Oshkosh Corporation (NYSE:OSK) Receives $168.60 Average Price Target from Analysts

Oshkosh Corporation (NYSE:OSK) has been given a consensus recommendation of “Moderate Buy” by the seventeen analysts that are covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $168.60.

Several research analysts recently issued reports on OSK shares. Sanford C. Bernstein set a $138.00 target price on Oshkosh in a research report on Thursday, April 9th. Citigroup cut Oshkosh from a “buy” rating to a “neutral” rating and decreased their price target for the company from $180.00 to $170.00 in a research note on Monday, April 13th. Weiss Ratings lowered Oshkosh from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 12th. Truist Financial upped their target price on Oshkosh from $176.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Finally, Morgan Stanley decreased their target price on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 12th.

Oshkosh Trading Up 2.7%

OSK traded up $3.92 during trading on Monday, reaching $146.69. 709,602 shares of the company’s stock were exchanged, compared to its average volume of 611,705. The company has a current ratio of 1.63, a quick ratio of 0.83 and a debt-to-equity ratio of 0.13. Oshkosh has a one year low of $116.77 and a one year high of $180.49. The firm has a fifty day moving average price of $137.11 and a two-hundred day moving average price of $146.74. The stock has a market capitalization of $9.15 billion, a PE ratio of 16.33, a price-to-earnings-growth ratio of 0.70 and a beta of 1.23.

Oshkosh (NYSE:OSK) last released its quarterly earnings results on Friday, May 8th. The company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.19). The business had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. Oshkosh’s revenue was up .2% on a year-over-year basis. During the same period in the previous year, the business posted $1.92 EPS. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. As a group, equities research analysts forecast that Oshkosh will post 11.01 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were given a dividend of $0.57 per share. The ex-dividend date was Tuesday, May 26th. This represents a $2.28 annualized dividend and a dividend yield of 1.6%. Oshkosh’s dividend payout ratio is 25.39%.

Insiders Place Their Bets

In related news, Director Duncan Palmer sold 505 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total value of $67,599.30. Following the transaction, the director owned 39,684 shares in the company, valued at $5,312,100.24. The trade was a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by corporate insiders.

Institutional Trading of Oshkosh

A number of large investors have recently bought and sold shares of OSK. Southpoint Capital Advisors LP acquired a new position in shares of Oshkosh in the 4th quarter valued at about $175,882,000. Norges Bank acquired a new stake in Oshkosh during the fourth quarter worth approximately $127,907,000. First Trust Advisors LP increased its holdings in Oshkosh by 408.7% in the fourth quarter. First Trust Advisors LP now owns 1,213,804 shares of the company’s stock worth $152,490,000 after purchasing an additional 975,206 shares in the last quarter. Alliancebernstein L.P. increased its holdings in Oshkosh by 908.0% in the third quarter. Alliancebernstein L.P. now owns 913,497 shares of the company’s stock worth $118,481,000 after purchasing an additional 822,874 shares in the last quarter. Finally, Capital Research Global Investors lifted its stake in Oshkosh by 143.9% in the fourth quarter. Capital Research Global Investors now owns 1,193,156 shares of the company’s stock valued at $149,896,000 after buying an additional 704,022 shares during the period. 92.36% of the stock is currently owned by institutional investors and hedge funds.

About Oshkosh

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.