Sigma Planning Corp Invests $1.88 Million in Oshkosh Corp (OSK) Stock
Sigma Planning Corp bought a new stake in Oshkosh Corp (NYSE:OSK) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,728 shares of the company’s stock, valued at approximately $1,884,000.
A number of other large investors also recently modified their holdings of OSK. Swiss National Bank grew its holdings in shares of Oshkosh by 2.5% during the 4th quarter. Swiss National Bank now owns 127,400 shares of the company’s stock worth $11,579,000 after purchasing an additional 3,100 shares during the period. M&T Bank Corp grew its holdings in shares of Oshkosh by 26.0% during the 4th quarter. M&T Bank Corp now owns 8,339 shares of the company’s stock worth $759,000 after purchasing an additional 1,723 shares during the period. Teacher Retirement System of Texas grew its holdings in shares of Oshkosh by 313.2% during the 4th quarter. Teacher Retirement System of Texas now owns 25,519 shares of the company’s stock worth $2,319,000 after purchasing an additional 19,343 shares during the period. ING Groep NV grew its holdings in shares of Oshkosh by 23.8% during the 4th quarter. ING Groep NV now owns 11,342 shares of the company’s stock worth $1,031,000 after purchasing an additional 2,178 shares during the period. Finally, Emerald Advisers Inc. PA purchased a new position in shares of Oshkosh during the 4th quarter worth $851,000. Institutional investors own 93.08% of the company’s stock.
A number of equities analysts have recently weighed in on the company. Evercore ISI upgraded Oshkosh from an “in-line” rating to an “outperform” rating in a report on Friday. ValuEngine upgraded Oshkosh from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Stifel Nicolaus raised their target price on Oshkosh from $100.00 to $106.00 and gave the company a “buy” rating in a report on Friday, January 26th. KeyCorp restated a “buy” rating and set a $104.00 target price on shares of Oshkosh in a report on Friday, January 26th. Finally, SunTrust Banks restated a “buy” rating on shares of Oshkosh in a report on Friday, January 26th. Three equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Oshkosh currently has an average rating of “Buy” and an average price target of $94.54.
Shares of Oshkosh Corp (NYSE OSK) opened at $86.52 on Monday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.86 and a quick ratio of 1.08. The stock has a market capitalization of $6,456.47, a PE ratio of 17.95, a price-to-earnings-growth ratio of 1.12 and a beta of 1.53. Oshkosh Corp has a 12-month low of $61.74 and a 12-month high of $100.26.
Oshkosh (NYSE:OSK) last issued its earnings results on Thursday, January 25th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.29. Oshkosh had a return on equity of 16.64% and a net margin of 4.48%. The business had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter last year, the company earned $0.26 EPS. The business’s quarterly revenue was up 31.0% on a year-over-year basis. equities research analysts expect that Oshkosh Corp will post 5.32 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 26th. Stockholders of record on Monday, February 12th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Friday, February 9th. Oshkosh’s dividend payout ratio (DPR) is presently 22.64%.
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.
Want to see what other hedge funds are holding OSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oshkosh Corp (NYSE:OSK).
Receive News & Ratings for Oshkosh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oshkosh and related companies with MarketBeat.com's FREE daily email newsletter.