Oshkosh Co. (NYSE:OSK) Shares Acquired by Semanteon Capital Management LP

Semanteon Capital Management LP boosted its holdings in Oshkosh Co. (NYSE:OSK) by 29.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,820 shares of the company’s stock after purchasing an additional 3,342 shares during the quarter. Semanteon Capital Management LP’s holdings in Oshkosh were worth $1,409,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Oshkosh in the fourth quarter valued at approximately $23,285,000. BNP Paribas Financial Markets boosted its holdings in shares of Oshkosh by 154.9% in the third quarter. BNP Paribas Financial Markets now owns 160,102 shares of the company’s stock valued at $16,044,000 after acquiring an additional 97,282 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Oshkosh in the fourth quarter valued at approximately $8,467,000. Assenagon Asset Management S.A. boosted its holdings in shares of Oshkosh by 29.9% in the fourth 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. Finally, Edgestream Partners L.P. boosted its holdings in shares of Oshkosh by 704.3% in the third quarter. Edgestream Partners L.P. now owns 68,023 shares of the company’s stock valued at $6,817,000 after acquiring an additional 59,566 shares during the period. 92.36% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently commented on OSK shares. Citigroup cut their price target on Oshkosh from $125.00 to $110.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Raymond James upped their price target on Oshkosh from $125.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Bank of America upped their price target on Oshkosh from $95.00 to $110.00 and gave the stock an “underperform” rating in a research note on Monday, February 10th. KeyCorp upped their price target on Oshkosh from $113.00 to $132.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. cut their price target on Oshkosh from $127.00 to $117.00 and set a “neutral” rating for the company in a research note on Tuesday. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Oshkosh currently has an average rating of “Hold” and an average target price of $124.38.

Oshkosh Trading Up 0.4 %

NYSE:OSK opened at $97.68 on Friday. The company has a market capitalization of $6.30 billion, a PE ratio of 9.44, a price-to-earnings-growth ratio of 1.45 and a beta of 1.21. The company has a quick ratio of 0.76, a current ratio of 1.51 and a debt-to-equity ratio of 0.14. Oshkosh Co. has a 52-week low of $89.08 and a 52-week high of $127.98. The stock has a fifty day simple moving average of $101.32 and a 200-day simple moving average of $102.40.

Oshkosh (NYSE:OSK) last released 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 research analysts expect that Oshkosh Co. will post 10.96 earnings per share for the current fiscal year.

Oshkosh Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Oshkosh’s previous quarterly dividend of $0.46. Oshkosh’s dividend payout ratio (DPR) is currently 19.71%.

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.