Treasurer of the State of North Carolina Decreases Stock Holdings in Oshkosh Corp (NYSE:OSK)

Treasurer of the State of North Carolina trimmed its position in Oshkosh Corp (NYSE:OSK) by 0.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,192 shares of the company’s stock after selling 204 shares during the quarter. Treasurer of the State of North Carolina’s holdings in Oshkosh were worth $2,855,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Municipal Employees Retirement System of Michigan grew its position in shares of Oshkosh by 1.1% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 12,950 shares of the company’s stock worth $1,081,000 after buying an additional 140 shares during the period. CWM LLC boosted its stake in Oshkosh by 12.2% in the 2nd quarter. CWM LLC now owns 1,419 shares of the company’s stock worth $118,000 after purchasing an additional 154 shares in the last quarter. Huntington National Bank boosted its stake in Oshkosh by 14.6% in the 2nd quarter. Huntington National Bank now owns 1,511 shares of the company’s stock worth $126,000 after purchasing an additional 192 shares in the last quarter. Magnus Financial Group LLC boosted its stake in Oshkosh by 2.5% in the 2nd quarter. Magnus Financial Group LLC now owns 7,882 shares of the company’s stock worth $658,000 after purchasing an additional 192 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in Oshkosh by 13.1% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,904 shares of the company’s stock worth $159,000 after purchasing an additional 221 shares in the last quarter. 89.80% of the stock is currently owned by institutional investors.

OSK opened at $70.22 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.19 and a current ratio of 1.99. The stock has a market capitalization of $4.87 billion, a P/E ratio of 11.04, a P/E/G ratio of 0.72 and a beta of 1.97. The company’s 50-day simple moving average is $72.49 and its two-hundred day simple moving average is $77.20. Oshkosh Corp has a 52-week low of $51.42 and a 52-week high of $86.45.



Oshkosh (NYSE:OSK) last posted its earnings results on Thursday, August 1st. The company reported $2.72 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.37 by $0.35. The business had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.29 billion. Oshkosh had a net margin of 7.04% and a return on equity of 22.70%. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.20 EPS. Research analysts forecast that Oshkosh Corp will post 8.04 EPS for the current fiscal year.

A number of equities analysts recently issued reports on OSK shares. Evercore ISI upgraded shares of Oshkosh from an “in-line” rating to an “outperform” rating and set a $79.00 price target on the stock in a research note on Thursday, August 1st. Dougherty & Co started coverage on shares of Oshkosh in a research note on Wednesday, August 28th. They issued a “buy” rating and a $80.00 price target on the stock. Zacks Investment Research upgraded shares of Oshkosh from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a research note on Thursday, July 11th. JPMorgan Chase & Co. upgraded shares of Oshkosh from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $85.00 to $90.00 in a research note on Wednesday, September 11th. Finally, ValuEngine cut shares of Oshkosh from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 2nd. Four investment analysts have rated the stock with a sell rating, one has assigned a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $84.00.

About Oshkosh

Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation services; and chassis and service parts sales.

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Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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