Thrivent Financial for Lutherans Boosts Stock Position in Oshkosh Corporation $OSK

Thrivent Financial for Lutherans increased its holdings in Oshkosh Corporation (NYSE:OSK) by 30.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,905 shares of the company’s stock after purchasing an additional 4,650 shares during the period. Thrivent Financial for Lutherans’ holdings in Oshkosh were worth $2,260,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of OSK. Whittier Trust Co. increased its holdings in shares of Oshkosh by 69.1% in the 2nd quarter. Whittier Trust Co. now owns 279 shares of the company’s stock worth $32,000 after buying an additional 114 shares during the last quarter. Hantz Financial Services Inc. grew its position in Oshkosh by 215.5% in the second quarter. Hantz Financial Services Inc. now owns 407 shares of the company’s stock worth $46,000 after acquiring an additional 278 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Oshkosh by 21.8% during the second quarter. Farther Finance Advisors LLC now owns 593 shares of the company’s stock worth $67,000 after acquiring an additional 106 shares during the last quarter. Geneos Wealth Management Inc. raised its position in Oshkosh by 30.8% during the second quarter. Geneos Wealth Management Inc. now owns 594 shares of the company’s stock valued at $67,000 after purchasing an additional 140 shares during the period. Finally, Nomura Asset Management Co. Ltd. raised its position in Oshkosh by 37.5% during the second quarter. Nomura Asset Management Co. Ltd. now owns 770 shares of the company’s stock valued at $87,000 after purchasing an additional 210 shares during the period. Institutional investors own 92.36% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on OSK shares. JPMorgan Chase & Co. lifted their target price on Oshkosh from $133.00 to $140.00 and gave the stock a “neutral” rating in a report on Tuesday, October 14th. KeyCorp reaffirmed an “overweight” rating on shares of Oshkosh in a research note on Thursday, December 18th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Oshkosh in a research report on Wednesday, October 8th. Wells Fargo & Company assumed coverage on shares of Oshkosh in a report on Thursday, November 13th. They issued an “overweight” rating and a $144.00 target price for the company. Finally, Wall Street Zen raised shares of Oshkosh from a “hold” rating to a “buy” rating in a research note on Saturday. Thirteen equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.56.

Oshkosh Stock Down 0.1%

Shares of OSK opened at $130.94 on Wednesday. The firm has a fifty day moving average price of $128.24 and a 200-day moving average price of $128.48. The company has a current ratio of 1.98, a quick ratio of 0.99 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $8.28 billion, a P/E ratio of 12.77, a P/E/G ratio of 1.66 and a beta of 1.41. Oshkosh Corporation has a 12-month low of $76.82 and a 12-month high of $144.30.

Oshkosh (NYSE:OSK) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $3.20 EPS for the quarter, topping 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 company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.84 billion. During the same quarter last year, the firm posted $2.93 EPS. The firm’s 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. Equities research analysts expect that Oshkosh Corporation will post 10.96 earnings per share for the current year.

Oshkosh Announces Dividend

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

Oshkosh Profile

Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.