Oshkosh Corporation (NYSE:OSK) Receives $171.33 Consensus Target Price from Analysts

Oshkosh Corporation (NYSE:OSK) has received an average recommendation of “Moderate Buy” from the seventeen brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $171.3333.

OSK has been the topic of a number of analyst reports. Zacks Research lowered shares of Oshkosh from a “hold” rating to a “strong sell” rating in a report on Thursday, July 23rd. Robert W. Baird lifted their price target on shares of Oshkosh from $172.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Evercore reissued an “outperform” rating and issued a $181.00 price target on shares of Oshkosh in a research report on Monday, May 11th. JPMorgan Chase & Co. upped their price objective on shares of Oshkosh from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th.

Oshkosh Stock Performance

Shares of Oshkosh stock opened at $156.50 on Friday. Oshkosh has a one year low of $116.77 and a one year high of $180.49. The company has a market cap of $9.66 billion, a PE ratio of 17.91, a P/E/G ratio of 0.91 and a beta of 1.25. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.96 and a current ratio of 1.72. The business has a 50-day simple moving average of $141.81 and a 200-day simple moving average of $148.11.

Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.24. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The company had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the previous year, the firm earned $3.41 earnings per share. The firm’s quarterly revenue was up 6.7% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. On average, equities research analysts forecast that Oshkosh will post 10.71 EPS for the current fiscal year.

Oshkosh Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be given a dividend of $0.57 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $2.28 annualized dividend and a yield of 1.5%. Oshkosh’s payout ratio is 26.09%.

Insiders Place Their Bets

In other news, Director Duncan Palmer sold 505 shares of the stock in a transaction that occurred 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 completion of the sale, the director directly owned 39,684 shares of the company’s stock, valued at approximately $5,312,100.24. This represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Oshkosh

A number of institutional investors have recently modified their holdings of OSK. Thrivent Financial for Lutherans boosted its stake in shares of Oshkosh by 1,945.0% during the fourth quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company’s stock worth $53,468,000 after buying an additional 404,788 shares during the period. Y Intercept Hong Kong Ltd raised its stake in Oshkosh by 84.7% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 54,593 shares of the company’s stock valued at $8,037,000 after acquiring an additional 25,037 shares during the last quarter. LSV Asset Management raised its stake in Oshkosh by 0.9% during the 4th quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock valued at $240,427,000 after acquiring an additional 17,944 shares during the last quarter. Kingsview Wealth Management LLC acquired a new stake in Oshkosh during the 4th quarter worth approximately $7,432,000. Finally, Norges Bank purchased a new position in shares of Oshkosh in the 4th quarter valued at approximately $127,907,000. 92.36% of the stock is owned by institutional investors and hedge funds.

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.