Park-Ohio (NASDAQ:PKOH) Hits New 12-Month High – Should You Buy?

Park-Ohio Holdings Corp. (NASDAQ:PKOH)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $41.46 and last traded at $41.1040, with a volume of 10949 shares. The stock had previously closed at $39.93.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on PKOH shares. Weiss Ratings upgraded shares of Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. Wall Street Zen upgraded shares of Park-Ohio from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Finally, KeyCorp upped their price objective on Park-Ohio from $37.00 to $45.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $45.00.

Park-Ohio Stock Up 2.1%

The company’s 50 day simple moving average is $35.98 and its 200-day simple moving average is $29.56. The company has a current ratio of 2.40, a quick ratio of 1.23 and a debt-to-equity ratio of 1.70. The firm has a market cap of $586.87 million, a P/E ratio of 24.28, a PEG ratio of 1.08 and a beta of 1.18.

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

Park-Ohio Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be paid 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 yield of 1.2%. Park-Ohio’s payout ratio is currently 29.76%.

Insider Buying and Selling at Park-Ohio

In other news, insider Robert D. Vilsack sold 6,404 shares of the stock in a transaction 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 transaction, the insider directly owned 186,539 shares of the company’s stock, valued at $7,172,424.55. This represents a 3.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 31.10% of the stock is owned by insiders.

Institutional Trading of Park-Ohio

A number of hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC lifted its holdings in Park-Ohio by 377.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,699 shares of the industrial products company’s stock valued at $48,000 after acquiring an additional 2,134 shares during the period. BNP Paribas Financial Markets increased its position in shares of Park-Ohio by 69.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company’s stock valued at $55,000 after purchasing an additional 1,065 shares during the last quarter. Jones Financial Companies Lllp purchased a new stake in shares of Park-Ohio during the 1st quarter valued at about $80,000. Russell Investments Group Ltd. lifted its stake in shares of Park-Ohio by 73.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 3,920 shares of the industrial products company’s stock worth $83,000 after purchasing an additional 1,659 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of Park-Ohio in the 2nd quarter worth approximately $90,000. Hedge funds and other institutional investors own 51.38% of the company’s stock.

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.