Park-Ohio Holdings Corp. (NASDAQ:PKOH – Get Free Report)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $35.53 and last traded at $34.9210, with a volume of 22554 shares. The stock had previously closed at $34.10.
More Park-Ohio News
Here are the key news stories impacting Park-Ohio this week:
- Positive Sentiment: Sidoti reiterated upbeat longer-term expectations for Park-Ohio, forecasting FY2027 EPS of $3.46, above the current full-year consensus of $3.13, suggesting improved earnings power ahead.
- Positive Sentiment: The firm also projected quarterly earnings growth through 2027, including $0.93 EPS for Q2 2027, $1.00 for Q3 2027, and $0.80 for Q4 2027, reinforcing a constructive growth outlook.
- Neutral Sentiment: Sidoti’s FY2026 EPS estimate of $3.06 is slightly below the consensus $3.13, indicating near-term expectations are a bit softer even as the longer-term view improves.
- Neutral Sentiment: The research note also provided updated estimates for multiple upcoming quarters, but no major operational announcement or earnings surprise was reported.
Analyst Ratings Changes
PKOH has been the subject of several analyst reports. Wall Street Zen raised Park-Ohio from a “buy” rating to a “strong-buy” rating in a research note on Sunday, June 7th. Weiss Ratings downgraded Park-Ohio from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. One 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 stock has an average rating of “Hold” and a consensus target price of $37.00.
Park-Ohio Stock Up 2.7%
The stock has a fifty day moving average price of $29.30 and a 200 day moving average price of $25.60. 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 market capitalization of $504.29 million, a P/E ratio of 20.85 and a beta of 1.20.
Park-Ohio (NASDAQ:PKOH – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.65 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.65. The business had revenue of $421.00 million for the quarter, compared to the consensus estimate 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. On average, research analysts forecast that Park-Ohio Holdings Corp. will post 3.13 earnings per share for the current year.
Park-Ohio Announces Dividend
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 dividend of $0.125 per share. The ex-dividend date was Friday, May 1st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. Park-Ohio’s dividend payout ratio is 29.76%.
Insider Buying and Selling at Park-Ohio
In other news, Director Howard W. Iv Hanna sold 2,600 shares of the business’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 value of $64,480.00. Following the sale, the director directly owned 21,500 shares of the company’s stock, valued at $533,200. The trade was a 10.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 31.10% of the company’s stock.
Hedge Funds Weigh In On Park-Ohio
Several hedge funds and other institutional investors have recently added to or reduced their stakes in PKOH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Park-Ohio by 10.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,449 shares of the industrial products company’s stock valued at $118,000 after acquiring an additional 527 shares in the last quarter. Jones Financial Companies Lllp purchased a new stake in Park-Ohio during the 1st quarter valued at $80,000. Geode Capital Management LLC raised its stake in Park-Ohio by 4.6% during the 2nd quarter. Geode Capital Management LLC now owns 220,439 shares of the industrial products company’s stock valued at $3,938,000 after buying an additional 9,656 shares during the last quarter. Rhumbline Advisers raised its stake in Park-Ohio by 4.4% during the 2nd quarter. Rhumbline Advisers now owns 13,836 shares of the industrial products company’s stock valued at $247,000 after buying an additional 589 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in Park-Ohio by 5.6% during the 2nd quarter. First Trust Advisors LP now owns 28,018 shares of the industrial products company’s stock valued at $500,000 after buying an additional 1,489 shares during the last quarter. 51.38% of the stock is owned by institutional investors.
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.
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