Oshkosh Co. (NYSE:OSK) Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its stake in Oshkosh Co. (NYSE:OSK) by 10,744.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 976 shares of the company’s stock after purchasing an additional 967 shares during the quarter. International Assets Investment Management LLC’s holdings in Oshkosh were worth $106,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BluePath Capital Management LLC acquired a new stake in shares of Oshkosh in the third quarter valued at about $32,000. Venturi Wealth Management LLC lifted its stake in Oshkosh by 53.6% in the 4th quarter. Venturi Wealth Management LLC now owns 318 shares of the company’s stock valued at $34,000 after buying an additional 111 shares in the last quarter. Arlington Partners LLC boosted its holdings in Oshkosh by 36.5% in the 3rd quarter. Arlington Partners LLC now owns 934 shares of the company’s stock worth $89,000 after buying an additional 250 shares during the last quarter. FinTrust Capital Advisors LLC purchased a new stake in Oshkosh during the 3rd quarter worth approximately $191,000. Finally, Olympiad Research LP acquired a new position in shares of Oshkosh during the third quarter valued at approximately $206,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Robert W. Baird lifted their price target on Oshkosh from $140.00 to $158.00 and gave the stock an “outperform” rating in a research note on Friday. TheStreet upgraded shares of Oshkosh from a “c” rating to a “b-” rating in a research report on Tuesday, January 30th. Stifel Nicolaus raised their price target on shares of Oshkosh from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday. StockNews.com cut shares of Oshkosh from a “buy” rating to a “hold” rating in a research note on Friday. Finally, Evercore ISI raised their target price on shares of Oshkosh from $122.00 to $124.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 20th. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, Oshkosh has an average rating of “Moderate Buy” and an average target price of $123.50.

Oshkosh Stock Performance

Shares of Oshkosh stock opened at $117.88 on Tuesday. The firm has a market cap of $7.73 billion, a PE ratio of 11.28, a price-to-earnings-growth ratio of 1.37 and a beta of 1.29. The company has a quick ratio of 0.76, a current ratio of 1.43 and a debt-to-equity ratio of 0.16. Oshkosh Co. has a 52 week low of $72.09 and a 52 week high of $127.98. The business’s fifty day simple moving average is $117.68 and its 200-day simple moving average is $107.41.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Thursday, April 25th. The company reported $2.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.63. The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.49 billion. Oshkosh had a net margin of 6.93% and a return on equity of 20.39%. Oshkosh’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.59 EPS. Equities analysts forecast that Oshkosh Co. will post 11.31 earnings per share for the current year.

Oshkosh Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Investors of record on Monday, May 13th will be given a dividend of $0.46 per share. The ex-dividend date is Friday, May 10th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.56%. Oshkosh’s payout ratio is currently 17.61%.

Insider Activity at Oshkosh

In other Oshkosh news, SVP Anupam Khare sold 4,234 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $111.38, for a total transaction of $471,582.92. Following the transaction, the senior vice president now directly owns 13,499 shares in the company, valued at $1,503,518.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.64% of the stock is owned by insiders.

Oshkosh Company Profile

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.