Park-Ohio (NASDAQ:PKOH) Reaches New 1-Year High – What’s Next?

Park-Ohio Holdings Corp. (NASDAQ:PKOH)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $35.56 and last traded at $35.3780, with a volume of 58038 shares traded. The stock had previously closed at $34.61.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on PKOH. Weiss Ratings cut shares of Park-Ohio from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 5th. Wall Street Zen lowered shares of Park-Ohio from a “strong-buy” rating to a “buy” rating in a research note on Monday. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $37.00.

Park-Ohio Price Performance

The company has a quick ratio of 1.23, a current ratio of 2.40 and a debt-to-equity ratio of 1.70. The firm has a market capitalization of $516.38 million, a PE ratio of 21.30, a PEG ratio of 0.93 and a beta of 1.20. The firm’s fifty day simple moving average is $30.14 and its 200-day simple moving average is $26.00.

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

Park-Ohio Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were given a dividend of $0.125 per share. The ex-dividend date was Friday, May 1st. This represents a $0.50 dividend on an annualized basis and a yield of 1.4%. Park-Ohio’s dividend payout ratio is currently 29.76%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of PKOH. Tower Research Capital LLC TRC grew its position in 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 last quarter. BNP Paribas Financial Markets increased its stake 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 acquiring an additional 1,065 shares during the last quarter. Jones Financial Companies Lllp acquired a new position in shares of Park-Ohio during the 1st quarter valued at about $80,000. Russell Investments Group Ltd. increased its stake in shares of Park-Ohio by 73.4% during 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. Finally, Raymond James Financial Inc. acquired a new position in shares of Park-Ohio during the 2nd quarter valued at about $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.