Covea Finance recently disclosed that it has acquired a new position in Oshkosh Co. during the second quarter, according to the Securities and Exchange Commission. The firm acquired 21,000 shares of the company’s stock, valued at approximately $1,818,000. This acquisition is in line with other institutional investors and hedge funds who have also recently bought and sold shares of Oshkosh.
WealthPLAN Partners LLC, Money Concepts Capital Corp, SRS Capital Advisors Inc., Belpointe Asset Management LLC, and BOKF NA have all made moves to invest in Oshkosh in recent months. These investments reflect a positive outlook on the company’s future growth potential.
Several research analysts have commented on Oshkosh’s stock, with most issuing a positive or neutral rating. KeyCorp, Wells Fargo & Company, The Goldman Sachs Group, JPMorgan Chase & Co., and Stifel Nicolaus have all increased their price targets and given optimistic ratings for Oshkosh. MarketBeat.com reports that Oshkosh currently has a consensus rating of “Moderate Buy” and an average target price of $109.07.
Oshkosh Co. is a specialty truck and access equipment manufacturer with a global presence. The company’s products are used in construction, industrial, and maintenance applications. Oshkosh also offers financing and leasing solutions for its equipment.
In financial news, Oshkosh recently announced a quarterly dividend, demonstrating its commitment to shareholder returns. The dividend was paid on August 31st to shareholders of record on August 17th. This represents a dividend yield of 1.65%.
Insider activity within the company has also been notable. VP James W. Johnson and CFO Michael E. Pack have both recently sold shares of Oshkosh stock. Despite this, company insiders continue to hold a significant stake in the company.
Overall, Oshkosh Co. is experiencing positive investor sentiment and has received favorable ratings from analysts. With strong financial performance and a growing market presence, the company is poised for future growth.
– SEC filing
– Oshkosh Company Profile (Free Report)