Two Sigma Investments LP Buys New Holdings in Oshkosh Co. (OSK)

Two Sigma Investments LP purchased a new stake in Oshkosh Co. (NYSE:OSK) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 336,806 shares of the company’s stock, valued at approximately $30,612,000. Two Sigma Investments LP owned about 0.45% of Oshkosh as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Cerebellum GP LLC acquired a new stake in shares of Oshkosh during the 4th quarter worth $130,000. Pitcairn Co. acquired a new stake in Oshkosh in the 4th quarter valued at $202,000. Chevy Chase Trust Holdings Inc. acquired a new stake in Oshkosh in the 4th quarter valued at $203,000. CIBC Asset Management Inc acquired a new stake in Oshkosh in the 3rd quarter valued at $208,000. Finally, Rothschild Investment Corp IL acquired a new stake in Oshkosh in the 4th quarter valued at $218,000. Institutional investors own 91.87% of the company’s stock.

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A number of equities analysts have weighed in on OSK shares. ValuEngine raised shares of Oshkosh from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Stifel Nicolaus increased their price target on shares of Oshkosh from $100.00 to $106.00 and gave the stock a “buy” rating in a research report on Friday, January 26th. KeyCorp reaffirmed a “buy” rating and set a $104.00 price target on shares of Oshkosh in a research report on Friday, January 26th. SunTrust Banks reaffirmed a “buy” rating on shares of Oshkosh in a research report on Friday, January 26th. Finally, Deutsche Bank raised shares of Oshkosh from a “hold” rating to a “buy” rating and set a $80.00 price target on the stock in a research report on Monday, March 19th. Six analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Oshkosh presently has an average rating of “Buy” and an average target price of $93.00.

In related news, 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 transaction, the vice president now owns 1,786 shares of the company’s stock, valued at approximately $154,846.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $137,895.00. Following the completion of the transaction, the director now directly owns 23,095 shares of the company’s stock, valued at approximately $2,123,123.35. The disclosure for this sale can be found here. Insiders sold a total of 6,361 shares of company stock valued at $564,480 in the last ninety days. Company insiders own 2.00% of the company’s stock.

NYSE OSK opened at $76.02 on Friday. The company has a market cap of $5,799.78, a P/E ratio of 17.89, a P/E/G ratio of 0.83 and a beta of 1.57. Oshkosh Co. has a 12 month low of $61.74 and a 12 month high of $100.26. The company has a current ratio of 1.86, a quick ratio of 1.08 and a debt-to-equity ratio of 0.35.

Oshkosh (NYSE:OSK) last issued its earnings results on Thursday, January 25th. The company reported $0.84 earnings per share for the quarter, topping the Zacks’ 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 period last year, the firm posted $0.26 earnings per share. The firm’s revenue for the quarter was up 31.0% compared to the same quarter last year. sell-side analysts predict that Oshkosh Co. will post 5.33 EPS for the current fiscal year.

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Oshkosh Profile

Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation; and chassis and service parts sales.

Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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