Capstone Asset Management Co. cut its stake in shares of Oshkosh Corp. (NYSE:OSK) by 10.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,172 shares of the company’s stock after selling 970 shares during the period. Capstone Asset Management Co.’s holdings in Oshkosh Corp. were worth $390,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of OSK. Prudential Financial Inc. increased its position in shares of Oshkosh Corp. by 3.6% in the first quarter. Prudential Financial Inc. now owns 360,422 shares of the company’s stock valued at $14,731,000 after buying an additional 12,499 shares during the period. BlackRock Group LTD increased its position in shares of Oshkosh Corp. by 22.7% in the first quarter. BlackRock Group LTD now owns 62,747 shares of the company’s stock valued at $2,565,000 after buying an additional 11,625 shares during the period. TIAA CREF Investment Management LLC increased its position in shares of Oshkosh Corp. by 25.5% in the first quarter. TIAA CREF Investment Management LLC now owns 139,338 shares of the company’s stock valued at $5,695,000 after buying an additional 28,303 shares during the period. Canada Pension Plan Investment Board increased its position in shares of Oshkosh Corp. by 34.7% in the first quarter. Canada Pension Plan Investment Board now owns 126,286 shares of the company’s stock valued at $5,161,000 after buying an additional 32,500 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of Oshkosh Corp. by 128.5% in the first quarter. JPMorgan Chase & Co. now owns 84,426 shares of the company’s stock valued at $3,449,000 after buying an additional 47,484 shares during the period. Institutional investors own 95.60% of the company’s stock.

Oshkosh Corp. (NYSE:OSK) traded down 0.48% during trading on Friday, reaching $55.90. 908,865 shares of the company’s stock were exchanged. Oshkosh Corp. has a 1-year low of $29.59 and a 1-year high of $56.67. The company has a market capitalization of $4.11 billion, a PE ratio of 20.50 and a beta of 1.98. The company’s 50-day moving average is $53.58 and its 200-day moving average is $45.71.

Oshkosh Corp. (NYSE:OSK) last posted its quarterly earnings data on Thursday, July 28th. The company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.13. Oshkosh Corp. had a net margin of 3.36% and a return on equity of 11.02%. The firm earned $1.75 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter last year, the business posted $1.13 EPS. The company’s revenue was up 8.4% on a year-over-year basis. Equities research analysts expect that Oshkosh Corp. will post $2.78 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, August 29th. Shareholders of record on Monday, August 15th were paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend was Thursday, August 11th. Oshkosh Corp.’s dividend payout ratio (DPR) is currently 27.94%.

OSK has been the subject of several analyst reports. Zacks Investment Research downgraded Oshkosh Corp. from a “buy” rating to a “hold” rating in a report on Thursday, July 14th. Deutsche Bank AG initiated coverage on Oshkosh Corp. in a report on Tuesday, September 6th. They issued a “buy” rating and a $62.00 price target for the company. Stifel Nicolaus boosted their price target on Oshkosh Corp. from $53.00 to $63.00 and gave the company a “buy” rating in a report on Friday, July 29th. Jefferies Group boosted their price target on Oshkosh Corp. from $53.00 to $65.00 and gave the company a “buy” rating in a report on Friday, July 15th. Finally, Macquarie started coverage on Oshkosh Corp. in a report on Monday, May 23rd. They issued a “neutral” rating for the company. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $50.13.

In other Oshkosh Corp. news, VP Robert S. Messina sold 2,500 shares of Oshkosh Corp. stock in a transaction on Friday, August 19th. The shares were sold at an average price of $54.18, for a total transaction of $135,450.00. Following the completion of the sale, the vice president now owns 9,063 shares of the company’s stock, valued at approximately $491,033.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP R Scott Grennier sold 6,430 shares of Oshkosh Corp. stock in a transaction on Tuesday, August 2nd. The shares were sold at an average price of $54.12, for a total transaction of $347,991.60. Following the sale, the vice president now directly owns 14,366 shares of the company’s stock, valued at approximately $777,487.92. The disclosure for this sale can be found here. Company insiders own 3.10% of the company’s stock.

Oshkosh Corp. Company Profile

Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.

5 Day Chart for NYSE:OSK

Want to see what other hedge funds are holding OSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oshkosh Corp. (NYSE:OSK).

Receive News & Ratings for Oshkosh Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oshkosh Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.