James Wert Sells 1,000 Shares of Park-Ohio (NASDAQ:PKOH) Stock

Park-Ohio Holdings Corp. (NASDAQ:PKOH) Director James Wert sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $46.18, for a total value of $46,180.00. Following the transaction, the director owned 95,456 shares in the company, valued at approximately $4,408,158.08. This trade represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Park-Ohio Stock Down 2.2%

Shares of PKOH traded down $1.03 during trading hours on Thursday, hitting $45.78. 77,405 shares of the company were exchanged, compared to its average volume of 62,031. The company has a market cap of $663.35 million, a PE ratio of 24.35, a PEG ratio of 1.21 and a beta of 1.22. The firm’s 50 day moving average is $42.43 and its 200-day moving average is $33.82. Park-Ohio Holdings Corp. has a 52 week low of $18.06 and a 52 week high of $53.30. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.26 and a current ratio of 2.40.

Park-Ohio (NASDAQ:PKOH) last issued its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.12. Park-Ohio had a return on equity of 10.55% and a net margin of 1.60%.The business had revenue of $440.10 million for the quarter, compared to the consensus estimate of $425.57 million. Park-Ohio has set its FY 2026 guidance at 3.100-3.300 EPS. On average, equities research analysts forecast that Park-Ohio Holdings Corp. will post 3.22 EPS for the current fiscal year.

Park-Ohio Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were given a $0.125 dividend. The ex-dividend date of this dividend was 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 (DPR) is currently 26.60%.

Hedge Funds Weigh In On Park-Ohio

Several institutional investors and hedge funds have recently added to or reduced their stakes in PKOH. Gamco Investors INC. ET AL raised its holdings in 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 valued at $26,640,000 after acquiring an additional 156,890 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Park-Ohio by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 837,015 shares of the industrial products company’s stock worth $20,121,000 after purchasing an additional 6,547 shares in the last quarter. BlackRock Inc. bought a new stake in shares of Park-Ohio during the second quarter valued at approximately $28,189,000. Vanguard Group Inc. raised its stake in shares of Park-Ohio by 0.8% in the third quarter. Vanguard Group Inc. now owns 528,699 shares of the industrial products company’s stock valued at $11,230,000 after purchasing an additional 3,967 shares in the last quarter. Finally, Gabelli Funds LLC lifted 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 purchasing an additional 10,401 shares during the period. 51.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on PKOH. Weiss Ratings upgraded shares of Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Wall Street Zen upgraded shares of Park-Ohio from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 13th. Finally, KeyCorp lifted their price objective on Park-Ohio from $45.00 to $59.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Park-Ohio currently has an average rating of “Hold” and a consensus target price of $59.00.

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.