Nordea Investment Management AB bought a new position in Oshkosh Corporation (NYSE:OSK) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 27,861 shares of the company’s stock, valued at approximately $1,919,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Raymond James Trust N.A. lifted its position in Oshkosh Corporation by 0.9% in the 2nd quarter. Raymond James Trust N.A. now owns 3,054 shares of the company’s stock worth $210,000 after buying an additional 28 shares during the last quarter. Hanseatic Management Services Inc. lifted its position in Oshkosh Corporation by 0.3% in the 2nd quarter. Hanseatic Management Services Inc. now owns 15,738 shares of the company’s stock worth $1,084,000 after buying an additional 41 shares during the last quarter. M&T Bank Corp lifted its position in Oshkosh Corporation by 1.2% in the 2nd quarter. M&T Bank Corp now owns 5,135 shares of the company’s stock worth $353,000 after buying an additional 61 shares during the last quarter. Advisors Asset Management Inc. lifted its position in Oshkosh Corporation by 3.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 2,039 shares of the company’s stock worth $140,000 after buying an additional 68 shares during the last quarter. Finally, Paradigm Asset Management Co. LLC lifted its position in Oshkosh Corporation by 4.7% in the 2nd quarter. Paradigm Asset Management Co. LLC now owns 2,250 shares of the company’s stock worth $155,000 after buying an additional 100 shares during the last quarter. Institutional investors own 94.64% of the company’s stock.

OSK has been the subject of a number of recent research reports. ValuEngine upgraded Oshkosh Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. KeyCorp restated a “buy” rating and issued a $85.00 target price on shares of Oshkosh Corporation in a research report on Sunday, September 17th. Zacks Investment Research downgraded Oshkosh Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Royal Bank Of Canada restated an “outperform” rating and issued a $85.00 target price (up previously from $80.00) on shares of Oshkosh Corporation in a research report on Wednesday, August 9th. Finally, Drexel Hamilton upgraded Oshkosh Corporation from a “hold” rating to a “buy” rating and set a $83.00 target price for the company in a research report on Friday, August 4th. Four analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $82.40.

In other news, insider Joseph H. Kimmitt sold 23,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $75.83, for a total value of $1,744,090.00. Following the completion of the sale, the insider now directly owns 70,262 shares of the company’s stock, valued at approximately $5,327,967.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Craig P. Omtvedt sold 7,050 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $74.82, for a total value of $527,481.00. Following the completion of the sale, the director now directly owns 32,374 shares of the company’s stock, valued at $2,422,222.68. 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 over the last ninety days. Corporate insiders own 2.00% of the company’s stock.

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Oshkosh Corporation (NYSE OSK) opened at 83.23 on Thursday. The stock has a market capitalization of $6.23 billion, a PE ratio of 24.70 and a beta of 1.77. Oshkosh Corporation has a 52 week low of $52.00 and a 52 week high of $84.31. The firm has a 50-day moving average price of $76.72 and a 200-day moving average price of $70.53.

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

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

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