Oshkosh Corp (NYSE:OSK) Director Peter B. Hamilton sold 1,500 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $87.21, for a total value of $130,815.00. Following the transaction, the director now owns 23,750 shares of the company’s stock, valued at approximately $2,071,237.50. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Oshkosh Corp (NYSE OSK) traded down $0.75 on Tuesday, hitting $84.24. The stock had a trading volume of 800,749 shares, compared to its average volume of 838,797. Oshkosh Corp has a 12 month low of $61.74 and a 12 month high of $100.26. The company has a quick ratio of 1.08, a current ratio of 1.86 and a debt-to-equity ratio of 0.35. The company has a market cap of $6,342.29, a P/E ratio of 19.96, a PEG ratio of 1.10 and a beta of 1.53.
Oshkosh (NYSE:OSK) last announced its earnings results on Thursday, January 25th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.29. The company 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%. Oshkosh’s revenue for the quarter was up 31.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.26 earnings per share. research analysts expect 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. Stockholders of record on Monday, February 12th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date is Friday, February 9th. Oshkosh’s dividend payout ratio (DPR) is presently 22.64%.
A number of research analysts have issued reports on OSK shares. Stifel Nicolaus boosted their price target on Oshkosh from $100.00 to $106.00 and gave the stock a “buy” rating in a research report on Friday, January 26th. KeyCorp reiterated a “buy” rating and set a $104.00 price target on shares of Oshkosh in a research report on Friday, January 26th. SunTrust Banks reiterated a “buy” rating on shares of Oshkosh in a research report on Friday, January 26th. ValuEngine raised Oshkosh from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $100.00 price objective on shares of Oshkosh in a research note on Thursday, November 2nd. Three analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $94.54.
Institutional investors have recently made changes to their positions in the company. Cerebellum GP LLC acquired a new stake in shares of Oshkosh during the fourth quarter worth $130,000. Pitcairn Co. acquired a new stake in shares of Oshkosh during the fourth quarter worth $202,000. Chevy Chase Trust Holdings Inc. acquired a new stake in shares of Oshkosh during the fourth quarter worth $203,000. Rothschild Investment Corp IL acquired a new stake in shares of Oshkosh during the fourth quarter worth $218,000. Finally, Essex Financial Services Inc. acquired a new stake in shares of Oshkosh during the fourth quarter worth $218,000. 92.40% of the stock is currently owned by institutional investors.
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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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