What is KeyCorp’s Forecast for Park-Ohio FY2025 Earnings?

Park-Ohio Holdings Corp. (NASDAQ:PKOH) – Investment analysts at KeyCorp issued their FY2025 earnings per share (EPS) estimates for shares of Park-Ohio in a research report issued to clients and investors on Sunday, February 8th. KeyCorp analyst S. Barger expects that the industrial products company will earn $2.81 per share for the year. KeyCorp currently has a “Overweight” rating and a $37.00 price objective on the stock.

PKOH has been the subject of a number of other research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Park-Ohio in a report on Thursday, January 22nd. Zacks Research raised shares of Park-Ohio to a “hold” rating in a research report on Monday. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $37.00.

Park-Ohio Trading Up 6.6%

NASDAQ PKOH opened at $27.45 on Wednesday. The stock has a market cap of $395.39 million, a P/E ratio of 16.34 and a beta of 1.16. The company has a current ratio of 2.56, a quick ratio of 1.32 and a debt-to-equity ratio of 1.74. Park-Ohio has a 12 month low of $15.52 and a 12 month high of $27.99. The stock’s fifty day moving average price is $22.56 and its 200-day moving average price is $20.86.

Hedge Funds Weigh In On Park-Ohio

Hedge funds have recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. bought a new position in shares of Park-Ohio during the third quarter valued at approximately $1,079,000. First Eagle Investment Management LLC boosted its holdings in Park-Ohio by 18.8% during the 2nd quarter. First Eagle Investment Management LLC now owns 386,025 shares of the industrial products company’s stock valued at $6,894,000 after acquiring an additional 61,132 shares during the period. Private Management Group Inc. boosted its holdings in Park-Ohio by 1.9% during the 2nd quarter. Private Management Group Inc. now owns 1,023,164 shares of the industrial products company’s stock valued at $18,274,000 after acquiring an additional 18,853 shares during the period. Gamco Investors INC. ET AL grew its position in Park-Ohio by 12.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 1,083,270 shares of the industrial products company’s stock valued at $19,347,000 after acquiring an additional 118,393 shares during the last quarter. Finally, Inspire Advisors LLC increased its stake in Park-Ohio by 35.9% in the second quarter. Inspire Advisors LLC now owns 19,565 shares of the industrial products company’s stock worth $349,000 after purchasing an additional 5,170 shares during the period. 51.38% of the stock is currently owned by institutional investors.

Insider Activity at Park-Ohio

In related news, Director Ronna Romney sold 2,975 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $20.29, for a total value of $60,362.75. Following the completion of the transaction, the director directly owned 28,944 shares of the company’s stock, valued at approximately $587,273.76. This trade represents a 9.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 31.51% of the stock is owned by company insiders.

Park-Ohio Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Friday, February 6th will be paid a $0.125 dividend. The ex-dividend date is Friday, February 6th. This represents a $0.50 annualized dividend and a yield of 1.8%. Park-Ohio’s payout ratio is presently 29.76%.

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.