Key Points
- Director James Wert sold 1,000 Park-Ohio shares at an average price of $46.50, reducing his holdings by 1.11% to 89,456 shares valued at approximately $4.16 million.
- Park-Ohio reported quarterly EPS of $0.93, exceeding estimates of $0.81, while revenue of $440.1 million also surpassed expectations. The company guided to fiscal 2026 EPS of $3.10–$3.30.
- The company pays a quarterly dividend of $0.125, equivalent to $0.50 annually and a 1.1% yield. Analysts maintain a consensus “Hold” rating, with an average price target of $59, while institutional investors own 51.38% of shares.
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 Monday, September 21st. The shares were sold at an average price of $46.50, for a total value of $46,500.00. Following the transaction, the director owned 89,456 shares of the company's stock, valued at approximately $4,159,704. This represents a 1.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Park-Ohio Stock Performance
NASDAQ:PKOH opened at $46.81 on Thursday. The stock has a market cap of $678.28 million, a P/E ratio of 24.90, a price-to-earnings-growth ratio of 1.22 and a beta of 1.22. The firm's fifty day simple moving average is $44.34 and its 200 day simple moving average is $35.19. Park-Ohio Holdings Corp. has a twelve month low of $18.06 and a twelve month high of $53.30. The company has a quick ratio of 1.26, a current ratio of 2.40 and a debt-to-equity ratio of 1.66.
Park-Ohio (NASDAQ:PKOH - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.81 by $0.12. Park-Ohio had a net margin of 1.60% and a return on equity of 10.55%. The business had revenue of $440.10 million during the quarter, compared to analyst estimates of $425.57 million. Park-Ohio has set its FY 2026 guidance at 3.100-3.300 EPS. As a group, research analysts predict that Park-Ohio Holdings Corp. will post 3.22 EPS for the current year.
Park-Ohio Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were issued a $0.125 dividend. The ex-dividend date was Friday, July 31st. This represents a $0.50 annualized dividend and a yield of 1.1%. Park-Ohio's dividend payout ratio (DPR) is 26.60%.
Hedge Funds Weigh In On Park-Ohio
A number of institutional investors and hedge funds have recently made changes to their positions in PKOH. JB Capital Partners LP lifted its holdings in shares of Park-Ohio by 52.9% during the fourth quarter. JB Capital Partners LP now owns 117,599 shares of the industrial products company's stock valued at $2,451,000 after purchasing an additional 40,700 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Park-Ohio in the 2nd quarter worth approximately $28,189,000. Bank of New York Mellon Corp bought a new position in Park-Ohio during the 2nd quarter valued at approximately $4,403,000. CM Wealth Advisors LLC bought a new position in Park-Ohio during the 2nd quarter valued at approximately $4,302,000. Finally, Hsbc Holdings PLC purchased a new position in Park-Ohio during the second quarter valued at $549,000. Institutional investors own 51.38% of the company's stock.
Wall Street Analyst Weigh In
PKOH has been the topic of a number of research analyst reports. Weiss Ratings upgraded Park-Ohio from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, July 30th. Wall Street Zen upgraded Park-Ohio from a "buy" rating to a "strong-buy" rating in a research report on Thursday, August 13th. Finally, KeyCorp upped their price target on Park-Ohio from $45.00 to $59.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $59.00.
View Our Latest Research Report on Park-Ohio
Park-Ohio Company Profile
(
Get Free Report)
Park-Ohio Holdings Corp. is a diversified manufacturing and supply-chain services company headquartered in Ohio. Through its operating businesses, the company supplies engineered components and manages the movement of materials and parts for original equipment manufacturers and other industrial customers.
Park-Ohio's Supply Chain Management businesses provide outsourced manufacturing, sourcing, inventory management, logistics, packaging, and just-in-time delivery services. These operations help customers procure raw materials and component parts, coordinate production requirements, and deliver products to manufacturing facilities.
Its Diversified Manufacturing businesses produce a range of engineered products, including forged, machined, formed, molded, and assembled components.
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