Precision Wealth Strategies LLC Buys Shares of 5,647 Oshkosh Corporation $OSK

Precision Wealth Strategies LLC purchased a new position in shares of Oshkosh Corporation (NYSE:OSK) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,647 shares of the company’s stock, valued at approximately $732,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ProShare Advisors LLC raised its position in Oshkosh by 3.1% in the second quarter. ProShare Advisors LLC now owns 2,855 shares of the company’s stock valued at $324,000 after purchasing an additional 87 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in Oshkosh by 6.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,763 shares of the company’s stock valued at $200,000 after buying an additional 100 shares during the last quarter. Farther Finance Advisors LLC boosted its position in Oshkosh by 21.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 593 shares of the company’s stock worth $67,000 after buying an additional 106 shares during the period. Whittier Trust Co. grew its holdings in Oshkosh by 69.1% during the 2nd quarter. Whittier Trust Co. now owns 279 shares of the company’s stock worth $32,000 after acquiring an additional 114 shares during the last quarter. Finally, Brighton Jones LLC grew its holdings in Oshkosh by 1.9% during the 3rd quarter. Brighton Jones LLC now owns 6,212 shares of the company’s stock worth $806,000 after acquiring an additional 114 shares during the last quarter. Institutional investors own 92.36% of the company’s stock.

Oshkosh Trading Down 0.5%

NYSE OSK opened at $130.43 on Friday. The stock has a market capitalization of $8.25 billion, a P/E ratio of 12.72, a P/E/G ratio of 1.65 and a beta of 1.41. The business has a 50 day simple moving average of $128.01 and a 200 day simple moving average of $128.51. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.98 and a quick ratio of 0.99. Oshkosh Corporation has a one year low of $76.82 and a one year high of $144.30.

Oshkosh (NYSE:OSK) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $3.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.12 by $0.08. The firm had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.84 billion. Oshkosh had a return on equity of 16.60% and a net margin of 6.43%.The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.93 EPS. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. Research analysts expect that Oshkosh Corporation will post 10.96 earnings per share for the current year.

Oshkosh Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were issued a dividend of $0.51 per share. The ex-dividend date was Monday, November 17th. This represents a $2.04 annualized dividend and a dividend yield of 1.6%. Oshkosh’s dividend payout ratio is currently 19.90%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on OSK. KeyCorp reaffirmed an “overweight” rating on shares of Oshkosh in a research note on Thursday, December 18th. Wall Street Zen raised Oshkosh from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Barclays initiated coverage on Oshkosh in a report on Tuesday, November 25th. They set an “overweight” rating and a $150.00 target price on the stock. Zacks Research cut Oshkosh from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Wells Fargo & Company initiated coverage on Oshkosh in a research note on Thursday, November 13th. They issued an “overweight” rating and a $144.00 price objective on the stock. Thirteen research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $149.56.

Oshkosh Company Profile

Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.