Bull Harbor Capital LLC Invests $531,000 in Oshkosh Corporation $OSK

Bull Harbor Capital LLC acquired a new position in Oshkosh Corporation (NYSE:OSK) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 3,608 shares of the company’s stock, valued at approximately $531,000.

Several other large investors have also recently added to or reduced their stakes in OSK. Thrivent Financial for Lutherans grew its stake in shares of Oshkosh by 1,945.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company’s stock worth $53,468,000 after purchasing an additional 404,788 shares in the last quarter. LSV Asset Management raised its stake in shares of Oshkosh by 0.9% during the fourth quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock valued at $240,427,000 after purchasing an additional 17,944 shares in the last quarter. Kingsview Wealth Management LLC bought a new stake in shares of Oshkosh during the fourth quarter valued at about $7,432,000. Norges Bank acquired a new stake in Oshkosh in the fourth quarter worth about $127,907,000. Finally, Y Intercept Hong Kong Ltd lifted its holdings in Oshkosh by 84.7% in the first quarter. Y Intercept Hong Kong Ltd now owns 54,593 shares of the company’s stock worth $8,037,000 after purchasing an additional 25,037 shares during the period. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Trading Down 0.1%

Shares of OSK stock opened at $142.78 on Friday. The stock has a 50-day simple moving average of $140.88 and a 200 day simple moving average of $148.10. Oshkosh Corporation has a fifty-two week low of $116.77 and a fifty-two week high of $180.49. The stock has a market capitalization of $8.82 billion, a P/E ratio of 16.34, a P/E/G ratio of 0.88 and a beta of 1.23. The company has a quick ratio of 0.83, a current ratio of 1.72 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK) last released its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.24. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.The firm had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same period in the previous year, the company earned $3.41 earnings per share. Oshkosh’s revenue was up 6.7% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. On average, sell-side analysts expect that Oshkosh Corporation will post 10.71 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a $0.57 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $2.28 annualized dividend and a dividend yield of 1.6%. Oshkosh’s payout ratio is currently 26.09%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of Oshkosh from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Wednesday. Truist Financial boosted their price target on shares of Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Weiss Ratings raised shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Morgan Stanley decreased their price objective on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a report on Tuesday, May 12th. Finally, Citigroup cut Oshkosh from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $180.00 to $170.00 in a report on Monday, April 13th. Eleven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $171.33.

Insider Activity at Oshkosh

In related news, Director Duncan Palmer sold 505 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total value of $67,599.30. Following the sale, the director directly owned 39,684 shares in the company, valued at $5,312,100.24. The trade was a 1.26% decrease in their position. The transaction was disclosed in a document filed 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.

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.