Rothschild Investment LLC Grows Stock Holdings in Oshkosh Co. (NYSE:OSK)

Rothschild Investment LLC boosted its position in shares of Oshkosh Co. (NYSE:OSK) by 18.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,364 shares of the company’s stock after acquiring an additional 364 shares during the quarter. Rothschild Investment LLC’s holdings in Oshkosh were worth $225,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. boosted its stake in shares of Oshkosh by 108.7% in 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 purchased a new position in shares of Oshkosh in the fourth quarter valued at approximately $32,000. Brooklyn Investment Group purchased a new position in Oshkosh in the 3rd quarter valued at approximately $34,000. V Square Quantitative Management LLC boosted its position in Oshkosh by 64.1% in the 4th quarter. V Square Quantitative Management LLC now owns 402 shares of the company’s stock valued at $38,000 after buying an additional 157 shares during the period. Finally, Bank of Jackson Hole Trust purchased a new position in Oshkosh in the 4th quarter valued at approximately $44,000. 92.36% of the stock is currently owned by hedge funds and other institutional investors.

Oshkosh Price Performance

Shares of NYSE OSK opened at $102.92 on Wednesday. The stock has a 50 day moving average of $100.13 and a two-hundred day moving average of $103.16. Oshkosh Co. has a twelve month low of $89.08 and a twelve month high of $127.98. The stock has a market cap of $6.64 billion, a P/E ratio of 9.94, a P/E/G ratio of 1.45 and a beta of 1.22. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14.

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

Oshkosh Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 17th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Friday, February 14th. This is a boost from Oshkosh’s previous quarterly dividend of $0.46. Oshkosh’s dividend payout ratio is 19.71%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on OSK. Bank of America lifted their price objective on Oshkosh from $95.00 to $110.00 and gave the company an “underperform” rating in a research note on Monday, February 10th. JPMorgan Chase & Co. lifted their price objective on shares of Oshkosh from $115.00 to $127.00 and gave the stock a “neutral” rating in a research 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 report on Monday, February 3rd. KeyCorp lifted their price target on Oshkosh from $113.00 to $132.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Finally, Morgan Stanley lifted 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. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $126.23.

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.