Park-Ohio (NASDAQ:PKOH) Insider Sells 2,290 Shares of Stock

Park-Ohio Holdings Corp. (NASDAQ:PKOH) insider Robert Vilsack sold 2,290 shares of the stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $38.42, for a total value of $87,981.80. Following the sale, the insider owned 184,249 shares in the company, valued at approximately $7,078,846.58. This trade represents a 1.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Park-Ohio Price Performance

Shares of NASDAQ PKOH traded up $0.23 during trading on Tuesday, reaching $38.45. The company had a trading volume of 50,793 shares, compared to its average volume of 50,717. Park-Ohio Holdings Corp. has a twelve month low of $15.52 and a twelve month high of $39.33. The stock has a market capitalization of $553.68 million, a PE ratio of 22.89, a price-to-earnings-growth ratio of 1.05 and a beta of 1.19. The stock has a 50-day moving average price of $31.94 and a two-hundred day moving average price of $26.89. The company has a current ratio of 2.40, a quick ratio of 1.23 and a debt-to-equity ratio of 1.70.

Park-Ohio (NASDAQ:PKOH) last posted its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $0.65 EPS for the quarter, meeting analysts’ consensus estimates of $0.65. The business had revenue of $421.00 million for the quarter, compared to analyst estimates of $413.90 million. Park-Ohio had a return on equity of 9.93% and a net margin of 1.46%.Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, sell-side analysts predict that Park-Ohio Holdings Corp. will post 3.1 earnings per share for the current year.

Park-Ohio Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, May 1st. Park-Ohio’s dividend payout ratio is 29.76%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on PKOH shares. Weiss Ratings raised shares of Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Wall Street Zen lowered shares of Park-Ohio from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 15th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $37.00.

Institutional Trading of Park-Ohio

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC boosted its holdings in Park-Ohio by 4.0% in the fourth quarter. AQR Capital Management LLC now owns 13,523 shares of the industrial products company’s stock valued at $283,000 after acquiring an additional 517 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Park-Ohio by 10.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,449 shares of the industrial products company’s stock worth $118,000 after acquiring an additional 527 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Park-Ohio by 4.4% in the 2nd quarter. Rhumbline Advisers now owns 13,836 shares of the industrial products company’s stock worth $247,000 after purchasing an additional 589 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of 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 worth $55,000 after purchasing an additional 1,065 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of Park-Ohio by 25.3% in the 3rd quarter. Bank of America Corp DE now owns 6,048 shares of the industrial products company’s stock valued at $128,000 after purchasing an additional 1,222 shares in the last quarter. Hedge funds and other institutional investors own 51.38% of the company’s stock.

About Park-Ohio

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.