Oshkosh Corporation (NYSE:OSK) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Oshkosh Corporation (NYSE:OSK) have received a consensus rating of “Moderate Buy” from the nineteen analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $151.3125.

Several equities research analysts have recently issued reports on the company. Zacks Research lowered Oshkosh from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Truist Financial cut their price objective on shares of Oshkosh from $171.00 to $158.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Wall Street Zen cut shares of Oshkosh from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Sanford C. Bernstein raised their price objective on shares of Oshkosh from $132.00 to $140.00 and gave the stock a “market perform” rating in a research note on Friday, December 19th. Finally, Wells Fargo & Company initiated coverage on Oshkosh in a research note on Thursday, November 13th. They set an “overweight” rating and a $144.00 target price on the stock.

Institutional Investors Weigh In On Oshkosh

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. American Century Companies Inc. grew its stake in Oshkosh by 22.8% in the 2nd quarter. American Century Companies Inc. now owns 2,858,787 shares of the company’s stock worth $324,587,000 after acquiring an additional 529,907 shares in the last quarter. LSV Asset Management grew its stake in Oshkosh by 1.7% in the third quarter. LSV Asset Management now owns 1,895,825 shares of the company’s stock worth $245,889,000 after purchasing an additional 31,401 shares in the last quarter. AQR Capital Management LLC raised its position in Oshkosh by 25.4% during the 2nd quarter. AQR Capital Management LLC now owns 1,709,338 shares of the company’s stock valued at $193,728,000 after purchasing an additional 345,782 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Oshkosh by 26.3% in the 3rd quarter. Invesco Ltd. now owns 1,476,969 shares of the company’s stock worth $191,563,000 after buying an additional 307,949 shares during the period. Finally, Bank of America Corp DE grew its position in shares of Oshkosh by 2.4% during the 2nd quarter. Bank of America Corp DE now owns 1,090,142 shares of the company’s stock worth $123,775,000 after buying an additional 25,125 shares in the last quarter. Institutional investors own 92.36% of the company’s stock.

Oshkosh Stock Down 0.7%

Shares of OSK opened at $152.33 on Monday. The business’s 50 day simple moving average is $131.39 and its 200-day simple moving average is $131.79. Oshkosh has a 1 year low of $76.82 and a 1 year high of $155.71. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.98 and a quick ratio of 0.99. The stock has a market capitalization of $9.63 billion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 2.06 and a beta of 1.41.

Oshkosh (NYSE:OSK) last released its quarterly earnings results on Wednesday, October 29th. The company reported $3.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.12 by $0.08. Oshkosh had a net margin of 6.43% and a return on equity of 16.60%. The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.84 billion. During the same quarter in the prior year, the firm earned $2.93 earnings per share. Oshkosh’s revenue was down 1.9% on a year-over-year basis. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. As a group, equities analysts expect that Oshkosh will post 10.96 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Monday, November 17th. Oshkosh’s dividend payout ratio (DPR) is 19.90%.

About Oshkosh

Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.