Park-Ohio (NASDAQ:PKOH) Insider Sells $87,981.80 in Stock

Park-Ohio Holdings Corp. (NASDAQ:PKOH) insider Robert Vilsack sold 2,290 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $38.42, for a total value of $87,981.80. Following the completion of the transaction, the insider owned 184,249 shares of the company’s stock, valued at approximately $7,078,846.58. The trade was a 1.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Park-Ohio Price Performance

Shares of NASDAQ PKOH opened at $36.30 on Friday. Park-Ohio Holdings Corp. has a 52 week low of $15.52 and a 52 week high of $39.33. The business’s 50 day moving average price is $32.59 and its 200 day moving average price is $27.19. The company has a quick ratio of 1.23, a current ratio of 2.40 and a debt-to-equity ratio of 1.70. The firm has a market cap of $522.72 million, a P/E ratio of 21.61, a P/E/G ratio of 1.02 and a beta of 1.18.

Park-Ohio (NASDAQ:PKOH) last posted its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates 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 analyst estimates of $413.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. On average, sell-side analysts expect that Park-Ohio Holdings Corp. will post 3.1 earnings per share for the current 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 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 yield of 1.4%. Park-Ohio’s payout ratio is currently 29.76%.

Hedge Funds Weigh In On Park-Ohio

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Gamco Investors INC. ET AL grew its position in shares of Park-Ohio by 14.1% in the fourth quarter. Gamco Investors INC. ET AL now owns 1,272,221 shares of the industrial products company’s stock valued at $26,640,000 after purchasing an additional 156,890 shares during the period. Private Management Group Inc. lifted its stake in Park-Ohio by 1.4% in the 3rd quarter. Private Management Group Inc. now owns 1,037,386 shares of the industrial products company’s stock valued at $22,034,000 after buying an additional 14,222 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Park-Ohio by 0.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 837,015 shares of the industrial products company’s stock valued at $20,121,000 after buying an additional 6,547 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Park-Ohio by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 528,699 shares of the industrial products company’s stock worth $11,230,000 after buying an additional 3,967 shares during the last quarter. Finally, Gabelli Funds LLC boosted its holdings in Park-Ohio by 2.1% in the 4th quarter. Gabelli Funds LLC now owns 512,601 shares of the industrial products company’s stock worth $10,734,000 after buying an additional 10,401 shares during the last quarter. 51.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

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.