$OSK

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Oshkosh Defense, a division of the financially strong $OSK (+0%) Corporation with an annual turnover of over 10.3 billion US dollars, announced on Wednesday that it had received a contract from the U.S. Army worth 89 million US dollars.

The order includes new Palletized Load System (PLS) A2 vehicles, kits and installations under the Family of Heavy Tactical Vehicles contract.

According to Investing.com, the company has strong liquidity, with current assets exceeding current liabilities.

The PLS A2 vehicles are equipped with advanced technologies, including by-wire functionality for autonomous operation and active safety systems designed to enhance the protection of soldiers in complex operational environments.

These capabilities support cross-domain operations on long-range battlefields and along contested supply lines.

"Together, we are delivering next-generation capabilities that better protect soldiers in today's missions while laying the foundation for future fleet sustainability," said Pat Williams, Chief Programs Officer at Oshkosh Defense.

The Family of Heavy Tactical Vehicles program includes the A4 Heavy Expanded Mobility Tactical Truck and enables the U.S. Army to reduce lifecycle costs through the use of standardized, militarized commercial components. The program allows the U.S. Army to efficiently integrate new and modernized variants, with vehicle procurement possible through August 2029.

The company has maintained its dividend payments for 13 consecutive years and currently has a dividend yield of 1.57%.

In other recent news, Oshkosh was the focus of several analysts following the publication of the second quarter report. UBS raised its price target for Oshkosh to USD 164, citing strong quarterly results in which earnings per share exceeded consensus estimates and profit margins improved in all business segments.

Raymond James also raised the price target to USD 155 and emphasized the adjusted earnings per share of USD 3.41, which exceeded expectations.

DA Davidson also raised its target to USD 160, citing a normalization of the situation in the Access segment.

KeyBanc was even more optimistic and raised its target price from USD 140 to USD 180.

The reason given was higher estimates for the 2027 financial year, despite lower expectations for the "Access" segment.

KeyBanc also reiterated its "Overweight" rating and emphasized Oshkosh's solid progress in achieving its 2028 targets and the elimination of a previously expected tariff charge of USD 0.50.

$OSK (+0%) 🚀

Oshkosh Corporation reported adjusted earnings of 3.41 dollars per share for the quarter ended June 30, up from 3.34 dollars per share in the same quarter last year.

The average expectation of thirteen analysts for the quarter was earnings of$2.95 per share. Wall Street expected earnings of between $2.64 and $3.16 per share.

• Sales fell by 4 percent to 2.73 billion dollars compared to the previous year; analysts had expected 2.66 billion dollars.

• EPS reported by Oshkosh Corp for the quarter was $3.16.

• The company reported a quarterly net profit of204.8 million dollars.

• Oshkosh Corp shares rose11.4% this quarter and are up 33.1% so far this year.

Hello, today I have attached my two year old portfolio.

I made some mistakes that I regret a lot but that's not the point today.

I'm interested in whether I've made the titles $OSK (+0%) & $KRYS (-0,36%) should sell.

I've simply invested too little to make big profits there, although I'm currently making quite a decent return, but as I said, I've simply put in too little cash...

I believe in both stocks, but I also want to slim down my portfolio a bit and I'm currently saving up cash for the next setback so that I can invest more money in existing stocks.

So would you hold the stocks and add to them in the event of a setback or would you say sell and then shift into existing stocks with the additional money you have freed up?

Many thanks in advance :)

PS: If you still feel like it, you are welcome to comment on the portfolio, I still have a lot to learn and criticism and improvements are always welcome ;-)

First tranche

OSHKOSH $OSK (+0%) is a global industrial technology company focused on the development of innovative specialty vehicles and equipment. Oshkosh reported its Q4 quarterly figures this week and exceeded all expectations. Perhaps of interest to some of you.

Annual results

The company reported net sales of USD 10.76 billion for 2024 (2023: USD 9.66 billion) and net income of

net profit of USD 681.4 million (2023: USD 598.0 million) or USD 10.35 per diluted share (2023: USD 9.08).

Adjusted1 net income for 2024 amounted to USD 772.7 million (2023: USD 657.2 million)

or USD 11.74 per diluted share (2023: USD 9.98).

Expectations for 2025

The Company announced its 2025 diluted earnings per share estimate of approximately USD 10.30 and its adjusted1 earnings per share estimate of approximately USD 11.00 on projected net sales of approximately USD 10.6 billion.

Dividend announcement

The Company's Board of Directors today announced a quarterly cash dividend of $0.51 per common share. The dividend represents an increase of 11 percent over the previous dividend and will be paid on March 3, 2025 to shareholders of record as of February 17, 2025.

Repurchase of ordinary shares - The company has in the fourth quarter of 2024 repurchased 494,069 ordinary shares for USD 50.4 million.

Subsequent acquisition of a solid US company

Oshkosh $OSK (+0%) Defense (this is only one division of the company) is currently receiving one order after another.

Peace☮️

Oshkosh Corporation $OSK (+0%) (First position)

designs, manufactures and markets a wide range of specialty vehicles such as trucks, off-road vehicles and related bodies. The range includes vehicles for fire and emergency services, vans for special transportation and military vehicles.

5.69 $ billion market cap

P/E ratio just below 10

Sales and profits are rising steadily, with ongoing growth also being recorded

There is also a small dividend

Here is a presentation on the homepage of the IR department

https://ir-api.eqs.com/redirect/5100a0c6-460f-4f92-b8cf-f400dc020bbf?disposition=inline&t=1694676668499

The company has production facilities in the USA, Australia, Belgium, France, the Netherlands and Romania and supplies its products to customers in 130 countries.