Chesapeake Capital Corp IL Invests $1.04 Million in Oshkosh Co. (NYSE:OSK)

Chesapeake Capital Corp IL acquired a new position in shares of Oshkosh Co. (NYSE:OSKFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,605 shares of the company’s stock, valued at approximately $1,041,000.

Other institutional investors have also made changes to their positions in the company. Louisiana State Employees Retirement System acquired a new stake in shares of Oshkosh during the 4th quarter valued at about $1,995,000. Dimensional Fund Advisors LP boosted its position in shares of Oshkosh by 7.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,747,710 shares of the company’s stock valued at $189,473,000 after acquiring an additional 122,786 shares in the last quarter. Teachers Retirement System of The State of Kentucky boosted its position in shares of Oshkosh by 92.6% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 22,395 shares of the company’s stock valued at $2,138,000 after acquiring an additional 10,770 shares in the last quarter. Quest Partners LLC acquired a new stake in shares of Oshkosh during the 4th quarter valued at about $1,154,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of Oshkosh by 38.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 122,800 shares of the company’s stock valued at $11,719,000 after acquiring an additional 34,325 shares in the last quarter. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Trading Down 0.2 %

Shares of OSK traded down $0.19 on Friday, reaching $115.46. 445,371 shares of the company’s stock were exchanged, compared to its average volume of 474,189. The company has a current ratio of 1.43, a quick ratio of 0.76 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $7.55 billion, a P/E ratio of 11.05, a price-to-earnings-growth ratio of 1.23 and a beta of 1.30. The business has a 50 day moving average price of $119.83 and a two-hundred day moving average price of $110.95. Oshkosh Co. has a 12 month low of $72.79 and a 12 month high of $127.98.

Oshkosh (NYSE:OSKGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The company reported $2.89 earnings per share for the quarter, topping analysts’ consensus estimates of $2.26 by $0.63. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.49 billion. Oshkosh had a net margin of 6.93% and a return on equity of 20.39%. Oshkosh’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.59 earnings per share. Research analysts anticipate that Oshkosh Co. will post 11.05 earnings per share for the current year.

Oshkosh Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 28th. Investors of record on Monday, May 13th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Friday, May 10th. Oshkosh’s dividend payout ratio (DPR) is 17.61%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on OSK shares. Truist Financial lifted their target price on shares of Oshkosh from $121.00 to $132.00 and gave the company a “hold” rating in a research report on Friday, April 26th. JPMorgan Chase & Co. boosted their price target on shares of Oshkosh from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Tuesday, April 16th. UBS Group boosted their price target on shares of Oshkosh from $117.00 to $129.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Wells Fargo & Company boosted their price target on shares of Oshkosh from $114.00 to $122.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 31st. Finally, The Goldman Sachs Group boosted their price target on shares of Oshkosh from $104.00 to $116.00 and gave the company a “neutral” rating in a research report on Wednesday, January 31st. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, Oshkosh has an average rating of “Moderate Buy” and a consensus target price of $125.50.

View Our Latest Report on OSK

Oshkosh Profile

(Free Report)

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. 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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