Oshkosh (NYSE:OSK) Releases Earnings Results, Beats Expectations By $0.26 EPS

Oshkosh (NYSE:OSK) announced its quarterly earnings results on Tuesday. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.61 by $0.26, Briefing.com reports. The company had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.79 billion. Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.Oshkosh’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period last year, the business earned $3.41 earnings per share. Oshkosh updated its FY 2026 guidance to 11.000-11.000 EPS.

Oshkosh Stock Up 0.7%

OSK stock opened at $156.04 on Tuesday. Oshkosh has a twelve month low of $116.77 and a twelve month high of $180.49. The stock has a market cap of $9.73 billion, a P/E ratio of 17.44, a PEG ratio of 0.77 and a beta of 1.23. The company has a current ratio of 1.63, a quick ratio of 0.83 and a debt-to-equity ratio of 0.13. The company’s 50 day moving average is $139.28 and its two-hundred day moving average is $148.14.

Oshkosh Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th were paid a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, May 26th. Oshkosh’s dividend payout ratio is currently 25.39%.

Insider Activity

In related news, Director Duncan Palmer sold 505 shares of the firm’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 transaction of $67,599.30. Following the transaction, the director owned 39,684 shares in the company, valued at $5,312,100.24. This trade represents a 1.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC grew its stake 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 valued at $200,000 after purchasing an additional 100 shares during the last quarter. Jump Financial LLC increased its stake in shares of Oshkosh by 6.1% during the 4th quarter. Jump Financial LLC now owns 2,200 shares of the company’s stock worth $276,000 after purchasing an additional 127 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Oshkosh by 30.8% in the second quarter. Geneos Wealth Management Inc. now owns 594 shares of the company’s stock worth $67,000 after acquiring an additional 140 shares during the last quarter. UMB Bank n.a. raised its stake in Oshkosh by 20.9% in the 4th quarter. UMB Bank n.a. now owns 820 shares of the company’s stock valued at $103,000 after purchasing an additional 142 shares during the last quarter. Finally, Focus Partners Wealth lifted its stake in shares of Oshkosh by 4.4% during the third quarter. Focus Partners Wealth now owns 6,836 shares of the company’s stock valued at $887,000 after buying an additional 285 shares during the period. 92.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on OSK. Citigroup lowered shares of Oshkosh from a “buy” rating to a “neutral” rating and dropped their target price for the company from $180.00 to $170.00 in a research report on Monday, April 13th. JPMorgan Chase & Co. reduced their price target on Oshkosh from $158.00 to $145.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Truist Financial boosted their target price on Oshkosh from $176.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Finally, Zacks Research lowered Oshkosh from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 23rd. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $168.60.

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.