Banco de Sabadell S.A Sells 1,251 Shares of Oshkosh Corp (NYSE:OSK)

Banco de Sabadell S.A lessened its holdings in shares of Oshkosh Corp (NYSE:OSK) by 13.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 8,014 shares of the company’s stock after selling 1,251 shares during the period. Banco de Sabadell S.A’s holdings in Oshkosh were worth $558,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in OSK. Northpointe Capital LLC grew its stake in Oshkosh by 2.0% in the 2nd quarter. Northpointe Capital LLC now owns 34,572 shares of the company’s stock valued at $2,431,000 after buying an additional 679 shares during the last quarter. Midwest Professional Planners LTD. grew its position in shares of Oshkosh by 7.1% during the 1st quarter. Midwest Professional Planners LTD. now owns 10,434 shares of the company’s stock worth $806,000 after purchasing an additional 696 shares in the last quarter. MainStreet Investment Advisors LLC grew its position in shares of Oshkosh by 9.0% during the 2nd quarter. MainStreet Investment Advisors LLC now owns 9,296 shares of the company’s stock worth $654,000 after purchasing an additional 771 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its position in shares of Oshkosh by 9.6% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 9,244 shares of the company’s stock worth $650,000 after purchasing an additional 807 shares in the last quarter. Finally, Arizona State Retirement System grew its position in shares of Oshkosh by 1.6% during the 2nd quarter. Arizona State Retirement System now owns 51,320 shares of the company’s stock worth $3,609,000 after purchasing an additional 813 shares in the last quarter. 89.34% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have issued reports on OSK. Royal Bank of Canada restated a “buy” rating and set a $98.00 target price on shares of Oshkosh in a research report on Wednesday, August 1st. ValuEngine lowered shares of Oshkosh from a “sell” rating to a “strong sell” rating in a research report on Saturday. Zacks Investment Research downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a research note on Wednesday, October 3rd. Credit Suisse Group dropped their price objective on shares of Oshkosh from $96.00 to $83.00 and set a “neutral” rating for the company in a research note on Wednesday, August 1st. Finally, KeyCorp dropped their price objective on shares of Oshkosh from $104.00 to $88.00 and set an “overweight” rating for the company in a research note on Wednesday, August 1st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $89.87.

In other news, insider Wilson R. Jones sold 47,000 shares of the business’s stock in a transaction that occurred on Thursday, August 2nd. The shares were sold at an average price of $72.02, for a total value of $3,384,940.00. Following the sale, the insider now owns 180,862 shares of the company’s stock, valued at $13,025,681.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP David M. Sagehorn sold 45,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 7th. The shares were sold at an average price of $75.40, for a total transaction of $3,393,000.00. Following the completion of the sale, the vice president now directly owns 179,097 shares in the company, valued at approximately $13,503,913.80. The disclosure for this sale can be found here. Insiders own 1.60% of the company’s stock.

Shares of NYSE OSK traded down $0.02 during mid-day trading on Monday, reaching $69.90. 505,700 shares of the company’s stock traded hands, compared to its average volume of 737,152. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.88 and a quick ratio of 1.16. Oshkosh Corp has a 1-year low of $66.77 and a 1-year high of $100.26. The stock has a market capitalization of $5.21 billion, a P/E ratio of 16.26, a P/E/G ratio of 0.65 and a beta of 1.48.

Oshkosh (NYSE:OSK) last released its quarterly earnings results on Tuesday, July 31st. The company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.02 by $0.18. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.16 billion. Oshkosh had a net margin of 5.44% and a return on equity of 19.19%. The firm’s revenue was up 6.8% on a year-over-year basis. During the same period last year, the firm earned $1.84 earnings per share. As a group, equities research analysts anticipate that Oshkosh Corp will post 6.03 earnings per share for the current fiscal year.

Oshkosh Profile

Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation; and chassis and service parts sales.

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Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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