Chicago Equity Partners LLC Has $6.26 Million Stake in Oshkosh Corp (OSK)

Chicago Equity Partners LLC reduced its stake in shares of Oshkosh Corp (NYSE:OSK) by 16.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 102,135 shares of the company’s stock after selling 19,955 shares during the quarter. Chicago Equity Partners LLC owned 0.15% of Oshkosh worth $6,262,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in OSK. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Oshkosh during the 4th quarter worth $26,000. Capital Investment Advisory Services LLC bought a new stake in shares of Oshkosh during the 4th quarter worth $35,000. CWM LLC lifted its position in shares of Oshkosh by 104.0% during the 4th quarter. CWM LLC now owns 1,265 shares of the company’s stock worth $78,000 after buying an additional 645 shares during the last quarter. Huntington National Bank lifted its position in shares of Oshkosh by 57.6% during the 4th quarter. Huntington National Bank now owns 1,554 shares of the company’s stock worth $95,000 after buying an additional 568 shares during the last quarter. Finally, Point72 Hong Kong Ltd bought a new stake in shares of Oshkosh during the 3rd quarter worth $106,000. 89.97% of the stock is currently owned by institutional investors.

Oshkosh stock opened at $75.63 on Monday. The company has a quick ratio of 1.12, a current ratio of 1.99 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $5.30 billion, a price-to-earnings ratio of 11.89, a PEG ratio of 0.89 and a beta of 1.94. Oshkosh Corp has a 12 month low of $51.42 and a 12 month high of $87.88.

Oshkosh (NYSE:OSK) last posted its earnings results on Wednesday, January 30th. The company reported $1.61 EPS for the quarter, beating the consensus estimate of $0.94 by $0.67. The firm had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.67 billion. Oshkosh had a return on equity of 21.83% and a net margin of 6.62%. The business’s quarterly revenue was up 13.7% on a year-over-year basis. During the same period last year, the company earned $0.84 earnings per share. On average, research analysts anticipate that Oshkosh Corp will post 7.48 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Friday, February 15th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date is Thursday, February 14th. Oshkosh’s dividend payout ratio is currently 16.98%.

Several brokerages recently weighed in on OSK. Zacks Investment Research upgraded Oshkosh from a “hold” rating to a “buy” rating and set a $82.00 price objective for the company in a research report on Friday, February 1st. Royal Bank of Canada upped their price objective on Oshkosh to $90.00 and gave the stock an “outperform” rating in a research report on Thursday, January 31st. Bank of America upgraded Oshkosh from a “neutral” rating to a “buy” rating and set a $86.00 price objective for the company in a research report on Thursday, January 31st. JPMorgan Chase & Co. upgraded Oshkosh from a “neutral” rating to an “overweight” rating and set a $80.00 target price for the company in a research report on Thursday, January 10th. Finally, Goldman Sachs Group downgraded Oshkosh from a “neutral” rating to a “sell” rating and dropped their target price for the company from $66.00 to $58.00 in a research report on Monday, December 10th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $84.43.

In related news, SVP Tina R. Schoner acquired 630 shares of the business’s stock in a transaction that occurred on Friday, November 16th. The shares were bought at an average cost of $66.78 per share, with a total value of $42,071.40. Following the completion of the purchase, the senior vice president now directly owns 630 shares in the company, valued at $42,071.40. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ignacio A. Cortina sold 5,000 shares of Oshkosh stock in a transaction that occurred on Friday, February 1st. The stock was sold at an average price of $74.66, for a total value of $373,300.00. The disclosure for this sale can be found here. 1.60% of the stock is owned by insiders.

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Oshkosh Company Profile

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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