North Star Asset Management Inc. Buys New Stake in Oshkosh Corporation $OSK

North Star Asset Management Inc. purchased a new stake in shares of Oshkosh Corporation (NYSE:OSK) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,437 shares of the company’s stock, valued at approximately $1,295,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in OSK. Annex Advisory Services LLC increased its stake in shares of Oshkosh by 2.8% in the second quarter. Annex Advisory Services LLC now owns 2,967 shares of the company’s stock worth $455,000 after purchasing an additional 80 shares during the period. World Investment Advisors boosted its stake in Oshkosh by 4.7% during the 1st quarter. World Investment Advisors now owns 1,809 shares of the company’s stock valued at $266,000 after purchasing an additional 82 shares during the period. IFP Advisors Inc boosted its stake in Oshkosh by 11.7% during the 4th quarter. IFP Advisors Inc now owns 838 shares of the company’s stock valued at $105,000 after purchasing an additional 88 shares during the period. Waverly Advisors LLC grew its holdings in Oshkosh by 0.5% in the 1st quarter. Waverly Advisors LLC now owns 18,595 shares of the company’s stock valued at $2,737,000 after buying an additional 90 shares during the last quarter. Finally, Personal CFO Solutions LLC grew its holdings in Oshkosh by 4.8% in the 1st quarter. Personal CFO Solutions LLC now owns 1,992 shares of the company’s stock valued at $293,000 after buying an additional 92 shares during the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on OSK shares. DA Davidson upped their price target on Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. raised their price objective on shares of Oshkosh from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Morgan Stanley dropped their target price on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 12th. Weiss Ratings raised shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. Finally, Barclays raised their price target on shares of Oshkosh from $150.00 to $170.00 and gave the stock an “overweight” 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $170.71.

Oshkosh Price Performance

Shares of OSK stock opened at $154.37 on Friday. Oshkosh Corporation has a 12 month low of $116.77 and a 12 month high of $180.49. The company has a market capitalization of $9.53 billion, a P/E ratio of 17.66, a P/E/G ratio of 0.96 and a beta of 1.25. The stock has a 50 day moving average of $149.34 and a two-hundred day moving average of $148.14. The company has a current ratio of 1.72, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13.

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

Oshkosh Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were issued a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, August 13th. Oshkosh’s payout ratio 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.