Impact Partnership Wealth LLC Invests $490,000 in Oshkosh Corporation $OSK

Impact Partnership Wealth LLC bought a new position in shares of Oshkosh Corporation (NYSE:OSK) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 3,901 shares of the company’s stock, valued at approximately $490,000.

A number of other hedge funds also recently made changes to their positions in the business. LSV Asset Management raised its stake in shares of Oshkosh by 0.9% during the 4th quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock worth $240,427,000 after purchasing an additional 17,944 shares during the period. AQR Capital Management LLC raised its stake in shares of Oshkosh by 25.4% during the 2nd quarter. AQR Capital Management LLC now owns 1,709,338 shares of the company’s stock worth $193,728,000 after purchasing an additional 345,782 shares during the period. Invesco Ltd. raised its stake in shares of Oshkosh by 26.3% during the 3rd quarter. Invesco Ltd. now owns 1,476,969 shares of the company’s stock worth $191,563,000 after purchasing an additional 307,949 shares during the period. Bank of America Corp DE raised its stake in shares of Oshkosh by 2.4% during the 2nd quarter. Bank of America Corp DE now owns 1,090,142 shares of the company’s stock worth $123,775,000 after purchasing an additional 25,125 shares during the period. Finally, Norges Bank bought a new stake in shares of Oshkosh during the 4th quarter worth $127,907,000. 92.36% of the stock is currently owned by institutional investors.

Oshkosh Trading Up 0.4%

Shares of Oshkosh stock opened at $130.20 on Friday. Oshkosh Corporation has a 52-week low of $97.28 and a 52-week high of $180.49. The stock’s 50-day simple moving average is $141.92 and its 200 day simple moving average is $144.01. The stock has a market capitalization of $8.12 billion, a P/E ratio of 14.50, a P/E/G ratio of 0.64 and a beta of 1.33. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.63.

Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.85 earnings per share (EPS) 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 firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the prior year, the firm posted $1.92 earnings per share. The company’s revenue was up .2% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. As a group, research analysts anticipate that Oshkosh Corporation will post 11 EPS for the current year.

Oshkosh Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, May 26th. Oshkosh’s payout ratio is currently 25.39%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. UBS Group lifted their target price on Oshkosh from $167.00 to $197.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Zacks Research upgraded Oshkosh from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. Evercore reiterated an “outperform” rating and set a $181.00 target price on shares of Oshkosh in a research note on Monday, May 11th. Bank of America upgraded Oshkosh from an “underperform” rating to a “neutral” rating and set a $149.00 target price on the stock in a research note on Tuesday, February 3rd. Finally, Raymond James Financial restated an “outperform” rating and issued a $175.00 price objective on shares of Oshkosh in a research note on Monday, March 2nd. Eleven analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $165.38.

Insiders Place Their Bets

In other Oshkosh news, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total transaction of $67,599.30. Following the completion of the transaction, the director owned 39,684 shares of the company’s stock, valued at $5,312,100.24. The trade was a 1.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by insiders.

Oshkosh 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.