Park-Ohio (NASDAQ:PKOH) Insider Robert Vilsack Sells 2,290 Shares

Park-Ohio Holdings Corp. (NASDAQ:PKOHGet Free Report) insider Robert Vilsack sold 2,290 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $38.42, for a total value of $87,981.80. Following the sale, the insider directly owned 184,249 shares of the company’s stock, valued at $7,078,846.58. This represents a 1.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Park-Ohio Trading Up 0.6%

Shares of PKOH stock opened at $38.45 on Wednesday. The company has a market cap of $553.68 million, a P/E ratio of 22.89, a PEG ratio of 1.03 and a beta of 1.20. Park-Ohio Holdings Corp. has a fifty-two week low of $15.52 and a fifty-two week high of $39.33. The stock has a 50 day simple moving average of $32.16 and a two-hundred day simple moving average of $27.00. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.23 and a current ratio of 2.40.

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

Park-Ohio Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were paid a $0.125 dividend. The ex-dividend date was Friday, May 1st. This represents a $0.50 annualized dividend and a dividend yield of 1.3%. Park-Ohio’s dividend payout ratio (DPR) is currently 29.76%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Weiss Ratings raised Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Wall Street Zen cut Park-Ohio from a “strong-buy” rating to a “buy” rating in a report on Monday, June 15th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Park-Ohio currently has a consensus rating of “Hold” and an average price target of $37.00.

Check Out Our Latest Stock Analysis on Park-Ohio

Institutional Inflows and Outflows

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

Park-Ohio Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Park-Ohio (NASDAQ:PKOH)

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