Oshkosh (NYSE:OSK) had its price objective increased by Raymond James from $130.00 to $135.00 in a research report sent to investors on Thursday, PriceTargets.com reports. Raymond James currently has an outperform rating on the stock.
Several other research firms have also recently weighed in on OSK. Evercore ISI lowered their price target on Oshkosh from $145.00 to $124.00 and set an outperform rating on the stock in a report on Thursday, October 14th. KeyCorp lowered their price target on Oshkosh from $144.00 to $125.00 and set an overweight rating on the stock in a report on Monday, September 27th. Morgan Stanley raised their price target on Oshkosh from $134.00 to $144.00 and gave the company an overweight rating in a report on Thursday, December 9th. Citigroup raised their price target on Oshkosh from $125.00 to $145.00 and gave the company a buy rating in a report on Tuesday, October 12th. Finally, DA Davidson assumed coverage on Oshkosh in a report on Friday, December 17th. They issued a neutral rating and a $118.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of Buy and a consensus price target of $129.81.
NYSE OSK traded up $0.54 during trading hours on Thursday, hitting $123.42. The company had a trading volume of 6,704 shares, compared to its average volume of 509,443. Oshkosh has a 52 week low of $88.31 and a 52 week high of $137.47. The firm has a 50 day simple moving average of $113.37 and a 200 day simple moving average of $112.87. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.46 and a current ratio of 2.05. The firm has a market capitalization of $8.25 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 0.89 and a beta of 1.47.
The business also recently declared a quarterly dividend, which was paid on Monday, November 29th. Investors of record on Monday, November 15th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.20%. This is a positive change from Oshkosh’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Friday, November 12th. Oshkosh’s dividend payout ratio (DPR) is presently 21.70%.
In related news, EVP John J. Bryant sold 4,460 shares of the firm’s stock in a transaction that occurred on Wednesday, November 24th. The stock was sold at an average price of $116.69, for a total transaction of $520,437.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.64% of the stock is owned by company insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of OSK. O Shaughnessy Asset Management LLC grew its position in shares of Oshkosh by 373.6% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 341 shares of the company’s stock worth $35,000 after buying an additional 269 shares during the last quarter. Evolution Wealth Advisors LLC grew its position in shares of Oshkosh by 301.1% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 353 shares of the company’s stock worth $36,000 after buying an additional 265 shares during the last quarter. JFS Wealth Advisors LLC bought a new stake in shares of Oshkosh in the 3rd quarter worth approximately $43,000. Exchange Traded Concepts LLC bought a new stake in shares of Oshkosh in the 3rd quarter worth approximately $44,000. Finally, First Horizon Advisors Inc. grew its position in shares of Oshkosh by 800.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 468 shares of the company’s stock worth $60,000 after buying an additional 416 shares during the last quarter. Institutional investors and hedge funds own 90.99% of the company’s stock.
Oshkosh Corp. engages in the designing, manufacturing, and marketing of specialty vehicles and vehicle bodies. It operates through the following segments: Access Equipment, Defense, Fire & Emergency, and Commercial. The Access Equipment segment consists of JerrDan and JLG, which manufactures aerial work platforms; and telehandlers that are used in construction, industrial, institutional, and general maintenance applications to position workers and materials at elevated heights.
Featured Story: How does a 12b-1 fee affect fund performance?
Receive News & Ratings for Oshkosh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oshkosh and related companies with MarketBeat.com's FREE daily email newsletter.