Insider Selling: Oshkosh Corp (OSK) VP Sells 2,300 Shares of Stock

Oshkosh Corp (NYSE:OSK) VP James C. Freeders sold 2,300 shares of Oshkosh stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $86.70, for a total value of $199,410.00. Following the completion of the sale, the vice president now owns 1,786 shares of the company’s stock, valued at $154,846.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Oshkosh Corp (NYSE:OSK) opened at $86.62 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.86 and a debt-to-equity ratio of 0.35. Oshkosh Corp has a twelve month low of $61.74 and a twelve month high of $100.26. The company has a market capitalization of $6,370.65, a P/E ratio of 17.71, a P/E/G ratio of 1.11 and a beta of 1.54.

Oshkosh (NYSE:OSK) last posted its quarterly earnings results on Thursday, January 25th. The company reported $0.84 EPS for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.29. Oshkosh had a return on equity of 16.64% and a net margin of 4.48%. The company had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the previous year, the firm earned $0.26 EPS. The firm’s revenue was up 31.0% compared to the same quarter last year. analysts anticipate that Oshkosh Corp will post 5.32 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 26th. Stockholders of record on Monday, February 12th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, February 9th. This represents a $0.96 annualized dividend and a dividend yield of 1.11%. Oshkosh’s dividend payout ratio (DPR) is 22.64%.

Several equities research analysts recently commented on OSK shares. KeyCorp reiterated an “overweight” rating and issued a $100.00 price objective (up from $90.00) on shares of Oshkosh in a report on Wednesday, November 1st. SunTrust Banks lifted their price objective on Oshkosh to $102.00 and gave the stock a “buy” rating in a report on Wednesday, January 10th. ValuEngine downgraded Oshkosh from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. JPMorgan Chase & Co. lifted their price objective on Oshkosh from $80.00 to $88.00 and gave the stock a “neutral” rating in a report on Wednesday, November 1st. Finally, Robert W. Baird reiterated a “buy” rating and issued a $97.00 price objective on shares of Oshkosh in a report on Wednesday, November 1st. Three equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. Oshkosh currently has a consensus rating of “Buy” and a consensus price target of $94.54.

Several institutional investors and hedge funds have recently modified their holdings of OSK. Cerebellum GP LLC purchased a new stake in shares of Oshkosh during the 4th quarter worth approximately $130,000. Pitcairn Co. purchased a new stake in shares of Oshkosh during the 4th quarter worth approximately $202,000. Chevy Chase Trust Holdings Inc. purchased a new stake in shares of Oshkosh during the 4th quarter worth approximately $203,000. CIBC Asset Management Inc purchased a new stake in shares of Oshkosh during the 3rd quarter worth approximately $208,000. Finally, Rothschild Investment Corp IL bought a new position in shares of Oshkosh during the 4th quarter valued at approximately $218,000. 93.08% of the stock is currently owned by institutional investors and hedge funds.

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Oshkosh 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.

Insider Buying and Selling by Quarter for Oshkosh (NYSE:OSK)

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