Oshkosh Co. (NYSE:OSK) Shares Acquired by Aigen Investment Management LP

Aigen Investment Management LP lifted its position in shares of Oshkosh Co. (NYSE:OSK) by 82.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,637 shares of the company’s stock after purchasing an additional 2,546 shares during the period. Aigen Investment Management LP’s holdings in Oshkosh were worth $536,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. raised its stake in 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 buying an additional 138 shares in the last quarter. Hager Investment Management Services LLC acquired a new stake in shares of Oshkosh during the 4th quarter worth about $32,000. Brooklyn Investment Group purchased a new stake in Oshkosh during the third quarter worth approximately $34,000. Proficio Capital Partners LLC purchased a new stake in Oshkosh during the fourth quarter worth approximately $34,000. Finally, 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. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Up 0.9 %

Oshkosh stock opened at $98.43 on Friday. The stock has a 50 day moving average of $100.73 and a two-hundred day moving average of $103.02. Oshkosh Co. has a twelve month low of $89.08 and a twelve month high of $127.98. The stock has a market capitalization of $6.35 billion, a price-to-earnings ratio of 9.51, a PEG ratio of 1.45 and a beta of 1.21. 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 issued its quarterly earnings results on Thursday, January 30th. The company reported $2.58 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. As a group, research analysts expect that Oshkosh Co. will post 10.96 earnings per share for the current year.

Oshkosh Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.07%. This is a positive change from Oshkosh’s previous quarterly dividend of $0.46. The ex-dividend date was Friday, February 14th. Oshkosh’s payout ratio is 19.71%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on OSK shares. Citigroup cut their price objective on shares of Oshkosh from $125.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Truist Financial lifted their price target on shares of Oshkosh from $109.00 to $118.00 and gave the stock a “hold” rating in a research note on Friday, January 31st. UBS Group upped their price objective on shares of Oshkosh from $125.00 to $137.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Morgan Stanley lifted their target price on Oshkosh from $98.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Monday, February 3rd. Finally, Evercore ISI upped their target price on Oshkosh from $122.00 to $137.00 and gave the company an “outperform” rating in a research report on Wednesday, February 19th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $125.92.

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.