Park-Ohio (NASDAQ:PKOH) Posts Earnings Results, Beats Estimates By $998.35 EPS

Key Points

• Park-Ohio reported quarterly EPS of $999.00, beating the consensus of $0.65 by $998.35, and updated its FY2026 guidance to 2.900–3.200 EPS.
• Shares traded up about 2.4% to $30.24 midday; the company has a market cap of $435.5M, a P/E of 17.68, and declared a quarterly dividend of $0.125 (annualized $0.50, 1.7% yield; ex-dividend May 1).
• Insiders sold a total of 7,000 shares over the last quarter (insiders own 31.10%), institutional ownership is ~51.38%, and analysts hold a consensus "Hold" rating with a $37 price target despite several recent upgrades.

Park-Ohio (NASDAQ:PKOH - Get Free Report) announced its quarterly earnings data on Wednesday. The industrial products company reported $999.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $998.35, reports. Park-Ohio had a net margin of 1.49% and a return on equity of 10.13%. Park-Ohio updated its FY 2026 guidance to 2.900-3.200 EPS.

Park-Ohio Trading Up 2.4%

Shares of NASDAQ:PKOH traded up $0.70 during mid-day trading on Wednesday, reaching $30.24. The stock had a trading volume of 72,972 shares, compared to its average volume of 55,234. The firm has a market cap of $435.46 million, a PE ratio of 17.68 and a beta of 1.17. The firm has a 50 day simple moving average of $25.87 and a two-hundred day simple moving average of $23.48. The company has a current ratio of 2.33, a quick ratio of 1.18 and a debt-to-equity ratio of 1.62. Park-Ohio has a twelve month low of $15.52 and a twelve month high of $30.44.

Park-Ohio Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 1st will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, May 1st. Park-Ohio's dividend payout ratio (DPR) is currently 29.24%.

Insider Buying and Selling

In related news, Director Ronna Romney sold 2,000 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $24.51, for a total value of $49,020.00. Following the sale, the director directly owned 26,944 shares in the company, valued at $660,397.44. This trade represents a 6.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Howard W. Iv Hanna sold 2,600 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $24.80, for a total transaction of $64,480.00. Following the completion of the sale, the director owned 21,500 shares in the company, valued at $533,200. This represents a 10.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 7,000 shares of company stock worth $173,620 over the last quarter. 31.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Park-Ohio

Hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its holdings in Park-Ohio by 377.7% during the 2nd 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 during the period. BNP Paribas Financial Markets raised its holdings 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 buying an additional 1,065 shares during the period. Jones Financial Companies Lllp acquired a new stake in shares of Park-Ohio in the first quarter valued at approximately $80,000. Russell Investments Group Ltd. raised its holdings 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 valued at $83,000 after purchasing an additional 1,659 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Park-Ohio in the second quarter valued at approximately $90,000. 51.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PKOH. Weiss Ratings restated a "hold (c)" rating on shares of Park-Ohio in a research note on Tuesday, April 21st. Zacks Research upgraded shares of Park-Ohio to a "hold" rating in a research note on Monday, February 9th. Wall Street Zen upgraded shares of Park-Ohio from a "buy" rating to a "strong-buy" rating in a research note on Saturday, April 4th. Finally, KeyCorp upgraded shares of Park-Ohio from a "sector weight" rating to an "overweight" rating and set a $37.00 price objective for the company in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Park-Ohio presently has a consensus rating of "Hold" and a consensus target price of $37.00.

Park-Ohio Company 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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