Park-Ohio (NASDAQ:PKOH) Announces Quarterly 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 return on equity of 9.93% and a net margin of 1.46%. Park-Ohio updated its FY 2026 guidance to 3.100-3.300 EPS.

Park-Ohio Trading Up 11.8%

Shares of Park-Ohio stock traded up $4.90 on Thursday, reaching $46.51. The company had a trading volume of 214,224 shares, compared to its average volume of 55,674. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.23 and a current ratio of 2.40. The firm has a market cap of $669.74 million, a PE ratio of 27.68, a PEG ratio of 1.11 and a beta of 1.18. The firm’s 50 day moving average price is $36.49 and its two-hundred day moving average price is $29.94. Park-Ohio has a 52-week low of $16.64 and a 52-week high of $48.00.

Park-Ohio Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Park-Ohio from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Weiss Ratings raised shares of Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. Finally, KeyCorp lifted their target price on Park-Ohio from $37.00 to $45.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $45.00.

Insiders Place Their Bets

In other Park-Ohio news, insider Robert D. Vilsack sold 2,290 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $38.42, for a total transaction of $87,981.80. Following the transaction, the insider owned 184,249 shares of the company’s stock, valued at approximately $7,078,846.58. This trade represents a 1.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 31.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PKOH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in 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 worth $118,000 after acquiring an additional 527 shares during the last quarter. Jones Financial Companies Lllp bought a new position in Park-Ohio in the 1st quarter worth approximately $80,000. Geode Capital Management LLC boosted its position in Park-Ohio by 4.6% in the second quarter. Geode Capital Management LLC now owns 220,439 shares of the industrial products company’s stock valued at $3,938,000 after buying an additional 9,656 shares in the last quarter. Rhumbline Advisers increased its holdings in Park-Ohio by 4.4% during the 2nd 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 in the last quarter. Finally, First Trust Advisors LP increased its stake in shares of Park-Ohio by 5.6% in the second quarter. First Trust Advisors LP now owns 28,018 shares of the industrial products company’s stock valued at $500,000 after buying an additional 1,489 shares in the last quarter. 51.38% of the stock is currently owned by institutional investors and hedge funds.

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.