Peterson Wealth Services Sells 55,284 Shares of Oshkosh Corporation $OSK

Peterson Wealth Services lowered its stake in shares of Oshkosh Corporation (NYSE:OSK) by 97.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,668 shares of the company’s stock after selling 55,284 shares during the quarter. Peterson Wealth Services’ holdings in Oshkosh were worth $210,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of OSK. Murphy Middleton Hinkle & Parker Inc. bought a new position in Oshkosh during the 4th quarter valued at about $4,183,000. Jupiter Asset Management Ltd. bought a new position in Oshkosh during the 3rd quarter valued at about $3,146,000. JPMorgan Chase & Co. grew its holdings in Oshkosh by 4.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 175,693 shares of the company’s stock valued at $22,789,000 after purchasing an additional 7,339 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in Oshkosh by 1,945.0% during the 4th quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company’s stock valued at $53,468,000 after purchasing an additional 404,788 shares during the last quarter. Finally, ING Groep NV bought a new position in Oshkosh during the 3rd quarter valued at about $5,772,000. Institutional investors own 92.36% of the company’s stock.

Insider Activity

In other news, Director Duncan Palmer sold 505 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total transaction of $67,599.30. Following the transaction, the director directly owned 39,684 shares in the company, valued at approximately $5,312,100.24. This trade represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on OSK shares. Weiss Ratings upgraded shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, May 26th. Wall Street Zen downgraded Oshkosh from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Zacks Research upgraded shares of Oshkosh from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. JPMorgan Chase & Co. dropped their target price on shares of Oshkosh from $158.00 to $145.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Finally, Robert W. Baird dropped their target price on shares of Oshkosh from $175.00 to $172.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. Eleven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $165.38.

Oshkosh Price Performance

NYSE OSK opened at $134.43 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.63. The firm’s 50 day moving average price is $139.71 and its 200-day moving average price is $144.70. Oshkosh Corporation has a 52-week low of $106.37 and a 52-week high of $180.49. The company has a market cap of $8.38 billion, a PE ratio of 14.97, a P/E/G ratio of 0.62 and a beta of 1.26.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Friday, May 8th. The company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.19). Oshkosh had a net margin of 5.54% and a return on equity of 13.90%. The business had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the prior year, the business posted $1.92 earnings per share. Oshkosh’s revenue for the quarter was up .2% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Sell-side analysts forecast that Oshkosh Corporation will post 11 EPS for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were paid a dividend of $0.57 per share. The ex-dividend date was Tuesday, May 26th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.7%. Oshkosh’s dividend payout ratio (DPR) is currently 25.39%.

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.