Oshkosh Corporation (NYSE:OSK) SVP Bradley M. Nelson sold 7,500 shares of the business’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $83.86, for a total transaction of $628,950.00. Following the sale, the senior vice president now owns 18,908 shares of the company’s stock, valued at approximately $1,585,624.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Oshkosh Corporation (NYSE OSK) opened at $84.60 on Friday. The stock has a market cap of $6,290.16, a PE ratio of 19.83, a P/E/G ratio of 1.13 and a beta of 1.87. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.81 and a quick ratio of 1.09. Oshkosh Corporation has a 12-month low of $61.74 and a 12-month high of $94.16.
Oshkosh Corporation (NYSE:OSK) last announced its earnings results on Tuesday, October 31st. The company reported $1.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.02 by $0.36. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.90 billion. Oshkosh Corporation had a net margin of 4.18% and a return on equity of 15.14%. Oshkosh Corporation’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.05 EPS. equities analysts forecast that Oshkosh Corporation will post 4.51 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 16th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.13%. This is an increase from Oshkosh Corporation’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Wednesday, November 15th. Oshkosh Corporation’s dividend payout ratio is presently 25.53%.
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A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in Oshkosh Corporation by 3.7% in the 2nd quarter. Vanguard Group Inc. now owns 7,019,731 shares of the company’s stock valued at $483,519,000 after acquiring an additional 251,809 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Oshkosh Corporation by 18.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,742,675 shares of the company’s stock valued at $226,765,000 after acquiring an additional 426,359 shares during the last quarter. Thrivent Financial For Lutherans lifted its holdings in Oshkosh Corporation by 0.3% in the 2nd quarter. Thrivent Financial For Lutherans now owns 1,947,210 shares of the company’s stock valued at $134,123,000 after acquiring an additional 6,350 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Oshkosh Corporation by 0.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,866,855 shares of the company’s stock valued at $154,091,000 after acquiring an additional 6,460 shares during the last quarter. Finally, Great West Life Assurance Co. Can lifted its holdings in Oshkosh Corporation by 1.5% in the 3rd quarter. Great West Life Assurance Co. Can now owns 1,687,953 shares of the company’s stock valued at $139,219,000 after acquiring an additional 25,189 shares during the last quarter. 94.41% of the stock is owned by institutional investors.
Several equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Oshkosh Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Royal Bank Of Canada upped their price target on shares of Oshkosh Corporation from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Thursday, August 3rd. Deutsche Bank AG upped their price target on shares of Oshkosh Corporation from $79.00 to $80.00 and gave the stock a “hold” rating in a research report on Thursday, August 3rd. BidaskClub upgraded shares of Oshkosh Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 8th. Finally, KeyCorp restated an “overweight” rating and set a $100.00 price target (up previously from $90.00) on shares of Oshkosh Corporation in a research report on Wednesday, November 1st. Five analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $92.85.
Oshkosh Corporation Company Profile
Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.
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