at about $38,000. Basepoint Wealth LLC purchased a new position in shares of Oshkosh during the fourth quarter valued at about $51,000. Global Retirement Partners LLC increased its holdings in shares of Oshkosh by 284.9% in the fourth quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock worth $51,000 after purchasing an additional 302 shares during the last quarter. Finally, Whittier Trust Co. increased its holdings in shares of 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. 92.36% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Wall Street Zen upgraded Oshkosh from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. Barclays raised their price target on Oshkosh from $150.00 to $170.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Morgan Stanley reduced 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. Weiss Ratings raised Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. Finally, Evercore reiterated an “outperform” rating and set a $181.00 target price on shares of Oshkosh in a research report on Monday, May 11th. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $170.71.

Oshkosh Stock Performance

Oshkosh stock opened at $154.37 on Monday. The company’s 50-day moving average price is $149.34 and its 200-day moving average price is $147.97. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13. The company has a market cap of $9.53 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 0.94 and a beta of 1.25. Oshkosh Corporation has a twelve month low of $116.77 and a twelve month high of $180.49.

Oshkosh (NYSE:OSK) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.63 by $0.24. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.80 billion. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter last year, the firm earned $3.41 EPS. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. On average, equities research analysts forecast that Oshkosh Corporation will post 10.72 EPS for the current fiscal year.

Oshkosh Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were paid a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Thursday, August 13th. Oshkosh’s dividend payout ratio (DPR) is presently 26.09%.

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.