International Assets Investment Management LLC Purchases 893 Shares of Oshkosh Co. (NYSE:OSK)

International Assets Investment Management LLC grew its position in shares of Oshkosh Co. (NYSE:OSK) by 9,922.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 902 shares of the company’s stock after buying an additional 893 shares during the quarter. International Assets Investment Management LLC’s holdings in Oshkosh were worth $90,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC purchased a new position in shares of Oshkosh in the third quarter worth $25,000. Headlands Technologies LLC purchased a new stake in Oshkosh in the first quarter worth approximately $31,000. Bessemer Group Inc. grew its position in Oshkosh by 280.6% in the 1st quarter. Bessemer Group Inc. now owns 392 shares of the company’s stock worth $49,000 after purchasing an additional 289 shares during the period. Versant Capital Management Inc raised its stake in Oshkosh by 5,563.6% during the 2nd quarter. Versant Capital Management Inc now owns 623 shares of the company’s stock valued at $67,000 after buying an additional 612 shares during the last quarter. Finally, Eagle Bay Advisors LLC lifted its holdings in shares of Oshkosh by 547.6% during the 2nd quarter. Eagle Bay Advisors LLC now owns 667 shares of the company’s stock valued at $72,000 after buying an additional 564 shares during the period. Institutional investors own 92.36% of the company’s stock.

Oshkosh Stock Performance

Shares of NYSE OSK opened at $112.26 on Friday. The firm’s fifty day moving average is $102.91 and its two-hundred day moving average is $107.43. Oshkosh Co. has a 52-week low of $90.56 and a 52-week high of $127.98. The company has a market cap of $7.30 billion, a P/E ratio of 10.90, a P/E/G ratio of 1.01 and a beta of 1.18. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.79 and a current ratio of 1.46.

Oshkosh (NYSE:OSK) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $0.06. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. The company had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.63 billion. As a group, analysts anticipate that Oshkosh Co. will post 11.38 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a dividend of $0.46 per share. The ex-dividend date is Friday, November 15th. This represents a $1.84 annualized dividend and a yield of 1.64%. Oshkosh’s payout ratio is 17.86%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on OSK shares. Evercore ISI lowered their target price on Oshkosh from $137.00 to $119.00 and set an “outperform” rating on the stock in a report on Monday, August 19th. Jefferies Financial Group lowered their price objective on shares of Oshkosh from $135.00 to $105.00 and set a “hold” rating on the stock in a research note on Thursday, July 11th. JPMorgan Chase & Co. boosted their target price on shares of Oshkosh from $120.00 to $125.00 and gave the company a “neutral” rating in a research report on Monday, October 14th. Truist Financial dropped their price target on shares of Oshkosh from $126.00 to $114.00 and set a “hold” rating on the stock in a research note on Wednesday, October 9th. Finally, Stifel Nicolaus reduced their price objective on Oshkosh from $140.00 to $135.00 and set a “buy” rating for the company in a research note on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $123.14.

Oshkosh Company 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.