Key Points
- Director James Wert sold 1,000 Park-Ohio shares at an average price of $46.18, generating $46,180. After the sale, he retained 95,456 shares worth approximately $4.41 million.
- Park-Ohio reported quarterly EPS of $0.93, beating estimates of $0.81, while revenue reached $440.1 million versus the $425.57 million consensus. The company guided for fiscal 2026 EPS of $3.10–$3.30.
- The company pays a quarterly dividend of $0.125 per share, equal to a $0.50 annualized payout and a 1.1% yield. Analysts maintain a consensus “Hold” rating with a $59 price target, despite KeyCorp raising its target to $59 and assigning an “Overweight” rating.
Park-Ohio Holdings Corp. (NASDAQ:PKOH - Get Free Report) Director James Wert sold 1,000 shares of the company's stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $46.18, for a total value of $46,180.00. Following the completion of the sale, the director owned 95,456 shares in the company, valued at approximately $4,408,158.08. This represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Park-Ohio Stock Performance
Shares of NASDAQ:PKOH opened at $45.78 on Friday. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.40 and a quick ratio of 1.26. The business's fifty day moving average price is $42.62 and its two-hundred day moving average price is $33.96. Park-Ohio Holdings Corp. has a fifty-two week low of $18.06 and a fifty-two week high of $53.30. The stock has a market capitalization of $663.35 million, a price-to-earnings ratio of 24.35, a price-to-earnings-growth ratio of 1.21 and a beta of 1.22.
Park-Ohio (NASDAQ:PKOH - Get Free Report) last posted its earnings results on Wednesday, August 5th. The industrial products company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.12. The business had revenue of $440.10 million for the quarter, compared to analyst estimates of $425.57 million. Park-Ohio had a net margin of 1.60% and a return on equity of 10.55%. Park-Ohio has set its FY 2026 guidance at 3.100-3.300 EPS. As a group, analysts predict that Park-Ohio Holdings Corp. will post 3.22 EPS for the current fiscal year.
Park-Ohio Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, July 31st. Park-Ohio's dividend payout ratio is 26.60%.
Institutional Trading of Park-Ohio
Several hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc bought a new position in Park-Ohio during the second quarter worth about $38,000. BNP Paribas Financial Markets increased its holdings in shares of Park-Ohio by 69.3% in the third quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company's stock worth $55,000 after acquiring an additional 1,065 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. Jones Financial Companies Lllp acquired a new stake in shares of Park-Ohio during the first quarter worth about $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 valued at $83,000 after purchasing an additional 1,659 shares in the last quarter. Institutional investors and hedge funds own 51.38% of the company's stock.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on PKOH. KeyCorp upped their price target on Park-Ohio from $45.00 to $59.00 and gave the company an "overweight" rating in a research note on Friday, August 7th. Weiss Ratings raised shares of Park-Ohio from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, July 30th. Finally, Wall Street Zen raised Park-Ohio from a "buy" rating to a "strong-buy" rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Park-Ohio currently has a consensus rating of "Hold" and a consensus price target of $59.00.
Read Our Latest Stock Analysis on Park-Ohio
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.
Further Reading
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