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

Wall Street Zen upgraded shares of Park-Ohio (NASDAQ:PKOH) from a hold rating to a buy rating in a report released on Saturday.

Other equities analysts have also issued reports about the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Park-Ohio in a research report on Thursday, January 22nd. KeyCorp raised shares of Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 price target for the company in a research report on Monday, February 9th. Finally, Zacks Research upgraded shares of Park-Ohio to a “hold” rating in a research note on Monday, February 9th. One research 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 an average rating of “Hold” and an average price target of $37.00.

Park-Ohio Stock Down 2.1%

Shares of Park-Ohio stock opened at $25.04 on Friday. Park-Ohio has a 1-year low of $15.52 and a 1-year high of $29.50. The company has a market capitalization of $360.58 million, a PE ratio of 14.64 and a beta of 1.11. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.33 and a quick ratio of 1.18. The business has a 50-day moving average of $24.36 and a 200-day moving average of $22.05.

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

Park-Ohio Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, February 6th were paid a dividend of $0.125 per share. The ex-dividend date was Friday, February 6th. This represents a $0.50 annualized dividend and a yield of 2.0%. Park-Ohio’s dividend payout ratio is presently 29.24%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC raised its position in shares of 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 valued at $283,000 after acquiring an additional 517 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Park-Ohio by 10.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,449 shares of the industrial products company’s stock worth $118,000 after purchasing an additional 527 shares during the period. Rhumbline Advisers increased its stake in Park-Ohio by 4.4% during the second quarter. Rhumbline Advisers now owns 13,836 shares of the industrial products company’s stock valued at $247,000 after purchasing an additional 589 shares during the last quarter. CWM LLC increased its stake in Park-Ohio by 238.4% during the third quarter. CWM LLC now owns 1,215 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 856 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Park-Ohio by 69.3% during the third 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. Institutional investors and hedge funds 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.