Oshkosh Co. (NYSE:OSK) Shares Sold by Barclays PLC

Barclays PLC reduced its holdings in shares of Oshkosh Co. (NYSE:OSKFree Report) by 29.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 84,748 shares of the company’s stock after selling 35,899 shares during the period. Barclays PLC’s holdings in Oshkosh were worth $8,087,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. raised its position in shares of Oshkosh by 3.1% during the 2nd quarter. BlackRock Inc. now owns 6,225,345 shares of the company’s stock valued at $539,053,000 after acquiring an additional 185,743 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Oshkosh by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 6,179,092 shares of the company’s stock valued at $434,329,000 after acquiring an additional 44,117 shares in the last quarter. Greenhaven Associates Inc. raised its position in shares of Oshkosh by 4.3% during the 3rd quarter. Greenhaven Associates Inc. now owns 2,458,689 shares of the company’s stock valued at $234,633,000 after acquiring an additional 100,861 shares in the last quarter. State Street Corp raised its position in shares of Oshkosh by 2.3% during the 1st quarter. State Street Corp now owns 1,891,453 shares of the company’s stock valued at $157,331,000 after acquiring an additional 43,172 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Oshkosh by 15.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,631,512 shares of the company’s stock valued at $141,267,000 after acquiring an additional 212,661 shares in the last quarter. 88.71% of the stock is currently owned by hedge funds and other institutional investors.

Oshkosh Stock Down 0.0 %

OSK opened at $111.89 on Thursday. Oshkosh Co. has a fifty-two week low of $72.09 and a fifty-two week high of $115.63. The business has a 50-day moving average of $106.39 and a 200-day moving average of $99.93. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.45 and a quick ratio of 0.76. The company has a market capitalization of $7.32 billion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 1.46 and a beta of 1.29.

Oshkosh (NYSE:OSKGet Free Report) last posted its quarterly earnings results on Tuesday, January 30th. The company reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates of $2.24 by $0.32. Oshkosh had a return on equity of 18.75% and a net margin of 6.19%. The company had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.46 billion. During the same period last year, the business earned $1.60 EPS. The business’s quarterly revenue was up 12.1% on a year-over-year basis. Equities research analysts forecast that Oshkosh Co. will post 10.31 EPS for the current fiscal year.

Oshkosh Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 29th. Investors of record on Thursday, February 15th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.64%. This is an increase from Oshkosh’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend is Wednesday, February 14th. Oshkosh’s dividend payout ratio (DPR) is presently 18.06%.

Analyst Ratings Changes

Several research firms recently issued reports on OSK. Citigroup increased their target price on Oshkosh from $115.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, January 31st. TheStreet raised Oshkosh from a “c” rating to a “b-” rating in a research note on Tuesday, January 30th. UBS Group increased their price target on Oshkosh from $117.00 to $129.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. JPMorgan Chase & Co. decreased their price target on Oshkosh from $110.00 to $104.00 and set a “neutral” rating for the company in a research note on Monday, October 16th. Finally, Wells Fargo & Company raised their target price on Oshkosh from $114.00 to $122.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 31st. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $114.88.

View Our Latest Research Report on OSK

Oshkosh Company Profile

(Free Report)

Oshkosh Corporation designs, manufacture, and markets specialty trucks and access equipment vehicles worldwide. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.

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Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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