Krilogy Financial LLC Buys Shares of 3,651 Oshkosh Corporation $OSK

Krilogy Financial LLC purchased a new position in shares of Oshkosh Corporation (NYSE:OSK) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 3,651 shares of the company’s stock, valued at approximately $456,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Sivia Capital Partners LLC boosted its stake in Oshkosh by 2.8% in the third quarter. Sivia Capital Partners LLC now owns 2,946 shares of the company’s stock valued at $382,000 after acquiring an additional 81 shares during the last quarter. ProShare Advisors LLC lifted its stake in shares of Oshkosh by 3.1% in the 2nd quarter. ProShare Advisors LLC now owns 2,855 shares of the company’s stock valued at $324,000 after purchasing an additional 87 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Oshkosh by 6.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,763 shares of the company’s stock worth $200,000 after purchasing an additional 100 shares during the last quarter. First Business Financial Services Inc. grew its stake in shares of Oshkosh by 0.9% during the third quarter. First Business Financial Services Inc. now owns 11,845 shares of the company’s stock worth $1,536,000 after purchasing an additional 103 shares during the period. Finally, Whittier Trust Co. increased its holdings in Oshkosh by 69.1% in the second quarter. Whittier Trust Co. now owns 279 shares of the company’s stock valued at $32,000 after purchasing an additional 114 shares during the last quarter. 92.36% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on OSK shares. Morgan Stanley reduced their target price on Oshkosh from $155.00 to $144.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 3rd. JPMorgan Chase & Co. increased their price target on shares of Oshkosh from $145.00 to $155.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. Robert W. Baird set a $182.00 price objective on shares of Oshkosh in a research note on Friday, January 30th. DA Davidson upped their target price on shares of Oshkosh from $160.00 to $168.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Finally, Sanford C. Bernstein increased their target price on shares of Oshkosh from $132.00 to $140.00 and gave the stock a “market perform” rating in a report on Friday, December 19th. Twelve research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $159.60.

Oshkosh Stock Performance

Shares of OSK opened at $171.27 on Friday. The firm has a market cap of $10.83 billion, a P/E ratio of 17.09, a PEG ratio of 0.87 and a beta of 1.43. Oshkosh Corporation has a twelve month low of $76.82 and a twelve month high of $180.49. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.05 and a current ratio of 1.94. The firm’s 50 day moving average price is $144.87 and its two-hundred day moving average price is $136.57.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Thursday, January 29th. The company reported $2.26 EPS for the quarter, missing analysts’ consensus estimates of $2.33 by ($0.07). The company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.60 billion. Oshkosh had a return on equity of 15.69% and a net margin of 6.21%.The company’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.58 earnings per share. On average, analysts forecast that Oshkosh Corporation will post 10.96 EPS for the current fiscal year.

Oshkosh Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.3%. This is a positive change from Oshkosh’s previous quarterly dividend of $0.51. The ex-dividend date is Tuesday, February 17th. Oshkosh’s dividend payout ratio is presently 20.36%.

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.