1,884 Shares in Oshkosh Co. (NYSE:OSK) Acquired by New Wave Wealth Advisors LLC

New Wave Wealth Advisors LLC acquired a new position in Oshkosh Co. (NYSE:OSK) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,884 shares of the company’s stock, valued at approximately $179,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Greenhaven Associates Inc. increased its holdings in Oshkosh by 0.6% in the fourth quarter. Greenhaven Associates Inc. now owns 2,552,106 shares of the company’s stock worth $242,629,000 after buying an additional 15,622 shares during the last quarter. FMR LLC grew its holdings in Oshkosh by 3.3% during the third quarter. FMR LLC now owns 1,223,891 shares of the company’s stock valued at $122,646,000 after purchasing an additional 39,235 shares during the last quarter. Geode Capital Management LLC grew its holdings in Oshkosh by 1.0% during the third quarter. Geode Capital Management LLC now owns 1,089,930 shares of the company’s stock valued at $109,250,000 after purchasing an additional 10,357 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Oshkosh by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 684,171 shares of the company’s stock valued at $68,561,000 after purchasing an additional 4,974 shares during the last quarter. Finally, Equity Investment Corp grew 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 purchasing an additional 8,611 shares during the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Performance

Shares of NYSE:OSK opened at $113.27 on Friday. Oshkosh Co. has a twelve month low of $89.08 and a twelve month high of $127.98. The firm has a market cap of $7.37 billion, a PE ratio of 11.00, a price-to-earnings-growth ratio of 1.72 and a beta of 1.21. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.79 and a current ratio of 1.46. The business has a fifty day moving average of $99.69 and a 200-day moving average of $103.04.

Oshkosh (NYSE:OSK) last announced its earnings results on Thursday, January 30th. The company reported $2.58 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.36. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. On average, equities research analysts predict that Oshkosh Co. will post 11.34 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have commented on OSK. Robert W. Baird lowered their price target on Oshkosh from $171.00 to $160.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Truist Financial reduced their price objective on Oshkosh from $116.00 to $109.00 and set a “hold” rating for the company in a research report on Thursday, January 16th. KeyCorp raised Oshkosh from a “sector weight” rating to an “overweight” rating and set a $113.00 price objective for the company in a research report on Friday, January 24th. UBS Group reduced their price objective on Oshkosh from $129.00 to $125.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Finally, JPMorgan Chase & Co. reduced their price objective on Oshkosh from $125.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Oshkosh presently has an average rating of “Hold” and a consensus price target of $121.14.

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.