14 Best Industrial Dividend Stocks to Buy According to Analysts

5. Oshkosh Corporation (NYSE:OSK)

Number of Hedge Fund Holders: 43

Upside Potential as of November 30: 18.76%

Dividend Yield as of November 28: 1.47%

Oshkosh Corporation (NYSE:OSK) is one of the best industrial stocks to buy. On November 25, Barclays analyst Adam Seiden began coverage of Oshkosh with a Buy rating and a $150 price target.

On November 12, in a separate business update, the company announced that it will let go of 160 employees from its Oregon Street plant in January 2026, following a massive $52.8 million drop in Q3 2025 sales. The company’s Director of Global Marketing and Communications, Alexandra Hittle, mentioned that these layoffs were the company’s last resort after all possible options were measured. She mentioned:

“Despite proactive measures to expand available work and retain our skilled team members, including upskilling programs, insourcing efforts and voluntary reductions, we continue to experience overstaffing in certain production areas.”

The president of United Auto Workers Local 578, Bob Lynk, criticized that the current layoffs resulted from Oshkosh Corporation focusing on its military segment, even though it lost the JLTV Phase 2 contract two years ago.

Oshkosh Corporation (NYSE:OSK), headquartered in Oshkosh, Wisconsin, manufactures specialized vehicles and equipment for global customers. The company has three main divisions: Access, Defense, and Vocational.