Park-Ohio (NASDAQ:PKOH) Rating Increased to Strong-Buy at Wall Street Zen

Park-Ohio (NASDAQ:PKOH) was upgraded by equities researchers at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report issued on Sunday.

Separately, Weiss Ratings upgraded Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $37.00.

Park-Ohio Stock Up 1.1%

Shares of Park-Ohio stock traded up $0.39 during trading hours on Friday, hitting $36.24. 136,080 shares of the company’s stock traded hands, compared to its average volume of 89,094. Park-Ohio has a twelve month low of $15.52 and a twelve month high of $39.33. The company has a market cap of $521.86 million, a PE ratio of 21.57, a PEG ratio of 0.98 and a beta of 1.18. The company has a quick ratio of 1.23, a current ratio of 2.40 and a debt-to-equity ratio of 1.70. The stock has a 50 day simple moving average of $33.53 and a 200-day simple moving average of $27.72.

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

Insider Buying and Selling

In related news, insider Robert D. Vilsack sold 6,404 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $38.45, for a total transaction of $246,233.80. Following the sale, the insider directly owned 186,539 shares of the company’s stock, valued at approximately $7,172,424.55. This represents a 3.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 31.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. JB Capital Partners LP lifted its holdings in Park-Ohio by 52.9% in the fourth quarter. JB Capital Partners LP now owns 117,599 shares of the industrial products company’s stock worth $2,451,000 after acquiring an additional 40,700 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in shares of Park-Ohio by 14.1% in the 4th quarter. Gamco Investors INC. ET AL now owns 1,272,221 shares of the industrial products company’s stock worth $26,640,000 after purchasing an additional 156,890 shares during the last quarter. First Eagle Investment Management LLC grew its stake in Park-Ohio by 5.2% during the 4th quarter. First Eagle Investment Management LLC now owns 435,605 shares of the industrial products company’s stock worth $9,122,000 after buying an additional 21,535 shares during the last quarter. Gabelli Funds LLC increased its position in Park-Ohio by 2.1% in the fourth quarter. Gabelli Funds LLC now owns 512,601 shares of the industrial products company’s stock worth $10,734,000 after buying an additional 10,401 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in Park-Ohio by 19.6% in the third quarter. JPMorgan Chase & Co. now owns 14,561 shares of the industrial products company’s stock valued at $309,000 after buying an additional 2,386 shares during the last quarter. 51.38% of the stock is currently owned by institutional investors.

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.