UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 20,734 Shares of Oshkosh Corporation $OSK

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its holdings in shares of Oshkosh Corporation (NYSE:OSK) by 12.4% in the second quarter, Holdings Channel.com reports. The fund owned 146,232 shares of the company’s stock after selling 20,734 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Oshkosh were worth $22,444,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Goldman Sachs Group Inc. lifted its position in shares of Oshkosh by 43.4% during the first quarter. Goldman Sachs Group Inc. now owns 225,130 shares of the company’s stock worth $21,180,000 after purchasing an additional 68,165 shares during the last quarter. Focus Partners Wealth bought a new position in shares of Oshkosh in the first quarter worth about $567,000. Sivia Capital Partners LLC bought a new position in shares of Oshkosh in the second quarter worth about $325,000. California Public Employees Retirement System increased its stake in Oshkosh by 1.3% in the 2nd quarter. California Public Employees Retirement System now owns 111,199 shares of the company’s stock worth $12,626,000 after buying an additional 1,404 shares during the period. Finally, NewEdge Advisors LLC increased its stake in Oshkosh by 1,207.3% in the 2nd quarter. NewEdge Advisors LLC now owns 1,961 shares of the company’s stock worth $223,000 after buying an additional 1,811 shares during the period. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Oshkosh from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Robert W. Baird raised their target price on shares of Oshkosh from $172.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Wall Street Zen raised shares of Oshkosh from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. DA Davidson increased their price objective on Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Barclays raised their price objective on Oshkosh from $150.00 to $170.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $170.71.

Oshkosh Trading Up 0.1%

NYSE OSK opened at $156.54 on Friday. Oshkosh Corporation has a one year low of $116.77 and a one year high of $180.49. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.96 and a current ratio of 1.72. The company has a market capitalization of $9.66 billion, a price-to-earnings ratio of 17.91, a price-to-earnings-growth ratio of 1.16 and a beta of 1.27. The company’s 50-day simple moving average is $150.15 and its two-hundred day simple moving average is $147.49.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.24. The firm had revenue of $2.92 billion for 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 company’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period last year, the firm earned $3.41 earnings per share. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Equities analysts forecast that Oshkosh Corporation will post 10.72 EPS for the current fiscal year.

Oshkosh Dividend Announcement

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

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.