Segall Bryant & Hamill LLC increased its holdings in Oshkosh Corp (NYSE:OSK) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,134 shares of the company’s stock after acquiring an additional 4,169 shares during the period. Segall Bryant & Hamill LLC owned about 0.11% of Oshkosh worth $7,192,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in OSK. Cerebellum GP LLC purchased a new stake in Oshkosh in the 4th quarter worth about $130,000. Pitcairn Co. purchased a new stake in Oshkosh in the 4th quarter worth about $202,000. Chevy Chase Trust Holdings Inc. acquired a new position in Oshkosh in the 4th quarter worth about $203,000. CIBC Asset Management Inc acquired a new position in Oshkosh in the 3rd quarter worth about $208,000. Finally, Rothschild Investment Corp IL acquired a new position in Oshkosh in the 4th quarter worth about $218,000. 91.87% of the stock is owned by hedge funds and other institutional investors.
Several research analysts have weighed in on OSK shares. Evercore ISI raised Oshkosh from an “in-line” rating to an “outperform” rating in a research report on Friday, February 9th. ValuEngine raised Oshkosh from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. SunTrust Banks upped their target price on Oshkosh to $102.00 and gave the stock a “buy” rating in a research report on Wednesday, January 10th. Stifel Nicolaus upped their target price on Oshkosh from $100.00 to $106.00 and gave the stock a “buy” rating in a research report on Friday, January 26th. Finally, Morgan Stanley started coverage on Oshkosh in a research report on Friday, March 2nd. They issued an “equal weight” rating and a $86.00 target price on the stock. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Oshkosh currently has a consensus rating of “Buy” and a consensus price target of $93.00.
OSK stock opened at $79.55 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.08 and a current ratio of 1.86. The company has a market capitalization of $5,888.58, a PE ratio of 18.76, a PEG ratio of 0.84 and a beta of 1.61. Oshkosh Corp has a fifty-two week low of $61.74 and a fifty-two week high of $100.26.
Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Thursday, January 25th. The company reported $0.84 EPS for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.29. The business had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.43 billion. Oshkosh had a return on equity of 16.64% and a net margin of 4.48%. The firm’s revenue for the quarter was up 31.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.26 EPS. analysts expect that Oshkosh Corp will post 5.33 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, February 26th. Stockholders of record on Monday, February 12th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date was Friday, February 9th. Oshkosh’s dividend payout ratio is 22.64%.
In other Oshkosh news, Director Duncan Palmer sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $91.93, for a total value of $137,895.00. Following the sale, the director now owns 23,095 shares of the company’s stock, valued at approximately $2,123,123.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP James C. Freeders sold 2,300 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $86.70, for a total value of $199,410.00. Following the completion of the sale, the vice president now directly owns 1,786 shares in the company, valued at approximately $154,846.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,361 shares of company stock worth $564,480. 1.60% of the stock is currently owned by insiders.
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Oshkosh 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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