Gamco Investors INC. ET AL Purchases 32,061 Shares of Park-Ohio Holdings Corp. $PKOH

Gamco Investors INC. ET AL lifted its position in Park-Ohio Holdings Corp. (NASDAQ:PKOH) by 3.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,115,331 shares of the industrial products company’s stock after buying an additional 32,061 shares during the period. Gamco Investors INC. ET AL owned approximately 0.08% of Park-Ohio worth $23,690,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Teton Advisors LLC purchased a new stake in Park-Ohio during the third quarter valued at approximately $3,313,000. First Eagle Investment Management LLC grew its holdings in Park-Ohio by 18.8% in the second quarter. First Eagle Investment Management LLC now owns 386,025 shares of the industrial products company’s stock worth $6,894,000 after purchasing an additional 61,132 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of Park-Ohio during the third quarter worth $1,079,000. Private Management Group Inc. increased its position in shares of Park-Ohio by 1.9% during the second quarter. Private Management Group Inc. now owns 1,023,164 shares of the industrial products company’s stock worth $18,274,000 after purchasing an additional 18,853 shares in the last quarter. Finally, Cerity Partners LLC purchased a new stake in shares of Park-Ohio during the 2nd quarter valued at $297,000. Institutional investors own 51.38% of the company’s stock.

Wall Street Analysts Forecast Growth

PKOH has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Park-Ohio in a research note on Thursday, January 22nd. Wall Street Zen upgraded Park-Ohio from a “hold” rating to a “buy” rating in a research note on Saturday. KeyCorp raised Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 price target for the company in a report on Monday, February 9th. Finally, Zacks Research upgraded Park-Ohio to a “hold” rating in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Park-Ohio has an average rating of “Hold” and an average target price of $37.00.

Park-Ohio Trading Down 8.0%

NASDAQ PKOH opened at $25.59 on Friday. Park-Ohio Holdings Corp. has a 12-month low of $15.52 and a 12-month high of $29.50. The company has a fifty day simple moving average of $24.28 and a two-hundred day simple moving average of $21.96. 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 stock has a market cap of $368.50 million, a P/E ratio of 14.96 and a beta of 1.11.

Park-Ohio (NASDAQ:PKOH) last announced its quarterly earnings data 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 net margin of 1.49% and a return on equity of 10.22%. The company had revenue of $395.00 million for the quarter, compared to analysts’ expectations of $402.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.

Park-Ohio Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, February 6th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.0%. The ex-dividend date was Friday, February 6th. Park-Ohio’s payout ratio is presently 29.76%.

Park-Ohio Company Profile

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.