Truist Financial Reaffirms “Hold” Rating for Oshkosh (NYSE:OSK)

Oshkosh (NYSE:OSK)‘s stock had its “hold” rating reiterated by investment analysts at Truist Financial in a research note issued on Monday,Benzinga reports. They currently have a $176.00 target price on the stock, down from their prior target price of $183.00. Truist Financial’s price objective points to a potential upside of 25.12% from the company’s current price.

A number of other equities research analysts have also recently weighed in on OSK. Evercore restated an “outperform” rating and set a $181.00 price objective on shares of Oshkosh in a research note on Monday. Sanford C. Bernstein set a $138.00 price objective on shares of Oshkosh in a research note on Thursday, April 9th. JPMorgan Chase & Co. cut their price objective on shares of Oshkosh from $182.00 to $158.00 and set a “neutral” rating on the stock in a research note on Friday, April 10th. Zacks Research upgraded shares of Oshkosh from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. Finally, Wells Fargo & Company lifted their price objective on shares of Oshkosh from $168.00 to $204.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Eleven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $166.63.

Oshkosh Stock Performance

Shares of NYSE OSK traded up $2.69 during midday trading on Monday, reaching $140.66. 309,234 shares of the company traded hands, compared to its average volume of 743,607. Oshkosh has a 52 week low of $96.03 and a 52 week high of $180.49. The stock has a 50-day moving average price of $151.80 and a 200 day moving average price of $144.33. 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 company has a market cap of $8.81 billion, a price-to-earnings ratio of 15.67, a PEG ratio of 0.71 and a beta of 1.33.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Friday, May 8th. The company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the prior year, the firm earned $1.92 earnings per share. Oshkosh’s revenue for the quarter was up .2% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Sell-side analysts anticipate that Oshkosh will post 11.14 earnings per share for the current fiscal year.

Insider Transactions at Oshkosh

In related news, SVP Anupam Khare sold 4,000 shares of Oshkosh stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $169.07, for a total transaction of $676,280.00. Following the transaction, the senior vice president directly owned 13,577 shares of the company’s stock, valued at $2,295,463.39. The trade was a 22.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.64% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Abich Financial Wealth Management LLC acquired a new position in Oshkosh during the third quarter worth about $29,000. Tower View Wealth Management LLC purchased a new position in Oshkosh in the 1st quarter worth about $29,000. Torren Management LLC purchased a new position in Oshkosh in the 4th quarter worth about $30,000. Quent Capital LLC purchased a new position in Oshkosh in the 3rd quarter worth about $35,000. Finally, Root Financial Partners LLC purchased a new position in Oshkosh in the 3rd quarter worth about $35,000. 92.36% of the stock is owned by institutional investors and hedge funds.

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.