Oshkosh Corporation (NYSE:OSK) Given Average Rating of “Moderate Buy” by Analysts

Oshkosh Corporation (NYSE:OSK) has received an average recommendation of “Moderate Buy” from the seventeen ratings firms that are covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $168.60.

Several equities research analysts recently commented on the company. Citigroup cut Oshkosh from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $180.00 to $170.00 in a research note on Monday, April 13th. Truist Financial boosted their price target on Oshkosh from $176.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Robert W. Baird cut their price target on Oshkosh from $175.00 to $172.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. Evercore reaffirmed an “outperform” rating and set a $181.00 price objective on shares of Oshkosh in a research report on Monday, May 11th. Finally, Wall Street Zen lowered shares of Oshkosh from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th.

Oshkosh Price Performance

Shares of NYSE OSK opened at $146.69 on Monday. The company has a market capitalization of $9.15 billion, a PE ratio of 16.33, a P/E/G ratio of 0.71 and a beta of 1.23. The company has a quick ratio of 0.83, a current ratio of 1.63 and a debt-to-equity ratio of 0.13. Oshkosh has a twelve month low of $116.77 and a twelve month high of $180.49. The firm has a fifty day simple moving average of $137.11 and a 200 day simple moving average of $146.85.

Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The firm had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period last year, the company posted $1.92 EPS. The business’s revenue was up .2% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, sell-side analysts forecast that Oshkosh will post 11.01 EPS for the current year.

Oshkosh Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th were issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, May 26th. Oshkosh’s dividend payout ratio (DPR) is presently 25.39%.

Insiders Place Their Bets

In other news, Director Duncan Palmer sold 505 shares of the company’s stock in a transaction dated 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 owned 39,684 shares in the company, valued at approximately $5,312,100.24. This represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.64% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in OSK. Wedge Capital Management L L P NC grew its stake in Oshkosh by 31.1% in the second quarter. Wedge Capital Management L L P NC now owns 100,875 shares of the company’s stock valued at $15,482,000 after acquiring an additional 23,929 shares during the period. Annex Advisory Services LLC raised its position in shares of Oshkosh by 2.8% during the second quarter. Annex Advisory Services LLC now owns 2,967 shares of the company’s stock worth $455,000 after purchasing an additional 80 shares during the period. Wasatch Advisors LP raised its position in shares of Oshkosh by 12.6% during the second quarter. Wasatch Advisors LP now owns 293,645 shares of the company’s stock worth $45,069,000 after purchasing an additional 32,959 shares during the period. Hennion & Walsh Asset Management Inc. bought a new position in shares of Oshkosh in the 2nd quarter worth $256,000. Finally, Polianta Ltd bought a new position in shares of Oshkosh in the 2nd quarter worth $2,010,000. 92.36% of the stock is owned by institutional investors and hedge funds.

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.