Oshkosh Corp (NYSE:OSK) EVP John J. Bryant Sells 10,036 Shares

Oshkosh Corp (NYSE:OSK) EVP John J. Bryant sold 10,036 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $89.39, for a total transaction of $897,118.04. Following the sale, the executive vice president now owns 15,559 shares of the company’s stock, valued at approximately $1,390,819.01. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

OSK stock traded up $0.57 on Friday, hitting $90.68. The company’s stock had a trading volume of 434,937 shares, compared to its average volume of 624,067. The firm has a 50 day moving average of $81.95 and a two-hundred day moving average of $78.30. Oshkosh Corp has a 1 year low of $56.47 and a 1 year high of $92.63. The stock has a market cap of $6.21 billion, a price-to-earnings ratio of 10.91, a price-to-earnings-growth ratio of 0.92 and a beta of 1.99. The company has a current ratio of 1.96, a quick ratio of 1.24 and a debt-to-equity ratio of 0.32.

Oshkosh (NYSE:OSK) last released its quarterly earnings results on Wednesday, October 30th. The company reported $2.17 EPS for the quarter, beating the consensus estimate of $1.88 by $0.29. Oshkosh had a net margin of 6.91% and a return on equity of 23.21%. The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter in the prior year, the firm earned $1.80 EPS. Oshkosh’s revenue for the quarter was up 6.7% on a year-over-year basis. As a group, equities analysts forecast that Oshkosh Corp will post 7.82 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 18th will be given a $0.30 dividend. This is an increase from Oshkosh’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.20 annualized dividend and a yield of 1.32%. Oshkosh’s dividend payout ratio is 14.44%.

Several analysts have recently weighed in on the stock. Evercore ISI upgraded shares of Oshkosh from an “in-line” rating to an “outperform” rating and set a $79.00 price objective for the company in a research report on Thursday, August 1st. Buckingham Research upgraded shares of Oshkosh from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $96.00 to $105.00 in a research report on Monday, November 11th. JPMorgan Chase & Co. upgraded shares of Oshkosh from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $85.00 to $90.00 in a research report on Wednesday, September 11th. Robert W. Baird upgraded shares of Oshkosh from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $74.00 to $101.00 in a research report on Thursday, October 24th. Finally, Dougherty & Co assumed coverage on shares of Oshkosh in a research report on Wednesday, August 28th. They set a “buy” rating and a $80.00 price objective for the company. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $90.00.

Hedge funds have recently added to or reduced their stakes in the stock. Prudential Financial Inc. increased its stake in Oshkosh by 95.6% in the 2nd quarter. Prudential Financial Inc. now owns 1,775,463 shares of the company’s stock valued at $148,234,000 after buying an additional 867,889 shares during the period. AQR Capital Management LLC increased its stake in Oshkosh by 47.0% in the 2nd quarter. AQR Capital Management LLC now owns 1,999,373 shares of the company’s stock valued at $166,128,000 after buying an additional 639,237 shares during the period. BlackRock Inc. increased its stake in Oshkosh by 8.8% in the 2nd quarter. BlackRock Inc. now owns 6,823,696 shares of the company’s stock valued at $569,711,000 after buying an additional 549,796 shares during the period. Bank of America Corp DE increased its stake in Oshkosh by 37.7% in the 2nd quarter. Bank of America Corp DE now owns 924,393 shares of the company’s stock valued at $77,179,000 after buying an additional 252,874 shares during the period. Finally, Nuveen Asset Management LLC increased its stake in Oshkosh by 61.0% in the 2nd quarter. Nuveen Asset Management LLC now owns 574,057 shares of the company’s stock valued at $47,928,000 after buying an additional 217,498 shares during the period. Hedge funds and other institutional investors own 88.24% of the company’s stock.

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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Insider Buying and Selling by Quarter for Oshkosh (NYSE:OSK)

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