Park-Ohio (NASDAQ:PKOH) Director James Wert Sells 1,000 Shares

Key Points

• Director James Wert sold 1,000 Park-Ohio shares at an average price of $46.50, generating $46,500 and reducing his ownership by 1.11% to 89,456 shares.
• Park-Ohio reported quarterly earnings of $0.93 per share, exceeding estimates of $0.81, while revenue of $440.1 million also topped forecasts. The company projects fiscal 2026 EPS of $3.10–$3.30.
• The company pays a quarterly dividend of $0.125 per share, equivalent to an annualized $0.50 dividend and a 1.1% yield. Analysts maintain an average “Hold” rating with a $59 price target, despite some recent rating upgrades.

Park-Ohio Holdings Corp. (NASDAQ:PKOH - Get Free Report) Director James Wert sold 1,000 shares of the company's stock in a transaction on Monday, September 21st. The shares were sold at an average price of $46.50, for a total value of $46,500.00. Following the completion of the transaction, the director owned 89,456 shares of the company's stock, valued at $4,159,704. The trade was a 1.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Park-Ohio Stock Performance

Shares of PKOH stock opened at $47.17 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 firm has a market capitalization of $683.49 million, a price-to-earnings ratio of 25.09, a price-to-earnings-growth ratio of 1.19 and a beta of 1.22. Park-Ohio Holdings Corp. has a one year low of $18.06 and a one year high of $53.30. The company has a 50 day moving average price of $44.15 and a 200 day moving average price of $35.06.

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. The company had revenue of $440.10 million for the quarter, compared to analyst estimates 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. Sell-side analysts anticipate that Park-Ohio Holdings Corp. will post 3.22 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%.

Institutional Investors Weigh In On Park-Ohio

A number of hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP boosted its stake in shares of Park-Ohio by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 837,015 shares of the industrial products company's stock valued at $20,121,000 after buying an additional 6,547 shares during the last quarter. BlackRock Inc. acquired a new position in Park-Ohio during the 2nd quarter worth $28,189,000. JB Capital Partners LP bought a new stake in shares of Park-Ohio in the 2nd quarter worth about $4,672,389. Bank of New York Mellon Corp acquired a new stake in shares of Park-Ohio in the 2nd quarter valued at about $4,403,000. Finally, CM Wealth Advisors LLC acquired a new position in Park-Ohio in the second quarter worth about $4,302,000. Institutional investors and hedge funds own 51.38% of the company's stock.

Wall Street Analyst Weigh In

PKOH has been the topic of several research analyst reports. Weiss Ratings raised Park-Ohio from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, July 30th. KeyCorp raised their price target on shares of Park-Ohio from $45.00 to $59.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Finally, Wall Street Zen raised shares of Park-Ohio from a "buy" rating to a "strong-buy" rating in a research report on Thursday, August 13th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $59.00.

Park-Ohio Company Profile

Park-Ohio Holdings Corp. is a diversified manufacturing and supply-chain services company headquartered in Ohio. Through its operating businesses, the company supplies engineered components and manages the movement of materials and parts for original equipment manufacturers and other industrial customers.

Park-Ohio's Supply Chain Management businesses provide outsourced manufacturing, sourcing, inventory management, logistics, packaging, and just-in-time delivery services. These operations help customers procure raw materials and component parts, coordinate production requirements, and deliver products to manufacturing facilities.

Its Diversified Manufacturing businesses produce a range of engineered products, including forged, machined, formed, molded, and assembled components.

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