Brokerages Set Oshkosh Corporation (NYSE:OSK) PT at $170.71

Oshkosh Corporation (NYSE:OSK) has earned an average recommendation of “Moderate Buy” from the seventeen ratings firms that are covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $170.7143.

A number of research analysts have commented on OSK shares. Weiss Ratings upgraded Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. DA Davidson raised their target price on Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. lifted their target price on Oshkosh from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Wall Street Zen raised shares of Oshkosh from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. Finally, Zacks Research upgraded shares of Oshkosh from a “strong sell” rating to a “hold” rating in a report on Friday, August 21st.

Oshkosh Price Performance

Oshkosh stock opened at $135.47 on Friday. The company has a current ratio of 1.72, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average price of $150.26 and a 200 day moving average price of $145.03. Oshkosh has a 12-month low of $116.77 and a 12-month high of $180.49. The stock has a market cap of $8.36 billion, a P/E ratio of 15.50, a PEG ratio of 1.02 and a beta of 1.27.

Oshkosh (NYSE:OSK) last posted its earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.63 by $0.24. The company had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. Oshkosh’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.41 earnings per share. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Sell-side analysts anticipate that Oshkosh will post 10.77 earnings per share for the current year.

Oshkosh Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Thursday, August 13th. Oshkosh’s payout ratio is presently 26.09%.

Insiders Place Their Bets

In other Oshkosh news, Director John Pfeifer sold 778 shares of the stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $150.00, for a total value of $116,700.00. Following the sale, the director owned 150,669 shares of the company’s stock, valued at $22,600,350. This trade represents a 0.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Oshkosh

A number of institutional investors and hedge funds have recently made changes to their positions in OSK. BlackRock Inc. purchased a new stake in shares of Oshkosh in the 2nd quarter valued at approximately $913,816,000. Dimensional Fund Advisors LP lifted its position in shares of Oshkosh by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,051,511 shares of the company’s stock worth $449,166,000 after purchasing an additional 46,306 shares during the last quarter. LSV Asset Management grew its stake in shares of Oshkosh by 0.9% during the fourth quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock worth $240,427,000 after purchasing an additional 17,944 shares in the last quarter. First Trust Advisors LP increased its holdings in Oshkosh by 6.3% in the first quarter. First Trust Advisors LP now owns 1,290,424 shares of the company’s stock valued at $189,963,000 after buying an additional 76,620 shares during the last quarter. Finally, Capital Research Global Investors increased its holdings in Oshkosh by 143.9% in the fourth quarter. Capital Research Global Investors now owns 1,193,156 shares of the company’s stock valued at $149,896,000 after buying an additional 704,022 shares during the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

About Oshkosh

Oshkosh Corporation (NYSE: OSK) is a manufacturer of specialty vehicles and equipment headquartered in Oshkosh, Wisconsin. Founded in 1917, the company serves commercial, government and municipal customers in markets that require purpose-built vehicles for demanding operating environments.

Oshkosh operates through businesses focused on access equipment, defense, fire apparatus and vocational vehicles. Its products include aerial work platforms and other equipment used in construction and industrial applications; tactical vehicles, trailers and related systems for defense and security customers; fire trucks, airport rescue vehicles and emergency response equipment; and vocational vehicles for refuse collection, concrete placement, snow removal and other specialized tasks.

The company serves customers in North America and international markets through a combination of manufacturing operations, dealerships, distributors and direct sales.