Oshkosh (NYSE:OSK) Downgraded by Wall Street Zen to “Hold”

Oshkosh (NYSE:OSK) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday, Wall Street Zen reports.

A number of other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Oshkosh from $150.00 to $132.00 and set a “neutral” rating on the stock in a report on Thursday, October 8th. Citigroup cut their price objective on Oshkosh from $155.00 to $135.00 and set a “neutral” rating for the company in a research note on Monday, October 12th. Truist Financial dropped their price objective on Oshkosh from $196.00 to $174.00 and set a “buy” rating for the company in a research note on Monday, October 5th. Barclays boosted their price target on shares of Oshkosh from $150.00 to $170.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Finally, Robert W. Baird upped their price target on shares of Oshkosh from $172.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Eleven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Oshkosh currently has a consensus rating of “Moderate Buy” and an average price target of $165.79.

Oshkosh Price Performance

OSK stock opened at $131.57 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.96 and a current ratio of 1.72. The firm has a market capitalization of $8.12 billion, a price-to-earnings ratio of 15.05, a PEG ratio of 1.02 and a beta of 1.26. The firm has a 50 day moving average price of $141.45 and a 200-day moving average price of $142.43. Oshkosh has a 52-week low of $116.77 and a 52-week high of $180.49.

Oshkosh (NYSE:OSK) last posted its earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.24. The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.80 billion. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the company earned $3.41 EPS. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Equities research analysts forecast that Oshkosh will post 10.54 EPS for the current fiscal year.

Insider Buying and Selling at Oshkosh

In other news, Director John Pfeifer sold 778 shares of the firm’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $150.00, for a total transaction of $116,700.00. Following the sale, the director directly owned 150,669 shares in the company, valued at $22,600,350. This trade represents a 0.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Oshkosh

Several hedge funds and other institutional investors have recently modified their holdings of the business. Annex Advisory Services LLC raised its stake in Oshkosh by 2.8% in the 2nd quarter. Annex Advisory Services LLC now owns 2,967 shares of the company’s stock worth $455,000 after purchasing an additional 80 shares in the last quarter. World Investment Advisors increased its position in shares of Oshkosh by 4.7% in the first quarter. World Investment Advisors now owns 1,809 shares of the company’s stock worth $266,000 after purchasing an additional 82 shares during the period. Waverly Advisors LLC grew its stake in Oshkosh by 0.5% during the first quarter. Waverly Advisors LLC now owns 18,595 shares of the company’s stock worth $2,737,000 after buying an additional 90 shares in the last quarter. Personal CFO Solutions LLC raised its position in shares of 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 in the last quarter. Finally, Whittier Trust Co. increased its stake in Oshkosh by 33.7% in the first quarter. Whittier Trust Co. now owns 373 shares of the company’s stock valued at $55,000 after acquiring an additional 94 shares during the last quarter. 92.36% of the stock is owned by hedge funds and other institutional investors.

About Oshkosh

Oshkosh Corporation (NYSE: OSK) is a manufacturer of specialty vehicles, vehicle bodies and related equipment for commercial, government and industrial customers. The company serves markets that require purpose-built vehicles designed for demanding operating conditions, including defense, emergency response, construction, aviation support and municipal services.

Oshkosh’s product portfolio includes military vehicles and systems, fire apparatus, airport rescue and firefighting vehicles, refuse collection vehicles, concrete mixers, snow and ice removal equipment, and other vocational trucks.