M&T Bank Corp increased its holdings in shares of Oshkosh Corporation (NYSE:OSK) by 1.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,135 shares of the company’s stock after purchasing an additional 61 shares during the period. M&T Bank Corp’s holdings in Oshkosh Corporation were worth $353,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Raymond James Trust N.A. lifted its holdings in shares of Oshkosh Corporation by 0.9% during the 2nd quarter. Raymond James Trust N.A. now owns 3,054 shares of the company’s stock valued at $210,000 after purchasing an additional 28 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Oshkosh Corporation by 3.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 2,039 shares of the company’s stock valued at $140,000 after purchasing an additional 68 shares in the last quarter. Paradigm Asset Management Co. LLC lifted its holdings in shares of Oshkosh Corporation by 4.7% during the 2nd quarter. Paradigm Asset Management Co. LLC now owns 2,250 shares of the company’s stock valued at $155,000 after purchasing an additional 100 shares in the last quarter. Martingale Asset Management L P lifted its holdings in shares of Oshkosh Corporation by 0.3% during the 2nd quarter. Martingale Asset Management L P now owns 45,804 shares of the company’s stock valued at $3,155,000 after purchasing an additional 139 shares in the last quarter. Finally, Hudson Valley Investment Advisors Inc. ADV lifted its holdings in shares of Oshkosh Corporation by 0.8% during the 2nd quarter. Hudson Valley Investment Advisors Inc. ADV now owns 17,298 shares of the company’s stock valued at $1,191,000 after purchasing an additional 140 shares in the last quarter. Institutional investors and hedge funds own 94.64% of the company’s stock.

Shares of Oshkosh Corporation (OSK) opened at 84.59 on Wednesday. Oshkosh Corporation has a 1-year low of $52.00 and a 1-year high of $84.97. The company has a market cap of $6.33 billion, a PE ratio of 25.10 and a beta of 1.77. The firm has a 50-day moving average price of $77.95 and a 200 day moving average price of $71.00.

Oshkosh Corporation (NYSE:OSK) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.51. The business had revenue of $2.04 billion for 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 quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.13 earnings per share. On average, equities analysts anticipate that Oshkosh Corporation will post $3.96 earnings per share for the current year.

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In other Oshkosh Corporation news, VP Marek W. May sold 3,200 shares of the stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $74.89, for a total value of $239,648.00. Following the transaction, the vice president now owns 11,068 shares in the company, valued at $828,882.52. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Craig P. Omtvedt sold 7,050 shares of the stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $74.82, for a total value of $527,481.00. Following the completion of the transaction, the director now owns 32,374 shares in the company, valued at approximately $2,422,222.68. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,533 shares of company stock worth $3,810,466. Corporate insiders own 2.00% of the company’s stock.

Several equities analysts have recently weighed in on the company. Deutsche Bank AG reiterated a “hold” rating and set a $86.00 price objective (up previously from $80.00) on shares of Oshkosh Corporation in a report on Monday. Zacks Investment Research upgraded Oshkosh Corporation from a “hold” rating to a “buy” rating and set a $94.00 price objective on the stock in a report on Wednesday, October 4th. KeyCorp reiterated a “buy” rating and set a $85.00 price objective on shares of Oshkosh Corporation in a report on Sunday, September 17th. Jefferies Group LLC reiterated a “buy” rating and set a $85.00 price objective on shares of Oshkosh Corporation in a report on Thursday, September 7th. Finally, ValuEngine upgraded Oshkosh Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Four investment 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. Oshkosh Corporation has an average rating of “Buy” and an average price target of $83.00.

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.

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

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