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OSK

Oshkosh Corporation

In the published model solve dated 2026-Q2, anchored at $152.73, Oshkosh Corporation (OSK) is priced for +8.9% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.

Published model solve
+8.9% growth
Priced In
within-range

Key Takeaways

- The counterintuitive fact is the backlog. Oshkosh sits on roughly $14.5 billion of consolidated orders, with $6.6 billion in Vocational alone, even as the most recent quarter's earnings fell hard. The order book points up while the income statement points down. - At $139.87 the price pays about 12x company-wide operating income, implying roughly 8% annual operating growth for five years. The near-term rate is within what Oshkosh has delivered, so the bet is on duration as the back-half ramp ar

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Institutional ownership

568 institutional managers reported holding OSK in 13F filings for the quarter ended 2026-03-31. 95 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 2.9M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (4.6 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

OSK has cut its share count 8.7% over the past five years, spending $863.60M on repurchases. It pays a dividend, and has for 12 years running, raised 10 years straight; the current rate is $2.04 a share annually. Cash returned over the past three years: $339.60M in dividends and $441.20M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at OSK over the trailing three years. Absence is a fact about the company, not a signal. 22 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

OSK's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-02+10.7%-9.5%
2023-10-27-0.8%+25.9%
2024-03-01-2.4%+2.3%
2024-04-26-3.2%-8.0%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

OSK's latest 8-K filings: 2026-07-28 (items 2.02, 9.01); 2026-05-08 (items 5.07); 2026-05-08 (items 2.02, 9.01); 2026-03-16 (items 1.01, 2.03, 9.01); 2026-01-29 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.