Ronna Romney Sells 2,000 Shares of Park-Ohio (NASDAQ:PKOH) Stock

Park-Ohio Holdings Corp. (NASDAQ:PKOH) Director Ronna Romney sold 2,000 shares of the company’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $24.51, for a total transaction of $49,020.00. Following the sale, the director owned 26,944 shares of the company’s stock, valued at $660,397.44. The trade was a 6.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Park-Ohio Trading Up 2.0%

Shares of NASDAQ:PKOH traded up $0.48 during midday trading on Monday, hitting $24.90. The company had a trading volume of 54,054 shares, compared to its average volume of 27,600. The company has a current ratio of 2.33, a quick ratio of 1.18 and a debt-to-equity ratio of 1.62. Park-Ohio Holdings Corp. has a 12 month low of $15.52 and a 12 month high of $29.50. The firm has a fifty day simple moving average of $24.69 and a 200 day simple moving average of $22.20. The stock has a market cap of $358.56 million, a price-to-earnings ratio of 14.73 and a beta of 1.11.

Park-Ohio (NASDAQ:PKOH) last released its quarterly earnings data 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). Park-Ohio had a net margin of 1.49% and a return on equity of 10.13%. The company had revenue of $395.00 million during the quarter, compared to the consensus estimate of $402.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.

Park-Ohio Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, February 6th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Friday, February 6th. Park-Ohio’s dividend payout ratio (DPR) is currently 29.24%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Zacks Research raised shares of Park-Ohio to a “hold” rating in a research note on Monday, February 9th. Wall Street Zen raised shares of Park-Ohio from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. KeyCorp raised shares of Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 price target for the company in a report on Monday, February 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Park-Ohio in a research note on Thursday, January 22nd. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $37.00.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC increased its position in shares of Park-Ohio by 4.0% during the fourth quarter. AQR Capital Management LLC now owns 13,523 shares of the industrial products company’s stock worth $283,000 after acquiring an additional 517 shares in the last quarter. Trexquant Investment LP bought a new stake in Park-Ohio in the 4th quarter valued at $313,000. Osaic Holdings Inc. lifted its position in Park-Ohio by 4,446.0% in the 4th quarter. Osaic Holdings Inc. now owns 11,865 shares of the industrial products company’s stock valued at $248,000 after acquiring an additional 11,604 shares in the last quarter. Barclays PLC boosted its stake in Park-Ohio by 11.6% in the 4th quarter. Barclays PLC now owns 15,828 shares of the industrial products company’s stock worth $331,000 after purchasing an additional 1,640 shares during the period. Finally, State Street Corp increased its holdings in Park-Ohio by 8.0% during the 4th quarter. State Street Corp now owns 148,206 shares of the industrial products company’s stock worth $3,103,000 after purchasing an additional 11,036 shares in the last quarter. 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.