Park-Ohio (NASDAQ:PKOH) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Park-Ohio Holdings Corp. (NASDAQ:PKOH)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $22.71 and traded as high as $26.53. Park-Ohio shares last traded at $26.44, with a volume of 19,514 shares.

Analyst Ratings Changes

PKOH has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Park-Ohio in a research note on Thursday, January 22nd. Zacks Research raised Park-Ohio to a “hold” rating in a research report on Monday, February 9th. Wall Street Zen upgraded Park-Ohio from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 4th. Finally, KeyCorp raised Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 price objective for the company in a research note on Monday, February 9th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Park-Ohio has an average rating of “Hold” and an average price target of $37.00.

Park-Ohio Trading Down 1.4%

The firm has a market cap of $378.58 million, a P/E ratio of 15.37 and a beta of 1.13. The company has a 50 day moving average of $25.55 and a 200 day moving average of $22.75. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.18 and a current ratio of 2.33.

Park-Ohio (NASDAQ:PKOH) last posted its earnings results on Wednesday, March 4th. The industrial products company reported $0.65 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $402.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.

Park-Ohio Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, February 6th were issued a $0.125 dividend. The ex-dividend date was Friday, February 6th. This represents a $0.50 dividend on an annualized basis and a yield of 1.9%. Park-Ohio’s dividend payout ratio is currently 29.24%.

Insider Buying and Selling at Park-Ohio

In other Park-Ohio news, Director Howard W. Iv Hanna sold 2,600 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $24.80, for a total transaction of $64,480.00. Following the completion of the sale, the director owned 21,500 shares of the company’s stock, valued at $533,200. This represents a 10.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ronna Romney sold 2,000 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $24.51, for a total transaction of $49,020.00. Following the completion of the sale, the director owned 26,944 shares of the company’s stock, valued at $660,397.44. The trade was a 6.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 7,000 shares of company stock worth $173,620 over the last three months. Company insiders own 31.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PKOH. Gamco Investors INC. ET AL lifted its position in Park-Ohio by 14.1% during the 4th quarter. Gamco Investors INC. ET AL now owns 1,272,221 shares of the industrial products company’s stock worth $26,640,000 after acquiring an additional 156,890 shares during the last quarter. Teton Advisors LLC bought a new position in shares of Park-Ohio in the third quarter worth about $3,313,000. Assenagon Asset Management S.A. bought a new position in shares of Park-Ohio in the third quarter worth about $1,079,000. JB Capital Partners LP lifted its position in shares of Park-Ohio by 52.9% during the 4th quarter. JB Capital Partners LP now owns 117,599 shares of the industrial products company’s stock worth $2,451,000 after purchasing an additional 40,700 shares during the last quarter. Finally, First Eagle Investment Management LLC boosted its stake in Park-Ohio by 7.3% during the 3rd quarter. First Eagle Investment Management LLC now owns 414,070 shares of the industrial products company’s stock valued at $8,795,000 after purchasing an additional 28,045 shares during the period. Institutional investors own 51.38% of the company’s stock.

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.