Park-Ohio (NASDAQ:PKOH) Insider Robert Vilsack Sells 6,404 Shares of Stock

Park-Ohio Holdings Corp. (NASDAQ:PKOH) insider Robert Vilsack sold 6,404 shares of the business’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $38.45, for a total transaction of $246,233.80. Following the completion of the sale, the insider directly owned 186,539 shares in the company, valued at $7,172,424.55. This trade represents a 3.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Park-Ohio Trading Up 0.6%

Shares of PKOH stock opened at $38.45 on Wednesday. The firm has a fifty day moving average of $32.16 and a 200-day moving average of $27.00. The stock has a market cap of $553.68 million, a price-to-earnings ratio of 22.89, a P/E/G ratio of 1.03 and a beta of 1.20. Park-Ohio Holdings Corp. has a 52-week low of $15.52 and a 52-week high of $39.33. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.23 and a current ratio of 2.40.

Park-Ohio (NASDAQ:PKOH) last issued its earnings results on Wednesday, May 6th. The industrial products company reported $0.65 earnings per share for the quarter, meeting the consensus estimate of $0.65. The business had revenue of $421.00 million for the quarter, compared to analyst estimates of $413.90 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 2.900-3.200 EPS. On average, equities research analysts forecast that Park-Ohio Holdings Corp. will post 3.1 earnings per share for the current fiscal year.

Park-Ohio Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, May 1st. Park-Ohio’s payout ratio is presently 29.76%.

Institutional Investors Weigh In On Park-Ohio

A number of hedge funds and other institutional investors have recently bought and sold shares of PKOH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Park-Ohio by 10.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,449 shares of the industrial products company’s stock worth $118,000 after purchasing an additional 527 shares in the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of Park-Ohio in the first quarter valued at $80,000. Geode Capital Management LLC raised its holdings in shares of Park-Ohio by 4.6% in the second quarter. Geode Capital Management LLC now owns 220,439 shares of the industrial products company’s stock valued at $3,938,000 after buying an additional 9,656 shares during the last quarter. Rhumbline Advisers lifted its position in Park-Ohio by 4.4% during the 2nd quarter. Rhumbline Advisers now owns 13,836 shares of the industrial products company’s stock worth $247,000 after buying an additional 589 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in Park-Ohio by 5.6% during the 2nd quarter. First Trust Advisors LP now owns 28,018 shares of the industrial products company’s stock worth $500,000 after buying an additional 1,489 shares in the last quarter. 51.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Weiss Ratings raised Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Wall Street Zen lowered shares of Park-Ohio from a “strong-buy” rating to a “buy” rating in a report on Monday, June 15th. 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, the company currently has a consensus rating of “Hold” and an average price target 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.