Park-Ohio Holdings Corp. $PKOH Shares Sold by Private Management Group Inc.

Key Points

• Private Management Group reduced its Park-Ohio stake by 12.8% in the second quarter, selling 130,709 shares. It still owned 892,294 shares, or approximately 6.16% of the company, while institutional investors collectively held 51.38%.
• Park-Ohio reported quarterly EPS of $0.93, exceeding the $0.81 consensus estimate, while revenue reached $440.1 million versus expectations of $425.57 million. The company guided for fiscal 2026 EPS of $3.10–$3.30.
• The stock opened at $45.76, and KeyCorp raised its price target to $59 with an overweight rating; however, the broader analyst consensus remained “Hold.” Park-Ohio also maintains a $0.125 quarterly dividend, yielding about 1.1% annually.

Private Management Group Inc. lessened its position in Park-Ohio Holdings Corp. (NASDAQ:PKOH - Free Report) by 12.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 892,294 shares of the industrial products company's stock after selling 130,709 shares during the period. Private Management Group Inc. owned about 6.16% of Park-Ohio worth $34,309,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of PKOH. AQR Capital Management LLC boosted its position in Park-Ohio by 4.0% during the fourth quarter. AQR Capital Management LLC now owns 13,523 shares of the industrial products company's stock worth $283,000 after acquiring an additional 517 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Park-Ohio by 10.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,449 shares of the industrial products company's stock valued at $118,000 after acquiring an additional 527 shares during the last quarter. Rhumbline Advisers raised its holdings in Park-Ohio by 4.4% in the 2nd quarter. Rhumbline Advisers now owns 13,836 shares of the industrial products company's stock valued at $247,000 after acquiring an additional 589 shares during the last quarter. Legal & General Group Plc purchased a new position in shares of Park-Ohio during the 2nd quarter worth $38,000. Finally, BNP Paribas Financial Markets lifted its stake in shares of 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 purchasing an additional 1,065 shares during the period. Hedge funds and other institutional investors own 51.38% of the company's stock.

Park-Ohio Stock Performance

NASDAQ:PKOH opened at $45.76 on Friday. The company has a quick ratio of 1.26, a current ratio of 2.40 and a debt-to-equity ratio of 1.66. The company has a market cap of $663.06 million, a P/E ratio of 24.34, a P/E/G ratio of 1.20 and a beta of 1.18. Park-Ohio Holdings Corp. has a fifty-two week low of $18.06 and a fifty-two week high of $53.30. The firm's 50 day moving average is $41.15 and its two-hundred day moving average is $32.76.

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

Park-Ohio Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were given 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 of this dividend was Friday, July 31st. Park-Ohio's payout ratio is 26.60%.

Insider Activity

In other news, Director Howard W. Iv Hanna sold 5,330 shares of Park-Ohio 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 transaction, the director directly owned 18,122 shares of the company's stock, valued at $816,396.10. The trade was a 22.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Robert D. Vilsack sold 2,290 shares of the business'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 sale, the insider owned 184,249 shares of the company's stock, valued at $7,078,846.58. The trade was a 1.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 14,024 shares of company stock valued at $574,332 over the last 90 days. 31.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Wall Street Zen raised Park-Ohio from a "buy" rating to a "strong-buy" rating in a research report on Thursday, August 13th. Weiss Ratings upgraded Park-Ohio from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, July 30th. Finally, KeyCorp raised their price target 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 investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $59.00.

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.

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