US Bancorp DE Has $438,000 Stake in Oshkosh Co. (NYSE:OSK)

US Bancorp DE lowered its position in shares of Oshkosh Co. (NYSE:OSK) by 2.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,370 shares of the company’s stock after selling 122 shares during the quarter. US Bancorp DE’s holdings in Oshkosh were worth $438,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. V Square Quantitative Management LLC acquired a new position in shares of Oshkosh in the third quarter valued at about $25,000. Headlands Technologies LLC bought a new position in Oshkosh in the 1st quarter valued at approximately $31,000. Bessemer Group Inc. increased its position in Oshkosh by 280.6% during the 1st quarter. Bessemer Group Inc. now owns 392 shares of the company’s stock valued at $49,000 after purchasing an additional 289 shares during the period. Versant Capital Management Inc grew its position in shares of Oshkosh by 5,563.6% during the 2nd quarter. Versant Capital Management Inc now owns 623 shares of the company’s stock worth $67,000 after buying an additional 612 shares during the period. Finally, Eagle Bay Advisors LLC grew its position in shares of Oshkosh by 547.6% during the 2nd quarter. Eagle Bay Advisors LLC now owns 667 shares of the company’s stock worth $72,000 after buying an additional 564 shares during the period. Institutional investors own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

OSK has been the topic of several recent analyst reports. Evercore ISI dropped their price objective on Oshkosh from $137.00 to $119.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Robert W. Baird lowered their price objective on shares of Oshkosh from $171.00 to $160.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. Stifel Nicolaus reduced their target price on shares of Oshkosh from $140.00 to $135.00 and set a “buy” rating on the stock in a report on Thursday, August 1st. Truist Financial reduced their target price on shares of Oshkosh from $126.00 to $114.00 and set a “hold” rating on the stock in a report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. raised their price target on shares of Oshkosh from $120.00 to $125.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $123.14.

Oshkosh Trading Up 0.8 %

Shares of OSK opened at $112.52 on Tuesday. Oshkosh Co. has a twelve month low of $93.27 and a twelve month high of $127.98. The company has a market cap of $7.32 billion, a P/E ratio of 10.92, a P/E/G ratio of 1.09 and a beta of 1.18. The company has a current ratio of 1.46, a quick ratio of 0.79 and a debt-to-equity ratio of 0.15. The company’s fifty day simple moving average is $103.08 and its 200-day simple moving average is $107.14.

Oshkosh (NYSE:OSK) last issued its earnings results on Wednesday, October 30th. The company reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $0.06. Oshkosh had a net margin of 6.41% and a return on equity of 19.87%. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.63 billion. As a group, analysts expect that Oshkosh Co. will post 11.35 EPS for the current year.

Oshkosh Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date is Friday, November 15th. Oshkosh’s dividend payout ratio is presently 17.86%.

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.