Sage Capital Advisors llc Purchases 171 Shares of Oshkosh Corp (NYSE:OSK)

Sage Capital Advisors llc lifted its position in Oshkosh Corp (NYSE:OSK) by 3.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,790 shares of the company’s stock after acquiring an additional 171 shares during the quarter. Sage Capital Advisors llc’s holdings in Oshkosh were worth $548,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Executive Wealth Management LLC raised its holdings in shares of Oshkosh by 70.6% in the 3rd quarter. Executive Wealth Management LLC now owns 343 shares of the company’s stock valued at $26,000 after purchasing an additional 142 shares in the last quarter. Gradient Investments LLC purchased a new position in Oshkosh during the fourth quarter valued at approximately $37,000. Benjamin F. Edwards & Company Inc. bought a new position in Oshkosh in the third quarter worth approximately $39,000. North Star Investment Management Corp. bought a new position in Oshkosh in the third quarter worth approximately $61,000. Finally, Point72 Asset Management L.P. bought a new position in Oshkosh in the second quarter worth approximately $67,000. Hedge funds and other institutional investors own 90.11% of the company’s stock.

OSK stock traded down $0.49 during trading on Thursday, hitting $91.64. 6,455 shares of the company traded hands, compared to its average volume of 493,273. Oshkosh Corp has a 1 year low of $66.04 and a 1 year high of $95.62. The company has a market cap of $6.22 billion, a PE ratio of 11.02, a P/E/G ratio of 1.09 and a beta of 2.01. The stock’s 50-day simple moving average is $92.76 and its 200 day simple moving average is $82.39. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.96 and a quick ratio of 1.24.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $1.88 by $0.29. The business had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.11 billion. Oshkosh had a net margin of 6.91% and a return on equity of 23.21%. The business’s revenue was up 6.7% on a year-over-year basis. During the same quarter last year, the company earned $1.80 EPS. Research analysts expect that Oshkosh Corp will post 7.75 earnings per share for the current year.

In other Oshkosh news, Director Craig P. Omtvedt sold 10,000 shares of Oshkosh stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $91.45, for a total value of $914,500.00. Following the completion of the transaction, the director now owns 22,014 shares of the company’s stock, valued at $2,013,180.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP James W. Johnson sold 7,009 shares of the company’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $91.48, for a total transaction of $641,183.32. Following the completion of the transaction, the vice president now owns 39,454 shares of the company’s stock, valued at approximately $3,609,251.92. The disclosure for this sale can be found here. Insiders have sold 94,160 shares of company stock worth $8,288,319 over the last three months. 1.60% of the stock is currently owned by insiders.

Several analysts have issued reports on OSK shares. JPMorgan Chase & Co. increased their target price on Oshkosh from $92.00 to $110.00 and gave the company an “overweight” rating in a research report on Friday, December 20th. Royal Bank of Canada boosted their price target on Oshkosh to $98.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Buckingham Research upgraded Oshkosh from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $96.00 to $105.00 in a research note on Monday, November 11th. Longbow Research downgraded Oshkosh from a “buy” rating to a “neutral” rating in a research report on Thursday, October 31st. They noted that the move was a valuation call. Finally, Morgan Stanley boosted their price objective on shares of Oshkosh from $100.00 to $109.00 and gave the stock an “equal weight” rating in a research note on Monday, December 16th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $93.46.

Oshkosh Company 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 services; and chassis and service parts sales.

Further Reading: Treasury Bonds

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Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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