Wall Street Zen downgraded shares of Park-Ohio (NASDAQ:PKOH – Free Report) from a strong-buy rating to a buy rating in a research report report published on Monday.
Several other brokerages have also commented on PKOH. KeyCorp lifted their price target on shares of Park-Ohio from $37.00 to $45.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Weiss Ratings downgraded shares of Park-Ohio from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, July 14th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $45.00.
Check Out Our Latest Research Report on PKOH
Park-Ohio Stock Performance
Park-Ohio (NASDAQ:PKOH – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $0.65 earnings per share 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 business 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 will post 3.1 EPS for the current fiscal year.
Park-Ohio Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, July 31st. Park-Ohio’s payout ratio is 29.76%.
Insider Buying and Selling
In other Park-Ohio news, insider Robert D. Vilsack sold 2,290 shares of the stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $38.42, for a total transaction of $87,981.80. Following the completion of the sale, the insider directly owned 184,249 shares of the company’s stock, valued at approximately $7,078,846.58. This trade represents a 1.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 31.10% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Park-Ohio
Several large investors have recently modified their holdings of the stock. AQR Capital Management LLC lifted its stake in shares of Park-Ohio by 4.0% in the 4th quarter. AQR Capital Management LLC now owns 13,523 shares of the industrial products company’s stock worth $283,000 after acquiring an additional 517 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Park-Ohio by 10.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,449 shares of the industrial products company’s stock worth $118,000 after acquiring an additional 527 shares during the period. Rhumbline Advisers increased its stake in shares of Park-Ohio by 4.4% during the second quarter. Rhumbline Advisers now owns 13,836 shares of the industrial products company’s stock worth $247,000 after acquiring an additional 589 shares during the period. BNP Paribas Financial Markets raised its holdings in 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 worth $55,000 after purchasing an additional 1,065 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in Park-Ohio by 25.3% during the third quarter. Bank of America Corp DE now owns 6,048 shares of the industrial products company’s stock worth $128,000 after purchasing an additional 1,222 shares in the last quarter. Hedge funds and other institutional investors own 51.38% of the company’s stock.
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.
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