Landscape Capital Management L.L.C. Makes New $680,000 Investment in Oshkosh Co. (NYSE:OSK)

Landscape Capital Management L.L.C. purchased a new position in shares of Oshkosh Co. (NYSE:OSK) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 6,789 shares of the company’s stock, valued at approximately $680,000.

A number of other institutional investors have also modified their holdings of OSK. V Square Quantitative Management LLC acquired a new position in Oshkosh in the 3rd quarter valued at about $25,000. Bessemer Group Inc. boosted its stake in shares of Oshkosh by 280.6% in the first quarter. Bessemer Group Inc. now owns 392 shares of the company’s stock valued at $49,000 after purchasing an additional 289 shares during the period. Versant Capital Management Inc grew its holdings in shares of Oshkosh by 5,563.6% in the second quarter. Versant Capital Management Inc now owns 623 shares of the company’s stock valued at $67,000 after purchasing an additional 612 shares in the last quarter. Eagle Bay Advisors LLC increased its stake in Oshkosh by 547.6% during the 2nd quarter. Eagle Bay Advisors LLC now owns 667 shares of the company’s stock worth $72,000 after buying an additional 564 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Oshkosh by 26.2% during the 2nd quarter. GAMMA Investing LLC now owns 733 shares of the company’s stock worth $79,000 after buying an additional 152 shares in the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

Oshkosh Trading Up 2.3 %

Shares of Oshkosh stock opened at $111.81 on Friday. The company has a current ratio of 1.46, a quick ratio of 0.79 and a debt-to-equity ratio of 0.15. The company has a fifty day simple moving average of $105.02 and a 200-day simple moving average of $106.86. The stock has a market cap of $7.28 billion, a price-to-earnings ratio of 10.86, a PEG ratio of 1.07 and a beta of 1.18. Oshkosh Co. has a 12-month low of $93.34 and a 12-month high of $127.98.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $0.06. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.63 billion. On average, equities analysts forecast that Oshkosh Co. will post 11.35 EPS for the current fiscal year.

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Friday, November 15th. Oshkosh’s dividend payout ratio is currently 17.86%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on OSK. Stifel Nicolaus cut their price objective on Oshkosh from $140.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday, August 1st. JPMorgan Chase & Co. upped their price target on Oshkosh from $120.00 to $125.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. Evercore ISI decreased their price objective on Oshkosh from $137.00 to $119.00 and set an “outperform” rating for the company in a research note on Monday, August 19th. Robert W. Baird reduced their target price on shares of Oshkosh from $171.00 to $160.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Finally, Truist Financial reduced their target price on shares of Oshkosh from $126.00 to $114.00 and set a “hold” rating on the stock in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Oshkosh currently has a consensus rating of “Hold” and a consensus price target of $123.14.

About Oshkosh

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.