Park-Ohio Holdings Corp. $PKOH Stake Boosted by First Eagle Investment Management LLC

First Eagle Investment Management LLC increased its stake in Park-Ohio Holdings Corp. (NASDAQ:PKOH) by 5.2% during the fourth quarter, HoldingsChannel reports. The firm owned 435,605 shares of the industrial products company’s stock after acquiring an additional 21,535 shares during the period. First Eagle Investment Management LLC’s holdings in Park-Ohio were worth $9,122,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. CWM LLC grew 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 valued at $26,000 after acquiring an additional 856 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in Park-Ohio by 377.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,699 shares of the industrial products company’s stock valued at $48,000 after acquiring an additional 2,134 shares in the last quarter. BNP Paribas Financial Markets grew 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 valued at $55,000 after acquiring an additional 1,065 shares in the last quarter. Jones Financial Companies Lllp purchased a new position in Park-Ohio during the 1st quarter valued at about $80,000. Finally, Russell Investments Group Ltd. grew its stake in Park-Ohio by 73.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 3,920 shares of the industrial products company’s stock valued at $83,000 after acquiring an additional 1,659 shares in the last quarter. Hedge funds and other institutional investors own 51.38% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on PKOH shares. Wall Street Zen raised Park-Ohio from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 4th. KeyCorp raised Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 target price on the stock in a research note on Monday, February 9th. Zacks Research raised Park-Ohio to a “hold” rating in a research note on Monday, February 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Park-Ohio in a research note on Tuesday, April 21st. 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, Park-Ohio presently has a consensus rating of “Hold” and an average target price of $37.00.

Park-Ohio Trading Down 3.7%

Shares of NASDAQ PKOH opened at $29.64 on Wednesday. The stock has a market cap of $426.82 million, a price-to-earnings ratio of 17.64 and a beta of 1.17. The business has a 50 day simple moving average of $26.21 and a 200 day simple moving average of $23.76. Park-Ohio Holdings Corp. has a 52 week low of $15.52 and a 52 week high of $31.92. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.23 and a current ratio of 2.40.

Park-Ohio (NASDAQ:PKOH) last announced its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.65 EPS for the quarter, meeting the consensus estimate of $0.65. The business had revenue of $421.00 million during the quarter, compared to analysts’ expectations of $413.90 million. Park-Ohio had a return on equity of 9.93% and a net margin of 1.46%.Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. On average, research analysts predict that Park-Ohio Holdings Corp. will post 3.13 earnings per share for the current fiscal year.

Park-Ohio Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a $0.50 dividend on an annualized basis and a yield of 1.7%. Park-Ohio’s dividend payout ratio is presently 29.76%.

Insider Buying and Selling

In other Park-Ohio news, Director Howard W. Iv Hanna sold 2,600 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $24.80, for a total transaction of $64,480.00. Following the completion of the sale, the director owned 21,500 shares of the company’s stock, valued at $533,200. This represents a 10.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ronna Romney sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $24.51, for a total value of $49,020.00. Following the sale, the director directly owned 26,944 shares of the company’s stock, valued at $660,397.44. The trade was a 6.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 7,000 shares of company stock valued at $173,620 in the last ninety days. Company insiders own 31.10% 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.