Oshkosh Co. (NYSE:OSK) Shares Acquired by TFO Wealth Partners LLC (2024)

Posted by Defense World Staff on Jun 5th, 2024

TFO Wealth Partners LLC increased its position in Oshkosh Co. (NYSE:OSK – Free Report) by 13,150.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,325 shares of the company’s stock after acquiring an additional 1,315 shares during the period. TFO Wealth Partners LLC’s holdings in Oshkosh were worth $144,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of OSK. Private Advisor Group LLC acquired a new stake in shares of Oshkosh in the 3rd quarter worth about $209,000. Avantax Advisory Services Inc. increased its holdings in shares of Oshkosh by 8.9% in the 3rd quarter. Avantax Advisory Services Inc. now owns 3,771 shares of the company’s stock worth $360,000 after acquiring an additional 308 shares during the period. Swiss National Bank increased its holdings in shares of Oshkosh by 0.8% in the 3rd quarter. Swiss National Bank now owns 143,600 shares of the company’s stock worth $13,704,000 after acquiring an additional 1,100 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Oshkosh by 2.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 650,427 shares of the company’s stock worth $62,070,000 after acquiring an additional 14,522 shares during the period. Finally, Burney Co. acquired a new stake in shares of Oshkosh in the 3rd quarter worth about $371,000. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Performance

Shares of OSK opened at $110.71 on Wednesday. Oshkosh Co. has a one year low of $78.88 and a one year high of $127.98. The company has a 50-day moving average of $118.90 and a two-hundred day moving average of $111.80. The stock has a market cap of $7.24 billion, a price-to-earnings ratio of 10.59, a PEG ratio of 1.09 and a beta of 1.26. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.43 and a quick ratio of 0.76.

Oshkosh (NYSE:OSK – Get Free Report) last announced its earnings results on Thursday, April 25th. The company reported $2.89 EPS for the quarter, topping the consensus estimate of $2.26 by $0.63. Oshkosh had a net margin of 6.93% and a return on equity of 20.39%. The company had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.49 billion. During the same period last year, the company posted $1.59 earnings per share. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. On average, equities research analysts expect that Oshkosh Co. will post 11.17 earnings per share for the current year.

Oshkosh Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 28th. Investors of record on Monday, May 13th were issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 1.66%. The ex-dividend date was Friday, May 10th. Oshkosh’s dividend payout ratio is currently 17.61%.

Analysts Set New Price Targets

Several research firms have commented on OSK. Evercore ISI raised their target price on shares of Oshkosh from $122.00 to $124.00 and gave the company an “outperform” rating in a research note on Tuesday, February 20th. StockNews.com cut shares of Oshkosh from a “buy” rating to a “hold” rating in a research note on Friday, April 26th. Stifel Nicolaus raised their target price on shares of Oshkosh from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, April 26th. JPMorgan Chase & Co. raised their target price on shares of Oshkosh from $120.00 to $130.00 and gave the company a “neutral” rating in a research note on Tuesday, April 16th. Finally, Robert W. Baird raised their target price on shares of Oshkosh from $158.00 to $190.00 and gave the company an “outperform” rating in a research note on Friday, May 10th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, Oshkosh currently has a consensus rating of “Moderate Buy” and a consensus target price of $126.94.

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