Oshkosh Co. (NYSE:OSK) Shares Purchased by Manchester Capital Management LLC

Manchester Capital Management LLC boosted its position in shares of Oshkosh Co. (NYSE:OSK) by 11.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,143 shares of the company’s stock after buying an additional 214 shares during the quarter. Manchester Capital Management LLC’s holdings in Oshkosh were worth $204,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC purchased a new stake in shares of Oshkosh during the 3rd quarter worth about $25,000. Blue Trust Inc. raised its holdings in Oshkosh by 108.7% in the 4th quarter. Blue Trust Inc. now owns 265 shares of the company’s stock worth $27,000 after purchasing an additional 138 shares during the period. Hager Investment Management Services LLC purchased a new position in Oshkosh during the fourth quarter worth approximately $32,000. Brooklyn Investment Group acquired a new stake in Oshkosh in the third quarter valued at approximately $34,000. Finally, International Assets Investment Management LLC increased its position in shares of Oshkosh by 9,922.2% in the third quarter. International Assets Investment Management LLC now owns 902 shares of the company’s stock valued at $90,000 after buying an additional 893 shares in the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Analyst Upgrades and Downgrades

OSK has been the topic of a number of research analyst reports. Bank of America lifted their price target on shares of Oshkosh from $95.00 to $110.00 and gave the company an “underperform” rating in a research note on Monday, February 10th. Citigroup dropped their target price on shares of Oshkosh from $125.00 to $110.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Morgan Stanley upped their price target on shares of Oshkosh from $98.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Monday, February 3rd. KeyCorp lifted their price objective on Oshkosh from $113.00 to $132.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Finally, Raymond James increased their target price on Oshkosh from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $124.85.

Oshkosh Stock Down 1.2 %

Shares of OSK opened at $107.27 on Friday. Oshkosh Co. has a 52-week low of $89.08 and a 52-week high of $127.98. The company has a quick ratio of 0.76, a current ratio of 1.51 and a debt-to-equity ratio of 0.14. The stock has a fifty day simple moving average of $99.35 and a two-hundred day simple moving average of $102.90. The company has a market capitalization of $6.98 billion, a PE ratio of 10.36, a price-to-earnings-growth ratio of 1.89 and a beta of 1.23.

Oshkosh (NYSE:OSK) last released its quarterly earnings data 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 net margin of 6.34% and a return on equity of 19.31%. As a group, equities analysts forecast that Oshkosh Co. will post 10.95 EPS for the current 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 $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.90%. This is a positive change from Oshkosh’s previous quarterly dividend of $0.46. The ex-dividend date is Friday, February 14th. Oshkosh’s dividend payout ratio is presently 17.78%.

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.