Amundi Has $27.53 Million Stock Holdings in Oshkosh Corporation $OSK

Amundi increased its position in shares of Oshkosh Corporation (NYSE:OSK) by 616.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 224,765 shares of the company’s stock after acquiring an additional 193,406 shares during the period. Amundi owned about 0.35% of Oshkosh worth $27,529,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kennedy Capital Management LLC raised its stake in shares of Oshkosh by 5.2% during the 2nd quarter. Kennedy Capital Management LLC now owns 210,631 shares of the company’s stock worth $23,915,000 after purchasing an additional 10,474 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Oshkosh by 387.0% in the second quarter. EverSource Wealth Advisors LLC now owns 2,138 shares of the company’s stock worth $243,000 after buying an additional 1,699 shares during the last quarter. Systematic Financial Management LP raised its position in Oshkosh by 1.6% during the second quarter. Systematic Financial Management LP now owns 84,950 shares of the company’s stock valued at $9,645,000 after acquiring an additional 1,347 shares in the last quarter. CW Advisors LLC lifted its stake in Oshkosh by 216.4% in the second quarter. CW Advisors LLC now owns 18,977 shares of the company’s stock valued at $2,155,000 after acquiring an additional 12,980 shares during the last quarter. Finally, Claret Asset Management Corp acquired a new stake in Oshkosh in the second quarter valued at approximately $233,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Evercore ISI restated an “outperform” rating on shares of Oshkosh in a report on Tuesday, August 19th. UBS Group raised their target price on Oshkosh from $164.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Wells Fargo & Company started coverage on Oshkosh in a research report on Thursday, November 13th. They issued an “overweight” rating and a $144.00 price target for the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Oshkosh in a report on Wednesday, October 8th. Finally, KeyCorp raised their price objective on Oshkosh from $140.00 to $180.00 and gave the company an “overweight” rating in a research note on Tuesday, August 26th. Twelve analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $145.50.

Oshkosh Stock Down 2.2%

NYSE OSK opened at $125.99 on Wednesday. Oshkosh Corporation has a twelve month low of $76.82 and a twelve month high of $144.30. The stock has a market cap of $7.97 billion, a PE ratio of 12.29, a PEG ratio of 1.63 and a beta of 1.41. The firm has a 50-day simple moving average of $128.24 and a 200 day simple moving average of $126.48. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.99 and a current ratio of 1.98.

Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $3.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.12 by $0.08. Oshkosh had a return on equity of 16.60% and a net margin of 6.43%.The firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.84 billion. During the same period in the previous year, the company posted $2.93 earnings per share. The company’s quarterly revenue was down 1.9% compared to the same quarter last year. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. On average, research analysts forecast that Oshkosh Corporation will post 10.96 EPS 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 given a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, November 17th. Oshkosh’s dividend payout ratio (DPR) is 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.