Campbell & CO Investment Adviser LLC Purchases New Shares in Oshkosh Corporation $OSK

Campbell & CO Investment Adviser LLC acquired a new position in shares of Oshkosh Corporation (NYSE:OSK) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 11,671 shares of the company’s stock, valued at approximately $1,514,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of OSK. Goldman Sachs Group Inc. increased its position 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 grew 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. Focus Partners Wealth bought a new position in shares of Oshkosh during the first quarter worth approximately $567,000. Voya Investment Management LLC increased its holdings in shares of Oshkosh by 4.6% during the first quarter. Voya Investment Management LLC now owns 9,926 shares of the company’s stock worth $934,000 after purchasing an additional 440 shares during the period. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Oshkosh in the second quarter valued at approximately $325,000. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Performance

Oshkosh stock opened at $152.33 on Friday. The business has a 50 day moving average of $131.39 and a 200-day moving average of $131.88. Oshkosh Corporation has a 1 year low of $76.82 and a 1 year high of $155.71. 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 company has a market capitalization of $9.64 billion, a P/E ratio of 14.86, a P/E/G ratio of 2.05 and a beta of 1.41.

Oshkosh (NYSE:OSK) last posted 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. Oshkosh had a net margin of 6.43% and a return on equity of 16.60%. The business had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.84 billion. During the same period last year, the company earned $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. On average, equities research analysts predict that Oshkosh Corporation will post 10.96 earnings per share for the current year.

Oshkosh Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Monday, November 17th. Oshkosh’s dividend payout ratio is presently 19.90%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on OSK. JPMorgan Chase & Co. increased their price target on Oshkosh from $132.00 to $145.00 and gave the stock a “neutral” rating in a research report on Wednesday. Wells Fargo & Company started coverage on Oshkosh in a report on Thursday, November 13th. They set an “overweight” rating and a $144.00 target price on the stock. Zacks Research downgraded Oshkosh from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. UBS Group cut their price objective on shares of Oshkosh from $165.00 to $163.00 and set a “buy” rating for the company in a research report on Monday, January 5th. Finally, KeyCorp reissued an “overweight” rating on shares of Oshkosh in a report on Thursday, December 18th. Thirteen investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $151.31.

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.