Manatuck Hill Partners LLC Takes Position in Park-Ohio Holdings Corp. $PKOH

Key Points

• Manatuck Hill Partners acquired 32,984 Park-Ohio shares worth approximately $1.27 million, giving it a 0.23% stake. Institutional investors collectively own 51.38% of the company.
• Park-Ohio exceeded quarterly expectations, reporting earnings of $0.93 per share versus $0.81 expected and revenue of $440.1 million versus $425.6 million. The company reaffirmed fiscal 2026 EPS guidance of $3.10–$3.30.
• Shares opened at $45.08, while KeyCorp raised its price target to $59 and assigned an “overweight” rating; however, the overall analyst consensus remains Hold. Park-Ohio also pays a quarterly dividend of $0.125 per share, yielding approximately 1.1%.

Manatuck Hill Partners LLC acquired a new position in shares of Park-Ohio Holdings Corp. (NASDAQ:PKOH - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 32,984 shares of the industrial products company's stock, valued at approximately $1,268,000. Manatuck Hill Partners LLC owned 0.23% of Park-Ohio as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PKOH. Legal & General Group Plc bought a new position in Park-Ohio during the second quarter worth about $38,000. Tower Research Capital LLC TRC raised its position in shares of 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 valued at $48,000 after acquiring an additional 2,134 shares during the period. BNP Paribas Financial Markets boosted its stake in Park-Ohio by 69.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company's stock worth $55,000 after acquiring an additional 1,065 shares during the last quarter. Jones Financial Companies Lllp bought a new position in Park-Ohio during the 1st quarter worth approximately $80,000. Finally, Russell Investments Group Ltd. grew its holdings in Park-Ohio by 73.4% during the third 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 period. Institutional investors own 51.38% of the company's stock.

Park-Ohio Price Performance

NASDAQ PKOH opened at $45.08 on Wednesday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.26 and a current ratio of 2.40. The stock has a market cap of $653.21 million, a price-to-earnings ratio of 23.98, a PEG ratio of 1.17 and a beta of 1.18. The business has a 50 day simple moving average of $40.50 and a 200 day simple moving average of $32.36. Park-Ohio Holdings Corp. has a 52-week low of $18.06 and a 52-week high of $53.30.

Park-Ohio (NASDAQ:PKOH - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The industrial products company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.12. Park-Ohio had a net margin of 1.60% and a return on equity of 10.55%. The firm had revenue of $440.10 million for the quarter, compared to analyst estimates of $425.57 million. Park-Ohio has set its FY 2026 guidance at 3.100-3.300 EPS. Analysts anticipate that Park-Ohio Holdings Corp. will post 3.19 earnings per share for the current fiscal year.

Park-Ohio Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, July 31st. Park-Ohio's dividend payout ratio is 26.60%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PKOH. Weiss Ratings upgraded shares of Park-Ohio from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, July 30th. Wall Street Zen upgraded shares of Park-Ohio from a "buy" rating to a "strong-buy" rating in a research report on Thursday, August 13th. Finally, KeyCorp raised their price objective on Park-Ohio from $45.00 to $59.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Park-Ohio has a consensus rating of "Hold" and an average price target of $59.00.

Insider Activity

In other news, Director Howard W. Iv Hanna sold 5,330 shares of the business's stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $45.05, for a total value of $240,116.50. Following the sale, the director directly owned 18,122 shares in the company, valued at $816,396.10. The trade was a 22.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Robert D. Vilsack sold 2,290 shares of the company's 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 transaction, the insider directly 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 14,024 shares of company stock worth $574,332 in the last three months. Company insiders own 31.10% of the company's stock.

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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