Krilogy Financial LLC Buys New Shares in Oshkosh Corporation $OSK

Krilogy Financial LLC purchased a new stake in shares of Oshkosh Corporation (NYSE:OSK) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,651 shares of the company’s stock, valued at approximately $456,000.

Other hedge funds also recently modified their holdings of the company. Harbor Capital Advisors Inc. bought a new stake in shares of Oshkosh during the third quarter valued at approximately $26,000. Blue Trust Inc. boosted its stake in Oshkosh by 471.1% during the third quarter. Blue Trust Inc. now owns 217 shares of the company’s stock worth $28,000 after buying an additional 179 shares in the last quarter. SJS Investment Consulting Inc. boosted its stake in Oshkosh by 3,014.3% during the third quarter. SJS Investment Consulting Inc. now owns 218 shares of the company’s stock worth $28,000 after buying an additional 211 shares in the last quarter. Whittier Trust Co. increased its holdings in Oshkosh by 69.1% in the 2nd quarter. Whittier Trust Co. now owns 279 shares of the company’s stock valued at $32,000 after buying an additional 114 shares during the period. Finally, Quent Capital LLC acquired a new position in shares of Oshkosh in the 3rd quarter valued at $35,000. Institutional investors own 92.36% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on OSK. Zacks Research cut shares of Oshkosh from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 22nd. UBS Group reaffirmed a “buy” rating and set a $167.00 price objective on shares of Oshkosh in a report on Friday, January 30th. DA Davidson increased their target price on Oshkosh from $160.00 to $168.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Citigroup cut their target price on Oshkosh from $175.00 to $170.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Finally, Robert W. Baird set a $182.00 price target on Oshkosh in a research report on Friday, January 30th. Twelve 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 stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $159.60.

Oshkosh Price Performance

Oshkosh stock opened at $171.27 on Friday. The business’s fifty day moving average is $144.87 and its two-hundred day moving average is $136.57. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.05 and a current ratio of 1.94. The firm has a market cap of $10.83 billion, a P/E ratio of 17.09, a P/E/G ratio of 0.87 and a beta of 1.43. Oshkosh Corporation has a 52 week low of $76.82 and a 52 week high of $180.49.

Oshkosh (NYSE:OSK) last released its quarterly earnings results on Thursday, January 29th. The company reported $2.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.33 by ($0.07). The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.60 billion. Oshkosh had a net margin of 6.21% and a return on equity of 15.69%. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.58 earnings per share. Equities research analysts forecast that Oshkosh Corporation will post 10.96 earnings per share for the current fiscal year.

Oshkosh Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th will be given a dividend of $0.57 per share. The ex-dividend date is Tuesday, February 17th. This is a positive change from Oshkosh’s previous quarterly dividend of $0.51. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.3%. Oshkosh’s dividend payout ratio (DPR) is currently 20.36%.

Oshkosh Company Profile

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.