Bull Harbor Capital LLC Acquires New Position in Oshkosh Corporation $OSK

Bull Harbor Capital LLC acquired a new stake in shares of Oshkosh Corporation (NYSE:OSK) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,608 shares of the company’s stock, valued at approximately $531,000.

Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in shares of Oshkosh by 10.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $327,000 after acquiring an additional 204 shares in the last quarter. California State Teachers Retirement System increased its holdings in shares of Oshkosh by 21.9% in the 1st quarter. California State Teachers Retirement System now owns 74,153 shares of the company’s stock valued at $10,916,000 after acquiring an additional 13,344 shares during the last quarter. Richwood Investment Advisors LLC raised its position in shares of Oshkosh by 12.0% during the 1st quarter. Richwood Investment Advisors LLC now owns 4,340 shares of the company’s stock valued at $639,000 after acquiring an additional 465 shares in the last quarter. Empowered Funds LLC lifted its stake in Oshkosh by 44.1% during the first quarter. Empowered Funds LLC now owns 74,573 shares of the company’s stock worth $10,978,000 after purchasing an additional 22,811 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in Oshkosh by 5.1% during the first quarter. The Manufacturers Life Insurance Company now owns 46,863 shares of the company’s stock worth $6,899,000 after purchasing an additional 2,269 shares during the last quarter. Institutional investors own 92.36% of the company’s stock.

Insiders Place Their Bets

In related news, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total value of $67,599.30. Following the sale, the director directly owned 39,684 shares in the company, valued at $5,312,100.24. This trade represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Barclays lifted their price objective on shares of Oshkosh from $150.00 to $170.00 and gave the stock an “overweight” rating in a report on Wednesday. Truist Financial raised their price target on shares of Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Morgan Stanley decreased their price target on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a report on Tuesday, May 12th. Sanford C. Bernstein set a $138.00 price objective on shares of Oshkosh in a research report on Thursday, April 9th. Finally, Evercore reaffirmed an “outperform” rating and set a $181.00 price objective on shares of Oshkosh in a research report on Monday, May 11th. Eleven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Oshkosh has an average rating of “Moderate Buy” and an average target price of $171.33.

Oshkosh Price Performance

Shares of OSK opened at $142.78 on Friday. The company has a market cap of $8.82 billion, a P/E ratio of 16.34, a PEG ratio of 0.88 and a beta of 1.23. The stock has a fifty day moving average price of $140.88 and a 200 day moving average price of $148.10. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.72 and a quick ratio of 0.83. Oshkosh Corporation has a 12 month low of $116.77 and a 12 month high of $180.49.

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

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, August 13th. Oshkosh’s dividend payout ratio (DPR) is 26.09%.

Oshkosh Profile

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.