Capital Fund Management S.A. bought a new stake in shares of Oshkosh Corp. (NYSE:OSK) during the second quarter, Holdings Channel reports. The institutional investor bought 8,800 shares of the company’s stock, valued at approximately $420,000.
Other institutional investors have also bought and sold shares of the company. 1st Global Advisors Inc. acquired a new position in Oshkosh Corp. during the second quarter valued at $205,000. LS Investment Advisors LLC increased its position in Oshkosh Corp. by 76.2% in the second quarter. LS Investment Advisors LLC now owns 4,522 shares of the company’s stock valued at $216,000 after buying an additional 1,955 shares during the period. Meeder Asset Management Inc. acquired a new position in Oshkosh Corp. during the second quarter valued at $257,000. Creative Planning increased its position in Oshkosh Corp. by 685.0% in the second quarter. Creative Planning now owns 7,246 shares of the company’s stock valued at $346,000 after buying an additional 6,323 shares during the period. Finally, OMERS ADMINISTRATION Corp acquired a new position in Oshkosh Corp. during the first quarter valued at $470,000. Hedge funds and other institutional investors own 95.60% of the company’s stock.
Oshkosh Corp. (NYSE:OSK) traded down 0.69% on Thursday, hitting $53.29. 417,644 shares of the stock were exchanged. The company has a market cap of $3.92 billion, a P/E ratio of 19.54 and a beta of 1.89. Oshkosh Corp. has a one year low of $29.59 and a one year high of $57.75. The company’s 50 day moving average price is $54.89 and its 200-day moving average price is $48.66.
Oshkosh Corp. (NYSE:OSK) last posted its quarterly earnings data on Thursday, July 28th. The company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.13. Oshkosh Corp. had a net margin of 3.36% and a return on equity of 11.02%. The company earned $1.75 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period in the prior year, the firm earned $1.13 earnings per share. The business’s quarterly revenue was up 8.4% on a year-over-year basis. Equities research analysts predict that Oshkosh Corp. will post $2.91 EPS for the current fiscal year.
OSK has been the subject of several recent research reports. Jefferies Group restated a “buy” rating and set a $65.00 target price on shares of Oshkosh Corp. in a report on Monday, September 26th. Stifel Nicolaus dropped their target price on shares of Oshkosh Corp. from $63.00 to $61.00 and set a “buy” rating for the company in a report on Monday, September 26th. Bank of America Corp. set a $62.00 target price on shares of Oshkosh Corp. and gave the company a “buy” rating in a report on Saturday, September 17th. Deutsche Bank AG initiated coverage on shares of Oshkosh Corp. in a report on Tuesday, September 6th. They set a “buy” rating and a $62.00 target price for the company. Finally, Zacks Investment Research downgraded shares of Oshkosh Corp. from a “buy” rating to a “hold” rating in a report on Thursday, July 14th. Six investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Oshkosh Corp. currently has an average rating of “Buy” and a consensus target price of $54.94.
In other news, VP R Scott Grennier sold 1,000 shares of the company’s stock in a transaction dated Monday, August 29th. The stock was sold at an average price of $54.78, for a total value of $54,780.00. Following the transaction, the vice president now owns 6,336 shares in the company, valued at approximately $347,086.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP David M. Sagehorn sold 49,495 shares of the company’s stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $54.13, for a total value of $2,679,164.35. Following the completion of the transaction, the vice president now owns 111,113 shares in the company, valued at approximately $6,014,546.69. The disclosure for this sale can be found here. Company insiders own 3.10% of the company’s stock.
Oshkosh Corp. Company Profile
Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.
Want to see what other hedge funds are holding OSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oshkosh Corp. (NYSE:OSK).
Receive News & Ratings for Oshkosh Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oshkosh Corp. and related companies with MarketBeat.com's FREE daily email newsletter.