Oshkosh Co. (NYSE:OSK) Shares Purchased by Sei Investments Co.

Sei Investments Co. grew its position in shares of Oshkosh Co. (NYSE:OSK) by 7.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 528,940 shares of the company’s stock after acquiring an additional 35,072 shares during the quarter. Sei Investments Co.’s holdings in Oshkosh were worth $50,289,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of OSK. Blue Trust Inc. increased its holdings in shares of Oshkosh by 108.7% during the fourth quarter. Blue Trust Inc. now owns 265 shares of the company’s stock valued at $27,000 after purchasing an additional 138 shares during the period. Hager Investment Management Services LLC bought a new stake in shares of Oshkosh during the 4th quarter worth about $32,000. Brooklyn Investment Group acquired a new stake in shares of Oshkosh in the 3rd quarter worth approximately $34,000. V Square Quantitative Management LLC boosted its holdings in shares of Oshkosh by 64.1% in the fourth quarter. V Square Quantitative Management LLC now owns 402 shares of the company’s stock valued at $38,000 after acquiring an additional 157 shares in the last quarter. Finally, Twin Tree Management LP acquired a new position in shares of Oshkosh during the fourth quarter valued at approximately $41,000. Institutional investors own 92.36% of the company’s stock.

Oshkosh Trading Down 2.0 %

NYSE OSK opened at $95.75 on Monday. The firm’s 50 day moving average price is $101.44 and its two-hundred day moving average price is $102.32. The stock has a market cap of $6.18 billion, a price-to-earnings ratio of 9.25, a PEG ratio of 1.45 and a beta of 1.21. Oshkosh Co. has a twelve month low of $89.08 and a twelve month high of $127.98. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 1.51.

Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Thursday, January 30th. The company reported $2.58 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. Equities analysts anticipate that Oshkosh Co. will post 10.96 EPS for the current year.

Oshkosh Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Oshkosh’s previous quarterly dividend of $0.46. This represents a $2.04 dividend on an annualized basis and a yield of 2.13%. Oshkosh’s payout ratio is presently 19.71%.

Analyst Ratings Changes

A number of brokerages have issued reports on OSK. KeyCorp increased their price target on Oshkosh from $113.00 to $132.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Citigroup decreased their target price on Oshkosh from $125.00 to $110.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Raymond James upped their price target on shares of Oshkosh from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, January 31st. UBS Group lifted their price objective on shares of Oshkosh from $125.00 to $137.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Finally, Truist Financial boosted their target price on shares of Oshkosh from $109.00 to $118.00 and gave the stock a “hold” rating in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $124.38.

Oshkosh 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.