Park-Ohio (NASDAQ:PKOH) Director Sells $60,120.00 in Stock

Park-Ohio Holdings Corp. (NASDAQ:PKOH) Director Howard Iv Hanna sold 2,400 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $25.05, for a total transaction of $60,120.00. Following the completion of the sale, the director owned 24,100 shares of the company’s stock, valued at approximately $603,705. This represents a 9.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Park-Ohio Stock Down 2.1%

Shares of PKOH traded down $0.51 during mid-day trading on Wednesday, hitting $24.29. The company’s stock had a trading volume of 6,612 shares, compared to its average volume of 27,326. The company has a current ratio of 2.33, a quick ratio of 1.18 and a debt-to-equity ratio of 1.62. The company’s 50-day moving average is $24.84 and its 200-day moving average is $22.26. Park-Ohio Holdings Corp. has a 52-week low of $15.52 and a 52-week high of $29.50. The firm has a market capitalization of $349.73 million, a price-to-earnings ratio of 14.20 and a beta of 1.11.

Park-Ohio (NASDAQ:PKOH) last issued its quarterly earnings data on Wednesday, March 4th. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.09). The business had revenue of $395.00 million for the quarter, compared to analysts’ expectations of $402.90 million. Park-Ohio had a net margin of 1.49% and a return on equity of 10.13%. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.

Park-Ohio Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, February 6th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, February 6th. Park-Ohio’s payout ratio is presently 29.24%.

Analyst Ratings Changes

PKOH has been the topic of a number of recent research reports. Zacks Research raised Park-Ohio to a “hold” rating in a research report on Monday, February 9th. Weiss Ratings restated a “hold (c)” rating on shares of Park-Ohio in a report on Thursday, January 22nd. Wall Street Zen raised shares of Park-Ohio from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Finally, KeyCorp raised shares of Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 target price for the company in a research report on Monday, February 9th. One research 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 an average rating of “Hold” and a consensus price target of $37.00.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. CWM LLC raised its holdings in shares of Park-Ohio by 238.4% in the third quarter. CWM LLC now owns 1,215 shares of the industrial products company’s stock worth $26,000 after buying an additional 856 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Park-Ohio by 377.7% during 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 buying an additional 2,134 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Park-Ohio by 69.3% during the third quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company’s stock valued at $55,000 after buying an additional 1,065 shares during the last quarter. Jones Financial Companies Lllp acquired a new position in shares of Park-Ohio in the 1st quarter valued at $80,000. Finally, Russell Investments Group Ltd. raised its stake 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 worth $83,000 after acquiring an additional 1,659 shares during the last quarter. Institutional investors and hedge funds 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.