Oshkosh (NYSE:OSK) Price Target Raised to $180.00

Oshkosh (NYSE:OSK) had its price target upped by Robert W. Baird from $172.00 to $180.00 in a research report report published on Wednesday morning, Marketbeat Ratings reports. They currently have an outperform rating on the stock.

A number of other research firms also recently weighed in on OSK. Sanford C. Bernstein set a $138.00 target price on shares of Oshkosh in a research report on Thursday, April 9th. Evercore reaffirmed an “outperform” rating and issued a $181.00 price target on shares of Oshkosh in a report on Monday, May 11th. Zacks Research downgraded Oshkosh from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. reduced their price objective on Oshkosh from $158.00 to $145.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Finally, Wall Street Zen downgraded Oshkosh from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Eleven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $171.33.

Oshkosh Price Performance

OSK opened at $142.78 on Wednesday. The firm has a market cap of $8.82 billion, a P/E ratio of 16.34, a PEG ratio of 0.88 and a beta of 1.23. The firm has a 50-day moving average of $140.88 and a 200 day moving average of $148.10. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.72. Oshkosh has a fifty-two week low of $116.77 and a fifty-two week high of $180.49.

Oshkosh (NYSE:OSK) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.24. The business had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.80 billion. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the company posted $3.41 earnings per share. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. On average, research analysts expect that Oshkosh will post 10.71 EPS for the current year.

Oshkosh Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be given a $0.57 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $2.28 annualized dividend and a dividend yield of 1.6%. Oshkosh’s payout ratio is 26.09%.

Insider Activity at Oshkosh

In related news, Director Duncan Palmer sold 505 shares of the company’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 transaction of $67,599.30. Following the sale, the director directly owned 39,684 shares in the company, valued at approximately $5,312,100.24. This represents a 1.26% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.64% of the company’s stock.

Institutional Investors Weigh In On Oshkosh

A number of hedge funds and other institutional investors have recently bought and sold shares of OSK. Tower View Wealth Management LLC bought a new position in shares of Oshkosh in the first quarter worth $29,000. Torren Management LLC bought a new stake in shares of Oshkosh during the 4th quarter valued at $30,000. V Square Quantitative Management LLC bought a new stake in shares of Oshkosh during the 4th quarter valued at $44,000. Lodestone Wealth Management LLC purchased a new stake in Oshkosh during the 4th quarter worth about $47,000. Finally, Basepoint Wealth LLC purchased a new stake in Oshkosh during the 4th quarter worth about $51,000. Institutional investors own 92.36% of the company’s stock.

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.