Park-Ohio (NASDAQ:PKOH) Issues Quarterly Earnings Results, Misses Expectations By $0.09 EPS

Park-Ohio (NASDAQ:PKOH) issued its quarterly earnings data on Wednesday. The industrial products company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.09), FiscalAI reports. The business had revenue of $395.00 million during the quarter, compared to analyst estimates of $402.90 million. Park-Ohio had a return on equity of 10.22% and a net margin of 1.49%. Park-Ohio updated its FY 2026 guidance to 2.900-3.200 EPS.

Park-Ohio Stock Up 4.4%

Park-Ohio stock opened at $27.82 on Friday. The stock has a market cap of $400.61 million, a PE ratio of 16.27 and a beta of 1.11. The company has a debt-to-equity ratio of 1.74, a quick ratio of 1.32 and a current ratio of 2.56. The firm’s 50-day simple moving average is $24.19 and its 200 day simple moving average is $21.92. Park-Ohio has a fifty-two week low of $15.52 and a fifty-two week high of $29.50.

Park-Ohio Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, February 6th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.50 annualized dividend and a dividend yield of 1.8%. Park-Ohio’s payout ratio is presently 29.76%.

Institutional Investors Weigh In On Park-Ohio

Several hedge funds and other institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC increased its position in shares of Park-Ohio by 4.0% in the fourth quarter. AQR Capital Management LLC now owns 13,523 shares of the industrial products company’s stock worth $283,000 after purchasing an additional 517 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Park-Ohio by 10.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,449 shares of the industrial products company’s stock valued at $118,000 after buying an additional 527 shares during the period. Rhumbline Advisers increased its stake in shares of Park-Ohio by 4.4% during the second quarter. Rhumbline Advisers now owns 13,836 shares of the industrial products company’s stock valued at $247,000 after buying an additional 589 shares during the period. BNP Paribas Financial Markets lifted its holdings in Park-Ohio by 69.3% in the third quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company’s stock worth $55,000 after buying an additional 1,065 shares during the period. Finally, Bank of America Corp DE grew its position in shares of Park-Ohio by 25.3% in the 3rd quarter. Bank of America Corp DE now owns 6,048 shares of the industrial products company’s stock worth $128,000 after buying an additional 1,222 shares during the period. 51.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Park-Ohio in a research note on Thursday, January 22nd. KeyCorp raised shares of Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 target price on the stock in a report on Monday, February 9th. Finally, Zacks Research raised shares of Park-Ohio to a “hold” rating in a research note on Monday, February 9th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $37.00.

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.