Wilen Investment Management CORP. lessened its holdings in Oshkosh Corp (NYSE:OSK) by 16.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,515 shares of the company’s stock after selling 700 shares during the quarter. Wilen Investment Management CORP.’s holdings in Oshkosh were worth $318,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of OSK. Cerebellum GP LLC bought a new position in shares of Oshkosh in the 4th quarter valued at about $130,000. Chevy Chase Trust Holdings Inc. bought a new position in shares of Oshkosh in the 4th quarter valued at about $203,000. CIBC Asset Management Inc bought a new position in shares of Oshkosh in the 3rd quarter valued at about $208,000. Rothschild Investment Corp IL bought a new position in shares of Oshkosh in the 4th quarter valued at about $218,000. Finally, Essex Financial Services Inc. bought a new position in shares of Oshkosh in the 4th quarter valued at about $218,000. 93.08% of the stock is currently owned by institutional investors.
Oshkosh Corp (NYSE OSK) opened at $87.37 on Friday. Oshkosh Corp has a one year low of $61.74 and a one year high of $100.26. The firm has a market cap of $6,463.93, a P/E ratio of 20.53, a P/E/G ratio of 1.13 and a beta of 1.54. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.08 and a current ratio of 1.86.
Oshkosh (NYSE:OSK) last announced its earnings results on Thursday, January 25th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.55 by $0.29. The firm had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.43 billion. Oshkosh had a net margin of 4.48% and a return on equity of 16.64%. The business’s quarterly revenue was up 31.0% on a year-over-year basis. During the same period last year, the company posted $0.26 EPS. analysts forecast that Oshkosh Corp will post 5.32 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, February 26th. Shareholders of record on Monday, February 12th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, February 9th. This represents a $0.96 annualized dividend and a yield of 1.10%. Oshkosh’s dividend payout ratio (DPR) is currently 22.64%.
Several research analysts have recently issued reports on OSK shares. KeyCorp reaffirmed an “overweight” rating and issued a $100.00 target price (up previously from $90.00) on shares of Oshkosh in a research note on Wednesday, November 1st. SunTrust Banks lifted their price objective on shares of Oshkosh to $102.00 and gave the stock a “buy” rating in a research note on Wednesday, January 10th. ValuEngine lowered shares of Oshkosh from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. JPMorgan Chase & Co. lifted their price objective on shares of Oshkosh from $80.00 to $88.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 1st. Finally, Robert W. Baird reissued a “buy” rating and set a $97.00 price objective on shares of Oshkosh in a research note on Wednesday, November 1st. Three equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $94.54.
In other Oshkosh news, VP Colleen R. Moynihan sold 5,325 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $85.85, for a total transaction of $457,151.25. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP R Scott Grennier sold 900 shares of the firm’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $86.18, for a total transaction of $77,562.00. Following the sale, the vice president now owns 3,581 shares in the company, valued at $308,610.58. The disclosure for this sale can be found here. Insiders have sold a total of 33,386 shares of company stock worth $2,988,535 over the last 90 days. Corporate insiders own 2.00% of the company’s stock.
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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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