Analysts Set Oshkosh Corporation (NYSE:OSK) Target Price at $171.33

Shares of Oshkosh Corporation (NYSE:OSK) have earned an average rating of “Moderate Buy” from the seventeen ratings firms that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $170.7143.

Several research firms recently commented on OSK. Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. JPMorgan Chase & Co. upped their target price on Oshkosh from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Morgan Stanley decreased their price target on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 12th. Zacks Research raised shares of Oshkosh from a “strong sell” rating to a “hold” rating in a report on Friday, August 21st. Finally, Truist Financial raised their price objective on shares of Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd.

Oshkosh Price Performance

OSK stock opened at $156.93 on Tuesday. 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 has a 1 year low of $116.77 and a 1 year high of $180.49. The stock has a 50-day simple moving average of $149.06 and a 200-day simple moving average of $148.10. The firm has a market cap of $9.69 billion, a P/E ratio of 17.96, a price-to-earnings-growth ratio of 0.97 and a beta of 1.25.

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

Oshkosh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were paid a dividend of $0.57 per share. The ex-dividend date was Thursday, August 13th. This represents a $2.28 annualized dividend and a yield of 1.5%. Oshkosh’s dividend payout ratio is 26.09%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OSK. Corient Private Wealth LP boosted its holdings in Oshkosh by 9.6% during the second quarter. Corient Private Wealth LP now owns 46,342 shares of the company’s stock worth $7,113,000 after buying an additional 4,044 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Oshkosh by 11.2% during the 2nd quarter. HighTower Advisors LLC now owns 127,908 shares of the company’s stock valued at $19,631,000 after acquiring an additional 12,872 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Oshkosh during the 2nd quarter valued at $3,392,000. California State Teachers Retirement System lifted its position in shares of Oshkosh by 14,953.3% during the 2nd quarter. California State Teachers Retirement System now owns 11,162,447 shares of the company’s stock valued at $1,713,212,000 after acquiring an additional 11,088,294 shares during the last quarter. Finally, Ameritas Advisory Services LLC boosted its stake in shares of Oshkosh by 87.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 3,994 shares of the company’s stock worth $613,000 after acquiring an additional 1,862 shares in the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

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.