QS Investors LLC maintained its position in Oshkosh Corporation (NYSE:OSK) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,361 shares of the company’s stock at the close of the 2nd quarter. QS Investors LLC’s holdings in Oshkosh Corporation were worth $1,265,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently added to or reduced their stakes in the company. Zacks Investment Management bought a new stake in shares of Oshkosh Corporation during the 2nd quarter valued at $247,000. Voya Investment Management LLC raised its holdings in shares of Oshkosh Corporation by 78.1% during the 2nd quarter. Voya Investment Management LLC now owns 39,057 shares of the company’s stock worth $2,690,000 after buying an additional 17,126 shares in the last quarter. Globeflex Capital L P raised its holdings in shares of Oshkosh Corporation by 27.4% during the 2nd quarter. Globeflex Capital L P now owns 13,537 shares of the company’s stock worth $932,000 after buying an additional 2,910 shares in the last quarter. Advisor Group Inc. raised its holdings in shares of Oshkosh Corporation by 5.0% during the 2nd quarter. Advisor Group Inc. now owns 5,920 shares of the company’s stock worth $408,000 after buying an additional 280 shares in the last quarter. Finally, Nordea Investment Management AB acquired a new position in shares of Oshkosh Corporation during the 2nd quarter worth $1,919,000. Hedge funds and other institutional investors own 94.64% of the company’s stock.
OSK has been the subject of a number of research analyst reports. BidaskClub raised Oshkosh Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, June 14th. Bank of America Corporation cut Oshkosh Corporation from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $75.00 to $60.00 in a report on Friday, July 7th. Zacks Investment Research cut Oshkosh Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $85.00 target price on shares of Oshkosh Corporation in a report on Thursday, July 13th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $80.00 target price on shares of Oshkosh Corporation in a report on Thursday, August 3rd. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Oshkosh Corporation presently has an average rating of “Buy” and an average price target of $83.00.
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In other news, VP Robert S. Messina sold 3,400 shares of Oshkosh Corporation stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $75.23, for a total value of $255,782.00. Following the transaction, the vice president now owns 12,558 shares in the company, valued at $944,738.34. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Ignacio A. Cortina sold 4,000 shares of Oshkosh Corporation stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $75.28, for a total value of $301,120.00. Following the completion of the transaction, the executive vice president now owns 11,778 shares in the company, valued at approximately $886,647.84. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,533 shares of company stock worth $3,810,466. Company insiders own 2.00% of the company’s stock.
Shares of Oshkosh Corporation (OSK) opened at 84.59 on Wednesday. The firm has a market cap of $6.33 billion, a PE ratio of 25.10 and a beta of 1.77. Oshkosh Corporation has a 52 week low of $52.00 and a 52 week high of $84.97. The stock has a 50 day moving average price of $77.95 and a 200 day moving average price of $71.00.
Oshkosh Corporation (NYSE:OSK) last released its quarterly earnings data on Wednesday, August 2nd. The company reported $1.84 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.33 by $0.51. The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. Oshkosh Corporation had a return on equity of 14.49% and a net margin of 3.83%. The company’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 earnings per share. Equities analysts expect that Oshkosh Corporation will post $3.96 earnings per share for the current year.
Oshkosh Corporation Company Profile
Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.
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