Oshkosh Corporation $OSK Shares Sold by Skylands Capital LLC

Skylands Capital LLC cut its position in Oshkosh Corporation (NYSE:OSK) by 3.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,379 shares of the company’s stock after selling 4,721 shares during the quarter. Oshkosh comprises approximately 2.6% of Skylands Capital LLC’s holdings, making the stock its 8th biggest position. Skylands Capital LLC owned approximately 0.21% of Oshkosh worth $19,782,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Tower View Wealth Management LLC bought a new position in shares of Oshkosh in the 1st quarter valued at about $29,000. Torren Management LLC acquired a new position in shares of Oshkosh during the 4th quarter worth about $30,000. V Square Quantitative Management LLC bought a new stake in shares of Oshkosh in the 4th quarter valued at about $44,000. Lodestone Wealth Management LLC acquired a new stake in Oshkosh in the 4th quarter valued at about $47,000. Finally, Basepoint Wealth LLC acquired a new stake in Oshkosh in the 4th quarter valued at about $51,000. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on OSK shares. Wall Street Zen downgraded Oshkosh from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. UBS Group raised their price objective on Oshkosh from $167.00 to $197.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Truist Financial reissued a “hold” rating and set a $176.00 target price (down from $183.00) on shares of Oshkosh in a report on Monday, May 11th. Citigroup cut Oshkosh from a “buy” rating to a “neutral” rating and dropped their price target for the company from $180.00 to $170.00 in a research note on Monday, April 13th. Finally, Sanford C. Bernstein set a $138.00 price objective on shares of Oshkosh in a research report on Thursday, April 9th. Ten equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Oshkosh currently has an average rating of “Moderate Buy” and an average price target of $165.38.

Oshkosh Price Performance

OSK stock opened at $151.30 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.63 and a debt-to-equity ratio of 0.13. The firm has a market cap of $9.43 billion, a price-to-earnings ratio of 16.85, a PEG ratio of 0.74 and a beta of 1.26. The company’s fifty day simple moving average is $137.90 and its 200 day simple moving average is $145.65. Oshkosh Corporation has a 12-month low of $112.59 and a 12-month high of $180.49.

Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same quarter in the previous year, the business posted $1.92 earnings per share. The business’s revenue was up .2% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, analysts expect that Oshkosh Corporation will post 11 earnings per share for the current year.

Oshkosh Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were given a dividend of $0.57 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $2.28 annualized dividend and a dividend yield of 1.5%. Oshkosh’s dividend payout ratio (DPR) is 25.39%.

Insider Buying and Selling at Oshkosh

In related news, Director Duncan Palmer sold 505 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total transaction of $67,599.30. Following the transaction, the director directly owned 39,684 shares of the company’s stock, valued at $5,312,100.24. This represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by corporate insiders.

Oshkosh Company Profile

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.