Amalgamated Bank Sells 929 Shares of Oshkosh Co. (NYSE:OSK)

Amalgamated Bank lowered its holdings in shares of Oshkosh Co. (NYSE:OSKFree Report) by 2.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,614 shares of the company’s stock after selling 929 shares during the period. Amalgamated Bank owned approximately 0.07% of Oshkosh worth $5,564,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Atlas Capital Advisors LLC boosted its position in shares of Oshkosh by 161.6% in the 1st quarter. Atlas Capital Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after purchasing an additional 139 shares in the last quarter. Rise Advisors LLC boosted its holdings in Oshkosh by 215.5% in the first quarter. Rise Advisors LLC now owns 265 shares of the company’s stock worth $33,000 after acquiring an additional 181 shares in the last quarter. Venturi Wealth Management LLC grew its stake in shares of Oshkosh by 53.6% in the fourth quarter. Venturi Wealth Management LLC now owns 318 shares of the company’s stock worth $34,000 after acquiring an additional 111 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of Oshkosh during the fourth quarter valued at $42,000. Finally, Valley National Advisers Inc. raised its position in shares of Oshkosh by 18.2% in 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 last quarter. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Oshkosh Stock Performance

NYSE OSK traded down $0.37 on Tuesday, hitting $118.40. 315,555 shares of the company traded hands, compared to its average volume of 497,322. The business’s 50 day moving average price is $119.72 and its 200-day moving average price is $110.28. Oshkosh Co. has a 52-week low of $72.47 and a 52-week high of $127.98. The company has a current ratio of 1.43, a quick ratio of 0.76 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $7.74 billion, a price-to-earnings ratio of 11.33, a P/E/G ratio of 1.23 and a beta of 1.30.

Oshkosh (NYSE:OSKGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The company reported $2.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.63. Oshkosh had a return on equity of 20.39% and a net margin of 6.93%. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.49 billion. During the same quarter in the previous year, the company posted $1.59 earnings per share. Oshkosh’s revenue for the quarter was up 12.2% on a year-over-year basis. Equities analysts expect that Oshkosh Co. will post 11.16 earnings per share for the current year.

Oshkosh Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Monday, May 13th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Friday, May 10th. Oshkosh’s dividend payout ratio is presently 17.61%.

Analyst Ratings Changes

OSK has been the subject of a number of analyst reports. DA Davidson upgraded shares of Oshkosh from a “neutral” rating to a “buy” rating and raised their price objective for the company from $122.00 to $130.00 in a research note on Friday, March 1st. Truist Financial boosted their price objective on shares of Oshkosh from $121.00 to $132.00 and gave the stock a “hold” rating in a report on Friday, April 26th. StockNews.com downgraded Oshkosh from a “buy” rating to a “hold” rating in a research note on Friday, April 26th. JPMorgan Chase & Co. boosted their price target on Oshkosh from $120.00 to $130.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 16th. Finally, The Goldman Sachs Group increased their price objective on Oshkosh from $104.00 to $116.00 and gave the company a “neutral” rating in a research report on Wednesday, January 31st. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $125.50.

Check Out Our Latest Report on Oshkosh

Oshkosh Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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