Everpar Advisors LLC Sells 135 Shares of Oshkosh Co. (NYSE:OSK)

Everpar Advisors LLC lessened its holdings in Oshkosh Co. (NYSE:OSK) by 6.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,121 shares of the company’s stock after selling 135 shares during the period. Everpar Advisors LLC’s holdings in Oshkosh were worth $202,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. V Square Quantitative Management LLC bought a new position in shares of Oshkosh in the third quarter worth about $25,000. Brooklyn Investment Group bought a new position in Oshkosh in the 3rd quarter worth about $34,000. International Assets Investment Management LLC increased its position in shares of Oshkosh by 9,922.2% during the third quarter. International Assets Investment Management LLC now owns 902 shares of the company’s stock worth $90,000 after acquiring an additional 893 shares during the period. Venturi Wealth Management LLC raised its stake in shares of Oshkosh by 35.5% during the third quarter. Venturi Wealth Management LLC now owns 1,001 shares of the company’s stock valued at $100,000 after acquiring an additional 262 shares in the last quarter. Finally, KBC Group NV boosted its holdings in shares of Oshkosh by 15.2% in the third quarter. KBC Group NV now owns 1,666 shares of the company’s stock valued at $167,000 after purchasing an additional 220 shares during the period. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Oshkosh Stock Performance

Shares of Oshkosh stock opened at $95.55 on Friday. The firm has a market capitalization of $6.22 billion, a P/E ratio of 9.28, a PEG ratio of 0.94 and a beta of 1.21. Oshkosh Co. has a 52 week low of $89.08 and a 52 week high of $127.98. The company has a quick ratio of 0.79, a current ratio of 1.46 and a debt-to-equity ratio of 0.15. The company has a 50 day moving average price of $101.77 and a 200 day moving average price of $103.46.

Oshkosh (NYSE:OSK) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $2.93 EPS for the quarter, topping the consensus estimate of $2.87 by $0.06. Oshkosh had a net margin of 6.41% and a return on equity of 19.87%. The business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.63 billion. Sell-side analysts expect that Oshkosh Co. will post 11.35 EPS for the current year.

Oshkosh Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend was Friday, November 15th. Oshkosh’s dividend payout ratio is presently 17.86%.

Wall Street Analyst Weigh In

Several research firms have commented on OSK. Citigroup reduced their price objective on Oshkosh from $125.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday. JPMorgan Chase & Co. decreased their price objective on Oshkosh from $125.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday. Truist Financial lowered their price objective on shares of Oshkosh from $116.00 to $109.00 and set a “hold” rating for the company in a research note on Thursday. Robert W. Baird cut their target price on shares of Oshkosh from $171.00 to $160.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. Finally, UBS Group reduced their price target on Oshkosh from $129.00 to $125.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Oshkosh has an average rating of “Hold” and an average price target of $121.77.

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.