Oshkosh Co. (NYSE:OSK) Shares Bought by Galibier Capital Management Ltd.

Galibier Capital Management Ltd. grew its holdings in Oshkosh Co. (NYSE:OSK) by 23.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,227 shares of the company’s stock after buying an additional 8,700 shares during the quarter. Oshkosh comprises 1.0% of Galibier Capital Management Ltd.’s investment portfolio, making the stock its 17th biggest holding. Galibier Capital Management Ltd. owned 0.07% of Oshkosh worth $4,532,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Valley National Advisers Inc. lifted its stake in shares of Oshkosh by 18.2% during the 1st quarter. Valley National Advisers Inc. now owns 623 shares of the company’s stock worth $77,000 after purchasing an additional 96 shares during the period. AE Wealth Management LLC raised its stake in Oshkosh by 7.3% during the second quarter. AE Wealth Management LLC now owns 1,863 shares of the company’s stock valued at $202,000 after buying an additional 127 shares in the last quarter. US Bancorp DE lifted its stake in Oshkosh by 3.0% during the first quarter. US Bancorp DE now owns 4,522 shares of the company’s stock worth $564,000 after purchasing an additional 132 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Oshkosh by 26.2% in the 2nd quarter. GAMMA Investing LLC now owns 733 shares of the company’s stock valued at $79,000 after buying an additional 152 shares during the period. Finally, NorthRock Partners LLC grew its holdings in shares of Oshkosh by 6.0% during the first quarter. NorthRock Partners LLC now owns 2,735 shares of the company’s stock valued at $341,000 after purchasing an additional 155 shares during the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Performance

OSK stock traded down $0.99 during mid-day trading on Wednesday, hitting $106.84. 46,257 shares of the company were exchanged, compared to its average volume of 502,042. The stock has a market capitalization of $6.99 billion, a PE ratio of 10.32, a price-to-earnings-growth ratio of 1.04 and a beta of 1.19. The business has a 50 day simple moving average of $102.81 and a 200-day simple moving average of $107.86. The company has a current ratio of 1.44, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Oshkosh Co. has a 1-year low of $86.37 and a 1-year high of $127.98.

Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $3.34 earnings per share for the quarter, beating the consensus estimate of $3.00 by $0.34. The firm had revenue of $2.85 billion during the quarter, compared to analysts’ expectations of $2.78 billion. Oshkosh had a return on equity of 20.83% and a net margin of 6.58%. The company’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.69 EPS. On average, equities analysts forecast that Oshkosh Co. will post 11.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on OSK. Evercore ISI reduced their price target on Oshkosh from $137.00 to $119.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. JPMorgan Chase & Co. lifted their target price on Oshkosh from $120.00 to $125.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. Truist Financial cut their price target on shares of Oshkosh from $126.00 to $114.00 and set a “hold” rating on the stock in a report on Wednesday, October 9th. Stifel Nicolaus reduced their price objective on Oshkosh from $140.00 to $135.00 and set a “buy” rating for the company in a research note on Thursday, August 1st. Finally, Jefferies Financial Group decreased their target price on shares of Oshkosh from $135.00 to $105.00 and set a “hold” rating for the company in a research note on Thursday, July 11th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $125.29.

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.