Aristotle Capital Management 13F: Cuts OSK Stake by $59M

Aristotle Capital Management has trimmed its position in Oshkosh Corporation (NYSE:OSK) by 7.1%, according to its latest filing with the SEC. The fund reduced its holdings by 384,449 shares during the reporting period, leaving it with 5,001,541 shares valued at approximately $675.5 million.

What Changed in Aristotle Capital Management's Oshkosh Position

Aristotle Capital Management decided to reduce its stake in Oshkosh Corporation. The fund's holdings dropped from 5,385,990 shares to 5,001,541 shares, reflecting a decrease of 384,449 shares. This change marked a 7.1% reduction in its position, with the remaining shares valued at around $675.5 million.

Other Institutional Activity in Oshkosh Corporation

Among Oshkosh's other institutional investors, BlackRock, Inc. increased its stake by 211,567 shares, bringing its total to 7,561,094 shares valued at approximately $1.11 billion. Dimensional Fund Advisors LP also grew its position, adding 46,306 shares to reach a total of 3,051,511 shares, worth about $449.2 million. On the other hand, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both reported their holdings without change, holding 4,246,265 and 2,808,780 shares, respectively.

Oshkosh Corporation Stock Up 4.7%

Shares of Oshkosh Corporation are trading near $135.05. The company has a market capitalization of about $8.42 billion and a P/E ratio of 15.04. Its forward P/E stands at 9.62, and it has a beta of 1.265, indicating moderate volatility. The stock’s 52-week range is between $106.37 and $180.49, with a 50-day moving average of $139.99 and a 200-day moving average of $140.70.

Recent Earnings

Oshkosh Corporation reported revenue of $10.43 billion, with a slight growth rate of 0.2%. The company's earnings per share (EPS) stood at $8.98, and it achieved a net margin of 5.54%. Its return on equity (ROE) was 13.28%. The next earnings report is expected on May 8, 2026.

Dividend

Oshkosh Corporation pays an annual dividend of $2.28 per share, yielding 1.69%. The dividend payout ratio is 23.39%, indicating a balanced approach to returning value to shareholders.

Insider Buying and Selling at Oshkosh Corporation

Recent insider activity at Oshkosh Corporation included planned sales by Palmer Duncan, who sold 505 shares on May 12, 2026, at an average price of $133.86. Additionally, on May 5, 2026, insiders including Sandra Rowland, Palmer Duncan, Bill Burns, David Perkins, and Annette Clayton collectively bought shares, although the transaction prices were not disclosed.

Analysts Set New Price Targets

On May 12, 2026, Morgan Stanley maintained its "hold" rating for Oshkosh with a price target of $150. Truist Securities reiterated a "hold" rating on May 11, 2026, with a target of $176. Meanwhile, Baird maintained a "buy" rating on the same day, setting a target price of $172. The consensus among analysts suggests a mean target price of $162.19 across 17 opinions.

About Oshkosh Corporation

Oshkosh Corporation, based in Oshkosh, Wisconsin, designs and manufactures specialty vehicles and equipment worldwide. The company operates through Access, Vocational, and Transport segments, offering products ranging from aerial work platforms and telehandlers to firefighting and defense vehicles. Founded in 1915, Oshkosh employs around 18,000 people and is led by CEO John C. Pfeifer.

Bottom Line

Aristotle Capital Management's decision to reduce its stake in Oshkosh Corporation is a notable move, reflecting its investment strategy as of the latest reporting period. Investors often track such changes for insight into fund managers' views, though it's important to remember that 13F filings are backward-looking and may not represent current positions. Oshkosh remains an active player in the industrial sector, with ongoing analyst interest and insider activity.