Vanguard Amends Oshkosh Corp Stake, Remains Key Institutional Holder
Ticker: OSK · Form: SC 13G/A · Filed: Feb 13, 2024 · CIK: 775158
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**Vanguard just updated its Oshkosh Corp stake, still a big player.**
AI Summary
The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, indicating a change in its beneficial ownership of Oshkosh Corp (OSK) common stock as of December 29, 2023. This filing, an amendment number 13, shows Vanguard continues to be a significant institutional holder, which can provide stability but also means large movements by Vanguard could impact the stock price. Investors should note that Vanguard's continued presence suggests a long-term, passive investment strategy in Oshkosh.
Why It Matters
This filing confirms Vanguard's ongoing, substantial investment in Oshkosh Corp, signaling confidence from a major institutional investor, which can be a positive indicator for current and prospective shareholders.
Risk Assessment
Risk Level: low — This filing is routine for large institutional investors and doesn't indicate any immediate negative or highly volatile changes for Oshkosh Corp.
Analyst Insight
Investors should view this as a routine update from a major institutional investor. While it doesn't signal a new buying opportunity or immediate concern, it reinforces that Oshkosh Corp remains part of Vanguard's broad index-tracking portfolios.
Key Players & Entities
- The Vanguard Group (company) — reporting person and major institutional investor
- Oshkosh Corp (company) — subject company whose securities are being reported
- December 29, 2023 (date) — date of event requiring the filing
- February 13, 2024 (date) — filing date of the SC 13G/A
FAQ
What type of filing is this and what does it signify?
This is an SC 13G/A filing, which is an amendment to a Schedule 13G. It signifies that The Vanguard Group, a passive institutional investor, has updated its beneficial ownership information for Oshkosh Corp's common stock.
Who is the reporting person in this filing?
The reporting person is The Vanguard Group, identified with IRS Identification No. 23-1945930 and organized in Pennsylvania.
What is the subject company and its CUSIP number?
The subject company is Oshkosh Corp, and the CUSIP number for its Common Stock is 688239201.
When was the event that triggered this filing?
The date of the event which required the filing of this statement was December 29, 2023.
Under which rule was this Schedule 13G/A filed?
This Schedule 13G/A was filed under Rule 13d-1(b) of the Securities Exchange Act of 1934, as indicated by the checked box in the filing.
Filing Stats: 807 words · 3 min read · ~3 pages · Grade level 11.3 · Accepted 2024-02-13 17:12:22
Filing Documents
- tv01633-oshkoshcorp.htm (SC 13G/A) — 11KB
- 0001104659-24-021647.txt ( ) — 13KB
(a) - Name of Issuer
Item 1(a) - Name of Issuer: Oshkosh Corp
(b) - Address of Issuer's Principal Executive Offices
Item 1(b) - Address of Issuer's Principal Executive Offices: 1917 Four Wheel Drive Oshkosh, WI 54902
(a) - Name of Person Filing
Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930
(b) – Address of Principal Business Office or, if none, residence
Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355
(c) – Citizenship
Item 2(c) – Citizenship: Pennsylvania
(d) - Title of Class of Securities
Item 2(d) - Title of Class of Securities: Common Stock
(e) - CUSIP Number
Item 2(e) - CUSIP Number 688239201
- Type of Filing
Item 3 - Type of Filing: This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).
- Ownership
Item 4 - Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: (ii) shared power to vote or direct to vote: (iii) sole power to dispose of or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: Comments: The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.
- Ownership of Five Percent or Less of a Class
Item 5 - Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following
- Ownership of More Than Five Percent on Behalf of Another Person
Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%. Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable
- Identification and Classification of Members of Group
Item 8 - Identification and Classification of Members of Group: Not applicable
- Notice of Dissolution of Group
Item 9 - Notice of Dissolution of Group: Not applicable
- Certification
Item 10 - Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2024 By /s/ Ashley Grim Name: Ashley Grim Title: Head of Global Fund Administration