Handelsbanken Fonder AB Takes Position in Oshkosh Corporation $OSK

Handelsbanken Fonder AB bought a new stake in Oshkosh Corporation (NYSE:OSK) during the 4th quarter, Holdings Channel.com reports. The firm bought 43,979 shares of the company’s stock, valued at approximately $5,525,000.

Several other institutional investors have also recently bought and sold shares of OSK. Alliancebernstein L.P. lifted its stake in Oshkosh by 908.0% in the 3rd quarter. Alliancebernstein L.P. now owns 913,497 shares of the company’s stock valued at $118,481,000 after acquiring an additional 822,874 shares in the last quarter. Capital Research Global Investors bought a new stake in Oshkosh in the 3rd quarter valued at approximately $63,441,000. Thrivent Financial for Lutherans lifted its stake in Oshkosh by 1,945.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company’s stock valued at $53,468,000 after acquiring an additional 404,788 shares in the last quarter. Truist Financial Corp lifted its stake in Oshkosh by 1,904.0% in the 4th quarter. Truist Financial Corp now owns 399,046 shares of the company’s stock valued at $50,132,000 after acquiring an additional 379,134 shares in the last quarter. Finally, UBS Group AG lifted its stake in Oshkosh by 162.3% in the 3rd quarter. UBS Group AG now owns 603,041 shares of the company’s stock valued at $78,214,000 after acquiring an additional 373,172 shares in the last quarter. Institutional investors own 92.36% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on OSK shares. Robert W. Baird cut their target price on Oshkosh from $175.00 to $172.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. UBS Group upped their price objective on Oshkosh from $167.00 to $197.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Citigroup cut Oshkosh from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $180.00 to $170.00 in a research note on Monday, April 13th. Sanford C. Bernstein set a $138.00 price objective on Oshkosh in a research note on Thursday, April 9th. Finally, Wells Fargo & Company upped their price objective on Oshkosh from $168.00 to $204.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Ten investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $165.38.

Oshkosh Stock Performance

Shares of NYSE OSK opened at $128.44 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.63 and a quick ratio of 0.83. The stock’s fifty day moving average price is $143.79 and its two-hundred day moving average price is $143.78. Oshkosh Corporation has a one year low of $96.03 and a one year high of $180.49. The firm has a market cap of $8.01 billion, a price-to-earnings ratio of 14.30, a P/E/G ratio of 0.62 and a beta of 1.33.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Friday, May 8th. The company reported $0.85 EPS 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 firm had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period in the prior year, the company earned $1.92 earnings per share. The business’s quarterly revenue was up .2% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. On average, equities analysts forecast that Oshkosh Corporation will post 11 EPS for the current year.

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, May 26th. Oshkosh’s dividend payout ratio is currently 25.39%.

Insiders Place Their Bets

In other Oshkosh news, Director Duncan Palmer sold 505 shares of the company’s stock in a transaction 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 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 sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Anupam Khare sold 4,000 shares of the company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $169.07, for a total value of $676,280.00. Following the completion of the transaction, the senior vice president directly owned 13,577 shares in the company, valued at approximately $2,295,463.39. This represents a 22.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.64% of the company’s stock.

Oshkosh Company 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.