Park-Ohio (NASDAQ:PKOH) Stock Passes Above 200 Day Moving Average – What’s Next?

Shares of Park-Ohio Holdings Corp. (NASDAQ:PKOH) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $22.50 and traded as high as $24.07. Park-Ohio shares last traded at $23.95, with a volume of 10,830 shares traded.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on PKOH shares. Weiss Ratings restated a “hold (c)” rating on shares of Park-Ohio in a report on Thursday, January 22nd. KeyCorp upgraded shares of Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 price objective for the company in a report on Monday, February 9th. Zacks Research raised shares of Park-Ohio to a “hold” rating in a research report on Monday, February 9th. Finally, Wall Street Zen upgraded shares of Park-Ohio from a “buy” rating to a “strong-buy” rating in a research note on Saturday. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Park-Ohio has an average rating of “Hold” and a consensus price target of $37.00.

Park-Ohio Price Performance

The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.18 and a current ratio of 2.33. The company has a fifty day simple moving average of $25.16 and a two-hundred day simple moving average of $22.51. The firm has a market capitalization of $344.86 million, a PE ratio of 14.01 and a beta of 1.13.

Park-Ohio (NASDAQ:PKOH) last released its quarterly earnings data on Wednesday, March 4th. The industrial products company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.09). Park-Ohio had a net margin of 1.49% and a return on equity of 10.13%. The firm had revenue of $395.00 million during the quarter, compared to the consensus estimate of $402.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.

Park-Ohio Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, February 6th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, February 6th. Park-Ohio’s dividend payout ratio is presently 29.24%.

Insider Buying and Selling

In other Park-Ohio news, Director Howard W. Iv Hanna sold 2,600 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $24.80, for a total transaction of $64,480.00. Following the sale, the director owned 21,500 shares of the company’s stock, valued at approximately $533,200. This trade represents a 10.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ronna Romney sold 2,000 shares of Park-Ohio stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $24.51, for a total value of $49,020.00. Following the completion of the transaction, the director owned 26,944 shares in the company, valued at $660,397.44. This represents a 6.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 7,000 shares of company stock worth $173,620. Insiders own 31.51% of the company’s stock.

Hedge Funds Weigh In On Park-Ohio

A number of large investors have recently added to or reduced their stakes in the company. CWM LLC grew its position in shares of Park-Ohio by 238.4% in the 3rd quarter. CWM LLC now owns 1,215 shares of the industrial products company’s stock worth $26,000 after buying an additional 856 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in Park-Ohio by 69.3% in the third 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 in the last quarter. Tower Research Capital LLC TRC grew its holdings in Park-Ohio by 377.7% in the second 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 last quarter. Jones Financial Companies Lllp acquired a new position in shares of Park-Ohio during the first quarter worth $80,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Park-Ohio by 73.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 3,920 shares of the industrial products company’s stock valued at $83,000 after purchasing an additional 1,659 shares during the last quarter. 51.38% of the stock is currently owned by 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.