Oshkosh (NYSE:OSK) Hits New 1-Year High Following Analyst Upgrade
by Renee Jackson · The Cerbat GemOshkosh Corporation (NYSE:OSK – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday after Bank of America upgraded the stock from an underperform rating to a neutral rating. Bank of America now has a $149.00 price target on the stock. Oshkosh traded as high as $159.00 and last traded at $159.1920, with a volume of 864499 shares changing hands. The stock had previously closed at $149.48.
Several other research firms have also commented on OSK. KeyCorp restated an “overweight” rating on shares of Oshkosh in a research report on Thursday, December 18th. Sanford C. Bernstein raised their target price on Oshkosh from $132.00 to $140.00 and gave the company a “market perform” rating in a report on Friday, December 19th. JPMorgan Chase & Co. boosted their price target on shares of Oshkosh from $145.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday. Weiss Ratings reissued a “buy (b-)” rating on shares of Oshkosh in a research report on Thursday, January 22nd. Finally, Wall Street Zen downgraded Oshkosh from a “buy” rating to a “hold” rating in a report on Saturday. Twelve analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $159.60.
View Our Latest Report on Oshkosh
Oshkosh News Roundup
Here are the key news stories impacting Oshkosh this week:
- Positive Sentiment: Bank of America upgraded OSK from “underperform” to “neutral,” signaling reduced downside concern from that shop despite a $149 price target. This upgrade supports buyer interest. Finviz: BofA upgrade TickerReport: BofA upgrade
- Positive Sentiment: Citigroup trimmed its price target from $175 to $170 but kept a “buy” rating, implying roughly mid‑single‑digit upside and continued conviction in longer‑term upside. Benzinga: Citigroup PT change
- Positive Sentiment: Seeking Alpha published an upgrade/analysis arguing OSK looks undervalued despite uncertainties — narrative support that can attract value‑oriented buyers. Seeking Alpha: Upgrade/analysis
- Positive Sentiment: Oshkosh announced an upcoming dividend that will be larger than last year’s, a direct positive for income investors and a sign of cash‑flow confidence. Yahoo Finance: Dividend article
- Positive Sentiment: An AmericanBankingNews note raised a price target to $155, reinforcing near‑term support for the stock around current levels. AmericanBankingNews: PT raised
- Neutral Sentiment: Zacks published a piece framing OSK as having mixed Q4 signals — EPS slipped (miss) while sales rose, with strong Vocational and Transport offsetting Access weakness. This keeps catalysts ambiguous until guidance clarity. Zacks: Q4 analysis
- Negative Sentiment: Morgan Stanley cut its price target from $155 to $144 and moved to an “equal weight” rating, flagging near‑term downside risk and providing a headwind for the shares. Benzinga: Morgan Stanley PT cut
Institutional Investors Weigh In On Oshkosh
Several large investors have recently modified their holdings of the stock. American Century Companies Inc. boosted its holdings in Oshkosh by 22.8% in the 2nd quarter. American Century Companies Inc. now owns 2,858,787 shares of the company’s stock valued at $324,587,000 after purchasing an additional 529,907 shares in the last quarter. LSV Asset Management boosted its stake in shares of Oshkosh by 1.7% in the third quarter. LSV Asset Management now owns 1,895,825 shares of the company’s stock valued at $245,889,000 after buying an additional 31,401 shares in the last quarter. AQR Capital Management LLC grew its holdings in Oshkosh by 25.4% during the second 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. Invesco Ltd. raised its position in Oshkosh by 26.3% in the third quarter. Invesco Ltd. now owns 1,476,969 shares of the company’s stock worth $191,563,000 after acquiring an additional 307,949 shares in the last quarter. Finally, Bank of America Corp DE raised its position in Oshkosh by 2.4% in the second quarter. Bank of America Corp DE now owns 1,090,142 shares of the company’s stock worth $123,775,000 after acquiring an additional 25,125 shares in the last quarter. Hedge funds and other institutional investors own 92.36% of the company’s stock.
Oshkosh Trading Up 6.5%
The business’s fifty day moving average is $137.43 and its 200 day moving average is $133.95. The stock has a market cap of $10.07 billion, a PE ratio of 15.89, a P/E/G ratio of 2.07 and a beta of 1.43. The company has a quick ratio of 1.05, a current ratio of 1.94 and a debt-to-equity ratio of 0.24.
Oshkosh (NYSE:OSK – Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The company reported $2.26 earnings per share for the quarter, missing the consensus estimate of $2.33 by ($0.07). The company had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.60 billion. Oshkosh had a return on equity of 15.69% and a net margin of 6.21%.The business’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.58 EPS. As a group, analysts predict that Oshkosh Corporation will post 10.96 earnings per share for the current year.
Oshkosh Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th will be given a $0.57 dividend. This is a boost from Oshkosh’s previous quarterly dividend of $0.51. This represents a $2.28 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, February 17th. Oshkosh’s dividend payout ratio is 20.36%.
About Oshkosh
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.