Park-Ohio (NASDAQ:PKOH) Updates FY 2026 Earnings Guidance

Park-Ohio (NASDAQ:PKOH) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.100-3.300 for the period, compared to the consensus earnings per share estimate of 3.080. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

Analysts Set New Price Targets

A number of brokerages recently weighed in on PKOH. Weiss Ratings upgraded Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. Wall Street Zen lowered Park-Ohio from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. Finally, KeyCorp boosted their price target on Park-Ohio from $37.00 to $45.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Park-Ohio currently has a consensus rating of “Hold” and an average price target of $45.00.

Park-Ohio Trading Up 0.8%

Shares of PKOH stock traded up $0.31 during trading hours on Wednesday, hitting $41.61. 56,004 shares of the company’s stock traded hands, compared to its average volume of 72,222. The stock’s 50 day simple moving average is $36.49 and its 200 day simple moving average is $29.94. The stock has a market cap of $599.18 million, a PE ratio of 24.77, a price-to-earnings-growth ratio of 1.11 and a beta of 1.18. Park-Ohio has a 12 month low of $15.99 and a 12 month high of $42.27. The company has a quick ratio of 1.23, a current ratio of 2.40 and a debt-to-equity ratio of 1.70.

Park-Ohio (NASDAQ:PKOH) last issued its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.12. Park-Ohio had a net margin of 1.46% and a return on equity of 9.93%. The company had revenue of $440.10 million for the quarter, compared to analysts’ expectations of $425.57 million. Park-Ohio has set its FY 2026 guidance at 3.100-3.300 EPS. On average, sell-side analysts anticipate that Park-Ohio will post 3.1 EPS for the current year.

Park-Ohio Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a $0.50 annualized dividend and a yield of 1.2%. Park-Ohio’s payout ratio is presently 29.76%.

Insider Activity at Park-Ohio

In other news, insider Robert D. Vilsack sold 2,290 shares of the stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $38.42, for a total value of $87,981.80. Following the completion of the sale, the insider owned 184,249 shares of the company’s stock, valued at approximately $7,078,846.58. This represents a 1.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 31.10% of the company’s stock.

Institutional Trading of Park-Ohio

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its position in shares of Park-Ohio by 69.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company’s stock worth $55,000 after purchasing an additional 1,065 shares during the period. Tower Research Capital LLC TRC increased its position in shares of Park-Ohio by 377.7% during the second quarter. Tower Research Capital LLC TRC now owns 2,699 shares of the industrial products company’s stock worth $48,000 after buying an additional 2,134 shares during the period. Jones Financial Companies Lllp acquired a new stake in shares of Park-Ohio during the first quarter worth $80,000. Russell Investments Group Ltd. raised its stake in Park-Ohio by 73.4% during the third quarter. Russell Investments Group Ltd. now owns 3,920 shares of the industrial products company’s stock worth $83,000 after buying an additional 1,659 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Park-Ohio in the second quarter valued at $90,000. 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.