Park-Ohio Holdings Corp. (NASDAQ:PKOH – Get Free Report) insider Robert Vilsack sold 4,544 shares of Park-Ohio stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $45.58, for a total value of $207,115.52. Following the transaction, the insider owned 147,214 shares in the company, valued at approximately $6,710,014.12. The trade was a 2.99% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Park-Ohio Trading Up 1.6%
Shares of PKOH stock traded up $0.74 on Friday, hitting $47.28. 13,709 shares of the stock traded hands, compared to its average volume of 62,224. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.26 and a current ratio of 2.40. Park-Ohio Holdings Corp. has a twelve month low of $18.06 and a twelve month high of $53.30. The firm’s 50-day moving average price is $45.41 and its two-hundred day moving average price is $36.12. The stock has a market capitalization of $685.12 million, a PE ratio of 25.22, a PEG ratio of 1.18 and a beta of 1.24.
Park-Ohio (NASDAQ:PKOH – Get Free Report) last issued its earnings results on Wednesday, August 5th. The industrial products company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.12. Park-Ohio had a net margin of 1.60% and a return on equity of 10.55%. The company had revenue of $440.10 million for the quarter, compared to the consensus estimate of $425.57 million. Park-Ohio has set its FY 2026 guidance at 3.100-3.300 EPS. As a group, analysts anticipate that Park-Ohio Holdings Corp. will post 3.26 EPS for the current year.
Park-Ohio Announces Dividend
Analyst Upgrades and Downgrades
PKOH has been the subject of a number of recent analyst reports. Wall Street Zen raised Park-Ohio from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 13th. Weiss Ratings raised shares of Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. Finally, KeyCorp lifted their target price on shares of Park-Ohio from $45.00 to $59.00 and gave the company an “overweight” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $59.00.
Check Out Our Latest Stock Report on Park-Ohio
Hedge Funds Weigh In On Park-Ohio
Several institutional investors have recently bought and sold shares of PKOH. BlackRock Inc. purchased a new stake in Park-Ohio during the second quarter worth about $28,189,000. Dimensional Fund Advisors LP grew its holdings in shares of Park-Ohio by 0.8% in the first quarter. Dimensional Fund Advisors LP now owns 837,015 shares of the industrial products company’s stock valued at $20,121,000 after purchasing an additional 6,547 shares in the last quarter. JB Capital Partners LP purchased a new stake in Park-Ohio during the 2nd quarter worth approximately $4,672,389. Bank of New York Mellon Corp purchased a new stake in Park-Ohio during the 2nd quarter worth approximately $4,403,000. Finally, CM Wealth Advisors LLC acquired a new stake in Park-Ohio during the 2nd quarter worth approximately $4,302,000. 51.38% of the stock is owned by institutional investors and hedge funds.
Park-Ohio Company Profile
Park-Ohio Holdings Corp. is a diversified manufacturing and supply-chain services company headquartered in Ohio. Through its operating businesses, the company supplies engineered components and manages the movement of materials and parts for original equipment manufacturers and other industrial customers.
Park-Ohio’s Supply Chain Management businesses provide outsourced manufacturing, sourcing, inventory management, logistics, packaging, and just-in-time delivery services. These operations help customers procure raw materials and component parts, coordinate production requirements, and deliver products to manufacturing facilities.
Its Diversified Manufacturing businesses produce a range of engineered products, including forged, machined, formed, molded, and assembled components.
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