Oshkosh (NYSE:OSK) Director Sells 778 Shares of Stock

Oshkosh Corporation (NYSE:OSK) Director John Pfeifer sold 778 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $150.00, for a total transaction of $116,700.00. Following the transaction, the director directly owned 150,669 shares of the company’s stock, valued at approximately $22,600,350. This trade represents a 0.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Oshkosh Price Performance

OSK stock traded down $0.27 during trading on Tuesday, hitting $143.13. The company had a trading volume of 542,612 shares, compared to its average volume of 741,457. Oshkosh Corporation has a fifty-two week low of $116.77 and a fifty-two week high of $180.49. The firm has a market capitalization of $8.84 billion, a price-to-earnings ratio of 16.38, a P/E/G ratio of 1.08 and a beta of 1.27. The business has a 50 day moving average of $150.51 and a 200 day moving average of $146.33. The company has a current ratio of 1.72, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13.

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

Oshkosh Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were issued a $0.57 dividend. The ex-dividend date was Thursday, August 13th. This represents a $2.28 dividend on an annualized basis and a yield of 1.6%. Oshkosh’s dividend payout ratio is currently 26.09%.

Institutional Investors Weigh In On Oshkosh

A number of large investors have recently bought and sold shares of the company. Sequoia Financial Advisors LLC increased its stake in Oshkosh by 55.3% in the second quarter. Sequoia Financial Advisors LLC now owns 3,445 shares of the company’s stock valued at $529,000 after acquiring an additional 1,226 shares during the last quarter. Tidal Investments LLC raised its position in Oshkosh by 14.6% in the second quarter. Tidal Investments LLC now owns 22,608 shares of the company’s stock valued at $3,470,000 after purchasing an additional 2,885 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in Oshkosh by 40.0% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 35,284 shares of the company’s stock worth $5,415,000 after buying an additional 10,074 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Oshkosh by 90.9% during the second quarter. NewEdge Advisors LLC now owns 3,882 shares of the company’s stock worth $596,000 after purchasing an additional 1,849 shares during the period. Finally, IFP Advisors Inc lifted its holdings in Oshkosh by 90.5% during the 2nd quarter. IFP Advisors Inc now owns 1,429 shares of the company’s stock worth $219,000 after buying an additional 679 shares during the period. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

OSK has been the topic of several research reports. Truist Financial boosted their price objective on shares of Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. lifted their price objective on shares of Oshkosh from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Barclays boosted their price objective on shares of Oshkosh from $150.00 to $170.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Weiss Ratings raised Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Finally, DA Davidson raised their price objective on Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Eleven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $170.71.

Oshkosh Company Profile

Oshkosh Corporation (NYSE: OSK) is a manufacturer of specialty vehicles and equipment headquartered in Oshkosh, Wisconsin. Founded in 1917, the company serves commercial, government and municipal customers in markets that require purpose-built vehicles for demanding operating environments.

Oshkosh operates through businesses focused on access equipment, defense, fire apparatus and vocational vehicles. Its products include aerial work platforms and other equipment used in construction and industrial applications; tactical vehicles, trailers and related systems for defense and security customers; fire trucks, airport rescue vehicles and emergency response equipment; and vocational vehicles for refuse collection, concrete placement, snow removal and other specialized tasks.

The company serves customers in North America and international markets through a combination of manufacturing operations, dealerships, distributors and direct sales.