D.A. Davidson & CO. Has $3.11 Million Stock Position in Oshkosh Corporation $OSK

D.A. Davidson & CO. boosted its holdings in shares of Oshkosh Corporation (NYSE:OSK) by 395.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 23,984 shares of the company’s stock after acquiring an additional 19,139 shares during the quarter. D.A. Davidson & CO.’s holdings in Oshkosh were worth $3,111,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in OSK. Norges Bank acquired a new stake in shares of Oshkosh during the second quarter worth approximately $98,570,000. American Century Companies Inc. lifted its position in Oshkosh by 22.8% in the 2nd quarter. American Century Companies Inc. now owns 2,858,787 shares of the company’s stock worth $324,587,000 after buying an additional 529,907 shares in the last quarter. Pzena Investment Management LLC acquired a new stake in shares of Oshkosh during the 2nd quarter valued at $59,709,000. AQR Capital Management LLC grew its holdings in shares of Oshkosh by 25.4% during the 2nd quarter. AQR Capital Management LLC now owns 1,709,338 shares of the company’s stock valued at $193,728,000 after acquiring an additional 345,782 shares in the last quarter. Finally, Amundi increased its stake in shares of Oshkosh by 616.7% in the second quarter. Amundi now owns 224,765 shares of the company’s stock worth $27,529,000 after acquiring an additional 193,406 shares during the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on OSK shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Oshkosh in a research report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price target on Oshkosh from $133.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday, October 14th. UBS Group lowered their price target on Oshkosh from $165.00 to $163.00 and set a “buy” rating for the company in a research note on Monday. Citigroup reduced their target price on shares of Oshkosh from $160.00 to $150.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Finally, Barclays initiated coverage on shares of Oshkosh in a research report on Tuesday, November 25th. They issued an “overweight” rating and a $150.00 target price for the company. Thirteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $149.44.

Oshkosh Price Performance

Shares of Oshkosh stock opened at $147.41 on Friday. 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 fifty day simple moving average of $127.99 and a 200-day simple moving average of $130.14. The stock has a market capitalization of $9.32 billion, a price-to-earnings ratio of 14.38, a PEG ratio of 1.57 and a beta of 1.41. Oshkosh Corporation has a 1-year low of $76.82 and a 1-year high of $147.86.

Oshkosh (NYSE:OSK) last announced its 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. The firm had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.84 billion. Oshkosh had a net margin of 6.43% and a return on equity of 16.60%. The business’s quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.93 EPS. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. On average, sell-side analysts expect that Oshkosh Corporation will post 10.96 earnings per share for the current year.

Oshkosh Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, November 17th. Oshkosh’s payout ratio is currently 19.90%.

Oshkosh Company 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.