What is KeyCorp’s Forecast for Park-Ohio FY2025 Earnings?

Park-Ohio Holdings Corp. (NASDAQ:PKOH) – KeyCorp issued their FY2025 earnings estimates for Park-Ohio in a report released on Sunday, February 8th. KeyCorp analyst S. Barger anticipates that the industrial products company will post earnings per share of $2.81 for the year. KeyCorp currently has a “Overweight” rating and a $37.00 price objective on the stock.

PKOH has been the topic of several other research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Park-Ohio in a research note on Thursday, January 22nd. Zacks Research raised Park-Ohio to a “hold” rating in a report on Monday. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $37.00.

Park-Ohio Price Performance

NASDAQ PKOH opened at $27.45 on Wednesday. The company has a market cap of $395.39 million, a price-to-earnings ratio of 16.34 and a beta of 1.16. The company has a debt-to-equity ratio of 1.74, a current ratio of 2.56 and a quick ratio of 1.32. The stock’s fifty day moving average price is $22.56 and its 200 day moving average price is $20.86. Park-Ohio has a 1 year low of $15.52 and a 1 year high of $27.99.

Park-Ohio Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, February 6th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, February 6th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.8%. Park-Ohio’s dividend payout ratio is currently 29.76%.

Insider Buying and Selling at Park-Ohio

In other Park-Ohio news, Director Ronna Romney sold 2,975 shares of the stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $20.29, for a total transaction of $60,362.75. Following the completion of the transaction, the director owned 28,944 shares of the company’s stock, valued at $587,273.76. This trade represents a 9.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 31.51% of the company’s stock.

Institutional Investors Weigh In On Park-Ohio

Several hedge funds and other institutional investors have recently bought and sold shares of PKOH. CWM LLC raised its holdings in Park-Ohio by 238.4% during the third quarter. CWM LLC now owns 1,215 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 856 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of 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 valued at $48,000 after buying an additional 2,134 shares during the period. BNP Paribas Financial Markets boosted 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 worth $55,000 after purchasing an additional 1,065 shares in the last quarter. Jones Financial Companies Lllp purchased a new position in Park-Ohio during the 1st quarter valued at about $80,000. Finally, Russell Investments Group Ltd. raised its holdings in 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 valued at $83,000 after acquiring an additional 1,659 shares during the last quarter. 51.38% of the stock is currently owned by institutional investors and hedge funds.

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.