32,057 Shares in Oshkosh Corporation $OSK Bought by PEAK6 LLC

PEAK6 LLC purchased a new stake in Oshkosh Corporation (NYSE:OSK) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 32,057 shares of the company’s stock, valued at approximately $4,920,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in OSK. Meiji Yasuda Asset Management Co Ltd. bought a new stake in Oshkosh in the second quarter valued at about $224,000. Bank of Nova Scotia bought a new position in Oshkosh during the second quarter worth about $601,000. Commerce Bank bought a new position in Oshkosh during the second quarter worth about $644,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Oshkosh during the second quarter valued at approximately $421,000. Finally, Quantbot Technologies LP bought a new stake in shares of Oshkosh in the 2nd quarter valued at approximately $275,000. 92.36% of the stock is owned by institutional investors.

Oshkosh Price Performance

OSK opened at $156.96 on Monday. Oshkosh Corporation has a one year low of $116.77 and a one year high of $180.49. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.72 and a quick ratio of 0.96. The company’s 50 day simple moving average is $147.59 and its 200-day simple moving average is $148.35. The stock has a market capitalization of $9.69 billion, a P/E ratio of 17.96, a price-to-earnings-growth ratio of 0.96 and a beta of 1.25.

Oshkosh (NYSE:OSK) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.24. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The firm had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter in the previous year, the company posted $3.41 EPS. Oshkosh’s revenue was up 6.7% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Sell-side analysts anticipate that Oshkosh Corporation will post 10.72 earnings per share for the current fiscal year.

Oshkosh Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be given a dividend of $0.57 per share. The ex-dividend date is Thursday, August 13th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.5%. Oshkosh’s payout ratio is presently 26.09%.

Wall Street Analyst Weigh In

Several analysts recently commented on OSK shares. Evercore reaffirmed an “outperform” rating and issued a $181.00 price target on shares of Oshkosh in a research note on Monday, May 11th. Truist Financial lifted their price objective on Oshkosh from $176.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Zacks Research lowered shares of Oshkosh from a “hold” rating to a “strong sell” rating in a report on Thursday, July 23rd. DA Davidson increased their target price on shares of Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Wall Street Zen upgraded shares of Oshkosh from a “hold” rating to a “buy” rating in a research report on Saturday. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $171.33.

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.