Robert Vilsack Sells 6,404 Shares of Park-Ohio (NASDAQ:PKOH) Stock

Park-Ohio Holdings Corp. (NASDAQ:PKOH) insider Robert Vilsack sold 6,404 shares of the firm’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $38.45, for a total value of $246,233.80. Following the transaction, the insider directly owned 186,539 shares in the company, valued at approximately $7,172,424.55. This represents a 3.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Park-Ohio Stock Down 1.4%

Shares of PKOH opened at $37.91 on Thursday. Park-Ohio Holdings Corp. has a 1 year low of $15.52 and a 1 year high of $39.33. The company has a debt-to-equity ratio of 1.70, a current ratio of 2.40 and a quick ratio of 1.23. The stock has a 50 day simple moving average of $32.39 and a two-hundred day simple moving average of $27.10. The firm has a market cap of $545.90 million, a P/E ratio of 22.57, a P/E/G ratio of 1.04 and a beta of 1.17.

Park-Ohio (NASDAQ:PKOH) last posted its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.65 EPS for the quarter, hitting the consensus estimate of $0.65. The firm had revenue of $421.00 million for the quarter, compared to the consensus estimate of $413.90 million. Park-Ohio had a net margin of 1.46% and a return on equity of 9.93%. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. On average, analysts forecast that Park-Ohio Holdings Corp. will post 3.1 earnings per share for the current fiscal year.

Park-Ohio Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given 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 (DPR) is presently 29.76%.

Analysts Set New Price Targets

PKOH has been the subject of several analyst reports. Weiss Ratings upgraded 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 downgraded Park-Ohio from a “strong-buy” rating to a “buy” rating in a report on Monday, June 15th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $37.00.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC boosted its position in Park-Ohio by 377.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,699 shares of the industrial products company’s stock valued at $48,000 after buying an additional 2,134 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Park-Ohio by 69.3% during the third quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company’s stock valued at $55,000 after acquiring an additional 1,065 shares during the last quarter. Jones Financial Companies Lllp purchased a new stake in shares of Park-Ohio during the first quarter worth about $80,000. Russell Investments Group Ltd. grew its stake in shares of Park-Ohio by 73.4% in the third quarter. Russell Investments Group Ltd. now owns 3,920 shares of the industrial products company’s stock worth $83,000 after purchasing an additional 1,659 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Park-Ohio during the 2nd quarter valued at about $90,000. 51.38% of the stock is owned by hedge funds and other institutional investors.

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.