Robert Vilsack Sells 2,290 Shares of Park-Ohio (NASDAQ:PKOH) Stock

Park-Ohio Holdings Corp. (NASDAQ:PKOH) insider Robert Vilsack sold 2,290 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $38.42, for a total transaction of $87,981.80. Following the completion of the transaction, the insider owned 184,249 shares in the company, valued at $7,078,846.58. The trade was a 1.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Park-Ohio Trading Up 0.6%

PKOH stock traded up $0.23 during midday trading on Tuesday, reaching $38.45. 50,793 shares of the company’s stock traded hands, compared to its average volume of 50,717. The company has a debt-to-equity ratio of 1.70, a current ratio of 2.40 and a quick ratio of 1.23. Park-Ohio Holdings Corp. has a fifty-two week low of $15.52 and a fifty-two week high of $39.33. The business has a 50-day moving average price of $31.94 and a two-hundred day moving average price of $26.89. The company has a market capitalization of $553.68 million, a P/E ratio of 22.89, a PEG ratio of 1.05 and a beta of 1.19.

Park-Ohio (NASDAQ:PKOH) last released its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.65. Park-Ohio had a net margin of 1.46% and a return on equity of 9.93%. The company had revenue of $421.00 million during the quarter, compared to analyst estimates of $413.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. Equities research analysts forecast that Park-Ohio Holdings Corp. will post 3.1 EPS for the current fiscal year.

Park-Ohio Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, May 1st. Park-Ohio’s dividend payout ratio is currently 29.76%.

Wall Street Analyst Weigh In

PKOH has been the topic of a number of recent research reports. Weiss Ratings upgraded Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Wall Street Zen downgraded Park-Ohio from a “strong-buy” rating to a “buy” rating in a report on Monday, June 15th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $37.00.

Institutional Investors Weigh In On Park-Ohio

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC lifted its holdings in Park-Ohio by 377.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,699 shares of the industrial products company’s stock worth $48,000 after buying an additional 2,134 shares in the last quarter. BNP Paribas Financial Markets grew its stake 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 valued at $55,000 after acquiring an additional 1,065 shares in the last quarter. Jones Financial Companies Lllp purchased a new stake in shares of Park-Ohio during the first quarter worth about $80,000. Russell Investments Group Ltd. increased its position in shares of Park-Ohio by 73.4% during the third quarter. Russell Investments Group Ltd. now owns 3,920 shares of the industrial products company’s stock worth $83,000 after acquiring an additional 1,659 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Park-Ohio in the second quarter worth about $90,000. Hedge funds and other institutional investors own 51.38% 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.