Bray Capital Advisors acquired a new position in shares of Oshkosh Corp (NYSE:OSK) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,200 shares of the company’s stock, valued at approximately $74,000.

Several other institutional investors have also recently added to or reduced their stakes in OSK. Russell Investments Group Ltd. boosted its holdings in shares of Oshkosh by 15.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 29,982 shares of the company’s stock worth $2,136,000 after buying an additional 3,956 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Oshkosh by 27.6% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 4,968 shares of the company’s stock worth $354,000 after buying an additional 1,075 shares during the period. Los Angeles Capital Management & Equity Research Inc. boosted its holdings in shares of Oshkosh by 12.5% during the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 7,920 shares of the company’s stock worth $564,000 after buying an additional 880 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Oshkosh by 177.0% during the 3rd quarter. SG Americas Securities LLC now owns 35,822 shares of the company’s stock worth $2,552,000 after buying an additional 22,889 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Oshkosh by 2.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 892,149 shares of the company’s stock worth $63,557,000 after buying an additional 22,252 shares during the period. Institutional investors own 89.12% of the company’s stock.

OSK stock opened at $73.57 on Tuesday. The company has a market cap of $5.07 billion, a P/E ratio of 10.15, a P/E/G ratio of 0.86 and a beta of 1.94. Oshkosh Corp has a 1 year low of $51.42 and a 1 year high of $82.48. The company has a quick ratio of 1.12, a current ratio of 1.99 and a debt-to-equity ratio of 0.34.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Wednesday, January 30th. The company reported $1.61 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.67. The business had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Oshkosh had a net margin of 6.62% and a return on equity of 21.83%. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.84 EPS. As a group, research analysts expect that Oshkosh Corp will post 7.48 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 15th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend was Thursday, February 14th. Oshkosh’s dividend payout ratio is 16.98%.

In other Oshkosh news, VP David M. Sagehorn sold 29,200 shares of the company’s stock in a transaction that occurred on Wednesday, February 13th. The shares were sold at an average price of $79.20, for a total value of $2,312,640.00. Following the completion of the transaction, the vice president now directly owns 166,310 shares in the company, valued at approximately $13,171,752. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP John J. Bryant sold 4,819 shares of the company’s stock in a transaction that occurred on Thursday, February 28th. The shares were sold at an average price of $77.85, for a total transaction of $375,159.15. Following the completion of the transaction, the executive vice president now owns 6,309 shares of the company’s stock, valued at $491,155.65. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 85,928 shares of company stock valued at $6,771,979. 1.90% of the stock is owned by corporate insiders.

Several brokerages recently commented on OSK. Zacks Investment Research raised shares of Oshkosh from a “hold” rating to a “buy” rating and set a $82.00 target price for the company in a report on Friday, February 1st. reaffirmed a “sell” rating on shares of Oshkosh in a report on Wednesday, February 13th. reaffirmed a “sell” rating on shares of Oshkosh in a report on Wednesday, February 13th. ValuEngine raised shares of Oshkosh from a “sell” rating to a “hold” rating in a report on Wednesday, February 13th. Finally, Bank of America raised shares of Oshkosh from a “neutral” rating to a “buy” rating and set a $86.00 target price for the company in a report on Thursday, January 31st. Three analysts have rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $83.83.

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Oshkosh Profile

Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation services; and chassis and service parts sales.

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Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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