Entropy Technologies LP Has $1.90 Million Holdings in Oshkosh Co. (NYSE:OSK)

Entropy Technologies LP lifted its position in shares of Oshkosh Co. (NYSE:OSK) by 29.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,018 shares of the company’s stock after acquiring an additional 4,498 shares during the quarter. Entropy Technologies LP’s holdings in Oshkosh were worth $1,903,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Greenhaven Associates Inc. increased its stake in shares of Oshkosh by 0.6% in the fourth quarter. Greenhaven Associates Inc. now owns 2,552,106 shares of the company’s stock valued at $242,629,000 after buying an additional 15,622 shares during the period. FMR LLC raised its holdings in shares of Oshkosh by 3.3% during the third quarter. FMR LLC now owns 1,223,891 shares of the company’s stock valued at $122,646,000 after purchasing an additional 39,235 shares during the period. Geode Capital Management LLC boosted its holdings in Oshkosh by 1.0% in the third quarter. Geode Capital Management LLC now owns 1,089,930 shares of the company’s stock worth $109,250,000 after acquiring an additional 10,357 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Oshkosh by 0.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 684,171 shares of the company’s stock valued at $68,561,000 after purchasing an additional 4,974 shares in the last quarter. Finally, Equity Investment Corp increased its holdings in Oshkosh by 1.5% during the 3rd quarter. Equity Investment Corp now owns 588,884 shares of the company’s stock worth $59,012,000 after purchasing an additional 8,611 shares in the last quarter. Institutional investors own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on OSK shares. Truist Financial upped their price objective on shares of Oshkosh from $109.00 to $118.00 and gave the stock a “hold” rating in a research report on Friday, January 31st. KeyCorp boosted their target price on shares of Oshkosh from $113.00 to $132.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Morgan Stanley upped their target price on shares of Oshkosh from $98.00 to $110.00 and gave the stock an “equal weight” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. lifted their target price on shares of Oshkosh from $115.00 to $127.00 and gave the company a “neutral” rating in a research report on Friday, January 31st. Finally, Raymond James increased their price target on shares of Oshkosh from $125.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.00.

Oshkosh Stock Down 1.0 %

NYSE:OSK opened at $110.44 on Monday. Oshkosh Co. has a 1-year low of $89.08 and a 1-year high of $127.98. The firm’s 50-day moving average price is $99.58 and its 200-day moving average price is $103.03. The company has a market capitalization of $7.19 billion, a PE ratio of 10.67, a P/E/G ratio of 1.89 and a beta of 1.23. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76.

Oshkosh (NYSE:OSK) last posted its quarterly earnings results on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. On average, equities analysts predict that Oshkosh Co. will post 10.95 EPS for the current fiscal year.

Oshkosh Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be given a dividend of $0.51 per share. The ex-dividend date is Friday, February 14th. This is a boost from Oshkosh’s previous quarterly dividend of $0.46. This represents a $2.04 annualized dividend and a dividend yield of 1.85%. Oshkosh’s dividend payout ratio (DPR) is 17.78%.

Oshkosh Profile

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.