AXQ Capital LP Has $372,000 Holdings in Oshkosh Co. (NYSE:OSK)

AXQ Capital LP lessened its position in shares of Oshkosh Co. (NYSE:OSK) by 65.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,913 shares of the company’s stock after selling 7,472 shares during the quarter. AXQ Capital LP’s holdings in Oshkosh were worth $372,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of OSK. Sei Investments Co. lifted its position in shares of Oshkosh by 7.1% during the 4th quarter. Sei Investments Co. now owns 528,940 shares of the company’s stock worth $50,289,000 after buying an additional 35,072 shares during the period. American Century Companies Inc. lifted its position in shares of Oshkosh by 23.3% during the 4th quarter. American Century Companies Inc. now owns 2,030,410 shares of the company’s stock worth $193,031,000 after buying an additional 384,141 shares during the period. Semanteon Capital Management LP lifted its position in shares of Oshkosh by 29.1% during the 4th quarter. Semanteon Capital Management LP now owns 14,820 shares of the company’s stock worth $1,409,000 after buying an additional 3,342 shares during the period. Teacher Retirement System of Texas lifted its position in shares of Oshkosh by 18.4% during the 4th quarter. Teacher Retirement System of Texas now owns 20,934 shares of the company’s stock worth $1,990,000 after buying an additional 3,259 shares during the period. Finally, Xponance Inc. lifted its position in shares of Oshkosh by 7.7% during the 4th quarter. Xponance Inc. now owns 7,572 shares of the company’s stock worth $720,000 after buying an additional 540 shares during the period. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Down 2.0 %

Shares of Oshkosh stock opened at $95.75 on Monday. Oshkosh Co. has a 1 year low of $89.08 and a 1 year high of $127.98. The business has a 50-day moving average of $101.44 and a two-hundred day moving average of $102.32. The company has a market capitalization of $6.18 billion, a P/E ratio of 9.25, a price-to-earnings-growth ratio of 1.45 and a beta of 1.21. 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 announced 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%. As a group, equities analysts predict that Oshkosh Co. will post 10.96 EPS for the current year.

Oshkosh Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were issued a dividend of $0.51 per share. The ex-dividend date was Friday, February 14th. This is an increase from Oshkosh’s previous quarterly dividend of $0.46. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.13%. Oshkosh’s dividend payout ratio (DPR) is presently 19.71%.

Analyst Upgrades and Downgrades

A number of research firms have commented on OSK. The Goldman Sachs Group reduced their price objective on Oshkosh from $135.00 to $116.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 19th. KeyCorp upped their price target on Oshkosh from $113.00 to $132.00 and gave the company an “overweight” 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 company an “underperform” rating in a research note on Monday, February 10th. JPMorgan Chase & Co. dropped their price objective on Oshkosh from $127.00 to $117.00 and set a “neutral” rating for the company in a report on Tuesday, March 18th. Finally, UBS Group upped their price objective on Oshkosh from $125.00 to $137.00 and gave the company a “buy” rating in a report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $124.38.

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.