Park-Ohio (NASDAQ:PKOH) Announces Earnings Results

Park-Ohio (NASDAQ:PKOH) posted its quarterly earnings data on Wednesday. The industrial products company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.14, FiscalAI reports. The company had revenue of $458.50 million during the quarter, compared to analyst estimates of $432.13 million. Park-Ohio had a net margin of 1.60% and a return on equity of 10.55%.

Park-Ohio Trading Down 9.6%

Shares of Park-Ohio stock traded down $4.17 during trading on Thursday, hitting $39.33. The stock had a trading volume of 92,408 shares, compared to its average volume of 64,118. The stock has a 50 day simple moving average of $46.04 and a 200 day simple moving average of $35.21. The company has a market capitalization of $569.88 million, a PE ratio of 20.66, a P/E/G ratio of 1.13 and a beta of 1.34. The company has a quick ratio of 1.26, a current ratio of 2.40 and a debt-to-equity ratio of 1.66. Park-Ohio has a 1 year low of $18.06 and a 1 year high of $53.30.

Park-Ohio Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, November 13th will be issued a $0.1250 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, November 13th. Park-Ohio’s dividend payout ratio (DPR) is presently 26.60%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on PKOH. KeyCorp increased their target price on shares of Park-Ohio from $45.00 to $59.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Zacks Research lowered shares of Park-Ohio from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Wall Street Zen raised Park-Ohio from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 13th. Finally, Weiss Ratings upgraded Park-Ohio from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $59.00.

Insider Buying and Selling

In related news, insider Robert Vilsack sold 3,190 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $46.42, for a total value of $148,079.80. Following the completion of the sale, the insider owned 144,024 shares in the company, valued at approximately $6,685,594.08. This represents a 2.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Wert sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 24th. The stock was sold at an average price of $47.50, for a total transaction of $142,500.00. Following the completion of the transaction, the director directly owned 85,456 shares of the company’s stock, valued at $4,059,160. This represents a 3.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 52,330 shares of company stock worth $2,438,390 in the last 90 days. 31.10% of the stock is owned by company insiders.

Trending Headlines about Park-Ohio

Here are the key news stories impacting Park-Ohio this week:

• Positive Sentiment: Park-Ohio posted record Q3 revenue of $459 million, up 15% year over year, and adjusted earnings per share of $1.04, beating the $0.90 consensus estimate. Revenue also topped forecasts of about $432 million. Park-Ohio Q3 results and outlook
• Positive Sentiment: Gross margin improved to 17.9% from 16.7%, while sales grew across all three business segments. Management cited demand in aerospace and defense, AI data centers, electrical steel and semiconductors, and raised its full-year 2026 sales and adjusted EPS outlook. Park-Ohio Q3 results and outlook
• Negative Sentiment: Zacks Research cut its rating on PKOH from “strong-buy” to “hold.” The downgrade may temper the positive reaction to the earnings beat and improved outlook. Zacks Research rating change

About Park-Ohio

Park-Ohio Holdings Corp. (NASDAQ: PKOH) is a diversified manufacturing and supply-chain management company serving original equipment manufacturers and other industrial customers. Through its operating businesses, the company provides engineered products, component manufacturing, and integrated supply-chain services.

Park-Ohio’s manufacturing activities include the production of forged, machined, stamped, molded, and assembled components, as well as specialized products made from metal, rubber, and other materials.