Zacks Investment Research upgraded shares of Oshkosh Co. (NYSE:OSK) from a sell rating to a hold rating in a research report report published on Sunday, MarketBeat.Com reports.

According to Zacks, “Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh, JLG, Pierce, McNeilus, Medtec, Jerr-Dan, BAI, Oshkosh Specialty Vehicles, Frontline, SMIT, Geesink, Norba, Kiggen, Con-E-Co, London and IMT. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. “

In related news, VP Colleen R. Moynihan sold 10,808 shares of Oshkosh stock in a transaction dated Thursday, November 19th. The stock was sold at an average price of $42.37, for a total value of $457,934.96. Following the completion of the sale, the vice president now directly owns 9,000 shares in the company, valued at $381,330. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Other hedge funds have recently made changes to their positions in the company. Hudson Valley Investment Advisors Inc. ADV raised its stake in shares of Oshkosh by 5.3% in the fourth quarter. Hudson Valley Investment Advisors Inc. ADV now owns 14,720 shares of the company’s stock worth $575,000 after buying an additional 745 shares during the last quarter. Louisiana State Employees Retirement System purchased a new stake in shares of Oshkosh during the fourth quarter worth approximately $808,000. Highland Capital Management LLC raised its stake in shares of Oshkosh by 34.2% in the fourth quarter. Highland Capital Management LLC now owns 37,307 shares of the company’s stock worth $1,456,000 after buying an additional 9,498 shares during the last quarter. Janus Capital Management purchased a new stake in shares of Oshkosh during the third quarter worth approximately $1,704,000. Finally, Dearborn Partners LLC raised its stake in shares of Oshkosh by 9.6% in the fourth quarter. Dearborn Partners LLC now owns 54,050 shares of the company’s stock worth $2,110,000 after buying an additional 4,750 shares during the last quarter.

Shares of Oshkosh (NYSE:OSK) traded up 5.44% during trading on Friday, reaching $32.93. 2,090,907 shares of the company were exchanged. The stock has a 50-day moving average of $36.40 and a 200 day moving average of $39.07. Oshkosh has a 52-week low of $29.59 and a 52-week high of $55.69. The stock has a market capitalization of $2.41 billion and a P/E ratio of 12.25.

Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Thursday, January 28th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.13. During the same quarter in the previous year, the business posted $0.41 EPS. The company earned $1.25 billion during the quarter, compared to analyst estimates of $1.19 billion. The company’s revenue was down 7.5% on a year-over-year basis. On average, equities analysts anticipate that Oshkosh will post $2.54 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 1st. Investors of record on Tuesday, February 16th will be given a $0.19 dividend. The ex-dividend date of this dividend is Thursday, February 11th. This represents a $0.76 dividend on an annualized basis and a yield of 2.31%.

OSK has been the topic of a number of other research reports. JPMorgan Chase & Co. decreased their price target on shares of Oshkosh from $40.00 to $39.00 in a research note on Thursday, January 14th. Credit Suisse decreased their price target on shares of Oshkosh from $36.00 to $35.00 in a research note on Wednesday, January 13th. Bank of America reiterated an underperform rating and set a $26.00 price target (down previously from $32.00) on shares of Oshkosh in a research note on Sunday. SunTrust started coverage on shares of Oshkosh in a research note on Tuesday, November 3rd. They set a neutral rating and a $46.00 price target on the stock. Finally, TheStreet downgraded shares of Oshkosh from a buy rating to a hold rating in a research note on Thursday, October 29th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company’s stock. Oshkosh currently has an average rating of Buy and an average price target of $44.29.

Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London. The Company operates through four segments: Access equipment, Defense, Fire & emergency and Commercial. The Access equipment segment provides aerial work platforms and telehandlers to position workers and materials at elevated heights. The Defense segment provides supply parts and services and wheeled vehicles. The Fire & Emergency segment manufactures and markets commercial and custom fire vehicles, simulators and emergency vehicles. The Commercial segment manufactures, markets and distributes concrete mixers, portable concrete batch plants, and vehicle and vehicle body components.

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