Mesirow Financial Investment Management Equity Management boosted its stake in Oshkosh Corporation (NYSE:OSK) by 33.7% during the second quarter, Holdings Channel reports. The fund owned 24,930 shares of the company’s stock after buying an additional 6,280 shares during the period. Mesirow Financial Investment Management Equity Management’s holdings in Oshkosh Corporation were worth $1,717,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Oshkosh Corporation by 16.8% in the first quarter. Vanguard Group Inc. now owns 6,767,922 shares of the company’s stock valued at $464,212,000 after buying an additional 973,348 shares during the last quarter. BlackRock Inc. boosted its position in shares of Oshkosh Corporation by 5,532.7% in the first quarter. BlackRock Inc. now owns 6,431,080 shares of the company’s stock valued at $441,107,000 after buying an additional 6,316,906 shares during the last quarter. Alliancebernstein L.P. boosted its position in shares of Oshkosh Corporation by 4.4% in the first quarter. Alliancebernstein L.P. now owns 4,279,772 shares of the company’s stock valued at $293,550,000 after buying an additional 178,674 shares during the last quarter. Aristotle Capital Management LLC boosted its position in shares of Oshkosh Corporation by 4.6% in the first quarter. Aristotle Capital Management LLC now owns 4,268,889 shares of the company’s stock valued at $292,803,000 after buying an additional 188,368 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Oshkosh Corporation by 54.3% in the first quarter. AQR Capital Management LLC now owns 2,950,143 shares of the company’s stock valued at $202,350,000 after buying an additional 1,037,968 shares during the last quarter. Institutional investors own 95.09% of the company’s stock.

Oshkosh Corporation (NYSE OSK) opened at 74.92 on Thursday. The company’s 50-day moving average is $69.58 and its 200 day moving average is $68.48. The company has a market cap of $5.60 billion, a price-to-earnings ratio of 22.23 and a beta of 1.81. Oshkosh Corporation has a 12 month low of $50.77 and a 12 month high of $75.58.

Oshkosh Corporation (NYSE:OSK) last released its quarterly earnings results on Wednesday, August 2nd. The company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.51. Oshkosh Corporation had a return on equity of 14.49% and a net margin of 3.83%. The firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the firm posted $1.13 EPS. The business’s revenue was up 16.6% on a year-over-year basis. Equities analysts forecast that Oshkosh Corporation will post $3.95 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 18th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend is Wednesday, August 16th. Oshkosh Corporation’s dividend payout ratio (DPR) is currently 25.07%.

COPYRIGHT VIOLATION NOTICE: “Oshkosh Corporation (OSK) Stake Increased by Mesirow Financial Investment Management Equity Management” was posted by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another site, it was stolen and republished in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/oshkosh-corporation-osk-stake-increased-by-mesirow-financial-investment-management-equity-management/1469119.html.

OSK has been the subject of a number of research analyst reports. Drexel Hamilton raised shares of Oshkosh Corporation from a “hold” rating to a “buy” rating and set a $83.00 price target for the company in a research report on Friday, August 4th. Zacks Investment Research lowered shares of Oshkosh Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Bank of America Corporation raised shares of Oshkosh Corporation from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $60.00 to $78.00 in a research report on Thursday, August 3rd. Jefferies Group LLC reissued a “buy” rating and issued a $85.00 price target on shares of Oshkosh Corporation in a research report on Thursday, July 13th. Finally, Barrington Research increased their price target on shares of Oshkosh Corporation from $75.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, April 27th. Seven investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $75.67.

In other Oshkosh Corporation news, VP Marek W. May sold 3,200 shares of the company’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $74.89, for a total transaction of $239,648.00. Following the completion of the transaction, the vice president now owns 11,068 shares of the company’s stock, valued at approximately $828,882.52. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Robert S. Messina sold 3,400 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $75.23, for a total value of $255,782.00. Following the transaction, the vice president now directly owns 12,558 shares of the company’s stock, valued at approximately $944,738.34. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 17,650 shares of company stock valued at $1,324,031. Insiders own 2.00% of the company’s stock.

Oshkosh Corporation Company Profile

Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.

Want to see what other hedge funds are holding OSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oshkosh Corporation (NYSE:OSK).

Institutional Ownership by Quarter for Oshkosh Corporation (NYSE:OSK)

Receive News & Ratings for Oshkosh Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oshkosh Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.