Natixis Advisors L.P. Acquires 345 Shares of Oshkosh Corp (NYSE:OSK)
Natixis Advisors L.P. boosted its stake in shares of Oshkosh Corp (NYSE:OSK) by 0.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 82,800 shares of the company’s stock after buying an additional 345 shares during the period. Natixis Advisors L.P.’s holdings in Oshkosh were worth $6,913,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently bought and sold shares of OSK. Municipal Employees Retirement System of Michigan grew its stake in Oshkosh by 1.1% in the second quarter. Municipal Employees Retirement System of Michigan now owns 12,950 shares of the company’s stock valued at $1,081,000 after purchasing an additional 140 shares during the last quarter. CWM LLC grew its position in shares of Oshkosh by 12.2% in the 2nd quarter. CWM LLC now owns 1,419 shares of the company’s stock worth $118,000 after buying an additional 154 shares during the last quarter. Huntington National Bank grew its position in shares of Oshkosh by 14.6% in the 2nd quarter. Huntington National Bank now owns 1,511 shares of the company’s stock worth $126,000 after buying an additional 192 shares during the last quarter. Magnus Financial Group LLC raised its stake in shares of Oshkosh by 2.5% during the 2nd quarter. Magnus Financial Group LLC now owns 7,882 shares of the company’s stock worth $658,000 after acquiring an additional 192 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its stake in shares of Oshkosh by 13.1% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,904 shares of the company’s stock worth $159,000 after acquiring an additional 221 shares in the last quarter. Institutional investors own 90.28% of the company’s stock.
NYSE:OSK traded down $0.12 during trading hours on Wednesday, hitting $75.86. 309,176 shares of the company were exchanged, compared to its average volume of 472,284. The stock has a market capitalization of $5.11 billion, a price-to-earnings ratio of 11.93, a PEG ratio of 0.73 and a beta of 1.99. Oshkosh Corp has a 52-week low of $51.42 and a 52-week high of $86.45. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.99 and a quick ratio of 1.19. The company’s 50 day moving average price is $73.76 and its 200-day moving average price is $77.65.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Monday, August 19th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date was Friday, August 16th. Oshkosh’s dividend payout ratio (DPR) is presently 16.98%.
Several equities research analysts have weighed in on OSK shares. JPMorgan Chase & Co. upgraded shares of Oshkosh from a “neutral” rating to an “overweight” rating and raised their target price for the company from $85.00 to $90.00 in a research note on Wednesday. Zacks Investment Research raised shares of Oshkosh from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a report on Thursday, July 11th. Evercore ISI raised Oshkosh from an “in-line” rating to an “outperform” rating and set a $79.00 price target on the stock in a research report on Thursday, August 1st. ValuEngine lowered Oshkosh from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. Finally, Citigroup lowered their price objective on Oshkosh from $95.00 to $88.00 and set a “buy” rating for the company in a research report on Tuesday, August 6th. Four investment analysts have rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $84.00.
Oshkosh Company 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.
Further Reading: Put Option Volume
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