Park-Ohio (NASDAQ:PKOH) Posts Earnings Results

Park-Ohio (NASDAQ:PKOH) posted its earnings results on Wednesday. The industrial products company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.12, FiscalAI reports. The firm had revenue of $440.10 million for the quarter, compared to the consensus estimate of $425.57 million. Park-Ohio had a net margin of 1.46% and a return on equity of 9.93%. Park-Ohio updated its FY 2026 guidance to 3.100-3.300 EPS.

Park-Ohio Trading Up 11.8%

Shares of PKOH traded up $4.90 during midday trading on Thursday, hitting $46.51. The stock had a trading volume of 214,224 shares, compared to its average volume of 55,674. The stock’s 50 day moving average is $36.49 and its 200 day moving average is $29.94. The firm has a market cap of $669.74 million, a PE ratio of 27.68, a price-to-earnings-growth ratio of 1.11 and a beta of 1.18. 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 has a 1 year low of $16.64 and a 1 year high of $48.00.

Park-Ohio Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $0.50 annualized dividend and a dividend yield of 1.1%. Park-Ohio’s dividend payout ratio is currently 29.76%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PKOH. Weiss Ratings raised shares of Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. KeyCorp boosted their price objective on Park-Ohio from $37.00 to $45.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Finally, Wall Street Zen downgraded Park-Ohio from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Park-Ohio presently has an average rating of “Hold” and an average price target of $45.00.

Insider Activity at Park-Ohio

In related news, insider Robert D. Vilsack sold 6,404 shares of Park-Ohio stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $38.45, for a total transaction of $246,233.80. Following the completion of the transaction, the insider directly owned 186,539 shares of the company’s stock, valued at approximately $7,172,424.55. The trade was a 3.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 31.10% of the company’s stock.

Institutional Trading of Park-Ohio

Several institutional investors have recently added to or reduced their stakes in PKOH. 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 valued at $118,000 after buying an additional 527 shares during the period. Jones Financial Companies Lllp purchased a new stake in shares of Park-Ohio in the first quarter worth approximately $80,000. Geode Capital Management LLC lifted its stake in shares of 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 lifted its stake in shares of 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 boosted its holdings in 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 valued at $500,000 after acquiring an additional 1,489 shares during the period. 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.