Everpar Advisors LLC Sells 135 Shares of Oshkosh Co. (NYSE:OSK)

Everpar Advisors LLC lowered its position in Oshkosh Co. (NYSE:OSK) by 6.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,121 shares of the company’s stock after selling 135 shares during the period. Everpar Advisors LLC’s holdings in Oshkosh were worth $202,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Carolina Wealth Advisors LLC increased its position in shares of Oshkosh by 2.5% during the 4th quarter. Carolina Wealth Advisors LLC now owns 6,062 shares of the company’s stock valued at $576,000 after purchasing an additional 146 shares during the last quarter. Covea Finance boosted its stake in shares of Oshkosh by 81.8% during the 4th quarter. Covea Finance now owns 30,000 shares of the company’s stock worth $2,852,000 after acquiring an additional 13,500 shares during the last quarter. Assenagon Asset Management S.A. grew its position in shares of Oshkosh by 29.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 312,134 shares of the company’s stock valued at $29,675,000 after acquiring an additional 71,911 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Oshkosh by 17.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 195,906 shares of the company’s stock worth $19,632,000 after purchasing an additional 28,478 shares in the last quarter. Finally, Franklin Resources Inc. purchased a new position in Oshkosh during the third quarter valued at $532,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on OSK. Robert W. Baird reduced their target price on shares of Oshkosh from $171.00 to $160.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Truist Financial lowered their price objective on Oshkosh from $116.00 to $109.00 and set a “hold” rating on the stock in a research report on Thursday. UBS Group decreased their target price on Oshkosh from $129.00 to $125.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. JPMorgan Chase & Co. cut their price objective on shares of Oshkosh from $125.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, Citigroup dropped their target price on shares of Oshkosh from $125.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $121.77.

Oshkosh Trading Up 1.1 %

Shares of NYSE OSK opened at $95.55 on Friday. Oshkosh Co. has a 1-year low of $89.08 and a 1-year high of $127.98. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.46 and a quick ratio of 0.79. The business’s 50 day moving average is $101.77 and its two-hundred day moving average is $103.46. The stock has a market capitalization of $6.22 billion, a P/E ratio of 9.28, a PEG ratio of 0.94 and a beta of 1.21.

Oshkosh (NYSE:OSK) last released its earnings results on Wednesday, October 30th. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.87 by $0.06. The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.63 billion. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. As a group, research analysts expect that Oshkosh Co. will post 11.35 EPS for the current year.

Oshkosh Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a $0.46 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.84 annualized dividend and a dividend yield of 1.93%. Oshkosh’s dividend payout ratio (DPR) is presently 17.86%.

Oshkosh Company 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.