Insider Selling: Park-Ohio (NASDAQ:PKOH) Director Sells $240,116.50 in Stock

Park-Ohio Holdings Corp. (NASDAQ:PKOH) Director Howard Iv Hanna sold 5,330 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $45.05, for a total transaction of $240,116.50. Following the transaction, the director directly owned 18,122 shares in the company, valued at approximately $816,396.10. This represents a 22.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Park-Ohio Price Performance

Shares of NASDAQ:PKOH opened at $45.99 on Thursday. The company has a quick ratio of 1.26, a current ratio of 2.40 and a debt-to-equity ratio of 1.66. The stock has a market cap of $666.40 million, a PE ratio of 24.46, a PEG ratio of 1.18 and a beta of 1.18. The company’s fifty day moving average is $40.73 and its 200 day moving average is $32.51. Park-Ohio Holdings Corp. has a 52 week low of $18.06 and a 52 week high of $53.30.

Park-Ohio (NASDAQ:PKOH) last announced its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.12. The firm had revenue of $440.10 million for the quarter, compared to analysts’ expectations of $425.57 million. Park-Ohio had a return on equity of 10.55% and a net margin of 1.60%.Park-Ohio has set its FY 2026 guidance at 3.100-3.300 EPS. Research analysts anticipate that Park-Ohio Holdings Corp. will post 3.19 earnings per share for the current year.

Park-Ohio Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, July 31st. Park-Ohio’s payout ratio is 26.60%.

Institutional Trading of Park-Ohio

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc purchased a new position in Park-Ohio during the 2nd quarter valued at $38,000. Tower Research Capital LLC TRC lifted its position in shares of 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 worth $48,000 after purchasing an additional 2,134 shares during the period. BNP Paribas Financial Markets boosted 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 purchasing an additional 1,065 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in shares of Park-Ohio during the 1st quarter valued at about $80,000. Finally, Russell Investments Group Ltd. increased its position in shares of Park-Ohio by 73.4% during the third quarter. Russell Investments Group Ltd. now owns 3,920 shares of the industrial products company’s stock valued at $83,000 after buying an additional 1,659 shares during the period. Hedge funds and other institutional investors own 51.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on PKOH shares. KeyCorp increased their price objective on Park-Ohio from $45.00 to $59.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Weiss Ratings upgraded shares of Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Finally, Wall Street Zen raised shares of Park-Ohio from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Park-Ohio has a consensus rating of “Hold” and an average price target of $59.00.

Park-Ohio Company Profile

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.