Park-Ohio (NASDAQ:PKOH) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Park-Ohio Holdings Corp. (NASDAQ:PKOH)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.48 and traded as high as $37.55. Park-Ohio shares last traded at $35.28, with a volume of 70,038 shares.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Wall Street Zen cut shares of Park-Ohio from a “strong-buy” rating to a “buy” rating in a report on Monday, June 15th. Weiss Ratings raised shares of Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $37.00.

Park-Ohio Stock Performance

The company has a quick ratio of 1.23, a current ratio of 2.40 and a debt-to-equity ratio of 1.70. The company has a market capitalization of $516.24 million, a PE ratio of 21.34, a PEG ratio of 0.95 and a beta of 1.18. The business has a 50 day simple moving average of $33.40 and a 200 day simple moving average of $27.66.

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

Park-Ohio Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were paid a dividend of $0.125 per share. The ex-dividend date was Friday, May 1st. This represents a $0.50 dividend on an annualized basis and a yield of 1.4%. Park-Ohio’s dividend payout ratio is presently 29.76%.

Insider Activity

In other Park-Ohio news, insider Robert D. Vilsack sold 6,404 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $38.45, for a total value of $246,233.80. Following the completion of the transaction, the insider owned 186,539 shares of the company’s stock, valued at approximately $7,172,424.55. This trade represents a 3.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 31.10% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PKOH. Tower Research Capital LLC TRC raised its holdings in 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 grew its holdings 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 purchasing an additional 1,065 shares during the period. Jones Financial Companies Lllp purchased a new stake in shares of Park-Ohio in the first quarter valued at approximately $80,000. Russell Investments Group Ltd. increased its position in shares of Park-Ohio by 73.4% in 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 in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Park-Ohio during the 2nd quarter worth approximately $90,000. 51.38% of the stock is currently owned by institutional investors and hedge funds.

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.