Oshkosh Co. (NYSE:OSK) Shares Purchased by Entropy Technologies LP

Entropy Technologies LP grew its holdings in shares of Oshkosh Co. (NYSE:OSK) by 29.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,018 shares of the company’s stock after purchasing an additional 4,498 shares during the period. Entropy Technologies LP’s holdings in Oshkosh were worth $1,903,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Greenhaven Associates Inc. raised its holdings in shares of Oshkosh by 0.6% in the 4th quarter. Greenhaven Associates Inc. now owns 2,552,106 shares of the company’s stock worth $242,629,000 after purchasing an additional 15,622 shares in the last quarter. FMR LLC lifted its position in Oshkosh by 3.3% in the 3rd quarter. FMR LLC now owns 1,223,891 shares of the company’s stock worth $122,646,000 after buying an additional 39,235 shares in the last quarter. Geode Capital Management LLC increased its position in Oshkosh by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,089,930 shares of the company’s stock worth $109,250,000 after purchasing an additional 10,357 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Oshkosh by 0.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 684,171 shares of the company’s stock valued at $68,561,000 after acquiring an additional 4,974 shares during the last quarter. Finally, Equity Investment Corp raised its holdings in Oshkosh by 1.5% during the third quarter. Equity Investment Corp now owns 588,884 shares of the company’s stock valued at $59,012,000 after buying an additional 8,611 shares in the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Raymond James lifted their target price on shares of Oshkosh from $125.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Morgan Stanley raised 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. JPMorgan Chase & Co. lifted their target price on shares of Oshkosh from $115.00 to $127.00 and gave the company a “neutral” rating in a research note on Friday, January 31st. Citigroup lowered their price target on shares of Oshkosh from $125.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Finally, Robert W. Baird cut their price objective on shares of Oshkosh from $171.00 to $160.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $125.00.

Oshkosh Stock Performance

Shares of Oshkosh stock opened at $110.44 on Monday. Oshkosh Co. has a one year low of $89.08 and a one year high of $127.98. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76. The stock’s 50-day moving average is $99.58 and its 200-day moving average is $103.03. The firm has a market cap of $7.19 billion, a price-to-earnings ratio of 10.67, a price-to-earnings-growth ratio of 1.89 and a beta of 1.23.

Oshkosh (NYSE:OSK) last released its earnings results on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. Equities analysts predict that Oshkosh Co. will post 10.95 earnings per share for the current fiscal year.

Oshkosh Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 17th will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.85%. This is a boost from Oshkosh’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Friday, February 14th. Oshkosh’s payout ratio is 17.78%.

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.