156,000 Shares in Park-Ohio Holdings Corp. $PKOH Bought by Teton Advisors LLC

Teton Advisors LLC acquired a new position in shares of Park-Ohio Holdings Corp. (NASDAQ:PKOH) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 156,000 shares of the industrial products company’s stock, valued at approximately $3,313,000. Park-Ohio makes up 2.0% of Teton Advisors LLC’s holdings, making the stock its 8th biggest position.

Other hedge funds have also bought and sold shares of the company. Gamco Investors INC. ET AL raised its stake in shares of Park-Ohio by 12.3% in the second quarter. Gamco Investors INC. ET AL now owns 1,083,270 shares of the industrial products company’s stock valued at $19,347,000 after acquiring an additional 118,393 shares during the period. First Eagle Investment Management LLC boosted its stake in shares of Park-Ohio by 18.8% during the 2nd quarter. First Eagle Investment Management LLC now owns 386,025 shares of the industrial products company’s stock worth $6,894,000 after purchasing an additional 61,132 shares during the period. Assenagon Asset Management S.A. bought a new position in Park-Ohio during the 3rd quarter valued at about $1,079,000. Private Management Group Inc. raised its position in Park-Ohio by 1.9% in the 2nd quarter. Private Management Group Inc. now owns 1,023,164 shares of the industrial products company’s stock worth $18,274,000 after purchasing an additional 18,853 shares during the period. Finally, Cerity Partners LLC purchased a new stake in Park-Ohio in the 2nd quarter worth about $297,000. Institutional investors own 51.38% of the company’s stock.

Park-Ohio Trading Down 8.0%

Shares of PKOH opened at $25.59 on Friday. The firm has a market capitalization of $368.50 million, a price-to-earnings ratio of 14.96 and a beta of 1.11. The company has a debt-to-equity ratio of 1.74, a current ratio of 2.56 and a quick ratio of 1.32. Park-Ohio Holdings Corp. has a 1-year low of $15.52 and a 1-year high of $29.50. The company has a 50-day moving average of $24.28 and a 200 day moving average of $21.96.

Park-Ohio (NASDAQ:PKOH) last issued its earnings results on Wednesday, March 4th. The industrial products company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.09). The company had revenue of $395.00 million during the quarter, compared to the consensus estimate of $402.90 million. Park-Ohio had a return on equity of 10.22% and a net margin of 1.49%.Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.

Park-Ohio Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, February 6th were paid a $0.125 dividend. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.50 annualized dividend and a yield of 2.0%. Park-Ohio’s dividend payout ratio is 29.76%.

Analyst Ratings Changes

Several brokerages have issued reports on PKOH. Zacks Research upgraded Park-Ohio to a “hold” rating in a research report on Monday, February 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Park-Ohio in a report on Thursday, January 22nd. KeyCorp raised Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 price target for the company in a research note on Monday, February 9th. Finally, Wall Street Zen upgraded Park-Ohio from a “hold” rating to a “buy” rating in a report on Saturday. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $37.00.

Park-Ohio 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.