5,270 Shares in Oshkosh Co. (NYSE:OSK) Acquired by Everpar Advisors LLC

Everpar Advisors LLC bought a new position in Oshkosh Co. (NYSE:OSK) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,270 shares of the company’s stock, valued at approximately $571,000.

A number of other institutional investors have also recently modified their holdings of the stock. BluePath Capital Management LLC purchased a new stake in shares of Oshkosh during the third quarter valued at approximately $32,000. Venturi Wealth Management LLC increased its holdings in Oshkosh by 53.6% in the 4th quarter. Venturi Wealth Management LLC now owns 318 shares of the company’s stock worth $34,000 after buying an additional 111 shares in the last quarter. GAMMA Investing LLC purchased a new position in Oshkosh in the 4th quarter worth about $42,000. International Assets Investment Management LLC lifted its stake in Oshkosh by 10,744.4% during the 4th quarter. International Assets Investment Management LLC now owns 976 shares of the company’s stock valued at $106,000 after acquiring an additional 967 shares during the period. Finally, Olympiad Research LP purchased a new stake in shares of Oshkosh during the 3rd quarter valued at about $206,000. 92.36% of the stock is owned by hedge funds and other institutional investors.

Oshkosh Price Performance

Shares of NYSE:OSK traded up $0.03 during midday trading on Tuesday, reaching $116.48. 425,222 shares of the company were exchanged, compared to its average volume of 506,315. The stock has a market cap of $7.62 billion, a PE ratio of 11.14, a price-to-earnings-growth ratio of 1.20 and a beta of 1.30. The business’s fifty day moving average is $118.21 and its two-hundred day moving average is $108.12. Oshkosh Co. has a one year low of $72.09 and a one year high of $127.98. The company has a current ratio of 1.43, a quick ratio of 0.76 and a debt-to-equity ratio of 0.16.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Thursday, April 25th. The company reported $2.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.63. Oshkosh had a return on equity of 20.39% and a net margin of 6.93%. The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.49 billion. During the same period in the prior year, the firm earned $1.59 EPS. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. As a group, analysts predict that Oshkosh Co. will post 11.16 earnings per share for the current year.

Oshkosh Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Monday, May 13th will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.58%. The ex-dividend date is Friday, May 10th. Oshkosh’s payout ratio is 17.61%.

Insider Buying and Selling at Oshkosh

In related news, SVP Anupam Khare sold 4,234 shares of the company’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $111.38, for a total transaction of $471,582.92. Following the transaction, the senior vice president now directly owns 13,499 shares in the company, valued at approximately $1,503,518.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.58% of the company’s stock.

Wall Street Analysts Forecast Growth

OSK has been the topic of a number of research analyst reports. UBS Group increased their price objective on shares of Oshkosh from $117.00 to $129.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. The Goldman Sachs Group lifted their price objective on Oshkosh from $104.00 to $116.00 and gave the stock a “neutral” rating in a report on Wednesday, January 31st. Truist Financial increased their target price on Oshkosh from $121.00 to $132.00 and gave the company a “hold” rating in a report on Friday, April 26th. Stifel Nicolaus boosted their price target on Oshkosh from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Finally, Robert W. Baird increased their price objective on shares of Oshkosh from $140.00 to $158.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, Oshkosh has an average rating of “Moderate Buy” and a consensus target price of $123.50.

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.