Park-Ohio (NASDAQ:PKOH) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Park-Ohio (NASDAQ:PKOH) from a buy rating to a strong-buy rating in a research note published on Saturday morning.

PKOH has been the topic of a number of other research reports. Zacks Research raised shares of Park-Ohio to a “hold” rating in a report on Monday, February 9th. KeyCorp raised shares of Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 price objective on the stock in a 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 investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $37.00.

Park-Ohio Stock Up 0.3%

Shares of NASDAQ:PKOH opened at $24.02 on Friday. Park-Ohio has a 12 month low of $15.52 and a 12 month high of $29.50. The company’s 50-day moving average price is $25.18 and its two-hundred day moving average price is $22.53. The company has a quick ratio of 1.18, a current ratio of 2.33 and a debt-to-equity ratio of 1.62. The firm has a market cap of $345.86 million, a P/E ratio of 14.05 and a beta of 1.13.

Park-Ohio (NASDAQ:PKOH) last issued its quarterly earnings data on Wednesday, March 4th. The industrial products company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.09). Park-Ohio had a return on equity of 10.13% and a net margin of 1.49%.The company had revenue of $395.00 million for the quarter, compared to the consensus estimate of $402.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.

Park-Ohio Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, February 6th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, February 6th. Park-Ohio’s dividend payout ratio (DPR) is 29.24%.

Insider Activity

In other news, Director Ronna Romney sold 2,000 shares of the firm’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $24.51, for a total value of $49,020.00. Following the transaction, the director owned 26,944 shares of the company’s stock, valued at approximately $660,397.44. This trade represents a 6.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Howard W. Iv Hanna sold 2,600 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $24.80, for a total transaction of $64,480.00. Following the completion of the transaction, the director directly owned 21,500 shares in the company, valued at $533,200. This trade represents a 10.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 7,000 shares of company stock worth $173,620 in the last ninety days. Insiders own 31.51% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC boosted its stake in Park-Ohio by 4.0% during the 4th quarter. AQR Capital Management LLC now owns 13,523 shares of the industrial products company’s stock worth $283,000 after acquiring an additional 517 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Park-Ohio by 10.7% during 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 acquiring an additional 527 shares during the last quarter. Rhumbline Advisers boosted its stake 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. CWM LLC boosted its stake in Park-Ohio by 238.4% during the 3rd quarter. CWM LLC now owns 1,215 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 856 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in Park-Ohio by 69.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company’s stock worth $55,000 after acquiring an additional 1,065 shares during the last quarter. Institutional investors own 51.38% of the company’s stock.

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.