
Park-Ohio Holdings Corp. (NASDAQ:PKOH – Free Report) – Sidoti boosted their FY2026 EPS estimates for Park-Ohio in a report released on Friday, November 6th. Sidoti analyst J. Franzreb now anticipates that the industrial products company will post earnings per share of $3.42 for the year, up from their prior forecast of $3.22. The consensus estimate for Park-Ohio’s current full-year earnings is $3.39 per share. Sidoti also issued estimates for Park-Ohio’s Q4 2026 earnings at $0.82 EPS, Q1 2027 earnings at $0.67 EPS, Q2 2027 earnings at $1.07 EPS, Q3 2027 earnings at $1.09 EPS, Q4 2027 earnings at $0.98 EPS, FY2027 earnings at $3.82 EPS, Q1 2028 earnings at $0.80 EPS, Q2 2028 earnings at $1.12 EPS, Q3 2028 earnings at $1.25 EPS and FY2028 earnings at $4.24 EPS.
A number of other equities research analysts also recently weighed in on the company. Weiss Ratings upgraded Park-Ohio from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. KeyCorp upped their price target on Park-Ohio from $45.00 to $59.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Zacks Research cut Park-Ohio from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 3rd. Finally, Wall Street Zen upgraded Park-Ohio from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 13th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $59.00.
Check Out Our Latest Analysis on Park-Ohio
Park-Ohio Stock Down 0.0%
Shares of PKOH opened at $46.60 on Monday. The firm has a market capitalization of $675.23 million, a price-to-earnings ratio of 24.79, a PEG ratio of 1.15 and a beta of 1.34. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.31 and a current ratio of 2.44. The business’s fifty day moving average price is $45.88 and its two-hundred day moving average price is $35.63. Park-Ohio has a 52 week low of $18.69 and a 52 week high of $53.30.
Park-Ohio (NASDAQ:PKOH – Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The industrial products company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.14. Park-Ohio had a net margin of 2.04% and a return on equity of 11.50%. The firm had revenue of $458.50 million during the quarter, compared to analysts’ expectations of $432.13 million.
Hedge Funds Weigh In On Park-Ohio
Several hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in Park-Ohio during the second quarter worth about $28,189,000. JB Capital Partners LP bought a new stake in shares of Park-Ohio in the 2nd quarter valued at about $4,672,389. Bank of New York Mellon Corp bought a new stake in shares of Park-Ohio in the 2nd quarter valued at about $4,403,000. CM Wealth Advisors LLC acquired a new stake in shares of Park-Ohio in the 2nd quarter valued at approximately $4,302,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Park-Ohio in the 2nd quarter valued at approximately $2,235,000. Institutional investors and hedge funds own 51.38% of the company’s stock.
Insiders Place Their Bets
In other Park-Ohio news, Director James Wert sold 3,000 shares of the company’s stock in a transaction on Thursday, September 24th. The shares were sold at an average price of $47.50, for a total transaction of $142,500.00. Following the completion of the sale, the director owned 85,456 shares in the company, valued at approximately $4,059,160. The trade was a 3.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Robert Vilsack sold 3,190 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $46.42, for a total value of $148,079.80. Following the completion of the transaction, the insider directly owned 144,024 shares in the company, valued at approximately $6,685,594.08. This trade represents a 2.17% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 52,330 shares of company stock valued at $2,438,390 in the last ninety days. Company insiders own 31.10% of the company’s stock.
Park-Ohio Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, November 13th will be issued a dividend of $0.1250 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, November 13th. Park-Ohio’s payout ratio is currently 26.60%.
About Park-Ohio
Park-Ohio Holdings Corp. is a diversified industrial company that provides supply-chain management services and manufactures components and equipment for industrial and transportation markets. Its operations are organized around Supply Technologies, Assembly Components and Engineered Products. Through Supply Technologies, the company sources, manages and distributes production parts and supplies for customers. Its other businesses make products that include engineered components, forged and machined parts, industrial fasteners, and induction heating and melting equipment.
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