10,783 Shares in Oshkosh Corporation $OSK Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. acquired a new stake in Oshkosh Corporation (NYSE:OSK) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,783 shares of the company’s stock, valued at approximately $1,399,000.

Other large investors also recently made changes to their positions in the company. Sivia Capital Partners LLC raised its holdings in shares of Oshkosh by 2.8% in the third quarter. Sivia Capital Partners LLC now owns 2,946 shares of the company’s stock valued at $382,000 after buying an additional 81 shares during the last quarter. ProShare Advisors LLC grew its holdings in Oshkosh by 3.1% during the 2nd quarter. ProShare Advisors LLC now owns 2,855 shares of the company’s stock worth $324,000 after acquiring an additional 87 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Oshkosh by 6.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,763 shares of the company’s stock valued at $200,000 after acquiring an additional 100 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Oshkosh by 21.8% in 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. Finally, Whittier Trust Co. raised its stake in shares of Oshkosh by 69.1% in the second quarter. Whittier Trust Co. now owns 279 shares of the company’s stock worth $32,000 after acquiring an additional 114 shares during the last quarter. Institutional investors own 92.36% of the company’s stock.

Oshkosh Trading Up 1.9%

OSK opened at $150.39 on Friday. The firm’s fifty day moving average is $128.53 and its two-hundred day moving average is $130.43. The firm has a market cap of $9.51 billion, a PE ratio of 14.67, a price-to-earnings-growth ratio of 1.63 and a beta of 1.41. Oshkosh Corporation has a twelve month low of $76.82 and a twelve month high of $150.66. 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 released its quarterly earnings data on Wednesday, October 29th. The company reported $3.20 EPS for the quarter, beating analysts’ consensus estimates of $3.12 by $0.08. The business had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.84 billion. Oshkosh had a net margin of 6.43% and a return on equity of 16.60%. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.93 EPS. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. Equities research analysts anticipate that Oshkosh Corporation will post 10.96 EPS for the current year.

Oshkosh Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on OSK shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Oshkosh in a research note on Wednesday, October 8th. Argus reduced their price objective on Oshkosh from $175.00 to $160.00 and set a “buy” rating on the stock in a report on Wednesday, December 10th. Zacks Research cut Oshkosh from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Citigroup dropped their target price on Oshkosh from $160.00 to $150.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Finally, Truist Financial cut their price target on Oshkosh from $171.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Thirteen equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $149.44.

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.