Oshkosh Co. (NYSE:OSK) Shares Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. boosted its holdings in Oshkosh Co. (NYSE:OSK) by 2.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,701 shares of the company’s stock after buying an additional 249 shares during the period. Pacer Advisors Inc.’s holdings in Oshkosh were worth $922,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OSK. Marshall Wace LLP acquired a new stake in Oshkosh during the 2nd quarter worth approximately $281,000. Sanctuary Advisors LLC acquired a new stake in shares of Oshkosh in the second quarter worth $1,455,000. Capital Insight Partners LLC purchased a new position in shares of Oshkosh in the 3rd quarter valued at $415,000. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of Oshkosh by 24.1% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 14,400 shares of the company’s stock valued at $1,442,000 after acquiring an additional 2,800 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. boosted its position in Oshkosh by 19.5% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 4,229 shares of the company’s stock worth $424,000 after purchasing an additional 690 shares during the period. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Oshkosh Stock Down 3.1 %

Oshkosh stock opened at $112.74 on Tuesday. Oshkosh Co. has a 52 week low of $89.08 and a 52 week high of $127.98. The stock has a market cap of $7.34 billion, a price-to-earnings ratio of 10.89, a PEG ratio of 1.97 and a beta of 1.22. The company’s 50-day moving average price is $99.75 and its two-hundred day moving average price is $102.98. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14.

Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Thursday, January 30th. The company reported $2.58 EPS for the quarter, topping the consensus estimate of $2.22 by $0.36. Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. On average, analysts expect that Oshkosh Co. will post 11 EPS for the current fiscal year.

Oshkosh Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 17th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.81%. This is a boost from Oshkosh’s previous quarterly dividend of $0.46. The ex-dividend date is Friday, February 14th. Oshkosh’s dividend payout ratio (DPR) is presently 17.78%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on OSK. Raymond James upped their target price on Oshkosh from $125.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday. UBS Group upped their price objective on shares of Oshkosh from $125.00 to $137.00 and gave the company a “buy” rating in a research report on Monday. KeyCorp raised their price target on shares of Oshkosh from $113.00 to $132.00 and gave the stock an “overweight” rating in a research report on Friday. Robert W. Baird lowered their price objective on Oshkosh from $171.00 to $160.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Finally, JPMorgan Chase & Co. lifted their price target on shares of Oshkosh from $115.00 to $127.00 and gave the company a “neutral” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $125.00.

About Oshkosh

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.