Oshkosh (OSK)

• Market cap: $6.71B
• 1 day: -6.46%
• 5 days: -5.30%
• 1 month: 6.07%
• 3 months: -5.63%
• 6 months: -0.79%
• Year to date: 10.26%
• 1 year: -5.37%
• 5 years: 21.82%
• 10 years: 116.93%
• Sector: Consumer Discretionary
• Industry: Motor Vehicles & Passenger Car Bodies

About: Oshkosh is the top producer of access equipment, specialty vehicles, and military trucks. It serves diverse end markets, where it is typically the market share leader in North America, or, in the case of JLG aerial work platforms, a global leader. The company had manufactured joint light tactical vehicles for the us Department of Defense. However, Oshkosh recently lost the JLTV recompete, bringing into focus its us Postal Service contract, which calls for the electrification of us postal vehicles. The company reports in three segments—access equipment (52% of revenue), defense (22%), and vocational (27%)—and generated $9.6 billion in revenue in 2023.

Employees: 17,300

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 4 (+2) [Q4]

0.52% more ownership

Funds ownership: 91.15% [Q3] → 91.67% (+0.52%) [Q4]

5% less capital invested

Capital invested by funds: $5.95B [Q3] → $5.67B (-$275M) [Q4]

10% less call options, than puts

Call options by funds: $12.4M | Put options by funds: $13.8M

5% less funds holding

Funds holding: 487 [Q3] → 462 (-25) [Q4]

13% less first-time investments, than exits

New positions opened: 68 | Existing positions closed: 78

14% less repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 173

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $110 7% upside
• Avg. target: $123 20% upside
• High target: $137 33% upside

9 analyst ratings

• positive: 5 56%
• neutral: 3 33%
• negative: 1 11%

Evercore ISI Group David Raso 85% 1-year accuracy 17 / 20 met price target	33% upside $137	Outperform Maintained	19 Feb 2025
B of A Securities Ross Gilardi 60% 1-year accuracy 3 / 5 met price target	7% upside $110	Underperform Maintained	10 Feb 2025
UBS Steven Fisher 50% 1-year accuracy 13 / 26 met price target	33% upside $137	Buy Maintained	3 Feb 2025
Morgan Stanley Angel Castillo 63% 1-year accuracy 12 / 19 met price target	7% upside $110	Equal-Weight Maintained	3 Feb 2025
JP Morgan Tami Zakaria 44% 1-year accuracy 15 / 34 met price target	23% upside $127	Neutral Maintained	31 Jan 2025