Keeley Teton Advisors LLC Raises Stock Position in Oshkosh Co. (NYSE:OSK)

Keeley Teton Advisors LLC grew its position in shares of Oshkosh Co. (NYSE:OSK) by 18.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 26,248 shares of the company’s stock after buying an additional 4,173 shares during the period. Keeley Teton Advisors LLC’s holdings in Oshkosh were worth $2,495,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the company. Blue Trust Inc. grew its holdings in Oshkosh by 108.7% in the 4th quarter. Blue Trust Inc. now owns 265 shares of the company’s stock valued at $27,000 after buying an additional 138 shares in the last quarter. Hager Investment Management Services LLC purchased a new stake in shares of Oshkosh in the 4th quarter valued at approximately $32,000. Proficio Capital Partners LLC acquired a new stake in Oshkosh in the fourth quarter valued at $34,000. V Square Quantitative Management LLC boosted its holdings in 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 purchasing an additional 157 shares in the last quarter. Finally, Twin Tree Management LP acquired a new stake in shares of Oshkosh during the fourth quarter worth about $41,000. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Performance

NYSE OSK opened at $86.46 on Tuesday. The company has a market capitalization of $5.59 billion, a P/E ratio of 8.35, a P/E/G ratio of 1.45 and a beta of 1.26. The company has a fifty day moving average of $97.66 and a 200-day moving average of $100.98. 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 Co. has a 52-week low of $76.82 and a 52-week high of $125.00.

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

Oshkosh Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were paid a dividend of $0.51 per share. 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 dividend yield of 2.36%. The ex-dividend date was Friday, February 14th. Oshkosh’s payout ratio is currently 19.71%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Morgan Stanley upped their price target on Oshkosh from $98.00 to $110.00 and gave the stock an “equal weight” rating in a report on Monday, February 3rd. Bank of America raised their target price on Oshkosh from $95.00 to $110.00 and gave the company an “underperform” rating in a report on Monday, February 10th. KeyCorp reduced their target price on Oshkosh from $132.00 to $120.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Truist Financial decreased their target price on Oshkosh from $118.00 to $94.00 and set a “hold” rating for the company in a research report on Tuesday, April 8th. Finally, Evercore ISI increased their price objective on shares of Oshkosh from $122.00 to $137.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $116.08.

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.