Park-Ohio (NASDAQ:PKOH) Posts Earnings Results, Misses Estimates By $0.09 EPS

Park-Ohio (NASDAQ:PKOH) posted its quarterly earnings results on Wednesday. The industrial products company reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.09), FiscalAI reports. Park-Ohio had a net margin of 1.46% and a return on equity of 10.53%. The company had revenue of $395.00 million during the quarter, compared to analyst estimates of $402.90 million. Park-Ohio updated its FY 2026 guidance to 2.900-3.200 EPS.

Park-Ohio Stock Up 1.3%

PKOH traded up $0.34 during trading on Wednesday, hitting $26.64. The company had a trading volume of 56,018 shares, compared to its average volume of 23,810. The company has a market capitalization of $383.72 million, a PE ratio of 15.86 and a beta of 1.11. The company has a quick ratio of 1.32, a current ratio of 2.56 and a debt-to-equity ratio of 1.74. Park-Ohio has a one year low of $15.52 and a one year high of $28.50. The firm’s 50-day moving average price is $23.95 and its 200 day moving average price is $21.84.

Park-Ohio Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, February 6th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Friday, February 6th. Park-Ohio’s dividend payout ratio (DPR) is presently 29.76%.

Institutional Trading of Park-Ohio

A number of institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position 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 buying an additional 527 shares during the period. Jones Financial Companies Lllp bought a new stake in Park-Ohio in the 1st quarter valued at approximately $80,000. Geode Capital Management LLC boosted its position in Park-Ohio by 4.6% during the 2nd quarter. Geode Capital Management LLC now owns 220,439 shares of the industrial products company’s stock worth $3,938,000 after acquiring an additional 9,656 shares during the last quarter. Rhumbline Advisers boosted its position in Park-Ohio by 4.4% during the 2nd 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 last quarter. Finally, First Trust Advisors LP grew its stake in shares of Park-Ohio by 5.6% during the 2nd quarter. First Trust Advisors LP now owns 28,018 shares of the industrial products company’s stock worth $500,000 after acquiring an additional 1,489 shares in the last quarter. 51.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

PKOH has been the topic of a number of recent analyst reports. KeyCorp upgraded Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 target price on the stock in a report on Monday, February 9th. Zacks Research upgraded shares of Park-Ohio to a “hold” rating in a research report on Monday, February 9th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Park-Ohio in a report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Park-Ohio currently has an average rating of “Hold” and an average 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.