Oshkosh Corporation (OSK) To Go Ex-Dividend on May 26th

Oshkosh Corporation (NYSE:OSK) announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Tuesday, May 26th will be given a dividend of 0.57 per share on Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, May 26th.

Oshkosh has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 13 consecutive years. Oshkosh has a payout ratio of 19.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Oshkosh to earn $13.74 per share next year, which means the company should continue to be able to cover its $2.28 annual dividend with an expected future payout ratio of 16.6%.

Oshkosh Stock Up 1.0%

Oshkosh stock opened at $128.44 on Friday. Oshkosh has a 52-week low of $96.03 and a 52-week high of $180.49. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.63. The firm has a 50 day moving average price of $143.79 and a two-hundred day moving average price of $143.78. The firm has a market cap of $8.01 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 0.63 and a beta of 1.33.

Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.85 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.19). The company had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.29 billion. Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the business earned $1.92 EPS. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Equities analysts predict that Oshkosh will post 11 EPS for the current year.

Insiders Place Their Bets

In other news, SVP Anupam Khare sold 4,000 shares of Oshkosh stock in a transaction on Friday, February 27th. The stock was sold at an average price of $169.07, for a total transaction of $676,280.00. Following the sale, the senior vice president directly owned 13,577 shares in the company, valued at $2,295,463.39. The trade was a 22.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total value of $67,599.30. Following the sale, the director owned 39,684 shares in the company, valued at $5,312,100.24. The trade was a 1.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.64% of the company’s stock.

Institutional Investors Weigh In On Oshkosh

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Groupama Asset Managment raised its stake in Oshkosh by 4.2% in the 1st quarter. Groupama Asset Managment now owns 5,636 shares of the company’s stock valued at $830,000 after acquiring an additional 227 shares during the period. Bank of America Corp DE raised its stake in Oshkosh by 0.9% in the 1st quarter. Bank of America Corp DE now owns 978,610 shares of the company’s stock valued at $144,061,000 after acquiring an additional 8,531 shares during the period. Lodge Hill Capital LLC raised its stake in Oshkosh by 860.0% in the 1st quarter. Lodge Hill Capital LLC now owns 240,000 shares of the company’s stock valued at $35,330,000 after acquiring an additional 215,000 shares during the period. Bull Harbor Capital LLC bought a new stake in Oshkosh in the 1st quarter valued at about $531,000. Finally, EverSource Wealth Advisors LLC raised its stake in Oshkosh by 10.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $327,000 after acquiring an additional 204 shares during the period. 92.36% of the stock is currently owned by institutional investors.

About Oshkosh

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.