Park-Ohio (NASDAQ:PKOH) Issues FY 2026 Earnings Guidance

Park-Ohio (NASDAQ:PKOH) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 3.100-3.300 for the period, compared to the consensus EPS estimate of 3.080. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Weiss Ratings raised shares of Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Wall Street Zen lowered shares of Park-Ohio from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Finally, KeyCorp lifted their price target on shares of Park-Ohio from $45.00 to $59.00 and gave the company an “overweight” rating in a research note on Friday. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $59.00.

Park-Ohio Stock Up 10.1%

Shares of NASDAQ:PKOH traded up $4.70 on Friday, reaching $51.21. The company had a trading volume of 176,232 shares, compared to its average volume of 56,389. The firm has a market capitalization of $737.32 million, a PE ratio of 27.24, a PEG ratio of 1.12 and a beta of 1.18. The company has a current ratio of 2.40, a quick ratio of 1.23 and a debt-to-equity ratio of 1.70. Park-Ohio has a 52-week low of $17.77 and a 52-week high of $51.25. The firm’s 50 day simple moving average is $36.76 and its 200-day simple moving average is $30.11.

Park-Ohio (NASDAQ:PKOH) last issued its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.12. The firm had revenue of $440.10 million during the quarter, compared to analysts’ expectations of $425.57 million. Park-Ohio had a return on equity of 10.63% and a net margin of 1.60%.Park-Ohio has set its FY 2026 guidance at 3.100-3.300 EPS. As a group, analysts expect that Park-Ohio will post 3.1 earnings per share for the current fiscal year.

Park-Ohio Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.0%. Park-Ohio’s dividend payout ratio is presently 26.60%.

Insider Activity at Park-Ohio

In other news, insider Robert D. Vilsack sold 2,290 shares of the stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $38.42, for a total transaction of $87,981.80. Following the completion of the sale, the insider owned 184,249 shares in the company, valued at approximately $7,078,846.58. This represents a 1.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 31.10% of the company’s stock.

Institutional Investors Weigh In On Park-Ohio

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PKOH. AQR Capital Management LLC raised its position in Park-Ohio by 4.0% during the 4th 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 during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake 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 acquiring an additional 527 shares during the period. Rhumbline Advisers boosted its holdings in shares of Park-Ohio by 4.4% in the 2nd quarter. Rhumbline Advisers now owns 13,836 shares of the industrial products company’s stock valued at $247,000 after acquiring an additional 589 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Park-Ohio by 69.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company’s stock valued at $55,000 after acquiring an additional 1,065 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in shares of Park-Ohio by 25.3% in the third quarter. Bank of America Corp DE now owns 6,048 shares of the industrial products company’s stock worth $128,000 after acquiring an additional 1,222 shares during the period. 51.38% of the stock is currently owned by hedge funds and other institutional investors.

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.