Monument Capital Management Buys New Holdings in Oshkosh Corp (NYSE:OSK)
Monument Capital Management bought a new stake in shares of Oshkosh Corp (NYSE:OSK) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 25,183 shares of the company’s stock, valued at approximately $2,103,000.
Other institutional investors and hedge funds have also modified their holdings of the company. FinTrust Capital Advisors LLC raised its stake in Oshkosh by 1,128.6% during the 1st quarter. FinTrust Capital Advisors LLC now owns 344 shares of the company’s stock valued at $26,000 after purchasing an additional 316 shares during the period. Gemmer Asset Management LLC raised its stake in Oshkosh by 99.6% during the 1st quarter. Gemmer Asset Management LLC now owns 563 shares of the company’s stock valued at $42,000 after purchasing an additional 281 shares during the period. Advisory Services Network LLC raised its stake in Oshkosh by 85.1% during the 4th quarter. Advisory Services Network LLC now owns 731 shares of the company’s stock valued at $45,000 after purchasing an additional 336 shares during the period. Machina Capital S.A.S. raised its stake in Oshkosh by 255.9% during the 2nd quarter. Machina Capital S.A.S. now owns 573 shares of the company’s stock valued at $48,000 after purchasing an additional 412 shares during the period. Finally, NEXT Financial Group Inc bought a new stake in Oshkosh during the 2nd quarter valued at approximately $54,000. 88.81% of the stock is currently owned by institutional investors.
OSK has been the topic of several recent analyst reports. JPMorgan Chase & Co. decreased their target price on Whitbread from GBX 5,400 ($70.56) to GBX 5,100 ($66.64) and set an “overweight” rating on the stock in a research note on Wednesday, May 1st. Zacks Investment Research raised General Moly from a “sell” rating to a “hold” rating in a research note on Thursday, July 11th. Evercore ISI reissued an “in-line” rating and set a $31.00 target price (down previously from $40.00) on shares of Terex in a research note on Friday, May 31st. Citigroup raised their price target on Martin Marietta Materials from $239.00 to $255.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Finally, UBS Group set a $36.00 price target on Halliburton and gave the company a “buy” rating in a report on Tuesday, April 23rd. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. Oshkosh presently has a consensus rating of “Hold” and a consensus target price of $84.86.
Oshkosh (NYSE:OSK) last announced its earnings results on Tuesday, April 30th. The company reported $1.82 EPS for the quarter, topping the Zacks’ consensus estimate of $1.62 by $0.20. The firm had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.98 billion. Oshkosh had a return on equity of 21.98% and a net margin of 6.76%. The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.54 EPS. Equities analysts forecast that Oshkosh Corp will post 7.78 EPS for the current fiscal year.
In other news, VP James W. Johnson sold 11,029 shares of Oshkosh stock in a transaction that occurred on Tuesday, May 28th. The stock was sold at an average price of $76.05, for a total value of $838,755.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.90% of the stock is currently owned by insiders.
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.
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