Park-Ohio (NASDAQ:PKOH) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Park-Ohio Holdings Corp. (NASDAQ:PKOH)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $24.46 and traded as high as $33.40. Park-Ohio shares last traded at $33.17, with a volume of 94,898 shares trading hands.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on PKOH shares. Wall Street Zen raised shares of Park-Ohio from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 4th. KeyCorp raised shares of Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 price target on the stock in a research note on Monday, February 9th. Zacks Research raised shares of Park-Ohio to a “hold” rating in a research note on Monday, February 9th. Finally, Weiss Ratings raised shares of Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 20th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Park-Ohio currently has an average rating of “Hold” and an average target price of $37.00.

Park-Ohio Trading Up 6.5%

The firm has a market cap of $477.65 million, a PE ratio of 19.74 and a beta of 1.17. 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 company’s 50 day moving average price is $27.16 and its two-hundred day moving average price is $24.46.

Park-Ohio (NASDAQ:PKOH) last announced its earnings results on Wednesday, May 6th. The industrial products company reported $0.65 earnings per share for the quarter, meeting 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 for 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. As a group, sell-side analysts forecast that Park-Ohio Holdings Corp. will post 3.13 EPS 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 of this dividend was Friday, May 1st. This represents a $0.50 annualized dividend and a dividend yield of 1.5%. Park-Ohio’s dividend payout ratio is currently 29.76%.

Insider Buying and Selling at Park-Ohio

In other news, Director Howard W. Iv Hanna sold 2,600 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $24.80, for a total value of $64,480.00. Following the sale, the director owned 21,500 shares of the company’s stock, valued at approximately $533,200. This represents a 10.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ronna Romney sold 2,000 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $24.51, for a total transaction of $49,020.00. Following the completion of the transaction, the director directly owned 26,944 shares in the company, valued at $660,397.44. This represents a 6.91% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 7,000 shares of company stock worth $173,620. Insiders own 31.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in PKOH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Park-Ohio by 10.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,449 shares of the industrial products company’s stock worth $118,000 after buying an additional 527 shares during the period. Jones Financial Companies Lllp bought a new position in Park-Ohio in the first quarter worth approximately $80,000. Geode Capital Management LLC grew its stake in Park-Ohio by 4.6% in the second quarter. Geode Capital Management LLC now owns 220,439 shares of the industrial products company’s stock worth $3,938,000 after purchasing an additional 9,656 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of Park-Ohio by 4.4% in the 2nd quarter. Rhumbline Advisers now owns 13,836 shares of the industrial products company’s stock worth $247,000 after buying an additional 589 shares during the period. Finally, First Trust Advisors LP lifted its holdings in shares of Park-Ohio by 5.6% in the 2nd quarter. First Trust Advisors LP now owns 28,018 shares of the industrial products company’s stock worth $500,000 after buying an additional 1,489 shares during the period. Hedge funds and other institutional investors 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.