Park-Ohio (NASDAQ:PKOH) Stock Rating Lowered by Wall Street Zen

Park-Ohio (NASDAQ:PKOH) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Monday.

Other analysts also recently issued reports about the company. KeyCorp upped their price objective on Park-Ohio from $37.00 to $45.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. Weiss Ratings downgraded Park-Ohio from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $45.00.

Park-Ohio Trading Up 4.7%

Shares of PKOH stock opened at $39.27 on Monday. The firm has a market cap of $565.49 million, a P/E ratio of 23.38, a PEG ratio of 1.01 and a beta of 1.18. Park-Ohio has a 1-year low of $15.52 and a 1-year high of $39.67. 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 $34.59 and its 200-day simple moving average is $28.58.

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

Insider Transactions 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 shares were sold at an average price of $38.42, for a total value of $87,981.80. Following the completion of the sale, the insider owned 184,249 shares of the company’s stock, valued at $7,078,846.58. This represents a 1.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 31.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Park-Ohio

Several large investors have recently added to or reduced their stakes in the stock. JB Capital Partners LP lifted its stake in shares of Park-Ohio by 52.9% during the fourth quarter. JB Capital Partners LP now owns 117,599 shares of the industrial products company’s stock worth $2,451,000 after purchasing an additional 40,700 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in shares of Park-Ohio by 14.1% in the fourth quarter. Gamco Investors INC. ET AL now owns 1,272,221 shares of the industrial products company’s stock valued at $26,640,000 after buying an additional 156,890 shares in the last quarter. First Eagle Investment Management LLC raised its holdings in shares of Park-Ohio by 5.2% during the 4th quarter. First Eagle Investment Management LLC now owns 435,605 shares of the industrial products company’s stock valued at $9,122,000 after buying an additional 21,535 shares during the period. Rhumbline Advisers raised its holdings in shares of Park-Ohio by 4.4% during the 2nd quarter. Rhumbline Advisers now owns 13,836 shares of the industrial products company’s stock valued at $247,000 after buying an additional 589 shares during the period. Finally, Squarepoint Ops LLC lifted its position in Park-Ohio by 23.6% during the 3rd quarter. Squarepoint Ops LLC now owns 38,612 shares of the industrial products company’s stock worth $820,000 after acquiring an additional 7,365 shares in the last quarter. 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.