Oshkosh Corp (OSK)

Oshkosh Corp.'s stock price rose by 49.93% over the last 12 months, reaching a 52-week high of $180.49 on February 11, 2026. Citi downgraded Oshkosh from a "buy" to a "neutral" rating on April 16, 2026, citing concerns over softening industrial demand. On May 8, 2026, Oshkosh reported first-quarter adjusted earnings per share (EPS) of $0.85, missing analyst estimates, and the company's shares fell by 3.97% in pre-market trading. Revenue slightly exceeded estimates, but adjusted operating income declined due to an unfavorable sales mix, higher manufacturing overhead costs, and lower sales volume in the Access and Vocational segments.

Demand for Oshkosh Corp.'s products and services exhibits seasonality and unevenness across its various end markets. The Defense segment's revenue is susceptible to fluctuations due to reliance on U.S. government contracts. Demand in the Access segment is improving, bolstered by large-scale projects. Fire truck production is expected to see sequential increases, while refuse vehicle volumes are projected to decline for the full year due to cautious customer capital expenditure.

Oshkosh Corporation is an American industrial technology company specializing in the design, manufacture, and distribution of purpose-built vehicles and equipment, operating primarily within the Automotive and Defense sectors. Its major products are categorized into Access Equipment, Defense, Fire & Emergency, and Commercial segments. The Access Equipment segment includes aerial work platforms and telehandlers. The Defense segment produces tactical wheeled vehicles and military vehicles. The Fire & Emergency segment manufactures firefighting vehicles and equipment, and ambulances. The Commercial segment includes refuse collection vehicles, concrete mixers, and towing and recovery vehicles.

Oshkosh Corporation is headquartered in Oshkosh, Wisconsin, and has a significant global presence with manufacturing operations in eight U.S. states, Australia, Canada, China, France, and Romania. It also has investments in joint ventures in Mexico and Brazil. The company's products and services are sold in over 150 countries worldwide, supported by a global service network.

Oshkosh Corporation maintains a strong brand reputation, particularly in ethical business practices and sustainability. The company has been recognized by Ethisphere as one of the World's Most Ethical Companies for ten consecutive years as of March 2025, and for the eleventh consecutive year in 2026. It was also named a 2026 CIO 100 Award Winner for the eighth consecutive year on March 30, 2026. Oshkosh has consistently ranked as Barron's #1 most sustainable industrials company and was added to the Just Capital ETF in early 2019.

Oshkosh Corporation is predominantly owned by institutional shareholders, with ownership ranging from approximately 40.54% to 103.89%. Key institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Insiders hold a smaller portion, ranging from 0.77% to 5.09%, with Stephen P. Mosling being the largest individual shareholder. Recent insider trading activity has shown sales by executives.