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 the firm’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $38.45, for a total value of $246,233.80. Following the transaction, the insider directly owned 186,539 shares in the company, valued at approximately $7,172,424.55. This represents a 3.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Park-Ohio Stock Down 4.2%

Shares of NASDAQ PKOH opened at $36.30 on Friday. The stock has a market capitalization of $522.72 million, a P/E ratio of 21.61, a PEG ratio of 1.02 and a beta of 1.18. Park-Ohio Holdings Corp. has a one year low of $15.52 and a one year high of $39.33. The firm’s 50 day simple moving average is $32.59 and its two-hundred day simple moving average is $27.19. The company has a debt-to-equity ratio of 1.70, a current ratio of 2.40 and a quick ratio of 1.23.

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

Park-Ohio Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, May 1st. Park-Ohio’s dividend payout ratio (DPR) is 29.76%.

Hedge Funds Weigh In On Park-Ohio

Several hedge funds and other institutional investors have recently modified their holdings of the company. Gamco Investors INC. ET AL boosted its holdings in shares of Park-Ohio by 14.1% during the fourth 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. Private Management Group Inc. raised its position in Park-Ohio by 1.4% during 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 purchasing an additional 14,222 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings 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 worth $20,121,000 after buying an additional 6,547 shares during the period. Vanguard Group Inc. lifted 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 period. Finally, Gabelli Funds LLC grew its position in shares of 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 institutional investors.

Analyst Ratings Changes

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

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.