Oshkosh Corp (OSK) VP James W. Johnson Sells 22,300 Shares
Oshkosh Corp (NYSE:OSK) VP James W. Johnson sold 22,300 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $90.59, for a total value of $2,020,157.00. Following the sale, the vice president now directly owns 51,673 shares of the company’s stock, valued at $4,681,057.07. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Oshkosh Corp (NYSE OSK) traded down $1.15 during trading hours on Monday, hitting $88.89. 696,200 shares of the company traded hands, compared to its average volume of 682,779. Oshkosh Corp has a twelve month low of $61.74 and a twelve month high of $94.16. The company has a quick ratio of 1.09, a current ratio of 1.81 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $6,681.88, a PE ratio of 20.97, a PEG ratio of 1.18 and a beta of 1.84.
Oshkosh (NYSE:OSK) last released its earnings results on Tuesday, October 31st. The company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.36. Oshkosh had a net margin of 4.18% and a return on equity of 15.14%. The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.90 billion. During the same period last year, the business earned $1.05 earnings per share. The firm’s revenue was up 11.8% on a year-over-year basis. research analysts predict that Oshkosh Corp will post 4.55 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 16th were paid a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, November 15th. This is a boost from Oshkosh’s previous quarterly dividend of $0.21. This represents a $0.96 annualized dividend and a dividend yield of 1.08%. Oshkosh’s dividend payout ratio (DPR) is currently 25.53%.
Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in shares of Oshkosh by 3.7% in the second quarter. Vanguard Group Inc. now owns 7,019,731 shares of the company’s stock valued at $483,519,000 after buying an additional 251,809 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Oshkosh by 18.4% in the third quarter. JPMorgan Chase & Co. now owns 2,742,675 shares of the company’s stock valued at $226,765,000 after buying an additional 426,359 shares in the last quarter. Thrivent Financial For Lutherans grew its stake in shares of Oshkosh by 0.3% in the second quarter. Thrivent Financial For Lutherans now owns 1,947,210 shares of the company’s stock valued at $134,123,000 after buying an additional 6,350 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Oshkosh by 0.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,866,855 shares of the company’s stock valued at $154,091,000 after purchasing an additional 6,460 shares during the last quarter. Finally, Great West Life Assurance Co. Can lifted its holdings in Oshkosh by 1.5% during the 3rd quarter. Great West Life Assurance Co. Can now owns 1,687,953 shares of the company’s stock valued at $139,219,000 after purchasing an additional 25,189 shares during the last quarter. 93.61% of the stock is owned by institutional investors and hedge funds.
Several equities analysts have recently weighed in on the stock. Stifel Nicolaus reaffirmed a “buy” rating and set a $100.00 price target on shares of Oshkosh in a research note on Wednesday, November 1st. KeyCorp reaffirmed an “overweight” rating and set a $100.00 price target (up from $90.00) on shares of Oshkosh in a research note on Wednesday, November 1st. Robert W. Baird reaffirmed a “buy” rating and set a $97.00 price target on shares of Oshkosh in a research note on Wednesday, November 1st. J P Morgan Chase & Co raised their price target on shares of Oshkosh from $80.00 to $88.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 1st. Finally, Jefferies Group raised their price target on shares of Oshkosh from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Five equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $92.85.
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Oshkosh Company Profile
Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.
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