Eagle Bay Advisors LLC Sells 264 Shares of Oshkosh Co. (NYSE:OSK)

Eagle Bay Advisors LLC lessened its holdings in shares of Oshkosh Co. (NYSE:OSK) by 39.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 413 shares of the company’s stock after selling 264 shares during the quarter. Eagle Bay Advisors LLC’s holdings in Oshkosh were worth $39,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in OSK. V Square Quantitative Management LLC bought a new stake in shares of Oshkosh during the third quarter valued at approximately $25,000. Brooklyn Investment Group purchased a new stake in Oshkosh in the 3rd quarter worth $34,000. International Assets Investment Management LLC boosted its holdings in shares of Oshkosh by 9,922.2% during the 3rd quarter. International Assets Investment Management LLC now owns 902 shares of the company’s stock valued at $90,000 after purchasing an additional 893 shares during the last quarter. Venturi Wealth Management LLC grew its position in shares of Oshkosh by 35.5% during the third quarter. Venturi Wealth Management LLC now owns 1,001 shares of the company’s stock valued at $100,000 after purchasing an additional 262 shares in the last quarter. Finally, Redwood Wealth Management Group LLC bought a new stake in shares of Oshkosh in the second quarter worth about $111,000. 92.36% of the stock is owned by hedge funds and other institutional investors.

Oshkosh Trading Up 2.5 %

Shares of NYSE OSK opened at $91.83 on Tuesday. Oshkosh Co. has a fifty-two week low of $89.08 and a fifty-two week high of $127.98. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.79 and a current ratio of 1.46. The company has a market cap of $5.97 billion, a price-to-earnings ratio of 8.92, a PEG ratio of 0.98 and a beta of 1.21. The business’s 50 day moving average price is $103.12 and its 200-day moving average price is $103.77.

Oshkosh (NYSE:OSK) last released its earnings results on Wednesday, October 30th. The company reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.06. The business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.63 billion. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. On average, sell-side analysts expect that Oshkosh Co. will post 11.35 earnings per share for the current year.

Oshkosh Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a $0.46 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.84 dividend on an annualized basis and a yield of 2.00%. Oshkosh’s dividend payout ratio is currently 17.86%.

Analyst Ratings Changes

A number of equities analysts recently commented on OSK shares. Truist Financial increased their price target on Oshkosh from $113.00 to $116.00 and gave the company a “hold” rating in a research note on Thursday, December 19th. UBS Group cut their target price on shares of Oshkosh from $129.00 to $125.00 and set a “buy” rating for the company in a report on Thursday, December 12th. JPMorgan Chase & Co. upped their price target on shares of Oshkosh from $120.00 to $125.00 and gave the company a “neutral” rating in a research note on Monday, October 14th. Finally, Robert W. Baird dropped their price objective on shares of Oshkosh from $171.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Oshkosh currently has an average rating of “Hold” and a consensus price target of $124.62.

Oshkosh Company Profile

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.