Capital Research Global Investors Has $149.90 Million Holdings in Oshkosh Corporation $OSK

Capital Research Global Investors increased its holdings in Oshkosh Corporation (NYSE:OSK) by 143.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,193,156 shares of the company’s stock after acquiring an additional 704,022 shares during the period. Capital Research Global Investors’ holdings in Oshkosh were worth $149,896,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Murphy Middleton Hinkle & Parker Inc. acquired a new stake in shares of Oshkosh in the 4th quarter worth about $4,183,000. Jupiter Asset Management Ltd. acquired a new stake in shares of Oshkosh in the 3rd quarter worth about $3,146,000. Versor Investments LP acquired a new stake in shares of Oshkosh in the 3rd quarter worth about $1,347,000. JPMorgan Chase & Co. grew its position in Oshkosh by 4.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 175,693 shares of the company’s stock worth $22,789,000 after purchasing an additional 7,339 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its position in Oshkosh by 1,945.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company’s stock worth $53,468,000 after purchasing an additional 404,788 shares in the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Insider Buying and Selling at Oshkosh

In other news, Director Duncan Palmer sold 505 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total transaction of $67,599.30. Following the completion of the transaction, the director directly owned 39,684 shares of the company’s stock, valued at $5,312,100.24. This represents a 1.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Robert W. Baird reduced their price objective on shares of Oshkosh from $175.00 to $172.00 and set an “outperform” rating for the company in a research report on Monday, May 11th. Truist Financial reaffirmed a “hold” rating and issued a $176.00 price objective (down from $183.00) on shares of Oshkosh in a research report on Monday, May 11th. Weiss Ratings raised shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. Citigroup downgraded shares of Oshkosh from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $180.00 to $170.00 in a research report on Monday, April 13th. Finally, Zacks Research raised shares of Oshkosh from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 5th. Eleven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $165.38.

Oshkosh Stock Up 0.6%

Oshkosh stock opened at $131.26 on Tuesday. Oshkosh Corporation has a twelve month low of $106.37 and a twelve month high of $180.49. The firm has a 50 day moving average price of $140.32 and a 200-day moving average price of $144.48. The company has a market capitalization of $8.18 billion, a P/E ratio of 14.62, a P/E/G ratio of 0.64 and a beta of 1.26. The company has a quick ratio of 0.83, a current ratio of 1.63 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK) last released its earnings results on Friday, May 8th. The company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the company earned $1.92 earnings per share. The firm’s revenue was up .2% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. As a group, equities analysts predict that Oshkosh Corporation will post 11 EPS for the current year.

Oshkosh Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 26th. Oshkosh’s dividend payout ratio is currently 25.39%.

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.