Victory Capital Management Inc. Has $1.56 Million Position in Oshkosh Corp (NYSE:OSK)

Victory Capital Management Inc. increased its position in shares of Oshkosh Corp (NYSE:OSK) by 16.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,896 shares of the company’s stock after buying an additional 2,632 shares during the period. Victory Capital Management Inc.’s holdings in Oshkosh were worth $1,560,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in OSK. Capstone Asset Management Co. grew its holdings in shares of Oshkosh by 4.2% in the second quarter. Capstone Asset Management Co. now owns 5,452 shares of the company’s stock valued at $376,000 after purchasing an additional 220 shares during the period. Creative Planning grew its holdings in shares of Oshkosh by 1.8% in the second quarter. Creative Planning now owns 9,935 shares of the company’s stock valued at $684,000 after purchasing an additional 174 shares during the period. Oregon Public Employees Retirement Fund grew its holdings in shares of Oshkosh by 4.2% in the second quarter. Oregon Public Employees Retirement Fund now owns 27,390 shares of the company’s stock valued at $1,887,000 after purchasing an additional 1,112 shares during the period. LS Investment Advisors LLC grew its holdings in shares of Oshkosh by 17.2% in the second quarter. LS Investment Advisors LLC now owns 6,019 shares of the company’s stock valued at $415,000 after purchasing an additional 883 shares during the period. Finally, Aperio Group LLC grew its holdings in shares of Oshkosh by 3.1% in the second quarter. Aperio Group LLC now owns 38,308 shares of the company’s stock valued at $2,639,000 after purchasing an additional 1,167 shares during the period. 93.61% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts recently issued reports on the stock. Jefferies Group upped their price objective on shares of Oshkosh from $95.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, November 1st. Stifel Nicolaus reaffirmed a “buy” rating and set a $100.00 target price on shares of Oshkosh in a research note on Wednesday, November 1st. Zacks Investment Research lowered shares of Oshkosh from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $100.00 target price on shares of Oshkosh in a research note on Thursday, November 2nd. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $97.00 target price on shares of Oshkosh in a research note on Wednesday, November 1st. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Oshkosh has a consensus rating of “Buy” and an average price target of $92.85.

In related news, VP Colleen R. Moynihan sold 5,259 shares of Oshkosh stock in a transaction on Monday, November 6th. The shares were sold at an average price of $88.19, for a total value of $463,791.21. Following the transaction, the vice president now directly owns 4,647 shares in the company, valued at approximately $409,818.93. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Colleen R. Moynihan sold 4,000 shares of Oshkosh stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $87.62, for a total transaction of $350,480.00. Following the completion of the transaction, the vice president now owns 7,347 shares in the company, valued at $643,744.14. The disclosure for this sale can be found here. Over the last quarter, insiders sold 115,153 shares of company stock worth $9,953,433. 2.00% of the stock is currently owned by insiders.

Shares of Oshkosh Corp (NYSE OSK) traded up $0.09 during trading hours on Thursday, reaching $88.00. 1,098,363 shares of the company traded hands, compared to its average volume of 686,714. The firm has a market capitalization of $6,733.00, a PE ratio of 21.13, a price-to-earnings-growth ratio of 1.19 and a beta of 1.84. Oshkosh Corp has a 52-week low of $61.74 and a 52-week high of $94.16. The company has a current ratio of 1.81, a quick ratio of 1.09 and a debt-to-equity ratio of 0.35.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Tuesday, October 31st. The company reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.36. The company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Oshkosh had a net margin of 4.18% and a return on equity of 15.14%. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the company earned $1.05 earnings per share. research analysts predict that Oshkosh Corp will post 4.55 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.09%. This is a boost from Oshkosh’s previous quarterly dividend of $0.21. The ex-dividend date was Wednesday, November 15th. Oshkosh’s payout ratio is presently 25.53%.

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Oshkosh 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.

Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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