Gamco Investors INC. ET AL Boosts Stock Position in Park-Ohio Holdings Corp. $PKOH

Gamco Investors INC. ET AL raised its holdings in Park-Ohio Holdings Corp. (NASDAQ:PKOH) by 3.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,115,331 shares of the industrial products company’s stock after acquiring an additional 32,061 shares during the quarter. Gamco Investors INC. ET AL owned approximately 7.75% of Park-Ohio worth $23,690,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Teton Advisors LLC bought a new stake in shares of Park-Ohio during the third quarter worth $3,313,000. First Eagle Investment Management LLC grew its holdings in shares of Park-Ohio by 7.3% in the third quarter. First Eagle Investment Management LLC now owns 414,070 shares of the industrial products company’s stock worth $8,795,000 after purchasing an additional 28,045 shares during the last quarter. Victory Capital Management Inc. increased its stake in Park-Ohio by 26.5% in the 3rd quarter. Victory Capital Management Inc. now owns 39,200 shares of the industrial products company’s stock worth $833,000 after buying an additional 8,200 shares during the period. Vanguard Group Inc. increased its stake in Park-Ohio by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 528,699 shares of the industrial products company’s stock worth $11,230,000 after buying an additional 3,967 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in Park-Ohio by 19.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,561 shares of the industrial products company’s stock valued at $309,000 after buying an additional 2,386 shares in the last quarter. Hedge funds and other institutional investors own 51.38% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on PKOH shares. KeyCorp upgraded 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 research note on Monday, February 9th. Wall Street Zen raised shares of Park-Ohio from a “hold” rating to a “buy” rating in a research note on Saturday. Zacks Research upgraded Park-Ohio to a “hold” rating in a report on Monday, February 9th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Park-Ohio in a research note on Thursday, January 22nd. One 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, Park-Ohio has a consensus rating of “Hold” and an average price target of $37.00.

Park-Ohio Price Performance

NASDAQ PKOH opened at $25.59 on Friday. The company has a market cap of $368.50 million, a PE ratio of 14.96 and a beta of 1.11. The firm’s 50 day moving average price is $24.28 and its 200-day moving average price is $21.96. The company has a debt-to-equity ratio of 1.74, a quick ratio of 1.32 and a current ratio of 2.56. Park-Ohio Holdings Corp. has a 52-week low of $15.52 and a 52-week high of $29.50.

Park-Ohio (NASDAQ:PKOH) last issued its quarterly earnings data on Wednesday, March 4th. The industrial products company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.09). The business had revenue of $395.00 million during the quarter, compared to the consensus estimate of $402.90 million. Park-Ohio had a return on equity of 10.22% and a net margin of 1.49%.Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.

Park-Ohio Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 2.0%. Park-Ohio’s dividend payout ratio (DPR) is presently 29.76%.

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.