Gamco Investors INC. ET AL trimmed its position in shares of Park-Ohio Holdings Corp. (NASDAQ:PKOH – Free Report) by 2.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,236,121 shares of the industrial products company’s stock after selling 36,100 shares during the quarter. Gamco Investors INC. ET AL owned approximately 0.09% of Park-Ohio worth $29,716,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in PKOH. Tower Research Capital LLC TRC boosted its holdings in Park-Ohio by 377.7% during the second quarter. Tower Research Capital LLC TRC now owns 2,699 shares of the industrial products company’s stock worth $48,000 after buying an additional 2,134 shares in the last quarter. BNP Paribas Financial Markets increased 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 buying an additional 1,065 shares in the last quarter. Jones Financial Companies Lllp acquired a new position in shares of Park-Ohio in the first quarter worth about $80,000. Russell Investments Group Ltd. raised 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 worth $83,000 after acquiring an additional 1,659 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Park-Ohio during the 2nd quarter worth about $90,000. 51.38% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the company. Wall Street Zen lowered Park-Ohio from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 20th. KeyCorp increased their price target on Park-Ohio from $37.00 to $45.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Finally, Weiss Ratings lowered Park-Ohio from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 14th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Park-Ohio presently has an average rating of “Hold” and an average target price of $45.00.
Insider Transactions at Park-Ohio
In related news, insider Robert D. Vilsack sold 2,290 shares of Park-Ohio stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $38.42, for a total value of $87,981.80. Following the sale, the insider directly owned 184,249 shares in the company, valued at approximately $7,078,846.58. The trade was a 1.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 31.10% of the company’s stock.
Park-Ohio Price Performance
Shares of NASDAQ PKOH opened at $38.47 on Friday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.23 and a current ratio of 2.40. The firm has a fifty day moving average of $35.06 and a 200 day moving average of $28.89. The firm has a market cap of $553.97 million, a PE ratio of 22.90, a PEG ratio of 1.03 and a beta of 1.18. Park-Ohio Holdings Corp. has a one year low of $15.52 and a one year high of $39.69.
Park-Ohio (NASDAQ:PKOH – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.65. Park-Ohio had a net margin of 1.46% and a return on equity of 9.93%. The business had revenue of $421.00 million for the quarter, compared to the consensus estimate of $413.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, research analysts predict that Park-Ohio Holdings Corp. will post 3.1 EPS for the current fiscal year.
Park-Ohio Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $0.50 dividend on an annualized basis and a yield of 1.3%. Park-Ohio’s dividend payout ratio (DPR) is currently 29.76%.
Park-Ohio 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.
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