BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of Oshkosh Co. (NYSE:OSK – Get Rating) by 7.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,782 shares of the company’s stock after purchasing an additional 441 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Oshkosh were worth $764,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in OSK. Louisiana State Employees Retirement System raised its position in shares of Oshkosh by 0.6% in the 4th quarter. Louisiana State Employees Retirement System now owns 17,600 shares of the company’s stock worth $1,984,000 after purchasing an additional 100 shares during the last quarter. Arizona State Retirement System grew its stake in shares of Oshkosh by 0.5% during the 3rd quarter. Arizona State Retirement System now owns 18,691 shares of the company’s stock valued at $1,913,000 after acquiring an additional 102 shares during the period. Capital Analysts LLC lifted its holdings in Oshkosh by 16.9% in the 3rd quarter. Capital Analysts LLC now owns 893 shares of the company’s stock worth $91,000 after purchasing an additional 129 shares in the last quarter. First Mercantile Trust Co. lifted its holdings in Oshkosh by 6.2% in the 3rd quarter. First Mercantile Trust Co. now owns 2,741 shares of the company’s stock worth $281,000 after purchasing an additional 161 shares in the last quarter. Finally, Tributary Capital Management LLC raised its holdings in shares of Oshkosh by 4.2% during the 4th quarter. Tributary Capital Management LLC now owns 4,155 shares of the company’s stock worth $468,000 after acquiring an additional 167 shares in the last quarter. 96.47% of the stock is currently owned by institutional investors and hedge funds.
In other Oshkosh news, SVP Thomas P. Hawkins sold 3,500 shares of the business’s stock in a transaction on Monday, January 31st. The shares were sold at an average price of $112.47, for a total transaction of $393,645.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.64% of the stock is owned by insiders.
Oshkosh (NYSE:OSK – Get Rating) last announced its quarterly earnings results on Wednesday, January 26th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.10). Oshkosh had a net margin of 5.15% and a return on equity of 10.32%. The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter last year, the company posted $1.13 earnings per share. The company’s revenue was up 13.7% compared to the same quarter last year. As a group, equities research analysts forecast that Oshkosh Co. will post 6.33 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, February 25th. Shareholders of record on Friday, February 11th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend was Thursday, February 10th. Oshkosh’s dividend payout ratio (DPR) is presently 25.08%.
Several analysts have recently issued reports on OSK shares. StockNews.com started coverage on Oshkosh in a report on Thursday, March 31st. They set a “hold” rating on the stock. Evercore ISI downgraded Oshkosh from an “outperform” rating to an “in-line” rating and set a $124.00 target price on the stock. in a research report on Tuesday, February 15th. Bank of America downgraded Oshkosh from a “buy” rating to a “neutral” rating and set a $125.00 target price on the stock. in a research report on Friday, January 7th. DA Davidson assumed coverage on Oshkosh in a research report on Friday, December 17th. They issued a “neutral” rating and a $118.00 price objective on the stock. Finally, Robert W. Baird downgraded Oshkosh from an “outperform” rating to a “neutral” rating and set a $92.00 price objective on the stock. in a research report on Friday. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $127.59.
Oshkosh Company Profile (Get Rating)
Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation services; and chassis and service parts sales.
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