Oshkosh Corporation (NYSE:OSK) VP R Scott Grennier sold 3,369 shares of Oshkosh Corporation stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $85.79, for a total value of $289,026.51. Following the sale, the vice president now directly owns 7,574 shares of the company’s stock, valued at approximately $649,773.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Oshkosh Corporation (NYSE:OSK) opened at $85.27 on Friday. The company has a market capitalization of $6,380.67, a P/E ratio of 20.11, a PEG ratio of 1.14 and a beta of 1.87. Oshkosh Corporation has a 12-month low of $61.74 and a 12-month high of $94.16. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.81 and a quick ratio of 1.09.
Oshkosh Corporation (NYSE:OSK) last posted its quarterly earnings data on Tuesday, October 31st. The company reported $1.38 EPS for the quarter, beating the Zacks’ consensus estimate of $1.02 by $0.36. The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Oshkosh Corporation had a return on equity of 15.14% and a net margin of 4.18%. The business’s revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.05 earnings per share. sell-side analysts anticipate that Oshkosh Corporation will post 4.51 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th will be given a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, November 15th. This is a boost from Oshkosh Corporation’s previous quarterly dividend of $0.21. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.13%. Oshkosh Corporation’s payout ratio is 25.53%.
Several institutional investors have recently bought and sold shares of OSK. HighTower Advisors LLC purchased a new stake in shares of Oshkosh Corporation in the first quarter valued at approximately $247,000. Capstone Asset Management Co. increased its position in shares of Oshkosh Corporation by 4.2% in the second quarter. Capstone Asset Management Co. now owns 5,452 shares of the company’s stock valued at $376,000 after buying an additional 220 shares in the last quarter. Creative Planning increased its position in shares of Oshkosh Corporation by 1.8% in the second quarter. Creative Planning now owns 9,935 shares of the company’s stock valued at $684,000 after buying an additional 174 shares in the last quarter. James Investment Research Inc. increased its position in shares of Oshkosh Corporation by 746.9% during the second quarter. James Investment Research Inc. now owns 17,785 shares of the company’s stock worth $1,225,000 after purchasing an additional 15,685 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its position in shares of Oshkosh Corporation by 4.2% during the second quarter. Oregon Public Employees Retirement Fund now owns 27,390 shares of the company’s stock worth $1,887,000 after purchasing an additional 1,112 shares in the last quarter. Institutional investors and hedge funds own 94.41% of the company’s stock.
A number of equities research analysts recently commented on the company. Robert W. Baird reaffirmed a “buy” rating and set a $93.00 target price on shares of Oshkosh Corporation in a report on Thursday, October 12th. ValuEngine raised Oshkosh Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $85.00 target price (up previously from $80.00) on shares of Oshkosh Corporation in a report on Wednesday, August 9th. BidaskClub raised Oshkosh Corporation from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 8th. Finally, J P Morgan Chase & Co lifted their target price on Oshkosh Corporation from $80.00 to $88.00 and gave the stock a “neutral” rating in a report on Wednesday, November 1st. Five analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Oshkosh Corporation has an average rating of “Buy” and an average price target of $92.85.
Oshkosh Corporation 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.
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