5,750 Shares in Oshkosh Corporation $OSK Bought by Nierenberg Investment Management Company LLC

Nierenberg Investment Management Company LLC bought a new stake in shares of Oshkosh Corporation (NYSE:OSK) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 5,750 shares of the company’s stock, valued at approximately $882,510. Oshkosh comprises 0.0% of Nierenberg Investment Management Company LLC’s investment portfolio, making the stock its 23rd biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of OSK. Tower View Wealth Management LLC acquired a new position in shares of Oshkosh in the first quarter valued at about $29,000. Torren Management LLC acquired a new stake in Oshkosh in the 4th quarter worth about $30,000. Whittier Trust Co. grew its stake in Oshkosh by 33.7% during the 1st quarter. Whittier Trust Co. now owns 373 shares of the company’s stock valued at $55,000 after purchasing an additional 94 shares in the last quarter. Basepoint Wealth LLC bought a new stake in Oshkosh during the 4th quarter valued at $51,000. Finally, Global Retirement Partners LLC lifted its position in shares of Oshkosh by 284.9% in the 4th quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock valued at $51,000 after acquiring an additional 302 shares in the last quarter. 92.36% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

OSK has been the subject of a number of recent research reports. Zacks Research upgraded Oshkosh from a “strong sell” rating to a “hold” rating in a research report on Friday, August 21st. Evercore restated an “outperform” rating and issued a $181.00 price objective on shares of Oshkosh in a research report on Monday, May 11th. Barclays upped their price objective on shares of Oshkosh from $150.00 to $170.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Truist Financial lifted their price target on shares of Oshkosh from $176.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Finally, Wall Street Zen upgraded Oshkosh from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $170.71.

Oshkosh Stock Down 1.7%

Shares of NYSE OSK traded down $2.66 during mid-day trading on Friday, reaching $154.05. The company had a trading volume of 151,892 shares, compared to its average volume of 760,738. Oshkosh Corporation has a twelve month low of $116.77 and a twelve month high of $180.49. The stock has a market capitalization of $9.51 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 0.97 and a beta of 1.25. The stock’s 50 day moving average is $149.06 and its 200-day moving average is $148.10. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.96 and a current ratio of 1.72.

Oshkosh (NYSE:OSK) last released its earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.63 by $0.24. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.The firm had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter in the previous year, the business posted $3.41 EPS. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. As a group, equities analysts anticipate that Oshkosh Corporation will post 10.72 earnings per share for the current fiscal year.

Oshkosh Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were given a $0.57 dividend. The ex-dividend date was Thursday, August 13th. This represents a $2.28 dividend on an annualized basis and a yield of 1.5%. Oshkosh’s dividend payout ratio (DPR) is currently 26.09%.

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.