Park-Ohio (NASDAQ:PKOH) Insider Sells $246,233.80 in Stock

Park-Ohio Holdings Corp. (NASDAQ:PKOH) insider Robert Vilsack sold 6,404 shares of Park-Ohio stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $38.45, for a total value of $246,233.80. Following the completion of the sale, the insider directly owned 186,539 shares in the company, valued at $7,172,424.55. This represents a 3.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Park-Ohio Price Performance

PKOH traded up $0.23 on Tuesday, reaching $38.45. 50,793 shares of the company’s stock were exchanged, compared to its average volume of 50,717. Park-Ohio Holdings Corp. has a twelve month low of $15.52 and a twelve month high of $39.33. The stock has a market cap of $553.68 million, a PE ratio of 22.89, a P/E/G ratio of 1.05 and a beta of 1.19. The company has a debt-to-equity ratio of 1.70, a current ratio of 2.40 and a quick ratio of 1.23. The stock’s fifty day moving average price is $31.94 and its 200-day moving average price is $26.89.

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

Park-Ohio Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Wall Street Zen cut shares of Park-Ohio from a “strong-buy” rating to a “buy” rating in a research note on Monday, June 15th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $37.00.

Hedge Funds Weigh In On Park-Ohio

Large investors have recently modified their holdings of the business. Gamco Investors INC. ET AL grew its holdings in shares of Park-Ohio by 14.1% during the 4th quarter. Gamco Investors INC. ET AL now owns 1,272,221 shares of the industrial products company’s stock worth $26,640,000 after purchasing an additional 156,890 shares during the period. Teton Advisors LLC purchased a new stake in Park-Ohio in the 3rd quarter valued at about $3,313,000. JB Capital Partners LP raised its holdings in Park-Ohio by 52.9% in the 4th quarter. JB Capital Partners LP now owns 117,599 shares of the industrial products company’s stock valued at $2,451,000 after buying an additional 40,700 shares during the period. First Eagle Investment Management LLC lifted its position in Park-Ohio by 7.3% in the third quarter. First Eagle Investment Management LLC now owns 414,070 shares of the industrial products company’s stock valued at $8,795,000 after buying an additional 28,045 shares during the last quarter. Finally, Gabelli Funds LLC lifted its position in Park-Ohio by 4.6% in the third quarter. Gabelli Funds LLC now owns 502,200 shares of the industrial products company’s stock valued at $10,667,000 after buying an additional 22,000 shares during the last quarter. Institutional investors and hedge funds own 51.38% of the company’s stock.

Park-Ohio Company Profile

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.