Capital Analysts LLC Grows Holdings in Oshkosh Corp (OSK)

Capital Analysts LLC raised its stake in shares of Oshkosh Corp (NYSE:OSK) by 39,797.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 298,033 shares of the company’s stock after purchasing an additional 297,286 shares during the quarter. Oshkosh accounts for 10.0% of Capital Analysts LLC’s portfolio, making the stock its largest holding. Capital Analysts LLC owned approximately 0.40% of Oshkosh worth $80,126,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cerebellum GP LLC bought a new position in shares of Oshkosh in the fourth quarter valued at approximately $130,000. Chevy Chase Trust Holdings Inc. bought a new position in shares of Oshkosh in the fourth quarter valued at approximately $203,000. Rothschild Investment Corp IL bought a new position in shares of Oshkosh in the fourth quarter valued at approximately $218,000. Essex Financial Services Inc. bought a new position in shares of Oshkosh in the fourth quarter valued at approximately $218,000. Finally, CIBC Asset Management Inc bought a new position in shares of Oshkosh in the third quarter valued at approximately $208,000. 92.40% of the stock is currently owned by institutional investors.

Oshkosh Corp (NYSE OSK) opened at $84.99 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.86 and a debt-to-equity ratio of 0.35. Oshkosh Corp has a 1 year low of $61.74 and a 1 year high of $100.26. The firm has a market cap of $6,342.29, a P/E ratio of 20.04, a P/E/G ratio of 1.10 and a beta of 1.54.

Oshkosh (NYSE:OSK) last posted its quarterly earnings data on Thursday, January 25th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.29. Oshkosh had a net margin of 4.48% and a return on equity of 16.64%. The firm had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the previous year, the company posted $0.26 EPS. Oshkosh’s revenue was up 31.0% on a year-over-year basis. analysts expect that Oshkosh Corp will post 5.32 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 26th. Investors of record on Monday, February 12th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Friday, February 9th. Oshkosh’s dividend payout ratio (DPR) is presently 22.64%.

In related news, Director Leslie F. Kenne sold 1,061 shares of the business’s stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $90.82, for a total value of $96,360.02. Following the completion of the transaction, the director now owns 25,320 shares in the company, valued at approximately $2,299,562.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP James W. Johnson sold 22,300 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $90.59, for a total transaction of $2,020,157.00. Following the completion of the transaction, the vice president now owns 51,673 shares of the company’s stock, valued at approximately $4,681,057.07. The disclosure for this sale can be found here. Insiders sold a total of 33,986 shares of company stock valued at $3,041,788 in the last 90 days. 1.60% of the stock is currently owned by corporate insiders.

A number of research firms have recently issued reports on OSK. Evercore ISI upgraded shares of Oshkosh from an “in-line” rating to an “outperform” rating in a research note on Friday, February 9th. ValuEngine upgraded shares of Oshkosh from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Stifel Nicolaus lifted their target price on shares of Oshkosh from $100.00 to $106.00 and gave the company a “buy” rating in a research note on Friday, January 26th. KeyCorp reiterated a “buy” rating and issued a $104.00 target price on shares of Oshkosh in a research note on Friday, January 26th. Finally, SunTrust Banks reiterated a “buy” rating on shares of Oshkosh in a research note on Friday, January 26th. Three analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Oshkosh has an average rating of “Buy” and a consensus price target of $94.54.

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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.

Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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