Fieldview Capital Management LLC Sells 12,484 Shares of Oshkosh Corporation $OSK

Fieldview Capital Management LLC cut its stake in shares of Oshkosh Corporation (NYSE:OSK) by 77.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,666 shares of the company’s stock after selling 12,484 shares during the period. Fieldview Capital Management LLC’s holdings in Oshkosh were worth $475,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in Oshkosh by 43.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 225,130 shares of the company’s stock worth $21,180,000 after purchasing an additional 68,165 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Oshkosh by 8.1% in 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 valued at $17,705,000 after purchasing an additional 14,122 shares during the period. Focus Partners Wealth acquired a new position in Oshkosh in the 1st quarter valued at $567,000. Sivia Capital Partners LLC bought a new position in Oshkosh during the 2nd quarter worth $325,000. Finally, Savant Capital LLC increased its position in Oshkosh by 24.0% during the 2nd quarter. Savant Capital LLC now owns 22,605 shares of the company’s stock worth $2,567,000 after buying an additional 4,381 shares during the period. Institutional investors own 92.36% of the company’s stock.

Analysts Set New Price Targets

OSK has been the subject of a number of recent research reports. KeyCorp reissued an “overweight” rating on shares of Oshkosh in a research report on Thursday, December 18th. Barclays initiated coverage on shares of Oshkosh in a research report on Tuesday, November 25th. They set an “overweight” rating and a $150.00 price target on the stock. Citigroup boosted their price objective on shares of Oshkosh from $170.00 to $180.00 and gave the company a “buy” rating in a report on Monday. Robert W. Baird set a $182.00 target price on shares of Oshkosh in a research report on Friday, January 30th. Finally, Sanford C. Bernstein raised their target price on shares of Oshkosh from $132.00 to $140.00 and gave the stock a “market perform” rating in a report on Friday, December 19th. Thirteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Oshkosh has an average rating of “Moderate Buy” and an average target price of $165.31.

Insider Transactions at Oshkosh

In other Oshkosh news, SVP Anupam Khare sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $169.07, for a total transaction of $676,280.00. Following the completion of the transaction, the senior vice president directly owned 13,577 shares in the company, valued at $2,295,463.39. The trade was a 22.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.55% of the stock is owned by company insiders.

Oshkosh Stock Up 1.2%

OSK stock opened at $156.29 on Wednesday. Oshkosh Corporation has a 52 week low of $76.82 and a 52 week high of $180.49. The business has a 50-day simple moving average of $157.95 and a 200 day simple moving average of $140.38. The company has a quick ratio of 1.05, a current ratio of 1.94 and a debt-to-equity ratio of 0.24. The company has a market cap of $9.78 billion, a PE ratio of 15.60, a price-to-earnings-growth ratio of 0.78 and a beta of 1.37.

Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Thursday, January 29th. The company reported $2.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.33 by ($0.07). The firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.60 billion. Oshkosh had a return on equity of 15.69% and a net margin of 6.21%.The company’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.58 earnings per share. Sell-side analysts anticipate that Oshkosh Corporation will post 10.96 EPS for the current fiscal year.

Oshkosh Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.5%. This is a positive change from Oshkosh’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Tuesday, February 17th. Oshkosh’s payout ratio is 22.75%.

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.