Oshkosh (NYSE:OSK) Cut to Hold at Wall Street Zen

by · The Markets Daily

Wall Street Zen cut shares of Oshkosh (NYSE:OSK – Free Report) from a buy rating to a hold rating in a research report report published on Sunday.

OSK has been the subject of a number of other research reports. Robert W. Baird increased their target price on shares of Oshkosh from $172.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. 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 report on Wednesday, July 29th. Weiss Ratings raised shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Citigroup cut shares of Oshkosh from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $180.00 to $170.00 in a report on Monday, April 13th. Finally, DA Davidson raised their price objective on shares of Oshkosh from $168.00 to $176.00 and gave the company a “buy” rating in a research note 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 issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $171.33.

Get Our Latest Stock Analysis on Oshkosh

Oshkosh Stock Up 0.3%

OSK stock opened at $155.78 on Friday. Oshkosh has a fifty-two week low of $116.77 and a fifty-two week high of $180.49. The stock has a market cap of $9.62 billion, a PE ratio of 17.82, a price-to-earnings-growth ratio of 0.95 and a beta of 1.25. The firm’s 50-day simple moving average is $144.31 and its 200 day simple moving average is $148.18. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.24. The firm had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.80 billion. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%.The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.41 EPS. 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 EPS for the current year.

Oshkosh Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be given a $0.57 dividend. The ex-dividend date is Thursday, August 13th. This represents a $2.28 annualized dividend and a yield of 1.5%. Oshkosh’s payout ratio is 26.09%.

Hedge Funds Weigh In On Oshkosh

Several large investors have recently made changes to their positions in OSK. Ieq Capital LLC acquired a new position in shares of Oshkosh in the 2nd quarter worth approximately $20,190,000. Callan Family Office LLC acquired a new stake in Oshkosh during the second quarter valued at approximately $2,417,000. Paralel Advisors LLC acquired a new stake in Oshkosh during the second quarter valued at approximately $2,409,000. Allworth Financial LP bought a new stake in Oshkosh during the second quarter worth approximately $449,000. Finally, Vise Technologies Inc. bought a new stake in Oshkosh during the second quarter worth approximately $323,000. Institutional investors own 92.36% of the company’s stock.

About Oshkosh

(Get Free Report)

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.

Further Reading