Oshkosh Co. (NYSE:OSK) Shares Acquired by Axa S.A.

Axa S.A. boosted its holdings in Oshkosh Co. (NYSE:OSK) by 16.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,518 shares of the company’s stock after purchasing an additional 8,676 shares during the quarter. Axa S.A. owned approximately 0.09% of Oshkosh worth $6,548,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in OSK. Valley National Advisers Inc. lifted its holdings in shares of Oshkosh by 18.2% during the 1st quarter. Valley National Advisers Inc. now owns 623 shares of the company’s stock worth $77,000 after acquiring an additional 96 shares during the period. AE Wealth Management LLC boosted its holdings in shares of Oshkosh by 7.3% in the 2nd quarter. AE Wealth Management LLC now owns 1,863 shares of the company’s stock valued at $202,000 after purchasing an additional 127 shares during the last quarter. US Bancorp DE grew its stake in shares of Oshkosh by 3.0% during the 1st quarter. US Bancorp DE now owns 4,522 shares of the company’s stock valued at $564,000 after buying an additional 132 shares during the period. Atlas Capital Advisors LLC increased its holdings in shares of Oshkosh by 161.6% during the 1st quarter. Atlas Capital Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after buying an additional 139 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Oshkosh by 26.2% in the 2nd quarter. GAMMA Investing LLC now owns 733 shares of the company’s stock worth $79,000 after buying an additional 152 shares during the period. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Oshkosh Price Performance

Shares of NYSE OSK opened at $100.19 on Friday. Oshkosh Co. has a 1-year low of $86.10 and a 1-year high of $127.98. The firm has a market capitalization of $6.52 billion, a PE ratio of 9.59, a P/E/G ratio of 0.98 and a beta of 1.19. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.44 and a quick ratio of 0.81. The business’s fifty day moving average price is $103.60 and its two-hundred day moving average price is $110.79.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Wednesday, July 31st. The company reported $3.34 earnings per share for the quarter, topping analysts’ consensus estimates of $3.00 by $0.34. The business had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.78 billion. Oshkosh had a net margin of 6.58% and a return on equity of 20.83%. The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.69 EPS. On average, research analysts expect that Oshkosh Co. will post 11.62 EPS for the current year.

Oshkosh Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 16th were given a dividend of $0.46 per share. The ex-dividend date of this dividend was Friday, August 16th. This represents a $1.84 annualized dividend and a dividend yield of 1.84%. Oshkosh’s dividend payout ratio is presently 17.61%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on OSK shares. Evercore ISI lowered their price target on Oshkosh from $137.00 to $119.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. JPMorgan Chase & Co. dropped their target price on shares of Oshkosh from $130.00 to $120.00 and set a “neutral” rating for the company in a research report on Wednesday, July 10th. Stifel Nicolaus reduced their price target on shares of Oshkosh from $140.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday, August 1st. Citigroup started coverage on shares of Oshkosh in a research report on Wednesday, June 26th. They issued a “buy” rating and a $130.00 price objective for the company. Finally, Raymond James initiated coverage on shares of Oshkosh in a research report on Friday, June 28th. They set an “outperform” rating and a $125.00 price target for the company. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $125.79.

About Oshkosh

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.