OSK

Oshkosh (OSK) Price Target Increased by 8.80% to 124.11

The average one-year price target for Oshkosh (NYSE:OSK) has been revised to 124.11 / share. This is an increase of 8.80% from the prior estimate of 114.07 dated January 16, 2024.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 103.02 to a high of 147.00 / share. The average price target represents an increase of 15.47% from the latest reported closing price of 107.49 / share.

Oshkosh Declares $0.46 Dividend

On January 30, 2024 the company declared a regular quarterly dividend of $0.46 per share ($1.84 annualized). Shareholders of record as of February 15, 2024 will receive the payment on February 29, 2024. Previously, the company paid $0.41 per share.

At the current share price of $107.49 / share, the stock's dividend yield is 1.71%.

Looking back five years and taking a sample every week, the average dividend yield has been 1.53%, the lowest has been 0.96%, and the highest has been 2.46%. The standard deviation of yields is 0.28 (n=234).

The current dividend yield is 0.64 standard deviations above the historical average.

Additionally, the company's dividend payout ratio is 0.20. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company's 3-Year dividend growth rate is 0.39%, demonstrating that it has increased its dividend over time.

What is the Fund Sentiment?

There are 935 funds or institutions reporting positions in Oshkosh. This is an increase of 67 owner(s) or 7.72% in the last quarter. Average portfolio weight of all funds dedicated to OSK is 0.21%, an increase of 2.98%. Total shares owned by institutions decreased in the last three months by 0.65% to 67,441K shares. OSK / Oshkosh Corporation Put/Call Ratios The put/call ratio of OSK is 0.81, indicating a bullish outlook.

What are Other Shareholders Doing?

OSK / Oshkosh Corporation Shares Held by Institutions

Aristotle Capital Management holds 6,591K shares representing 10.08% ownership of the company. In it's prior filing, the firm reported owning 6,915K shares, representing a decrease of 4.92%. The firm decreased its portfolio allocation in OSK by 1.37% over the last quarter.

Greenhaven Associates holds 2,470K shares representing 3.78% ownership of the company. In it's prior filing, the firm reported owning 2,459K shares, representing an increase of 0.45%. The firm decreased its portfolio allocation in OSK by 6.16% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,045K shares representing 3.13% ownership of the company. In it's prior filing, the firm reported owning 2,044K shares, representing an increase of 0.06%. The firm increased its portfolio allocation in OSK by 14.46% over the last quarter.

IJH - iShares Core S&P Mid-Cap ETF holds 2,041K shares representing 3.12% ownership of the company. In it's prior filing, the firm reported owning 1,981K shares, representing an increase of 2.92%. The firm increased its portfolio allocation in OSK by 11.26% over the last quarter.

Lsv Asset Management holds 1,848K shares representing 2.83% ownership of the company. In it's prior filing, the firm reported owning 362K shares, representing an increase of 80.42%. The firm increased its portfolio allocation in OSK by 444.15% over the last quarter.

Oshkosh Background Information
(This description is provided by the company.)

Oshkosh Corporation is a leading manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of access equipment, defense, fire & emergency and municipal, refuse hauling, concrete placement as well as airport services. Headquartered in Wisconsin, Oshkosh Corporation employs more than 14,000 team members worldwide. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Pierce®, Oshkosh® Defense, McNeilus®, IMT®, Frontline™, Jerr-Dan®, Oshkosh® Airport Products and London™.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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