Park-Ohio (NASDAQ:PKOH) Updates FY 2026 Earnings Guidance

Park-Ohio (NASDAQ:PKOH) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 3.100-3.300 for the period, compared to the consensus estimate of 3.080. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

Wall Street Analysts Forecast Growth

PKOH has been the topic of several analyst reports. Wall Street Zen lowered Park-Ohio from a “strong-buy” rating to a “buy” rating in a report on Wednesday. KeyCorp boosted their price objective on shares of Park-Ohio from $37.00 to $45.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Finally, Weiss Ratings raised Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. One research 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.com, the company has an average rating of “Hold” and an average price target of $45.00.

Park-Ohio Price Performance

PKOH stock traded up $0.31 during midday trading on Wednesday, reaching $41.61. The company had a trading volume of 56,004 shares, compared to its average volume of 54,603. Park-Ohio has a 1-year low of $15.99 and a 1-year high of $42.27. The stock has a 50 day moving average price of $36.33 and a 200-day moving average price of $29.81. The company has a debt-to-equity ratio of 1.70, a current ratio of 2.40 and a quick ratio of 1.23. The company has a market capitalization of $599.18 million, a price-to-earnings ratio of 24.77, a price-to-earnings-growth ratio of 1.09 and a beta of 1.18.

Park-Ohio (NASDAQ:PKOH) last posted its quarterly earnings results on Wednesday, August 5th. The industrial products company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.12. The business had revenue of $440.10 million for the quarter, compared to analyst estimates of $425.57 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 3.100-3.300 EPS. Equities research analysts expect that Park-Ohio will post 3.1 earnings per share for the current year.

Park-Ohio Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.2%. Park-Ohio’s dividend payout ratio is 29.76%.

Insider Buying and Selling at Park-Ohio

In other Park-Ohio news, insider Robert D. Vilsack sold 2,290 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $38.42, for a total value of $87,981.80. Following the sale, the insider owned 184,249 shares in the company, valued at $7,078,846.58. This trade represents a 1.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 31.10% of the company’s stock.

Hedge Funds Weigh In On Park-Ohio

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Cerity Partners LLC bought a new position in Park-Ohio in the 2nd quarter valued at approximately $297,000. Trexquant Investment LP acquired a new position in shares of Park-Ohio during the fourth quarter worth $313,000. Two Sigma Investments LP grew its stake in shares of Park-Ohio by 46.3% in the third quarter. Two Sigma Investments LP now owns 43,101 shares of the industrial products company’s stock worth $915,000 after purchasing an additional 13,640 shares during the last quarter. Osaic Holdings Inc. grew its position in shares of 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 buying an additional 11,604 shares during the last quarter. Finally, State Street Corp grew its position in shares of Park-Ohio by 8.0% in the 4th quarter. State Street Corp now owns 148,206 shares of the industrial products company’s stock valued at $3,103,000 after buying an additional 11,036 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.