Key Points
- Director Howard Iv Hanna sold 2,400 Park‑Ohio shares on March 16 at an average price of $25.05 for proceeds of $60,120, reducing his stake by 9.06% to 24,100 shares, as disclosed in an SEC filing.
- Park‑Ohio missed Q results (EPS $0.65 vs. $0.74 expected; revenue $395M vs. $402.9M), set FY2026 guidance of 2.900–3.200 EPS, pays a $0.125 quarterly dividend (2.1% yield), and carries a consensus "Hold" rating with a $37 target.
Park-Ohio Holdings Corp. (NASDAQ:PKOH - Get Free Report) Director Howard Iv Hanna sold 2,400 shares of the business's stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $25.05, for a total value of $60,120.00. Following the transaction, the director directly owned 24,100 shares in the company, valued at approximately $603,705. This trade represents a 9.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Park-Ohio Stock Performance
NASDAQ:PKOH traded down $0.18 on Thursday, hitting $23.68. The company's stock had a trading volume of 374 shares, compared to its average volume of 27,231. Park-Ohio Holdings Corp. has a one year low of $15.52 and a one year high of $29.50. The firm has a market capitalization of $341.04 million, a P/E ratio of 13.79 and a beta of 1.11. The stock has a fifty day moving average of $24.89 and a two-hundred day moving average of $22.27. The company has a current ratio of 2.33, a quick ratio of 1.18 and a debt-to-equity ratio of 1.62.
Park-Ohio (NASDAQ:PKOH - Get Free Report) last posted its earnings results on Wednesday, March 4th. The industrial products company reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.09). Park-Ohio had a return on equity of 10.13% and a net margin of 1.49%.The business had revenue of $395.00 million for the quarter, compared to analyst estimates of $402.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.
Park-Ohio Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, February 6th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Friday, February 6th. Park-Ohio's payout ratio is currently 29.24%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of PKOH. CWM LLC lifted its position in Park-Ohio by 238.4% during the third quarter. CWM LLC now owns 1,215 shares of the industrial products company's stock worth $26,000 after purchasing an additional 856 shares during the period. BNP Paribas Financial Markets increased its holdings in Park-Ohio by 69.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company's stock valued at $55,000 after buying an additional 1,065 shares during the period. Tower Research Capital LLC TRC raised its position in shares of Park-Ohio by 377.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,699 shares of the industrial products company's stock valued at $48,000 after buying an additional 2,134 shares in the last quarter. Jones Financial Companies Lllp acquired a new position in shares of Park-Ohio in the 1st quarter valued at approximately $80,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Park-Ohio by 73.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 3,920 shares of the industrial products company's stock worth $83,000 after acquiring an additional 1,659 shares during the period. Institutional investors and hedge funds own 51.38% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on PKOH shares. KeyCorp upgraded shares of Park-Ohio from a "sector weight" rating to an "overweight" rating and set a $37.00 target price for the company in a research note on Monday, February 9th. Wall Street Zen upgraded shares of Park-Ohio from a "hold" rating to a "buy" rating in a research note on Saturday, March 7th. Weiss Ratings restated a "hold (c)" rating on shares of Park-Ohio in a research report on Thursday, January 22nd. Finally, Zacks Research upgraded Park-Ohio to a "hold" rating in a report on Monday, February 9th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $37.00.
Get Our Latest Stock Analysis on PKOH
About Park-Ohio
(
Get Free Report)
Park-Ohio Holdings Corp is a diversified industrial company that supplies engineered products and distribution services to a broad array of end markets. Through its two primary operating segments—Engineered Solutions and Supply Chain Solutions—the company delivers metal components, assemblies and value-added distribution tailored to energy, transportation, industrial and commercial applications.
The Engineered Solutions segment provides design, machining, fabrication and assembly of custom metal parts, including heat exchangers, welded assemblies, tubing products and precision-machined components.
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