Key Points
- Director sale: Ronna Romney sold 2,975 Park‑Ohio shares at an average price of $20.29 for $60,362.75, reducing her holding by 9.32% to 28,944 shares (valued at ~$587,274).
- Earnings miss but guidance set: Park‑Ohio reported Q earnings of $0.65 per share (vs. $0.83 expected) and revenue of $398.6M (vs. $417.3M), and issued FY2025 guidance of $2.70–$2.90 EPS.
- Stock and payout metrics: PKOH opened at $21.79 with a 12‑month range of $15.52–$32.80, a market cap of ~$313.8M and P/E of 12.93, and pays a $0.125 quarterly dividend (2.3% yield, DPR ~29.8%).
Park-Ohio Holdings Corp. (NASDAQ:PKOH - Get Free Report) Director Ronna Romney sold 2,975 shares of the business's stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $20.29, for a total value of $60,362.75. Following the sale, the director owned 28,944 shares in the company, valued at $587,273.76. This represents a 9.32% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Park-Ohio Stock Performance
Shares of PKOH stock opened at $21.79 on Thursday. The business's 50-day moving average price is $20.32 and its 200-day moving average price is $19.26. Park-Ohio Holdings Corp. has a 12 month low of $15.52 and a 12 month high of $32.80. The company has a current ratio of 2.56, a quick ratio of 1.32 and a debt-to-equity ratio of 1.74. The firm has a market capitalization of $313.79 million, a price-to-earnings ratio of 12.93 and a beta of 1.18.
Park-Ohio (NASDAQ:PKOH - Get Free Report) last posted its earnings results on Wednesday, November 5th. The industrial products company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.18). Park-Ohio had a return on equity of 10.53% and a net margin of 1.46%.The business had revenue of $398.60 million for the quarter, compared to analyst estimates of $417.30 million. Park-Ohio has set its FY 2025 guidance at 2.700-2.900 EPS.
Park-Ohio Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 14th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Friday, November 14th. Park-Ohio's dividend payout ratio (DPR) is currently 29.76%.
Hedge Funds Weigh In On Park-Ohio
A number of institutional investors and hedge funds have recently made changes to their positions in PKOH. CWM LLC increased its position in Park-Ohio by 238.4% in the 3rd quarter. CWM LLC now owns 1,215 shares of the industrial products company's stock valued at $26,000 after buying an additional 856 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of Park-Ohio by 377.7% during the second quarter. Tower Research Capital LLC TRC now owns 2,699 shares of the industrial products company's stock worth $48,000 after purchasing an additional 2,134 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Park-Ohio by 14,282.4% in the 1st quarter. Russell Investments Group Ltd. now owns 2,445 shares of the industrial products company's stock worth $53,000 after purchasing an additional 2,428 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Park-Ohio by 69.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company's stock valued at $55,000 after purchasing an additional 1,065 shares in the last quarter. Finally, Jones Financial Companies Lllp acquired a new position in Park-Ohio during the first quarter worth $80,000. Institutional investors own 51.38% of the company's stock.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a "hold (c)" rating on shares of Park-Ohio in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of "Hold".
Check Out Our Latest Stock Report on PKOH
Park-Ohio Company Profile
(
Get Free Report)
Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It operates through three segments: Supply Technologies, Assembly Components, and Engineered Products.
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