Sanctuary Advisors LLC Purchases Shares of 12,480 Oshkosh Corporation $OSK

Sanctuary Advisors LLC purchased a new stake in Oshkosh Corporation (NYSE:OSK) during the second quarter, Holdings Channel reports. The firm purchased 12,480 shares of the company’s stock, valued at approximately $1,915,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tower View Wealth Management LLC purchased a new stake in Oshkosh during the first quarter valued at approximately $29,000. Torren Management LLC purchased a new position in Oshkosh in the fourth quarter worth $30,000. Basepoint Wealth LLC purchased a new position in Oshkosh in the fourth quarter worth $51,000. Global Retirement Partners LLC increased its position in shares of Oshkosh by 284.9% during the fourth quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock worth $51,000 after purchasing an additional 302 shares in the last quarter. Finally, Whittier Trust Co. increased its position in shares of Oshkosh by 33.7% during the first quarter. Whittier Trust Co. now owns 373 shares of the company’s stock worth $55,000 after purchasing an additional 94 shares in the last quarter. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on OSK. Evercore restated an “outperform” rating and set a $181.00 target price on shares of Oshkosh in a research note on Monday, May 11th. Truist Financial raised their price target on Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Wall Street Zen upgraded Oshkosh from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. Robert W. Baird upped their price objective on shares of Oshkosh from $172.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Oshkosh from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Eleven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Oshkosh presently has an average rating of “Moderate Buy” and a consensus target price of $170.71.

Oshkosh Trading Up 1.3%

Shares of NYSE:OSK opened at $157.23 on Thursday. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13. Oshkosh Corporation has a 52-week low of $116.77 and a 52-week high of $180.49. The stock has a market cap of $9.71 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 0.95 and a beta of 1.25. The business has a 50-day moving average price of $148.72 and a 200-day moving average price of $148.20.

Oshkosh (NYSE:OSK) last issued its quarterly earnings results 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 company had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the prior year, the company earned $3.41 EPS. Oshkosh’s quarterly revenue was up 6.7% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Equities analysts predict that Oshkosh Corporation will post 10.72 EPS for the current year.

Oshkosh Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, August 13th. Oshkosh’s dividend payout ratio (DPR) is 26.09%.

Oshkosh 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.