Oshkosh Corporation $OSK Shares Sold by Capital Fund Management S.A.

Capital Fund Management S.A. reduced its stake in shares of Oshkosh Corporation (NYSE:OSK) by 46.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,881 shares of the company’s stock after selling 26,193 shares during the period. Capital Fund Management S.A.’s holdings in Oshkosh were worth $3,393,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Oshkosh by 3.8% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,037 shares of the company’s stock worth $1,132,000 after purchasing an additional 446 shares during the last quarter. Federated Hermes Inc. raised its stake in Oshkosh by 27.3% during the first quarter. Federated Hermes Inc. now owns 6,161 shares of the company’s stock valued at $580,000 after buying an additional 1,321 shares in the last quarter. XTX Topco Ltd acquired a new stake in Oshkosh during the first quarter valued at approximately $358,000. US Bancorp DE grew its position in shares of Oshkosh by 6.3% in the 1st quarter. US Bancorp DE now owns 3,202 shares of the company’s stock worth $301,000 after acquiring an additional 190 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Oshkosh by 9.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 20,953 shares of the company’s stock valued at $1,971,000 after acquiring an additional 1,881 shares during the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on OSK. JPMorgan Chase & Co. raised their price objective on Oshkosh from $133.00 to $140.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 14th. Citigroup decreased their price target on shares of Oshkosh from $160.00 to $150.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Evercore ISI reiterated an “outperform” rating on shares of Oshkosh in a research note on Tuesday, August 19th. Weiss Ratings restated a “buy (b-)” rating on shares of Oshkosh in a research note on Wednesday, October 8th. Finally, Wall Street Zen upgraded Oshkosh from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. Twelve equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $145.50.

Oshkosh Trading Down 1.9%

NYSE:OSK opened at $124.86 on Wednesday. The stock has a market cap of $7.90 billion, a price-to-earnings ratio of 12.18, a PEG ratio of 1.57 and a beta of 1.45. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.92 and a current ratio of 1.98. Oshkosh Corporation has a 1 year low of $76.82 and a 1 year high of $144.30. The business has a fifty day moving average of $128.28 and a 200-day moving average of $125.47.

Oshkosh (NYSE:OSK) last released its earnings results on Wednesday, October 29th. The company reported $3.20 EPS for the quarter, beating the consensus estimate of $3.12 by $0.08. Oshkosh had a net margin of 6.43% and a return on equity of 16.60%. The firm had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.84 billion. During the same quarter last year, the company earned $2.93 EPS. Oshkosh’s quarterly revenue was down 1.9% on a year-over-year basis. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. Equities analysts predict that Oshkosh Corporation will post 10.96 earnings per share for the current year.

Oshkosh Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $2.04 annualized dividend and a yield of 1.6%. Oshkosh’s payout ratio is presently 19.90%.

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.