First Trust Advisors LP Has $189.96 Million Stake in Oshkosh Corporation $OSK

First Trust Advisors LP boosted its holdings in Oshkosh Corporation (NYSE:OSK) by 6.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,290,424 shares of the company’s stock after acquiring an additional 76,620 shares during the quarter. First Trust Advisors LP’s holdings in Oshkosh were worth $189,963,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans increased its stake in Oshkosh by 1,945.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company’s stock valued at $53,468,000 after buying an additional 404,788 shares during the last quarter. LSV Asset Management boosted its stake in shares of Oshkosh by 0.9% in the 4th quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock worth $240,427,000 after buying an additional 17,944 shares during the last quarter. Y Intercept Hong Kong Ltd grew its holdings in shares of Oshkosh by 84.7% in the first quarter. Y Intercept Hong Kong Ltd now owns 54,593 shares of the company’s stock valued at $8,037,000 after acquiring an additional 25,037 shares in the last quarter. Kingsview Wealth Management LLC bought a new position in shares of Oshkosh in the fourth quarter valued at approximately $7,432,000. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Oshkosh during the second quarter valued at approximately $325,000. Institutional investors and hedge funds own 92.36% of the company’s stock.

Insider Buying and Selling at Oshkosh

In other news, Director Duncan Palmer sold 505 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total value of $67,599.30. Following the sale, the director owned 39,684 shares of the company’s stock, valued at $5,312,100.24. The trade was a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by insiders.

Oshkosh Stock Up 1.7%

Shares of NYSE OSK opened at $148.90 on Thursday. Oshkosh Corporation has a one year low of $116.77 and a one year high of $180.49. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.63 and a quick ratio of 0.83. The business’s fifty day moving average price is $137.41 and its 200-day moving average price is $147.81. The stock has a market capitalization of $9.28 billion, a PE ratio of 16.58, a P/E/G ratio of 0.72 and a beta of 1.23.

Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.19). Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The firm had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same period last year, the business posted $1.92 EPS. The company’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, equities research analysts anticipate that Oshkosh Corporation will post 10.87 EPS for the current year.

Oshkosh Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were paid a $0.57 dividend. The ex-dividend date 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 presently 25.39%.

Analysts Set New Price Targets

OSK has been the topic of several research analyst reports. Evercore reissued an “outperform” rating and issued a $181.00 price objective on shares of Oshkosh in a research report on Monday, May 11th. Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Citigroup downgraded shares of Oshkosh from a “buy” rating to a “neutral” rating and cut their price target for the stock from $180.00 to $170.00 in a report on Monday, April 13th. JPMorgan Chase & Co. reduced their price target on shares of Oshkosh from $158.00 to $145.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Finally, Sanford C. Bernstein set a $138.00 price objective on shares of Oshkosh in a report on Thursday, April 9th. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $168.60.

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.