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

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

Park-Ohio Trading Up 0.6%

Shares of NASDAQ:PKOH traded up $0.23 during mid-day trading on Tuesday, reaching $38.45. 50,793 shares of the company were exchanged, compared to its average volume of 50,717. Park-Ohio Holdings Corp. has a 1 year low of $15.52 and a 1 year high of $39.33. 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 firm’s 50-day simple moving average is $31.94 and its 200 day simple moving average is $26.89. The firm has a market cap of $553.68 million, a price-to-earnings ratio of 22.89, a P/E/G ratio of 1.05 and a beta of 1.19.

Park-Ohio (NASDAQ:PKOH) last announced its earnings results on Wednesday, May 6th. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.65. Park-Ohio had a return on equity of 9.93% and a net margin of 1.46%.The company had revenue of $421.00 million for the quarter, compared to analyst estimates of $413.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. Equities research analysts forecast that Park-Ohio Holdings Corp. will post 3.1 EPS for the current year.

Park-Ohio Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Friday, May 1st. Park-Ohio’s payout ratio is currently 29.76%.

Institutional Trading of Park-Ohio

Several hedge funds have recently modified their holdings of the stock. Bank of America Corp DE grew its stake in Park-Ohio by 25.0% during the 1st quarter. Bank of America Corp DE now owns 14,033 shares of the industrial products company’s stock worth $337,000 after purchasing an additional 2,805 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Park-Ohio by 0.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 837,015 shares of the industrial products company’s stock valued at $20,121,000 after buying an additional 6,547 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in shares of Park-Ohio in the 1st quarter valued at about $344,000. AQR Capital Management LLC grew its position in shares of Park-Ohio by 4.0% during the fourth quarter. AQR Capital Management LLC now owns 13,523 shares of the industrial products company’s stock worth $283,000 after buying an additional 517 shares in the last quarter. Finally, Trexquant Investment LP acquired a new position in shares of Park-Ohio during the fourth quarter worth about $313,000. 51.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PKOH has been the topic of several research reports. Wall Street Zen cut shares of Park-Ohio from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 15th. Weiss Ratings upgraded shares of Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $37.00.

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.