Denver Investment Advisors LLC lowered its stake in Oshkosh Corporation (NYSE:OSK) by 0.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,887 shares of the company’s stock after selling 145 shares during the period. Denver Investment Advisors LLC’s holdings in Oshkosh Corporation were worth $1,301,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in Oshkosh Corporation by 16.8% in the first quarter. Vanguard Group Inc. now owns 6,767,922 shares of the company’s stock valued at $464,212,000 after buying an additional 973,348 shares in the last quarter. BlackRock Inc. raised its stake in Oshkosh Corporation by 5,532.7% in the first quarter. BlackRock Inc. now owns 6,431,080 shares of the company’s stock valued at $441,107,000 after buying an additional 6,316,906 shares in the last quarter. Alliancebernstein L.P. raised its stake in Oshkosh Corporation by 4.4% in the first quarter. Alliancebernstein L.P. now owns 4,279,772 shares of the company’s stock valued at $293,550,000 after buying an additional 178,674 shares in the last quarter. Aristotle Capital Management LLC raised its stake in Oshkosh Corporation by 4.6% in the first quarter. Aristotle Capital Management LLC now owns 4,268,889 shares of the company’s stock valued at $292,803,000 after buying an additional 188,368 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in Oshkosh Corporation by 54.3% in the first quarter. AQR Capital Management LLC now owns 2,950,143 shares of the company’s stock valued at $202,350,000 after buying an additional 1,037,968 shares in the last quarter. Institutional investors and hedge funds own 95.68% of the company’s stock.

Oshkosh Corporation (OSK) opened at 73.88 on Friday. The company has a market cap of $5.53 billion, a P/E ratio of 21.92 and a beta of 1.81. Oshkosh Corporation has a 1-year low of $50.77 and a 1-year high of $77.20. The stock’s 50 day moving average is $70.79 and its 200 day moving average is $68.62.

Oshkosh Corporation (NYSE:OSK) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $1.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.51. Oshkosh Corporation had a net margin of 3.83% and a return on equity of 14.49%. The company had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the prior year, the company earned $1.13 EPS. The firm’s revenue was up 16.6% on a year-over-year basis. Equities analysts anticipate that Oshkosh Corporation will post $3.95 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Friday, August 18th will be paid a $0.21 dividend. The ex-dividend date is Wednesday, August 16th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.14%. Oshkosh Corporation’s dividend payout ratio (DPR) is 25.07%.

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Several brokerages recently commented on OSK. Drexel Hamilton raised shares of Oshkosh Corporation from a “hold” rating to a “buy” rating and set a $83.00 price objective for the company in a research note on Friday, August 4th. Zacks Investment Research downgraded shares of Oshkosh Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Bank of America Corporation raised shares of Oshkosh Corporation from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $60.00 to $78.00 in a research note on Thursday, August 3rd. Jefferies Group LLC reissued a “buy” rating and issued a $85.00 price objective on shares of Oshkosh Corporation in a research note on Thursday, July 13th. Finally, Barrington Research increased their price objective on shares of Oshkosh Corporation from $75.00 to $86.00 and gave the company an “outperform” rating in a research note on Thursday, April 27th. Seven research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $75.67.

In other news, VP Marek W. May sold 3,200 shares of the company’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $74.89, for a total value of $239,648.00. Following the completion of the sale, the vice president now owns 11,068 shares of the company’s stock, valued at approximately $828,882.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert S. Messina sold 3,400 shares of the company’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $75.23, for a total transaction of $255,782.00. Following the completion of the sale, the vice president now directly owns 12,558 shares of the company’s stock, valued at approximately $944,738.34. The disclosure for this sale can be found here. Insiders sold a total of 50,533 shares of company stock valued at $3,810,466 in the last ninety days. 2.00% of the stock is owned by corporate insiders.

About Oshkosh Corporation

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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Institutional Ownership by Quarter for Oshkosh Corporation (NYSE:OSK)

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