Wells Fargo has initiated coverage on Oshkosh Corp (OSK) with an Overweight rating as of November 13, 2025. This marks the firm's first assessment of the company, which operates in the machinery industry, focusing on the design and manufacture of purpose-built vehicles and equipment. Based in Oshkosh, Wisconsin, Oshkosh Corp employs approximately 18,500 people and operates through three segments: Access, Defense, and Vocational.
The Access segment produces equipment for construction and industrial applications, while the Defense segment designs specialty vehicles for the U.S. Department of Defense. The Vocational segment includes brands like Pierce and McNeilus. As of November 8, 2025, Oshkosh Corp has a market capitalization of $7.9 billion, a P/E ratio of 11.93, and an EPS of 10.26, with a notable dividend yield of 162.4%.
Upcoming earnings reports are scheduled for April 27, 2026, and July 29, 2026, with estimated EPS of $2.39 and $3.78, respectively. Analyst consensus currently stands at a Buy, with 4 Strong Buy, 8 Buy, 5 Hold, and 1 Sell ratings among 18 analysts. The announcement highlights Wells Fargo's confidence in Oshkosh's growth prospects and market positioning.