Dynamic Technology Lab Private Ltd Sells 9,418 Shares of Oshkosh Corporation $OSK

Dynamic Technology Lab Private Ltd trimmed its position in Oshkosh Corporation (NYSE:OSK) by 41.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,552 shares of the company’s stock after selling 9,418 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Oshkosh were worth $1,703,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Abich Financial Wealth Management LLC bought a new stake in Oshkosh in the 3rd quarter valued at about $29,000. Torren Management LLC bought a new stake in Oshkosh in the 4th quarter valued at about $30,000. V Square Quantitative Management LLC bought a new stake in Oshkosh in the 4th quarter valued at about $44,000. Lodestone Wealth Management LLC acquired a new position in Oshkosh during the 4th quarter valued at about $47,000. Finally, Basepoint Wealth LLC acquired a new position in Oshkosh during the 4th quarter valued at about $51,000. 92.36% of the stock is owned by institutional investors.

Insider Buying and Selling at Oshkosh

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on OSK shares. Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, May 26th. Truist Financial reiterated a “hold” rating and set a $176.00 price target (down from $183.00) on shares of Oshkosh in a research note on Monday, May 11th. Citigroup downgraded Oshkosh from a “buy” rating to a “neutral” rating and cut their price target for the company from $180.00 to $170.00 in a research note on Monday, April 13th. Sanford C. Bernstein set a $138.00 price target on Oshkosh in a research note on Thursday, April 9th. Finally, Evercore reiterated an “outperform” rating and set a $181.00 price target on shares of Oshkosh in a research note on Monday, May 11th. Eleven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $165.38.

Oshkosh Price Performance

Shares of NYSE OSK opened at $135.10 on Friday. Oshkosh Corporation has a twelve month low of $106.37 and a twelve month high of $180.49. The stock’s 50 day moving average price is $139.43 and its 200-day moving average price is $144.63. The company has a market capitalization of $8.42 billion, a PE ratio of 15.04, a PEG ratio of 0.65 and a beta of 1.26. The company has a quick ratio of 0.83, a current ratio of 1.63 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK) last announced its earnings results 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 return on equity of 13.90% and a net margin of 5.54%.The business had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter in the previous year, the firm earned $1.92 EPS. Oshkosh’s quarterly revenue was up .2% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, equities analysts anticipate that Oshkosh Corporation will post 11 EPS for the current year.

Oshkosh Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, May 26th. Oshkosh’s payout ratio is presently 25.39%.

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.