Oshkosh (NYSE:OSK) Raised to “Buy” at Wall Street Zen

Oshkosh (NYSE:OSK) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other analysts also recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of Oshkosh from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Zacks Research cut shares of Oshkosh from a “hold” rating to a “strong sell” rating in a report on Thursday, July 23rd. Morgan Stanley reduced their price objective on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 12th. Truist Financial raised their price objective on shares of Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Finally, DA Davidson boosted their target price on shares of Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Eleven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $171.33.

Oshkosh Trading Down 0.1%

NYSE:OSK opened at $156.96 on Friday. The stock has a market cap of $9.69 billion, a price-to-earnings ratio of 17.96, a price-to-earnings-growth ratio of 0.96 and a beta of 1.25. Oshkosh has a one year low of $116.77 and a one year high of $180.49. 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 business’s 50-day simple moving average is $147.59 and its 200 day simple moving average is $148.35.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.24. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.The firm had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.80 billion. During the same quarter last year, the firm 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. As a group, sell-side analysts predict that Oshkosh will post 10.72 earnings per share for the current fiscal year.

Institutional Trading of Oshkosh

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in Oshkosh in the second quarter worth $913,816,000. Dimensional Fund Advisors LP boosted its holdings in shares of Oshkosh by 1.5% during the first quarter. Dimensional Fund Advisors LP now owns 3,051,511 shares of the company’s stock valued at $449,166,000 after acquiring an additional 46,306 shares during the period. LSV Asset Management grew its position in shares of Oshkosh by 0.9% during the fourth quarter. LSV Asset Management now owns 1,913,769 shares of the company’s stock worth $240,427,000 after acquiring an additional 17,944 shares during the last quarter. Invesco Ltd. grew its position in shares of Oshkosh by 20.4% during the fourth quarter. Invesco Ltd. now owns 1,777,735 shares of the company’s stock worth $223,337,000 after acquiring an additional 300,766 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Oshkosh by 25.4% in the 2nd quarter. AQR Capital Management LLC now owns 1,709,338 shares of the company’s stock worth $193,728,000 after acquiring an additional 345,782 shares during the period. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Company 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.