Oshkosh (NYSE:OSK) Stock Gets Price Target Trim from Citigroup

Oshkosh (NYSE:OSK) had its price target reduced by stock analysts at Citigroup from $155.00 to $135.00 in a research note issued on Monday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s price objective would suggest a potential upside of 6.57% from the stock’s previous close.

A number of other brokerages have also commented on OSK. Barclays upped their price objective on shares of Oshkosh from $150.00 to $170.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Oshkosh in a research note on Friday. JPMorgan Chase & Co. decreased their target price on Oshkosh from $150.00 to $132.00 and set a “neutral” rating on the stock in a research report on Thursday. DA Davidson boosted their price target on Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, Wall Street Zen raised Oshkosh from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $165.79.

Oshkosh Stock Performance

OSK stock traded up $1.45 on Monday, reaching $126.67. 554,649 shares of the company were exchanged, compared to its average volume of 741,131. Oshkosh has a 12 month low of $116.77 and a 12 month high of $180.49. The stock’s fifty day moving average price is $146.19 and its 200 day moving average price is $143.47. The firm has a market capitalization of $7.82 billion, a PE ratio of 14.49, a PEG ratio of 0.92 and a beta of 1.26. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.72 and a quick ratio of 0.96.

Oshkosh (NYSE:OSK) last released its earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, beating 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 period in the prior year, the company earned $3.41 EPS. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. On average, research analysts anticipate that Oshkosh will post 10.75 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director John Pfeifer sold 778 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $150.00, for a total value of $116,700.00. Following the completion of the transaction, the director owned 150,669 shares of the company’s stock, valued at $22,600,350. This represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sacks & Associates LLC bought a new stake in shares of Oshkosh in the 3rd quarter valued at approximately $271,000. GK Wealth Management LLC bought a new position in shares of Oshkosh during the 3rd quarter worth approximately $47,000. GAMMA Investing LLC lifted its position in shares of Oshkosh by 17.0% during the 3rd quarter. GAMMA Investing LLC now owns 1,262 shares of the company’s stock worth $163,000 after buying an additional 183 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Oshkosh by 56.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,832 shares of the company’s stock worth $236,000 after buying an additional 662 shares during the period. Finally, Valeo Financial Advisors LLC acquired a new stake in Oshkosh in the 3rd quarter valued at $208,000. Institutional investors own 92.36% of the company’s stock.

About Oshkosh

Oshkosh Corporation (NYSE: OSK) is a specialty vehicle and equipment manufacturer headquartered in Oshkosh, Wisconsin. Founded in 1917, the company develops products for demanding applications in construction, infrastructure, emergency response, defense, and other commercial and industrial markets.

Its products include access equipment such as aerial work platforms and telehandlers, vocational trucks and truck bodies, refuse and concrete equipment, airport ground-support vehicles, and fire and emergency vehicles.