Oshkosh Corporation $OSK Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC decreased its holdings in shares of Oshkosh Corporation (NYSE:OSK) by 27.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,164 shares of the company’s stock after selling 18,600 shares during the period. Nisa Investment Advisors LLC owned approximately 0.08% of Oshkosh worth $6,506,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of OSK. Goldman Sachs Group Inc. grew its holdings in Oshkosh by 43.4% during the first quarter. Goldman Sachs Group Inc. now owns 225,130 shares of the company’s stock worth $21,180,000 after acquiring an additional 68,165 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Oshkosh by 8.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 188,191 shares of the company’s stock worth $17,705,000 after purchasing an additional 14,122 shares in the last quarter. Integrity Alliance LLC. acquired a new position in shares of Oshkosh during the 1st quarter worth $226,000. Focus Partners Wealth acquired a new position in shares of Oshkosh during the 1st quarter worth $567,000. Finally, Strs Ohio purchased a new position in shares of Oshkosh in the 1st quarter valued at about $1,447,000. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Oshkosh Trading Up 1.9%

Shares of Oshkosh stock opened at $150.39 on Monday. Oshkosh Corporation has a 1 year low of $76.82 and a 1 year high of $150.66. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.98 and a quick ratio of 0.99. The business has a 50 day moving average price of $128.53 and a 200 day moving average price of $130.71. The company has a market capitalization of $9.51 billion, a P/E ratio of 14.67, a P/E/G ratio of 1.66 and a beta of 1.41.

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

Oshkosh Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Monday, November 17th. Oshkosh’s dividend payout ratio is 19.90%.

Analyst Ratings Changes

A number of analysts recently commented on the stock. UBS Group decreased their price objective on shares of Oshkosh from $165.00 to $163.00 and set a “buy” rating on the stock in a report on Monday, January 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Oshkosh in a research report on Wednesday, October 8th. Sanford C. Bernstein upped their price target on Oshkosh from $132.00 to $140.00 and gave the stock a “market perform” rating in a report on Friday, December 19th. Citigroup reduced their price objective on Oshkosh from $160.00 to $150.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Finally, KeyCorp reiterated an “overweight” rating on shares of Oshkosh in a research report on Thursday, December 18th. Thirteen research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $149.44.

About Oshkosh

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.