Oshkosh Corp. (NYSE:OSK) insider Joseph H. Kimmitt sold 47,722 shares of the company’s stock in a transaction that occurred on Thursday, November 10th. The shares were sold at an average price of $63.84, for a total transaction of $3,046,572.48. Following the transaction, the insider now owns 64,790 shares in the company, valued at approximately $4,136,193.60. The sale was disclosed in a filing with the SEC, which is available at this link.

Oshkosh Corp. (NYSE:OSK) opened at 67.13 on Wednesday. The stock has a 50 day moving average of $55.65 and a 200 day moving average of $51.37. Oshkosh Corp. has a 1-year low of $29.59 and a 1-year high of $67.18. The stock has a market capitalization of $4.95 billion, a P/E ratio of 23.07 and a beta of 1.68.

Oshkosh Corp. (NYSE:OSK) last announced its earnings results on Tuesday, November 1st. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.21. The business had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.67 billion. Oshkosh Corp. had a net margin of 3.45% and a return on equity of 12.31%. The company’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.67 EPS. On average, analysts expect that Oshkosh Corp. will post $3.34 earnings per share for the current year.

Insider Buying and Selling by Quarter for Oshkosh Corp. (NYSE:OSK)

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Thursday, November 17th will be paid a $0.21 dividend. This is a boost from Oshkosh Corp.’s previous quarterly dividend of $0.19. This represents a $0.84 annualized dividend and a yield of 1.25%. The ex-dividend date is Tuesday, November 15th. Oshkosh Corp.’s payout ratio is currently 26.21%.

OSK has been the topic of a number of research reports. Royal Bank Of Canada upgraded shares of Oshkosh Corp. from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $46.00 to $63.00 in a research note on Friday, July 29th. Stifel Nicolaus increased their price objective on shares of Oshkosh Corp. from $53.00 to $63.00 and gave the stock a “buy” rating in a research note on Friday, July 29th. Deutsche Bank AG cut their price objective on shares of Oshkosh Corp. from $62.00 to $60.00 and set a “buy” rating on the stock in a research note on Monday, September 26th. Drexel Hamilton reiterated a “hold” rating on shares of Oshkosh Corp. in a research note on Monday, September 26th. Finally, RBC Capital Markets upgraded shares of Oshkosh Corp. from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $46.00 to $63.00 in a research note on Friday, July 29th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company’s stock. Oshkosh Corp. presently has a consensus rating of “Buy” and a consensus target price of $56.21.

A number of institutional investors have recently made changes to their positions in the stock. Wilen Investment Management CORP. purchased a new position in shares of Oshkosh Corp. during the second quarter valued at about $221,000. Todd Asset Management LLC boosted its position in shares of Oshkosh Corp. by 7.3% in the second quarter. Todd Asset Management LLC now owns 373,364 shares of the company’s stock valued at $17,813,000 after buying an additional 25,462 shares in the last quarter. 1st Global Advisors Inc. purchased a new position in shares of Oshkosh Corp. during the second quarter valued at about $205,000. Societe Generale purchased a new position in shares of Oshkosh Corp. during the second quarter valued at about $975,000. Finally, BlackRock Group LTD boosted its position in shares of Oshkosh Corp. by 22.7% in the first quarter. BlackRock Group LTD now owns 62,747 shares of the company’s stock valued at $2,565,000 after buying an additional 11,625 shares in the last quarter. 95.05% of the stock is currently owned by institutional investors.

About Oshkosh Corp.

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.

5 Day Chart for NYSE:OSK

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