Blair William & Co. IL Has $1.81 Million Position in Oshkosh Co. (NYSE:OSK)

Blair William & Co. IL cut its position in Oshkosh Co. (NYSE:OSK) by 1.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,722 shares of the company’s stock after selling 241 shares during the quarter. Blair William & Co. IL’s holdings in Oshkosh were worth $1,809,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Atlas Capital Advisors LLC grew its stake in shares of Oshkosh by 161.6% in the first quarter. Atlas Capital Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 139 shares in the last quarter. Headlands Technologies LLC acquired a new position in Oshkosh in the first quarter valued at about $31,000. Rise Advisors LLC lifted its holdings in shares of Oshkosh by 215.5% during the 1st quarter. Rise Advisors LLC now owns 265 shares of the company’s stock worth $33,000 after acquiring an additional 181 shares during the period. Bessemer Group Inc. lifted its stake in Oshkosh by 280.6% during the first quarter. Bessemer Group Inc. now owns 392 shares of the company’s stock worth $49,000 after purchasing an additional 289 shares during the last quarter. Finally, Versant Capital Management Inc increased its stake in shares of Oshkosh by 5,563.6% in the 2nd quarter. Versant Capital Management Inc now owns 623 shares of the company’s stock valued at $67,000 after purchasing an additional 612 shares during the last quarter. Institutional investors own 92.36% of the company’s stock.

Oshkosh Price Performance

Shares of NYSE OSK opened at $101.58 on Tuesday. Oshkosh Co. has a twelve month low of $86.10 and a twelve month high of $127.98. The company has a 50 day moving average of $104.40 and a 200 day moving average of $111.17. The company has a quick ratio of 0.81, a current ratio of 1.44 and a debt-to-equity ratio of 0.15. The firm has a market cap of $6.64 billion, a P/E ratio of 9.72, a PEG ratio of 0.97 and a beta of 1.19.

Oshkosh (NYSE:OSK) last released its quarterly earnings results on Wednesday, July 31st. The company reported $3.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.00 by $0.34. The firm had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.78 billion. Oshkosh had a return on equity of 20.83% and a net margin of 6.58%. The company’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period last year, the business posted $2.69 EPS. As a group, research analysts expect that Oshkosh Co. will post 11.7 EPS for the current fiscal year.

Oshkosh Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend was Friday, August 16th. Oshkosh’s dividend payout ratio (DPR) is 17.61%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. dropped their price target on Oshkosh from $130.00 to $120.00 and set a “neutral” rating for the company in a research note on Wednesday, July 10th. Bank of America raised their price objective on Oshkosh from $108.00 to $112.00 and gave the company an “underperform” rating in a research note on Tuesday, May 28th. Truist Financial raised their price target on shares of Oshkosh from $123.00 to $126.00 and gave the company a “hold” rating in a research report on Thursday, August 1st. Raymond James began coverage on shares of Oshkosh in a report on Friday, June 28th. They set an “outperform” rating and a $125.00 price objective on the stock. Finally, Stifel Nicolaus reduced their target price on Oshkosh from $140.00 to $135.00 and set a “buy” rating for the company in a report on Thursday, August 1st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Oshkosh has an average rating of “Hold” and an average price target of $125.79.

Oshkosh Profile

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.